NOT LISTED FOR SALE

201 Railroad Ln Lexington, NC 27292

Estimated Value: $228,000 - $295,355

3 Beds
1.5 Baths
1,300 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $265,000 $204 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,447/month

30 Days on Market

Highlights

  • Barn
  • Attic
  • Attached Carport
  • Partially Wooded Lot
  • No HOA
  • Outdoor Storage

About This Home

As of June 2022

Cozy single level brick home nestled just outside of Lexington with great access to highways 64, I85 and 109. This home features a full basement, with garage door walkout, and is currently set up as a wood shop. Everything is brand new in the kitchen including countertops, custom cabinets with pull outs, and appliances. Hardwood flooring, and recent paint and trim work throughout! Red Barn can be sold with Home. Lot next door is included for a total of 2.17 acres

Last Agent to Sell the Property

Johnny Petrozelle

Oak Leaf Properties of NC License #270386 Listed on: 05/06/2022

Last Buyer's Agent

Jenna Younts

J. Marshall Realty License #303110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 1965

Lot Details

  • 2.1 Acre Lot
  • Lot Dimensions are 163 x 328 x 150 x 394
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA2

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Attic
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Satellite Dish

Additional Features

  • Outdoor Storage
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0502800000010A00

Home Details

Home Type

Single Family

Est. Annual Taxes

$760

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.1
  • Lot Size: 163 x 328 x 150 x 394
  • Subdivision Name: None
  • Directions: Take highway 109 to highway 64 towards Lexington. Turn left onto gravel road, Railroad lane, house is the second home on the left.
  • Above Grade Finished Sq Ft: 1200
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1965
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Other Equipment: Satellite Dish
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1200
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Lot Features: Partially Cleared, Partially Wooded, Rolling Slope
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0502800000010A00
  • Zoning: RA2
  • TRIADMLS_PricePerAcre: 107142.8571
  • TRIADMLS_DeedPage: 1474
  • TRIADMLS_DeedBook: 2184
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 760
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2015
Closed on
Jun 18, 2015
Sold by
Crotts Betty Jo and Sowers Janice Diane C
Bought by
Farrell George Thomas and Farrell Tracy Lynn
Seller's Agent
Rick Mosher
Tri County Real Estate
Buyer's Agent
Johnny Petrozelle
Oak Leaf Properties of NC
List Price
$49,000
Sold Price
$52,000
Premium/Discount to List
$3,000
6.12%
Current Estimated Value
$262,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,089
Avg. Annual Appreciation
16.88%

Purchase Details

Closed on
Aug 21, 1968
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
Farrell George Thomas $55,500 None Available
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2022 06/07/22 Pending -- -- --
06/06/2022 06/06/22 Sold $265,000 +17.8% $265 / Sq Ft
05/06/2022 05/06/22 For Sale $225,000 +332.7% $225 / Sq Ft
06/18/2015 06/18/15 Sold $52,000 +6.1% $52 / Sq Ft View Prior Sale
06/05/2015 06/05/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $49,000 -- $49 / 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 $901 $142,950 $0 $0
2024 $901 $142,950 $0 $0
2023 $901 $142,950 $0 $0
2022 $781 $120,110 $0 $0
2021 $760 $120,110 $0 $0
2020 $558 $91,450 $0 $0
2019 $567 $91,450 $0 $0
2018 $567 $91,450 $0 $0
2017 $567 $91,450 $0 $0
2016 $545 $87,830 $0 $0
2015 -- $87,830 $0 $0
2014 $299 $91,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1068765

Triad MLS

APN: 05-028-0-000-0010-A-0-0