705 W 5th Ave, Lexington, NC, 27292

$260,000

Home List Price

$3,088*

Closing Credit

4 Bedrooms
2 Full Baths
1,774 SqFt
$147/SqFt
House

Location

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705 W 5th Ave, Lexington$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Space(s), Shared Driveway
Year Built1917
HeatingForced Air
CoolingCentral Air
MLS #4194951
StatusActive

About 705 W 5th Ave

This beautifully restored Craftsman style home was updated top to bottom in 2023. Open concept living with 9 foot ceilings throughout. This spacious home features 4 bedrooms and 2 full bathrooms, a custom privacy fenced yard, and wrap around covered front porch. Primary has attached bathroom and walk-in closet. Roof, HVAC, water heater, upgraded windows, and furnace are one year old. LG refrigerator, washer, and steam dryer included. Fresh landscaping to include sod was installed this fall. This home is truly move-in ready. Welcome Home!

Property Details

Property Features

Property Information:

  • Year Built: 1917
  • Living Area: 1,774 SqFt

Listing Office:

  • Office Name: COMPASS
  • Office Email: sonya@thealexanderrealtygroup.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Washer/Dryer
  • Basement: No
  • Flooring Type: Vinyl, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Parking Space(s), Shared Driveway

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000
  • Price Per SqFt: $147/SqFt

Tax Information:

  • Annual Amount: $1,059
  • 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

$288.5K

Med. Price/SqFt

$162

Avg. Days On Market

44

# of Sold Homes

105

705 W 5th Ave vs Lexington

10 DAYS ON ROCKET

-34 Days

$260,000

-$28.5K Less

$147/SqFt

-$15 Less

KEY TAKEAWAY

This property is $28.5K less than the Median Sold Price and $15/SqFt less than other homes in Lexington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4194951

Listing Office:

  • Office Name: COMPASS
  • Office Email: sonya@thealexanderrealtygroup.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 10:51:47 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

Oct 14, 2020Home Sold
$26,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,059$81,420
2020$849$65,810
2019$862$65,810
2018$862$65,810
2017$862$65,810

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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-2040298
4
/10

  • Southwest Elementary School

  • 434 Central Ave

  • 0.83 miles

  • Public District Grades 1-5

school-card-donut-2040299
5
/10

  • Pickett Elementary School

  • 200 Biesecker Rd

  • 1.54 miles

  • Public District Grades 1-5

school-card-donut-2040300
7
/10

  • Charles England Elementary School

  • 111 Cornelia St

  • 1.65 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 $30,472. Typical income of Lexington, NC residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 W 5th Ave

What is the listing price of this property?

The listing price of 705 W 5th Ave property is $260,000.

What type of property is this?

The property 705 W 5th Ave is a house located in Lexington, North Carolina, 27292.

Is this property for sale now?

Active Listing: 705 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 $1,059 (source: MLS/based on county public records data).

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

The last sale was on October 14, 2020 for $26,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 705 W 5th Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 705 W 5th Ave is 1,774 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 W 5th Ave is 1917.

Rocket Homes›North Carolina›Davidson County›Lexington›27292›705 W 5th Ave

This home is located at 705 W 5th Ave in Lexington, NC and zip code 27292. This 1,774 square foot home was built in 1917. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $260,000.

Lexington, NC housing market in October 2024 saw over 14 listings sold above listed price, more than 45 sold at listed price and over 46 sold below. The number of homes for sale in Lexington, NC decreased by 0.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 44 days, the median list price was $288,532.

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

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