NOT LISTED FOR SALE

107 Reid Dr Lexington, NC 27292

Estimated Value: $148,000

0.78 Acre
$189,744 Price per Acre
33,977 Sq Ft Lot

Last Sold April 28, 2025

Last sale price $135,000

Est. 10% increase in value since last sale

Current estimated payment $840/month

3 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • No HOA
  • Southwood Elementary School Rated 9+
  • Wooded Lot

About This Lot

As of April 2025

Welcome to 107 Reid Drive, your opportunity to own a prime piece of lakefront property that's ready for your vision to come to life. Get ready to spend your days on the boat, jet skiing, or even fishing! This beautiful .78 acre build-ready lot offers amazing views of the water and direct lake access perfect for all of those activities. This waterfront lot features 100 feet of shoreline along the main channel of Abbotts creek. Lastly, this lot meets the basic private pier requirements for a dock with 50ft shoreline and water 6ft deep. Agents please see agent only for septic information. Buyer to verify all septic and water information.

Last Agent to Sell the Property

Scott Aldridge

Howard Hanna Allen Tate - Greensboro License #278686 Listed on: 04/09/2025

Howard Hanna Allen Tate - Greensboro

Co-Listed By

Bobbie Maynard

Howard Hanna Allen Tate - Greensboro License #123376

Last Buyer's Agent

Lori Prescott

Keller Williams Realty Elite License #302212

Keller Williams Realty Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $904

Lot Details

  • 0.78 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned RS

Home Design

  • Tar and Gravel Roof

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Additional Features

  • Lake Views
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 11 / B
  • Assessor Parcel Number 06025E00B0011000
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association

Recreation

  • Lake On Lot
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$904

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.78
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: GATC01
  • Co List Office Phone: 336-273-7771
  • Directions: Take I-85 S to NC-8 S in Lexington. Take exit 91 from I-85 S. Continue on NC-8 S. Drive to Reid Dr. Turn left onto Feezor Rd. Turn left onto Young Mill Rd. Reid Drive is a gravel road to the left at the end of Young Mill Road.
  • Idx Status: Sold
  • TRIADMLS_LandDescription: Lake, Lake Front, Lake View, Waterview, Wooded
  • Special Features: None

Interior Features

  • Possible Use: Modular, Single Family
  • Basement YN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Wooded
  • Waterfront Features: Lake Privileges, Lake Front

Utilities

  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southmont
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 06025E00B0011000
  • Zoning: RS
  • TRIADMLS_PlatPage: 18
  • TRIADMLS_PlatBook: 9

Tax Info

  • Tax Annual Amount: 904.5
  • Tax Block: B
  • Tax Lot: 11
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Apr 22, 2025
Sold by
Accv Llc
Bought by
Nelson Elaine B
Seller's Agent
Scott Aldridge
Howard Hanna Allen Tate - Greensboro
Buyer's Agent
Lori Prescott
Keller Williams Realty Elite
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%
Views
13
Current Estimated Value
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,000
Avg. Annual Appreciation
13.42%

Purchase Details

Closed on
Feb 24, 2014
Sold by
Gibney Laurence Miller
Bought by
Accv Llc

Purchase Details

Closed on
Sep 28, 2005
Sold by
Odom Tommy S and Odom Katheryn N
Bought by
Gibney Laurence Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2000
Bought by
Odom Tommy S and Odom Kathryn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Nelson Elaine B $135,000 None Listed On Document
Accv Llc -- None Available
Gibney Laurence Miller $79,000 None Available
Odom Tommy S $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibney Laurence Miller $71,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2025 04/28/25 Sold $135,000 +3.8% --
04/12/2025 04/12/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $130,000 -- --
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 $891 $135,000 $0 $0
2024 $891 $135,000 $0 $0
2023 $905 $135,000 $0 $0
2022 $891 $135,000 $0 $0
2021 $851 $135,000 $0 $0
2020 $851 $135,000 $0 $0
2019 $864 $135,000 $0 $0
2018 $844 $135,000 $0 $0
2017 $844 $135,000 $0 $0
2016 $844 $135,000 $0 $0
2015 $844 $135,000 $0 $0
2014 $781 $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1176356

Triad MLS

APN: 06-025-E-00B-0011-0-0-0