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618 Homestead Drive

618 Homestead Drive, Lexington, NC 27292
Property in Davidson
Sold Jun 21, 2021
$215,000
$215,000 by State Employees Cu
Mortgage Due Jul 01, 2041
Sold Jun 01, 1987
$96,500
618 Homestead Drive has been categorized by the local assessors in Lexington, NC as a residential type of property. The building on the property was first built in 1983 and is 41 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 618 Homestead Drive has 1,104 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 167,706 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood shingle. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 618 Homestead Drive sold most recently in Jun 21, 2021 for a total of $215,000. If you work out the math, that's approximately a cost of $58.81 per sqft. Before that, the property was also sold for $96,500 in Jun 1, 1987. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,406 in taxes each year. 618 Homestead Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $219,710. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2000
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Wood shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 1,104
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 167,706
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,656
  • Gross Building Area: 3,656
  • Building Area: 3,656
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,104
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOMESTEAD ACRES
  • Land Acres: 3.85
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P=16-243 L11 BK2484-1776 HOMESTEA

Ownership

  • Current Owner : JOHNS TERRY D
  • Current Owner 2: JOHNS SUSAN M
  • Previous Owner : GARDNER JERRY DOUGLAS
  • Previous Owner 2: GARDNER THERESA MATHIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Davidson County Schools
  • School Tax School District: C
  • School Tax District Code 2: FR03
  • Census Tract: 061805

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: MAP 013
  • Account Number: 9254404
  • District: 15
  • Parcel: 15-013-C-000-0011
  • Municipality: SILVER HILL
  • Latitude: 35.7509
  • Longitude: -80.2321

    Address

  • Full Address: 618 Homestead Dr
  • Address - House Number: 618
  • Address - Street Name: Homestead
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Lexington
  • Carrier Code: R034
  • 4-Digit Zip Code: 4368
  • Zip Code: 27292

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,406

    Appraisal Valuation

  • Standard Deviation: 0.255
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 63
  • Final Value: 290,962
  • High Value: 365,157
  • Low Value: 216,766

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $215,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2041

    Market Valuation

  • Market Total Value: $219,710
  • Market Land Value: $32,500
  • Market Improvement Value: $187,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,710

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11841740326
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021000015361
  • Previous Sale Recording Date: Jun 01, 1987
  • Previous Sale Contract Date: Jun 01, 1987
  • Previous Sale Amount: $96,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $215,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2041

About Davidson



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Frequently Asked Questions

What neighborhood is 618 Homestead Drive located in?
The 618 Homestead Drive is a located in the neighborhood of Davidson in Davidson, Lexington.
What is the average sales price for listings in 618 Homestead Drive?
The average sales price for units in 618 Homestead Drive is $0 currently.

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