4 months on rocket

503 Hoover Dr, Lexington, NC, 27292

$172,000

Home List Price

$2,043*

Closing Credit

3 Bedrooms
2 Full Baths
1,278 SqFt
$135/SqFt
House

Location

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503 Hoover Dr, Lexington$172,000

Buyer Closing Credits

$2,043*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Driveway, Detached Carport
Garage1 space
Year Built1918
HeatingHeat Pump, Natural Gas
CoolingHeat Pump
MLS #1147566
StatusActive

About 503 Hoover Dr

This sound MOVE IN READY home situated in a quiet neighborhood is a total cutie and offers many updates! There is no reason for this home to be overlooked. Upon entry notice the archway doors, new flooring, fresh paint, replacement windows, tons of natural light, new appliances and an awesome floor plan featuring a spacious living room, Kitchen, dining area, den, 3 bedrooms and 2 full baths. When you exit the back den find a covered back porch/patio, chain-link fence, carport and a back yard private oasis fully surrounded by natural mature trees creating the coolest nook and great garden space! The home, the roof and the heat pump are in good shape. Make an offer on this partially updated, spacious move-in ready home.

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Living Area: 1,278 SqFt

Listing Office:

  • Office Name: Land Pro Real Estate, Inc
  • Office Phone: (336) 669-1405
  • Listing Agent: Teresa Martin

Interior Features

Interior Information:

  • Appliances: Exhaust Fan, Range, Gas Water Heater
  • Basement: No
  • Interior: Arched Doorways

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Carport, Driveway, Detached Carport

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Fairview drive to School Street to Hoover Drive. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $172,000
  • Price Per SqFt: $135/SqFt

Tax Information:

  • Annual Amount: $1,107
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$288.5K

Med. Price/SqFt

$162

Avg. Days On Market

44

# of Sold Homes

105

503 Hoover Dr vs Lexington

145 DAYS ON ROCKET

+101 Days

$172,000

-$116.5K Less

$135/SqFt

-$27 Less

KEY TAKEAWAY

This property is $116.5K less than the Median Sold Price and $27/SqFt less 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: #1147566

Listing Office:

  • Office Name: Land Pro Real Estate, Inc
  • Office Phone: (336) 669-1405
  • Listing Agent: Teresa Martin

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: 11/21/2024, 7:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 13, 2018Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,107$85,120
2020$765$59,310
2019$776$59,310
2018$781$59,590
2017$781$59,590

History based on county public records data.

Payment Calculator

$926

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$582

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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-398535
7
/10
  • Charles England Elementary School

  • 111 Cornelia St

  • 1.17 miles

  • Public District Grades 1-5

school-card-donut-398536
4
/10
  • Southwest Elementary School

  • 434 Central Ave

  • 1.47 miles

  • Public District Grades 1-5

school-card-donut-398537
5
/10
  • Pickett Elementary School

  • 200 Biesecker Rd

  • 2.62 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,865. Typical income of Lexington, NC residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Hoover Dr

What is the listing price of this property?

The listing price of 503 Hoover Dr property is $172,000.

What type of property is this?

The property 503 Hoover Dr is a house located in Lexington, North Carolina, 27292.

Is this property for sale now?

Active Listing: 503 Hoover 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 $1,107 (source: MLS/based on county public records data).

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

The last sale was on December 13, 2018 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 503 Hoover Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 503 Hoover Dr is 1,278 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Hoover Dr is 1918.

Rocket Homes›North Carolina›Davidson County›Lexington›27292›503 Hoover Dr

This home is located at 503 Hoover Dr in Lexington, NC and zip code 27292. This 1,278 square foot home was built in 1918. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 29, 2024 and is currently priced at $172,000.

In October 2024 more than 14 listings in Lexington, NC were sold above the asking price. During the same period more than 45 listings were sold at asking price, while more than 46 were sold below. The inventory of homes for sale in Lexington, NC between September 2024 and October 2024 decreased by 0.4%. Listings spent 44 days on the market in October 2024, and had a median list price of $288,532 during the same period.

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

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