NOT LISTED FOR SALE

488 Lake Drive 6 Lexington, NC 27292

Estimated Value: $368,000 - $522,433

3 Beds
2 Baths
2,090 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 488 Lake Drive 6, Lexington, NC 27292 and is currently estimated at $466,358, approximately $223 per square foot. 488 Lake Drive 6 is a home located in Davidson County with nearby schools including Southwood Elementary School, Central Davidson Middle School, and Central Davidson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2007
Sold by
M L Black Enterprises Inc
Bought by
Upchurch William Lynn and Upchurch Sylvia Ann
Current Estimated Value
$466,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,920
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2007
Sold by
Hill Betty L
Bought by
M L Black Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Hill Betty L
Bought by
Hill Michael Derwin and Hill Randell Dee

Purchase Details

Closed on
Sep 1, 1992
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Upchurch William Lynn $375,000 None Available
M L Black Enterprises Inc $138,000 None Available
Hill Betty L -- None Available
Hill Michael Derwin -- Chicago Title Insurance Co
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upchurch William Lynn $248,000
Closed Upchurch William Lynn $25,000
Closed Upchurch William Lynn $284,750
Closed Upchurch William Lynn $303,000
Closed Upchurch William Lynn $299,920
Previous Owner M L Black Enterprises Inc $280,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,377 $340,660 $0 $0
2023 $2,399 $340,660 $0 $0
2022 $2,423 $340,660 $0 $0
2021 $2,449 $340,660 $0 $0
2020 $2,203 $322,890 $0 $0
2019 $2,251 $322,890 $0 $0
2018 $2,339 $322,890 $0 $0
2017 $2,366 $322,890 $0 $0
2016 $2,396 $322,890 $0 $0
2015 $2,136 $322,890 $0 $0
2014 $2,170 $329,060 $0 $0
Source: Public Records

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