NOT LISTED FOR SALE

2542 Ridge Rd Lexington, NC 27295

Estimated Value: $368,658 - $568,000

3 Beds
2.5 Baths
2,700 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $325,000 $120 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,655/month

18 Days on Market

Highlights

  • 1.99 Acre Lot
  • Living Room with Fireplace
  • No HOA
  • North Davidson Middle School Rated 9+
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of August 2019

BEAUTIFUL HOME IN POPULAR DAVIDSON COUNTY. ALMOST 2 ACRES! UPGRADES GALORE! 3 BEDROOMS (Lower Level Could Be A Huge 4th Bedroom/Teen Suite) The Perfect Home For Entertaining Family & Friends. 3 Separate Living/Family Rooms. Incredible Covered Deck & Patio Area w/Jacuzzi, Fire Pit & Built In Grill. HUGE Man Cave/Recreation Room. Gorgeous Kitchen w/Custom Cabinets, Granite Countertops. Gleaming Hardwoods. 2 Gas Log Fireplaces. NO HOA & LOW COUNTY TAXES! Large Shed. Workshop/2 Car Garage.

Last Buyer's Agent

Susanne H. McIntire

Berkshire Hathaway HomeServices Yost & Little Realty License #222872

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $934

Year Built

  • Built in 1972

Lot Details

  • 1.99 Acre Lot
  • Property is zoned RA3

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,550 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Outdoor Gas Grill

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1131400000027000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$934

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.99
  • Lot Size: .
  • Subdivision Name: None
  • Directions: 52 South Exit 92 turn Lt- Rt on Thomas -Rt on Ridge
  • Above Grade Finished Sq Ft: 2550
  • Unit Levels: Multi/Split
  • Structure Type: House
  • Year Built: 1972
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Has Basement: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Den, Living Room
  • Fireplaces: 2
  • Living Area: 2550
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting, Gas Grill
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, See Remarks, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 1131400000027000
  • Zoning: RA3
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 934
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2019
Closed on
Jun 28, 2019
Sold by
Freeze Charles L and Freeze Deanna O
Bought by
Hunt Charles L and Hunt Kathleen M
Buyer's Agent
Susanne H. McIntire
Berkshire Hathaway HomeServices Yost & Little Realty
Sold Price
$325,000
Current Estimated Value
$477,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,665
Avg. Annual Appreciation
6.37%
Original Mortgage
$200,000
Outstanding Balance
$131,236
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$346,429

Purchase Details

Closed on
Dec 16, 2010
Sold by
Freeze Charles L and Freeze Deanna O
Bought by
Freeze Charles L and Freeze Deanna O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Freeze Charles L and Okelley Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2006
Sold by
Bowman Lewis Dwayne and Bowman Melissa Gail
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 1, 1999

Purchase Details

Closed on
Jan 1, 1974
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
Hunt Charles L $325,000 None Available
Freeze Charles L $500 First American Els
Freeze Charles L -- None Available
Federal Home Loan Mortgage Corporation $150,000 None Available
-- $130,000 --
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Charles L $200,000
Previous Owner Freeze Charles L $110,000
Previous Owner Freeze Charles L $96,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $325,000 -- --
08/05/2019 08/05/19 Sold $325,000 -- $148 / 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 $1,865 $282,640 $0 $0
2024 $1,865 $282,640 $0 $0
2023 $1,865 $282,640 $0 $0
2022 $1,865 $282,640 $0 $0
2021 $1,865 $282,640 $0 $0
2020 $1,508 $228,560 $0 $0
2019 $963 $143,660 $0 $0
2018 $934 $143,660 $0 $0
2017 $934 $143,660 $0 $0
2016 $934 $143,660 $0 $0
2015 $938 $143,660 $0 $0
2014 $1,031 $158,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 938466

Triad MLS

APN: 11-314-0-000-0027-0-0-0