NOT LISTED FOR SALE

1503 Warf Rd Lexington, NC 27292

Estimated Value: $618,780 - $782,000

2 Beds
4 Baths
2,455 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 12, 2014

Last sale price $349,000 $142 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,968/month

110 Days on Market

Highlights

  • Lake Front
  • Solid Surface Countertops
  • Cottage
  • Deck
  • No HOA
  • 3 Car Attached Garage

About This Home

As of August 2014

REDUCED AGAIN!! BRING YOUR BUYER TODAY! Lake living at its finest in this home completely rebuilt in 2008! 3 HVAC units, fire pit, decks, beautiful pier, great views. Hardwood through out. Master bath: gorgeous claw footed tub & seperate shower, master closet w/ laundry. finished basement perfect for in-law suite or rental income has full kitchen, large bathroom, walkin closet and large bedroom w/ lake views. The upstairs bonus room has a half bath plus balcony. 3 CAR ATTACHED GARAGE. A true MUST SEE!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 1960

Lot Details

  • Lake Front
  • Sloped Lot
  • Cleared Lot
  • Property is zoned RS

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 2,455 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Solid Surface Countertops
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Schools

  • Central Middle School
  • Central Davidson High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • J.L. Daniel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06024B00B0005
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,967

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 108(WF)x222x70x209
  • Co List Office Mls Id: WLPM01
  • Co List Office Phone: 336-798-2898
  • Subdivision Name: J.L. Daniel
  • Directions: NC 8 to left on Feezer Road, First road on left, Warf Road house will be on left sign in yard
  • Above Grade Finished Sq Ft: 2455
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 952
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2455
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Attached Microwave Oven,Dishwasher, Water Heater: Electric
  • Interior Amenities: Ceiling Fan(s), Dryer Connection, Garage Door Opener(s), Laundry Room - Main Level, Pantry, Separate Shower, Solid Surface Counter, Washer Connection
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 952
  • Living Area: 2455
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_HalfBathsUpper: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Deck
  • Lot Features: Lake Front, Cleared, Sloped
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 06024B00B0005
  • Zoning: RS
  • TRIADMLS_DeedPage: 1391
  • TRIADMLS_DeedBook: 1655

Tax Info

  • Tax Annual Amount: 1967.14
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Stout Mcalexander Boyd and Stout Faye Rita
Bought by
Mcalexander Boyd Stout and Mcalexander Rita Faye
Current Estimated Value
$697,195

Purchase Details

Listed on
Mar 26, 2014
Closed on
Aug 7, 2014
Sold by
Waddell Terry P and Waddell Vickie B
Bought by
Mcalexander Boyd
List Price
$382,000
Sold Price
$349,000
Premium/Discount to List
-$33,000
-8.64%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Hines John P and Hines Julie H
Bought by
Waddell Terry and Waddell Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Fritts Jr James R
Bought by
Hines John P and Hines Julie H

Purchase Details

Closed on
Aug 1, 1989
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
Mcalexander Boyd Stout -- Berg Jeffrey J
Mcalexander Boyd $349,000 None Available
Waddell Terry $205,000 None Available
Hines John P $142,500 --
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stout Mcalexander Boyd $125,000
Open Mcalexander Boyd Stout $200,000
Previous Owner Mcalexander Boyd S $104,500
Previous Owner Waddell Terry P $292,000
Previous Owner Waddell Terry P $300,000
Previous Owner Waddell Terry $45,000
Previous Owner Waddell Terry P $298,000
Previous Owner Waddell Terry $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2014 08/12/14 Sold $349,000 -8.6% $142 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $382,000 -- $156 / 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 $2,024 $351,700 $0 $0
2023 $2,356 $351,700 $0 $0
2022 $2,321 $351,700 $0 $0
2021 $2,404 $351,700 $0 $0
2020 $2,275 $350,250 $0 $0
2019 $2,316 $350,250 $0 $0
2018 $2,269 $350,260 $0 $0
2017 $2,278 $350,260 $0 $0
2016 $2,231 $350,260 $0 $0
2015 $2,217 $350,260 $0 $0
2014 $1,981 $312,510 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 701311

Triad MLS

APN: 06-024-B-00B-0005-0-0-0