NOT LISTED FOR SALE

251 Welcome Arcadia Rd Lexington, NC 27295

Estimated Value: $308,000 - $426,000

4 Beds
3 Baths
2,000 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $176,100 $88 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,000/month

22 Days on Market

Highlights

  • Living Room with Fireplace
  • Attic
  • Porch
  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2019

Unique property in heart of Welcome. This home was a bed and breakfast. Cozy 3 bedrooms and 3 baths with 4th bedroom that can be used as office space. Beautiful open floor plan and lots of character to this lovely home. Tax department does not reflect all of this property. There are two lots that have not been combined since the attach garage was added on.

Last Agent to Sell the Property

Pat Robertson

Robertson Realty License #188123 Listed on: 12/18/2018

Last Buyer's Agent

Rhonda Gordon

Langdon Realty License #291916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 160 x 145.33 x 160
  • Cleared Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,867 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Attic
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11308D00D0009B00
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,014

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 160 x 145.33 x 160
  • Subdivision Name: None
  • Directions: Take Old US 52 toward Welcome and turn right on Welcome Arcadia Road and home will be on your left.
  • Above Grade Finished Sq Ft: 1867
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Soaking Tub
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Den, Living Room
  • Fireplaces: 2
  • Living Area: 1867
  • Main Level Bathrooms: 3
  • Attic Description: Floored Attic
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding, Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 11308D00D0009B00
  • Zoning: RS
  • TRIADMLS_DeedPage: 1879
  • TRIADMLS_DeedBook: 1892
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1014.13
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
Jan 31, 2019
Sold by
Fleming Delores Lancaster and Hodge Michael A
Bought by
Mcphaul Michael Brown and Mcphaul Ruth Rurner
Seller's Agent
Pat Robertson
Robertson Realty
Buyer's Agent
Rhonda Gordon
Langdon Realty
List Price
$184,900
Sold Price
$176,100
Premium/Discount to List
-$8,800
-4.76%
Current Estimated Value
$347,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,699
Avg. Annual Appreciation
10.40%
Original Mortgage
$126,900
Outstanding Balance
$112,241
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$221,694

Purchase Details

Closed on
Sep 24, 2008
Sold by
Williams Lindsay Ray
Bought by
Fleming Delores Lancaster

Purchase Details

Closed on
Aug 2, 2005
Sold by
Williams Delores L and Fleming Delores L
Bought by
Williams Lindsay R and Williams Delores L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1989
Source: Public Records

Range of Values:

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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
Mcphaul Michael Brown $176,500 None Available
Fleming Delores Lancaster -- None Available
Williams Lindsay R -- None Available
-- $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcphaul Michael B $55,000
Open Mcphaul Michael Brown $126,900
Previous Owner Williams Lindsay R $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $176,100 -4.8% $110 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $184,900 -- $116 / 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 $1,134 $177,140 $0 $0
2023 $1,134 $177,140 $0 $0
2022 $1,134 $177,140 $0 $0
2021 $1,134 $177,140 $0 $0
2020 $963 $150,340 $0 $0
2019 $970 $149,200 $0 $0
2018 $163 $25,000 $0 $0
2017 $163 $25,000 $0 $0
2016 $163 $25,000 $0 $0
2015 $163 $25,000 $0 $0
2014 $160 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pat Robertson

    Seller's Agent in 2019

    Pat Robertson

    Robertson Realty

    (336) 908-0532

    4 in this area

    176 Total Sales

    Section Image

  • R

    Buyer's Agent in 2019

    Rhonda Gordon

    Langdon Realty

    (336) 416-8567

    16 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 912546

Triad MLS

APN: 11-308-D-00D-0008-B-0-0

North Carolina Davidson County Lexington 27295

251 Welcome Arcadia Rd, Lexington, NC

This home is located at 251 Welcome Arcadia Rd, Lexington, NC 27295 since 18 December 2018 and is currently estimated at $347,799, approximately $173 per square foot. This property was built in 1940. 251 Welcome Arcadia Rd is a home located in Davidson County with nearby schools including Welcome Elementary School, North Davidson Middle School, and North Davidson High School.

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