NOT LISTED FOR SALE

1801 City Lake Unit 1801 Lexington, NC 27295

Estimated Value: $883,000 - $931,000

7 Acres
$128,759 Price per Acre
304,920 Sq Ft Lot

Last Sold March 22, 2013

Last sale price $63,000

Est. 1,331% increase in value since last sale

Current estimated payment $5,070/month

218 Days on Market

Highlights

  • 7 Acre Lot
  • No HOA
  • Level Lot
  • North Davidson Middle School Rated 9+

About This Lot

As of March 2013

Beautiful acreage tract in North Davidson area. Nice level land ready to build your dream home. Easy access to I-85, Hwy. 52, Lexington, Winston-Salem. Zoned RA-3.

Last Agent to Sell the Property

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325 Listed on: 07/26/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $503

Lot Details

  • 7 Acre Lot
  • Lot Dimensions are 255. x 875 x 313 x 900
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Property is zoned RA3

Schools

  • North Davidson Middle School
  • North Davidson High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1K
  • Assessor Parcel Number 1132300000001K00

Property Details

Property Type

Land

Est. Annual Taxes

$503

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 7
  • Lot Size: 255. x 875 x 313 x 900
  • Road Frontage Type: 2-Lane, Public
  • Road Surface Type: Paved
  • Directions: Hwy. 52 N. from Lexington. Right onto City Lake Rd. (just before 52 bypass). Lot on left past Sink Rd.
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Rural, Level, Partially Cleared

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 1132300000001K00
  • Zoning: RA3
  • TRIADMLS_PlatPage: 61
  • TRIADMLS_PlatBook: 46
  • TRIADMLS_AcresRange: 6 - 107

Tax Info

  • Tax Annual Amount: 502.78
  • Tax Block: 0
  • Tax Lot: 1K
  • Tax Map Number: 323
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Furr Thomas Cody and Furr Lauren Emerson
Bought by
Gardner Dennis and Gardner Sabrina
Current Estimated Value
$901,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$762,301
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$139,009

Purchase Details

Listed on
Jul 26, 2012
Closed on
Mar 22, 2013
Sold by
Jolly Benjamin Myers and Jolly Jodi
Bought by
Furr Thomas Cody and Furr Lauren Emerson
Seller's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
List Price
$79,000
Sold Price
$63,000
Premium/Discount to List
-$16,000
-20.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.49%

Purchase Details

Closed on
Jan 22, 2005
Sold by
Sink John E and Sink Peggy
Bought by
Jolly Benjamin Myers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gardner Dennis $965,000 None Listed On Document
Gardner Dennis $965,000 None Listed On Document
Furr Thomas Cody $63,000 None Available
Jolly Benjamin Myers $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Dennis $765,000
Closed Gardner Dennis $765,000
Previous Owner Jolly Benjamin Myers $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2013 03/22/13 Sold $63,000 -20.3% --
03/02/2013 03/02/13 Pending -- -- --
07/26/2012 07/26/12 For Sale $79,000 -- --
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 $3,943 $597,480 $0 $0
2024 $3,943 $597,480 $0 $0
2023 $4,003 $597,480 $0 $0
2022 $3,943 $597,480 $0 $0
2021 $3,943 $597,480 $0 $0
2020 $3,616 $547,860 $0 $0
2019 $3,671 $547,860 $0 $0
2018 $3,561 $547,860 $0 $0
2017 $3,310 $509,250 $0 $0
2016 $3,310 $509,250 $0 $0
2015 $3,310 $509,250 $0 $0
2014 $503 $77,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 649030

Triad MLS

APN: 11-323-0-000-0001-K-0-0