NOT LISTED FOR SALE

244 Reich Farm Ct Lexington, NC 27295

Estimated Value: $404,000 - $471,000

3 Beds
2.5 Baths
2,900 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $420,000 $145 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,464/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Cul-De-Sac
  • Wood Flooring
  • No HOA
  • Central Air

About This Home

As of August 2022

*PLEASE SUBMIT BEST OFFERS BY 7PM ON 7/24!!!* Desirable two story home with basement in POPULAR Reich Farm neighborhood of Davidson county! Situated in cul-de-sac on nearly 1 acre lot! Brick & vinyl exterior, inviting entry, 3bedrooms, 2.5bathrooms! Soaring ceiling & warm gas fireplace in living room! You will love hosting guests in your spacious galley-style kitchen, formal dining room & breakfast area! Main level primary suite with jetted tub, separate shower, dual sinks & dual closets! Main level office with beautiful shelving! Hardwood flooring in main living areas, fresh neutral paint! 2nd floor bonus room (in addition to 2 upper level bedrooms) PLUS recreation room in basement! Relaxing covered back deck & patio, overlooking side yard & wooded backyard! 2-car basement garage with work space! Abundant storage spaces! Recent roof replacement! Low Davidson county taxes, Great Schools! Convenient to highways, shopping & dining! WELCOME HOME! *New carpet to be installed soon!*

Last Agent to Sell the Property

Lindsay Brandon

Howard Hanna Allen Tate - Winston Salem License #202653 Listed on: 07/08/2022

Howard Hanna Allen Tate - Winston Salem

Last Buyer's Agent

Alicia Hamilton

Mungo Homes License #308832

Mungo Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 2001

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 88 x 31 x 37 x 243 x 380 x 179
  • Cul-De-Sac
  • Property is zoned RA3

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,761 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Reich Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03006J0000038000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,509

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • Lot Size: 88 x 31 x 37 x 243 x 380 x 179
  • Subdivision Name: Reich Farm
  • Directions: Hwy 52S to Hickory Tree Rd exit, Right off exit onto Hickory Tree Rd, Left on Hartman Rd, Left on Reich Farm Ct, Home is on the right, in the cul-de-sac.
  • Above Grade Finished Sq Ft: 2761
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 400 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Separate Shower
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2761
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Basement
  • Garage Description: Basement Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 03006J0000038000
  • Zoning: RA3
  • TRIADMLS_PlatPage: 67
  • TRIADMLS_PlatBook: 33
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1509
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 9, 2022
Sold by
Allison Christopher M and Allison Kelly K
Bought by
Gaither Takeisha B and Gaither Kennth
Seller's Agent
Lindsay Brandon
Howard Hanna Allen Tate - Winston Salem
Buyer's Agent
Alicia Hamilton
Mungo Homes
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%
Views
1
Current Estimated Value
$444,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,453
Avg. Annual Appreciation
1.80%
Original Mortgage
$405,982
Outstanding Balance
$388,139
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving
Estimated Equity
$56,314

Purchase Details

Closed on
Apr 18, 2015
Sold by
Champion David A and Champion Kristy D
Bought by
Allison Christopher M and Allison Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,554
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2001
Sold by
Bbj Building Inc
Bought by
Champion David A

Purchase Details

Closed on
Mar 29, 2001
Sold by
Hubbard Realty Of Ws Inc
Bought by
Bbj Building Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gaither Takeisha B $420,000 Orenstein Law Pllc
Allison Christopher M $240,000 None Available
Champion David A $172,500 --
Bbj Building Inc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaither Takeisha B $405,982
Previous Owner Allison Christopher M $235,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2022 08/24/22 Sold $420,000 +5.0% $175 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $400,000 +66.7% $167 / Sq Ft
06/14/2016 06/14/16 Sold $239,900 -4.0% $104 / Sq Ft View Prior Sale
05/03/2016 05/03/16 Pending -- -- --
11/06/2015 11/06/15 For Sale $250,000 -- $109 / 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 $1,648 $261,450 $0 $0
2024 $1,648 $261,450 $0 $0
2023 $1,648 $261,450 $0 $0
2022 $1,509 $239,410 $0 $0
2021 $1,509 $239,410 $0 $0
2020 $1,299 $206,060 $0 $0
2019 $1,278 $206,060 $0 $0
2018 $1,278 $206,060 $0 $0
2017 $1,278 $206,060 $0 $0
2016 $1,235 $199,240 $0 $0
2015 $1,235 $199,240 $0 $0
2014 $1,274 $205,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1075970

Triad MLS

APN: 03-006-J-000-0038-0-0-0