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564 Freewood Road

564 Freewood Road, Lexington, NC 27295
Property in Davidson
Sold Nov 24, 2020
$181,000
$176,195 by Residential Mortgage Services
Mortgage Due Dec 01, 2050
Sold May 01, 1987
$59,000
564 Freewood Road has been categorized by the local assessors in Lexington, NC as a residential type of property. The building on the property was first built in 1986 and is 38 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 564 Freewood Road has 1,444 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,200 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 46,609 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 308 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 564 Freewood Road was last sold in Nov 24, 2020 for $181,000. According to our calculations, that's $55.25 per sqft. Prior to that sales transaction, the property was sold for $59,000 in May 1, 1987. Current property owners are expected to pay $903 in taxes per year. The property on 564 Freewood Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $150,460. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,200
  • Garage Type: Carport
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 46,609
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 3,276
  • Gross Building Area: 3,276
  • Building Area: 3,276
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,444
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YADKIN COLLEGE TOWNSHIP
  • Land Acres: 1.07
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: L83 BK2443-428 US 64

Ownership

  • Current Owner : WYATT JACKLYN LEANNE
  • Previous Owner : MAIN JUDITH GAIL
  • 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: RA3

Geography

  • Assessors Map Reference: MAP 006
  • Account Number: 9250266
  • District: 19
  • Parcel: 19-006-0-000-0083
  • Municipality: YADKIN COLLEGE
  • Latitude: 35.8604
  • Longitude: -80.3719

    Address

  • Full Address: 564 Freewood Rd
  • Address - House Number: 564
  • Address - Street Name: Freewood
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Lexington
  • Carrier Code: R031
  • 4-Digit Zip Code: 6530
  • Zip Code: 27295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $903

    Appraisal Valuation

  • Standard Deviation: 0.2511
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 64
  • Final Value: 232,349
  • High Value: 290,700
  • Low Value: 173,998

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,195
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Nov 24, 2020
  • First Open Lien Mortgage Loan Amount: $176,195
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $150,460
  • Market Land Value: $18,490
  • Market Improvement Value: $131,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,460

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Transaction ID: 11802825487
  • Current Sale Price: $181,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020000026091
  • Previous Sale Recording Date: May 01, 1987
  • Previous Sale Contract Date: May 01, 1987
  • Previous Sale Amount: $59,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: Nov 24, 2020
  • First Mortgage Loan Amount: $176,195
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

About Davidson



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Frequently Asked Questions

What neighborhood is 564 Freewood Road located in?
The 564 Freewood Road is a located in the neighborhood of Davidson in Davidson, Lexington.
What is the average sales price for listings in 564 Freewood Road?
The average sales price for units in 564 Freewood Road is $180,000 currently.

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