NOT LISTED FOR SALE

1040 Ridge Rd Lexington, NC 27295

Estimated Value: $316,000 - $474,260

3 Beds
2 Baths
1,900 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $355,000 $187 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,112/month

49 Days on Market

Highlights

  • New Construction
  • 1 Acre Lot
  • No HOA
  • North Davidson Middle School Rated 9+
  • Solid Surface Countertops
  • Porch

About This Home

As of July 2024

Brand new construction, This 3 bdrm, 2 bath home has large living room, which is open to the kitchen and dining room. The kitchen features granite counter tops, soft close doors and drawer cabinets, dining room enters onto rear covered deck, Primary bathroom has dual sinks, stand alone tub and sep. shower. Large front covered porch, oversized garage with two doors.

Last Agent to Sell the Property

Brian Sprinkle

KB Realty License #177821 Listed on: 04/24/2024

Last Buyer's Agent

Shannon Leyba

Keller Williams Realty Elite License #291515

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1 Acre Lot
  • Cleared Lot
  • Property is zoned RA3

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,774 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1132400000005C
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,545

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Subdivision Name: None
  • Directions: From Winston Salem, Midway, Old US Hwy 52, Left onto Midway School Rd, Right onto Ridge Rd, Home will be on the left. From Lexington, Follow Greensboro St Ext, Left onto Ridge Rd, Home will be on the right.
  • Above Grade Finished Sq Ft: 1774
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2024
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • TRIADMLS_LandDescription: Cleared Land
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Separate Shower, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Living Area: 1774
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone
  • Completion Date: 2024-05-17T04:00:00.000Z

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Welcome
  • High School: North Davidson
  • Middle Or Junior School: North Davidson

Lot Info

  • Parcel #: 1132400000005C
  • Zoning: RA3
  • TRIADMLS_PlatPage: 9
  • TRIADMLS_PlatBook: 87
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2545
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jul 2, 2024
Sold by
Steve Everhart Real Estate Llc
Bought by
Smith Amelia and Smith Kyle
Seller's Agent
Brian Sprinkle
KB Realty
Buyer's Agent
Shannon Leyba
Keller Williams Realty Elite
List Price
$379,900
Sold Price
$355,000
Premium/Discount to List
-$24,900
-6.55%
Views
40
Current Estimated Value
$377,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,565
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Aug 23, 2023
Sold by
Tate Dathan R and Brooke Brinkley
Bought by
Steve Everhart Real Estate Llc
Source: Public Records

Range of Values:

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Average Value
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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
Smith Amelia $355,000 None Listed On Document
Smith Amelia $355,000 None Listed On Document
Steve Everhart Real Estate Llc $50,000 None Listed On Document
Steve Everhart Real Estate Llc $50,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $355,000 -6.6% $237 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $379,900 -- $253 / Sq Ft
Source: Triad MLS

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
2025 $1,507 $228,280 $0 $0
2024 $204 $30,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1140360

Triad MLS

APN: 11-324-0-000-0005-C-0-0