NOT LISTED FOR SALE

2424 City Lake Rd Lexington, NC 27295

Estimated Value: $311,018 - $397,000

2 Beds
2 Baths
1,900 Sq Ft
$183/Sq Ft Est. Value

Last Sold January 14, 2019

Last sale price $215,000 $113 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,929/month

4 Days on Market

Highlights

  • 3.11 Acre Lot
  • Living Room with Fireplace
  • No HOA
  • North Davidson Middle School Rated 9+
  • Attic
  • 1-minute walk to Old City Lake Park

About This Home

As of January 2019

SO MUCH MORE than meets the eye with this one!! Beautiful ranch home with main level and basement garage. Separate large outbuilding with electricity and water is perfect for those who like to tinker. This home has been meticulously maintained and it shows as soon as you step inside the front door. Partially fenced backyard and enough parking for any size get-together. The property was once three separate tracts of land that has been combined into just over 3 acres. This is home is a definite must see.

Last Agent to Sell the Property

Loretta Morton

Howard Hanna Allen Tate Oak Ridge Commons License #281930 Listed on: 12/01/2018

Howard Hanna Allen Tate Oak Ridge Commons

Co-Listed By

Betty Smith

Howard Hanna Allen Tate Summerfield License #33606

Last Buyer's Agent

Lisa Barney

Keller Williams Realty License #229686

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1995

Lot Details

  • 3.11 Acre Lot
  • Fenced

Parking

  • 4 Car Attached Garage
  • Basement Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,720 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Second Washer
  • Dryer Hookup
  • Second Dryer Hookup
  • Second Washer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1132300000044000 & 1132300044
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,692

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3.11
  • Co List Office Mls Id: GATC01
  • Co List Office Phone: 336-273-7771
  • Subdivision Name: None
  • Directions: US 52 South to exit 92 (NC-8/Old U.S. Hwy 52). Turn left at light, left on City Lake Rd. Home is on the right.
  • Above Grade Finished Sq Ft: 1720
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1995
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Gas Water Heater, Tankless Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dead Bolt(s), Soaking Tub, Pantry
  • Has Basement: Unfinished, Basement, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 1720
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Driveway, Garage, Gravel, Garage Door Opener, Attached, Basement
  • Garage Description: Attached Garage, Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, In Basement, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 1132300000044000 & 1132300044
  • Zoning: R
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 1692
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.0063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Mar 31, 2016
Sold by
Kerley Denny J
Bought by
Ritz Ron and Ritz Trisha
Seller's Agent
Judy Lanier
Leonard Craver Realty Inc
Buyer's Agent
Brooke Cashion
Howard Hanna Allen Tate Kernersville
List Price
$209,000
Sold Price
$189,500
Premium/Discount to List
-$19,500
-9.33%
Current Estimated Value
$347,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,505
Avg. Annual Appreciation
6.52%
Original Mortgage
$180,025
Outstanding Balance
$143,160
Interest Rate
3.71%
Estimated Equity
$203,845

Purchase Details

Closed on
Jan 24, 2011
Sold by
Kerley Denny Jasper
Bought by
Kerley Denny J and Kerley Traci Hinkle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1994

Purchase Details

Closed on
Dec 1, 1980
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
Ritz Ron -- --
Kerley Denny J -- None Available
-- $3,000 --
-- $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritz Ron $180,025
Closed Ritz Ron --
Previous Owner Kerley Denny J $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2019 01/14/19 Sold $215,000 +2.4% $143 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
12/01/2018 12/01/18 For Sale $209,900 +10.8% $140 / Sq Ft
03/31/2016 03/31/16 Sold $189,500 -9.3% $126 / Sq Ft View Prior Sale
02/24/2016 02/24/16 Pending -- -- --
04/07/2015 04/07/15 For Sale $209,000 -- $139 / 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 $1,247 $188,940 $0 $0
2024 $1,247 $188,940 $0 $0
2023 $1,247 $188,940 $0 $0
2022 $1,247 $188,940 $0 $0
2021 $1,247 $188,940 $0 $0
2020 $1,299 $196,810 $0 $0
2019 $1,189 $177,470 $0 $0
2018 $1,154 $177,470 $0 $0
2017 $1,154 $177,470 $0 $0
2016 $1,154 $177,470 $0 $0
2015 $1,154 $177,470 $0 $0
2014 $1,166 $179,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 911676

Triad MLS

APN: 11-323-0-000-0044-0-0-0