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Sold for $550,000
  • $550,000

    315 Hillcrest Dr, Lexington, NC 27292

    8beds
    4,872sqft
    MultiFamily
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $113/sqft
    $1,303 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,303/mo

    Zestimate® history
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    What's special

    Here is a great opportunity to add to your investment portfolio with an updated, profitable, six unit apartment building in a popular, historic and family oriented neighborhood in Lexington that is walkable to downtown and easy access to the highway. Property consists of 4- 1 bdrm/1 bath units and 2- 2 bdrm/1bath units. All units are occupied. Electrical, plumbing, windows, central air and most appliances have all been updated. 5 of the six unit kitchens/baths have been updated. Secured foyer entrance to main building, common area lighting, offstreet, paved parking and on-site parking, low maintenance exterior with brick and vinyl exterior and metal roof. Tenants pay all utilities except for water/sewer, which is paid by the owner. Gross annual income is $51,840. Property is being sold “as is “. Please do not disturb the tenants. Must provide proof-of-funds before showing. Please leave message or better yet text. Will consider owner financing with reasonable offer and financial package.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,872 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Vinyl, Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 11051000D0007

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Footing
    • Roof: Metal
    Condition
    • Year built: 1945

    Community & HOA

    Location
    • Region: Lexington

    Financial & listing details

    • Price per square foot: $113/sqft
    • Tax assessed value: $298,120
    • Annual tax amount: $3,905

    Price history

    DateEventPrice
    5/30/2024Sold$550,000-21%$113/sqft
    Source: Public Record Report a problem
    3/12/2024Listed for sale$695,900-5.9%$143/sqft
    Source: Owner Report a problem
    10/1/2023Listing removed--
    Source: Canopy MLS as distributed by MLS GRID #4006741 Report a problem
    7/29/2023Price change$739,900-2.6%
    Source: Triad MLS #1098261 Report a problem
    6/5/2023Price change$759,900-1.3%$156/sqft
    Source: Canopy MLS as distributed by MLS GRID #CAR4006741 Report a problem
    3/3/2023Listed for sale$769,900+87.1%$158/sqft
    Source: Canopy MLS as distributed by MLS GRID #CAR4006741 Report a problem
    4/14/2022Sold$411,500-14.3%
    Source: Triad MLS #1059812 Report a problem
    3/14/2022Pending sale$479,900$99/sqft
    Source: Canopy MLS as distributed by MLS GRID #3832634 Report a problem
    2/25/2022Listed for sale$479,900-29.9%$99/sqft
    Source: Canopy MLS as distributed by MLS GRID #3832634 Report a problem
    12/7/2021Listing removed--
    Source: Owner Report a problem
    9/8/2021Listed for sale$685,000-5.5%$141/sqft
    Source: Owner Report a problem
    8/9/2021Listing removed--
    Source: Owner Report a problem
    8/8/2021Listed for sale$725,000+625%$149/sqft
    Source: Owner Report a problem
    12/12/2017Sold$100,000+25%$21/sqft
    Source: Public Record Report a problem
    8/23/2013Sold$80,000$16/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,905 $298,120
    2024$3,905 $298,120
    2023$3,905 +74.5%$298,120 +74.5%
    2022$2,238 $170,850
    2021$2,238 -2.8%$170,850 -2.8%
    2020$2,302 $175,760
    2019-- $175,760
    2018$2,497 $175,760 -9.2%
    2017$2,497 $193,550
    2016$2,497 $193,550
    2015$2,497 +88.7%$193,550 +84.3%
    2014$1,324 $105,040
    2013-- $105,040
    2012-- $105,040 -23.7%
    2011-- $137,750
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
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    2000-- --
    1999-- --
    Find assessor info on the county website

    Neighborhood: 27292

    Nearby schools

    GreatSchools rating
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