5 months on rocket

1240 Fairview Dr, Lexington, NC, 27292

$299,000

Home List Price

$3,551*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,685 SqFt
$177/SqFt
House

Location

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1240 Fairview Dr, Lexington$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Paved, Attached
Attached Garage4 spaces
Year Built1949
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceLiving Room
MLS #1148666
Lot Size0.61 Acres
StatusActive

About 1240 Fairview Dr

Turn this into your home AND office! 2 bedroom/1.5 bath property always used as residential but situated in a business district on a corner lot. With some TLC and a few updates, this property can be your next family home or family business! Includes a huge 27 x 27 workshop that's wired and plumbed with workspace, office and bathroom. Just seconds away from I-85 and close proximity to Walmart, Lowes, restaurants and other retailers, convenient to High Rock Lake and downtown Lexington. Come take a look!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1949
  • Living Area: 1,685 SqFt

Listing Office:

  • Office Name: Leonard Craver Realty Inc
  • Office Phone: (336) 249-0296
  • Listing Agent: Jackie Helton

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Paved, Attached

Lot Features

Lot Information:

  • Lot: City Lot, Corner Lot
  • Lot Size: 0.61 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Main Street Lexington, Take East Center Street, then Right on Fairview Drive @ CVS, Property on Right just before Cagney's Restraunt. Property address 1240

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $177/SqFt

Tax Information:

  • Annual Amount: $2,286
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$290.1K

Med. Price/SqFt

$162

Avg. Days On Market

54

# of Sold Homes

98

1240 Fairview Dr vs Lexington

163 DAYS ON ROCKET

+109 Days

$299,000

+$8.8K More

$177/SqFt

+$14 More

KEY TAKEAWAY

This property is $8.8K more than the Median Sold Price and $14/SqFt more than other homes in Lexington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1148666

Listing Office:

  • Office Name: Leonard Craver Realty Inc
  • Office Phone: (336) 249-0296
  • Listing Agent: Jackie Helton

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: 12/22/2024, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,286$343,160
2020$3,981$308,550
2019$4,042$308,550
2018$4,042$308,550
2017$4,042$308,550

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-854203
7
/10
  • Charles England Elementary School

  • 111 Cornelia St

  • 2.38 miles

  • Public District Grades 1-5

school-card-donut-854204
4
/10
  • Southwest Elementary School

  • 434 Central Ave

  • 2.39 miles

  • Public District Grades 1-5

school-card-donut-854205
5
/10
  • Tyro Elementary School

  • 450 Cow Palace Rd

  • 3.38 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,321. The majority of Lexington, NC residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 Fairview Dr

What is the listing price of this property?

The listing price of 1240 Fairview Dr property is $299,000.

What type of property is this?

The property 1240 Fairview Dr is a house located in Lexington, North Carolina, 27292.

Is this property for sale now?

Active Listing: 1240 Fairview Dr 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 $2,286 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1240 Fairview Dr has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1240 Fairview Dr is 1,685 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 Fairview Dr is 1949.

Rocket Homes›North Carolina›Davidson County›Lexington›27292›1240 Fairview Dr

This home is located at 1240 Fairview Dr in Lexington, NC and zip code 27292. This 1,685 square foot home, which was built in 1949, sits on a 0.61 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $299,000.

In November 2024, from all listings sold in Lexington, NC there were more than 16 sold above asking price, over 53 sold below and more than 29 were sold right at the asked price. The number of homes for sale in Lexington, NC decreased by 6.1% between October 2024 and November 2024. Listings spent 54 days on the market in November 2024, and had a median list price of $290,192 during the same period.

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

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