NOT LISTED FOR SALE

120 Farabee Homestead Rd Lexington, NC 27295

Estimated Value: $288,000 - $304,316

3 Beds
2 Baths
1,600 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $255,000 $159 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,696/month

6 Days on Market

Highlights

  • Attic
  • Porch
  • Central Air
  • No HOA
  • 2 Car Attached Garage
  • Dog Run

About This Home

As of March 2023

You've been waiting for this one. Well maintained ranch home in Lexington features all one level living on large lot w/shade trees. Freshly pressure cleaned driveway, sidewalks, and front covered rocking chair porch. Large 2 car attached garage and HUGE fenced in back yard with double gate. Inside features new neutral paint throughout AND all new carpets. Kitchen with breakfast area and laundry room. Large primary bedroom with tray ceilings and tons of natural light. All bedrooms w/ generously sized closets. Great home w/ private feel. Don't let this one slip away. Call today.

Last Agent to Sell the Property

Terri Bias

Terri Bias and Associates License #165216 Listed on: 02/06/2023

Last Buyer's Agent

Kristin Coco

Realty One Group Results License #292104

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,013

Year Built

  • Built in 2001

Lot Details

  • 0.92 Acre Lot
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot
  • Property is zoned RA1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Carpet
  • Pull Down Stairs to Attic
  • Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bethel Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18014D0000001000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,013

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: Bethel Springs
  • Directions: From I40 E, take exit 193A to merge onto I-285/NC-8 S/ US 52 S toward Lexington. Take exit 89 for US-64 toward Lexington/Mocksville. Turn right onto US-64 W, R, R onto NC-150 W, R onto Farabee Homestead Rd, first house on R.
  • Above Grade Finished Sq Ft: 1460
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1460
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Dog Run
  • Fencing: Fenced, Partial
  • Lot Features: Cleared, Level, Subdivided
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

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
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 18014D0000001000
  • Zoning: RA1
  • TRIADMLS_PricePerAcre: 277173.913
  • TRIADMLS_DeedPage: 1493
  • TRIADMLS_DeedBook: 01942
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1013
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 6, 2023
Sold by
Poirier David
Bought by
Monsees Frederick Hellyer and Hastings Valerie J
Seller's Agent
Terri Bias
Terri Bias and Associates
Buyer's Agent
Kristin Coco
Realty One Group Results
List Price
$245,000
Sold Price
$255,000
Premium/Discount to List
$10,000
4.08%
Views
49
Current Estimated Value
$298,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,079
Avg. Annual Appreciation
2.86%
Original Mortgage
$160,000
Outstanding Balance
$155,868
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$117,629

Purchase Details

Closed on
Jul 20, 2001
Sold by
Floyd Julius W and Floyd Shaylyn
Bought by
Floyd Julius W

Purchase Details

Closed on
Nov 7, 2000
Sold by
Philpot Laurence C
Bought by
Floyd Julius W and Floyd Shaylyn

Purchase Details

Closed on
Sep 1, 1978
Source: Public Records

Range of Values:

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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
Monsees Frederick Hellyer $255,000 --
Floyd Julius W -- --
Floyd Julius W $16,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monsees Frederick Hellyer $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $255,000 +4.1% $196 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $245,000 -- $188 / 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
2024 $1,015 $166,250 $0 $0
2023 $1,013 $165,850 $0 $0
2022 $1,013 $165,850 $0 $0
2021 $1,013 $165,850 $0 $0
2020 $919 $150,540 $0 $0
2019 $933 $150,540 $0 $0
2018 $933 $150,540 $0 $0
2017 $933 $150,540 $0 $0
2016 $933 $150,540 $0 $0
2015 $933 $150,540 $0 $0
2014 $910 $146,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Bias

    Seller's Agent in 2023

    Terri Bias

    Terri Bias and Associates

    (336) 399-7726

    3 in this area

    311 Total Sales

    Terri Bias
    Section Image

  • K

    Buyer's Agent in 2023

    Kristin Coco

    Realty One Group Results

    1 in this area

    35 Total Sales

    Kristin Coco
    Section Image
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Map

Source: Triad MLS

MLS Number: 1095926

Triad MLS

APN: 18-014-D-000-0001-0-0-0

North Carolina Davidson County Lexington 27295

120 Farabee Homestead Rd, Lexington, NC

This home is located at 120 Farabee Homestead Rd, Lexington, NC 27295 since 06 February 2023 and is currently estimated at $298,079, approximately $186 per square foot. This property was built in 2001. 120 Farabee Homestead Rd is a home located in Davidson County with nearby schools including Tyro Elementary School, Tyro Middle School, and West Davidson High School.

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Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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