NOT LISTED FOR SALE

261 NW Elementary Rd Lexington, NC 27295

Estimated Value: $245,000 - $279,000

3 Beds
2 Baths
1,415 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $117,350 $83 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,428/month

13 Days on Market

Highlights

  • Attic
  • No HOA
  • Tile Flooring
  • North Davidson Middle School Rated 9+
  • Porch
  • Attached Carport

About This Home

As of July 2012

SWEET,SWEET,PRISTINE! Lovingly cared for brick home w/nice private lot. Loc desirable Welcome/Arcadia area w/low Davidson Co. taxes. Convenient to WS, Clemmons, Lex, HP. Dual pane replacement windows. Recent heat pump, irrigation system, wired exterior storage bldng. Large back deck for summer entertaining. Spacious dining room! Sunny galley kit, walk-in master closet. Fresh neutral paint. Attached carport... stay dry unloading groceries or baby. PRICED RIGHT & ELIGIBLE FOR 100% USDA FINANCING!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $728

Year Built

  • Built in 1977

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Garden

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,415 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Welcome Arcadia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03018C0000050000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$728

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Co List Office Mls Id: WPRU03
  • Co List Office Phone: 336-996-4256
  • Subdivision Name: Welcome Arcadia
  • Directions: From WS South on 150, Left on Welcome Arcadia Rd, Left on Northwest Elementary Rd, Home on the left
  • Above Grade Finished Sq Ft: 1415
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1977
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1415
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Estimated
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Living Area: 1415
  • Main Level Bathrooms: 2
  • Attic Description: Access Only, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Level
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 03018C0000050000
  • Zoning: R

Tax Info

  • Tax Annual Amount: 727.82
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.6199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2012
Closed on
Jul 26, 2012
Sold by
Waddell Rebecca A
Bought by
Pierce Michael and Pierce Sharon
List Price
$119,900
Sold Price
$117,350
Premium/Discount to List
-$2,550
-2.13%
Current Estimated Value
$261,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,105
Avg. Annual Appreciation
6.11%
Original Mortgage
$117,350
Outstanding Balance
$81,485
Interest Rate
3.72%
Mortgage Type
VA
Estimated Equity
$179,970

Purchase Details

Closed on
Mar 1, 1986

Purchase Details

Closed on
Feb 1, 1978
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Pierce Michael $117,500 None Available
-- $52,000 --
-- $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Michael $117,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $117,350 -2.1% $83 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $119,900 -- $85 / 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 $843 $133,660 $0 $0
2024 $843 $133,660 $0 $0
2023 $843 $133,660 $0 $0
2022 $843 $133,660 $0 $0
2021 $843 $133,660 $0 $0
2020 $771 $122,350 $0 $0
2019 $759 $122,350 $0 $0
2018 $759 $122,350 $0 $0
2017 $759 $122,350 $0 $0
2016 $759 $122,350 $0 $0
2015 $759 $122,350 $0 $0
2014 $728 $117,390 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 643911

Triad MLS

APN: 03-018-C-000-0050-0-0-0

North Carolina Davidson County Lexington 27295

261 NW Elementary Rd, Lexington, NC

Not Listed for Sale

Detached

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