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725 Lanier Road

725 Lanier Road, Lexington, NC 27295
House in Davidson
Sold May 20, 2020
$285,000
$317,775 by Loandepotcom Llc
Mortgage Due Feb 01, 2052
Sold Aug 24, 2015
$200,000
$140,000 by Citibank Na
Mortgage Due Sep 01, 2045
725 Lanier Road in Lexington, NC was first built in 2006 and is 18 years old. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 725 Lanier Road has 898 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 basement is 780 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 56,192 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. The home has a gable or hip style roof made of wood shake/ shingles. For those who need parking, there is a garage. The garage is 625 sqft. 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 B. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 heat pump and being fueled with electricity. 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 Apr 25, 2020 for $285,000. That's $57.73 per sqft. Prior to that sales transaction, the property was also sold in Aug 11, 2015 for $200,000. 725 Lanier Road was last assessed in 2023. The total value of the property was assessed at $288,290. 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 $1,730. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Stone Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 780
  • Garage Type: Garage
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 56,192
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 4,937
  • Gross Building Area: 4,937
  • Building Area: 4,937
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 898
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP 2 OF LINGLE FARMS
  • Land Acres: 1.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P=24-76 L15 BK2409-305 LINGLE FARMS

Ownership

  • Current Owner : ERNEST HENRY ALLEN
  • Previous Owner : PETRO JOSEPH PAUL
  • Previous Owner 2: PETRO HEIDI LOUISE
  • Owner Before Previous Owner: DEREMER CHRISTOPHER M
  • Owner Before Previous Owner 2: DEREMER AMY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Davidson County Schools
  • School Tax School District: C
  • School Tax District Code 2: FR30
  • Census Tract: 061705

Zoning

  • Zoning: RA1

Geography

  • Assessors Map Reference: MAP 008
  • Account Number: 9246877
  • District: 18
  • Parcel: 18-008-A-000-0015
  • Municipality: TYRO
  • Latitude: 35.8448
  • Longitude: -80.3667

    Address

  • Full Address: 725 Lanier Rd
  • Address - House Number: 725
  • Address - Street Name: Lanier
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Lexington
  • Carrier Code: R003
  • 4-Digit Zip Code: 8157
  • Zip Code: 27295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,730

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 68
  • Final Value: 401,560
  • High Value: 494,067
  • Low Value: 309,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $317,775
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $317,775
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $288,290
  • Market Land Value: $32,500
  • Market Improvement Value: $255,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,290

    Sales

  • Current Sale Contract Date: Apr 25, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Transaction ID: 11761586215
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020000010694
  • Previous Sale Recording Date: Aug 24, 2015
  • Previous Sale Contract Date: Aug 11, 2015
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: May 20, 2020
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Aug 24, 2015
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About Davidson



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Frequently Asked Questions

What neighborhood is 725 Lanier Road located in?
The 725 Lanier Road is a house located in the neighborhood of Davidson in Davidson, Lexington.
What is the average sales price for listings in 725 Lanier Road?
The average sales price for units in 725 Lanier Road is $0 currently.

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