3 months on rocket

101 W 5th Ave, Lexington, NC, 27292

$699,000

Home List Price

$8,301*

Closing Credit

0 Baths
House
Schools Nearby

Location

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101 W 5th Ave, Lexington$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
Year Built1900
HeatingHeat Pump
CoolingHeat Pump
MLS #1129634
Lot Size0.40 Acres
StatusActive

About 101 W 5th Ave

Are you searching for a lucrative investment property with strong rental potential and room for growth? Look no further than this spacious beauty! Prime Location that is Situated in a booming neighborhood with two homes. The first house boasts 5000 sq/ft with building plans consisting of four 2 Bedroom, 2 Bath apartments that needs reno completed. The other home has two 1 Bedroom, 1 Bath apartments that have been updated. This property boasts easy access to public transportation, schools, and major amenities. Its convenient location and access to the major thoroughfares makes it a winner!! Photograph coming this week

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 584-9431
  • Listing Agent: Matthew Menshew

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Tile, Vinyl

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: 85N to Exit 87 for I-285/I85BL/US-52N. Use right 2 lanes to take exit 87 for I-85/US29/US70 toward High Point. Take the exit toward Old US64, Sharp right onto National Blvd, continue onto State Rd 1277, Left onto W. 5th Ave. House is .9 miles on Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000

Tax Information:

  • Annual Amount: $1,844
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lexington, NC.

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Lexington, NC

City

Med. Sold Price

$282.1K

Med. Price/SqFt

$156

Avg. Days On Market

46

# of Sold Homes

90

101 W 5th Ave vs Lexington

117 DAYS ON ROCKET

+71 Days

$699,000

+$416.8K More

KEY TAKEAWAY

This property is $416.8K more than the Median Sold Price in Lexington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1129634

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 584-9431
  • Listing Agent: Matthew Menshew

IDX Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 12:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2007Home Sold
$48,000
Dec 01, 2005Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,844$141,850
2020$1,687$130,760
2019$1,712$130,760
2018$1,713$130,760
2017$1,713$130,760

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6747868
4
/10

  • Charles England Elementary School

  • 111 Cornelia St

  • 1.15 miles

  • Public District Grades 1-5

school-card-donut-6747869
3
/10

  • Southwest Elementary School

  • 434 Central Ave

  • 1.21 miles

  • Public District Grades 1-5

school-card-donut-6747870
4
/10

  • Pickett Elementary School

  • 200 Biesecker Rd

  • 1.75 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,250. The most common annual income of people living in Lexington, NC is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 101 W 5th Ave

What is the listing price of this property?

The listing price of 101 W 5th Ave property is $699,000.

What type of property is this?

The property 101 W 5th Ave is a house located in Lexington, North Carolina, 27292.

Is this property for sale now?

Active Listing: 101 W 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,844 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 5, 2007 for $48,000. (source: MLS/tax record).

What is the square footage of this property?

The property 101 W 5th Ave is 0 - 0 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 101 W 5th Ave is 1900.

Rocket Homes›North Carolina›Davidson County›Lexington›27292›101 W 5th Ave

This home is located at 101 W 5th Ave in Lexington, NC and zip code 27292. This home was built in 1900. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $699,000.

While more than 11 listings in Lexington, NC in April 2024 were sold above asking price, there were more than 37 listings sold at asking price, and more than 42 were sold below. The number of homes for sale in Lexington, NC increased by 5.2% between March 2024 and April 2024. In April 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $282,115.

From Rocket Homes Real Estate and based on county public records data.

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