716 West 5th Avenue

716 West 5th Avenue in Lexington, NC was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1976. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 716 West 5th Avenue has 2,568 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 14,500 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a carport. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 12, 2019 for $125,000. That's $40.53 per sqft. Prior to that sales transaction, the property was also sold in Mar 1, 1994 for $78,000. 716 West 5th Avenue was last assessed in 2023. The total value of the property was assessed at $138,850. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,819. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.