NOT LISTED FOR SALE

265 Arnold Farms Ln Lexington, NC 27295

Estimated Value: $290,000 - $327,000

3 Beds
2.5 Baths
1,908 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 19, 2013

Last sale price $142,500 $75 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,689/month

89 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Porch
  • North Davidson Middle School Rated 9+
  • No HOA
  • Forced Air Zoned Heating and Cooling System

About This Home

As of March 2013

Enjoy relaxing on the rocking chair front porch overlooking cul-de-sac lot.Hardwoods & laminate floorings throughout(except baths & kichen). Spacious living room w/gas logs fireplace.Kitchen has plenty of counter & cabinet space,panty &breakfast area. Separate dining area with chair molding. Master bedroom & bath have vaulted ceilings, plant shelf, his/her sinks, separate shower and garden tub. Almost ½ acre lot, completely fenced with mature landscaping. See agent only remarks about additional lot.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1999

Lot Details

  • 0.41 Acre Lot
  • Fenced
  • Property is zoned RA3

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,908 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Outdoor Features

  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

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

Community Details

  • No Home Owners Association
  • Arnold Farms Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 11321F0000016000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Subdivision Name: Arnold Farms
  • Directions: Hwy 52 S, Exit on Hwy 8 (Lexington), Left on Old 52, Right on Arnold, Right on Arnold Farms Lane
  • Above Grade Finished Sq Ft: 1908
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1908
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Laminate, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry, Separate Shower
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1908
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Zoned, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 11321F0000016000
  • Zoning: RA3
  • TRIADMLS_PlatPage: 92
  • TRIADMLS_PlatBook: 29

Tax Info

  • Tax Annual Amount: 973
  • Tax Block: 000
  • Tax Lot: 16
  • Tax Map Number: 321
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2012
Closed on
Mar 8, 2013
Sold by
Achilles Carole
Bought by
Strickland Travis J and Strickland Christina E
List Price
$153,000
Sold Price
$142,500
Premium/Discount to List
-$10,500
-6.86%
Current Estimated Value
$303,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,103
Avg. Annual Appreciation
6.18%
Original Mortgage
$145,408
Outstanding Balance
$102,098
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$201,505

Purchase Details

Listed on
Oct 16, 2012
Closed on
Mar 1, 2013
Sold by
Achilles Carole
Bought by
Strickland Travis J and Strickland Christina E
List Price
$153,000
Sold Price
$142,500
Premium/Discount to List
-$10,500
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,408
Outstanding Balance
$102,098
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$201,505

Purchase Details

Closed on
Aug 20, 2008
Sold by
Willis G Wayne and Willis Alice E
Bought by
Parker Allan and Achilles Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,380
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2000
Sold by
Kepley Michael Scott
Bought by
Willis Willis G and Willis Alice E

Purchase Details

Closed on
Mar 1, 1999
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
Strickland Travis J $143,000 None Available
Strickland Travis J $143,000 None Available
Parker Allan $150,000 None Available
Willis Willis G $138,000 --
-- $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strickland Travis J $145,408
Closed Strickland Travis J $145,408
Previous Owner Parker Allan $138,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2013 03/19/13 Sold $142,500 -6.9% $75 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
10/16/2012 10/16/12 For Sale $153,000 -- $80 / 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 $1,099 $169,110 $0 $0
2024 $1,099 $169,110 $0 $0
2023 $1,099 $169,110 $0 $0
2022 $1,099 $169,110 $0 $0
2021 $1,066 $169,110 $0 $0
2020 $917 $145,440 $0 $0
2019 $1,986 $145,440 $0 $0
2018 $920 $143,730 $0 $0
2017 $920 $143,730 $0 $0
2016 $920 $143,730 $0 $0
2015 $920 $143,730 $0 $0
2014 $973 $152,060 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 655723

Triad MLS

APN: 11-321-F-000-0016-0-0-0

North Carolina Davidson County Lexington 27295

265 Arnold Farms Ln, Lexington, NC

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