NOT LISTED FOR SALE

266 Terrace Dr Lexington, NC 27295

Estimated Value: $252,000 - $356,000

3 Beds
2.5 Baths
1,771 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $161,000 $91 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,714/month

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • Ceiling Fan
  • No HOA
  • 2 Car Attached Garage
  • Carpet

About This Home

As of May 2013

Stunning home in Northern Davidson Co! This 3 bd/2 1/2 ba home is move in ready! Well maintained with many extras including an open kitchen, livingroom - gas-log fireplace. Master bath dual sinks/separate shower/tub/walk-in closet! Lower level office and den which is perfect for playroom. 2 car garage with workshop area and lots of storage including enclosed area beneath the deck - great for yard equipment! Convenient location -Priced below Tax Value

Last Agent to Sell the Property

Tony Hendrix

Robertson Realty License #154609 Listed on: 04/25/2013

Co-Listed By

Deborah Mickles

Robertson Realty License #228589

Last Buyer's Agent

Jimmy Barrett

RE/MAX Preferred Properties License #195029

RE/MAX Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 2005

Lot Details

  • 0.41 Acre Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,771 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cardinal Terrace Subdivision

Listing and Financial Details

  • Tax Lot 0016
  • Assessor Parcel Number 03006C0000016000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,047

Year Built

Built in 2005

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Co List Office Mls Id: WROB01
  • Co List Office Phone: 336-764-0664
  • Subdivision Name: Cardinal Terrace
  • Directions: S. Hwy 150 (Peters Creek Pkwy), L on Mr. Olivet Church Rd (at Stephens Restaurant)R on Terrace Dr. Home on Right.
  • Above Grade Finished Sq Ft: 1771
  • Unit Levels: Multi/Split
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 0
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1771
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Finished, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1771
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Construction Type: Brick, Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 03006C0000016000
  • Zoning: RS

Tax Info

  • Tax Annual Amount: 1046.87
  • Tax Block: 000
  • Tax Lot: 0016
  • Tax Map Number: 006
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2013
Closed on
May 31, 2013
Sold by
Fournier Paul
Bought by
Barrett Nicholas J and Barrett Suzanne M
Seller's Agent
Tony Hendrix
Robertson Realty
Buyer's Agent
Jimmy Barrett
RE/MAX Preferred Properties
List Price
$164,900
Sold Price
$161,000
Premium/Discount to List
-$3,900
-2.37%
Current Estimated Value
$311,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,699
Avg. Annual Appreciation
5.29%
Original Mortgage
$156,170
Outstanding Balance
$110,743
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$200,956

Purchase Details

Closed on
Feb 21, 2006
Sold by
Ranger Jeanne
Bought by
Fournier Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,520
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2006
Sold by
E J Hanes Construction Inc
Bought by
Fournier Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,520
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2005
Sold by
Klingler Peggy Jo
Bought by
E J Hanes Construction Inc

Purchase Details

Closed on
Feb 21, 2005
Sold by
Fournier Paul
Bought by
Fournier Paul and Ranger Jeanne

Purchase Details

Closed on
Jul 1, 1989
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Barrett Nicholas J $161,000 None Available
Fournier Paul -- None Available
Fournier Paul $164,000 None Available
E J Hanes Construction Inc $27,000 None Available
Fournier Paul -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Nicholas J $156,170
Previous Owner Fournier Paul $129,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $161,000 -2.4% $91 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $164,900 -- $93 / Sq Ft
Source: Triad MLS

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 $1,109 $175,910 $0 $0
2024 $1,109 $175,910 $0 $0
2023 $1,109 $175,910 $0 $0
2022 $1,109 $175,910 $0 $0
2021 $1,109 $175,910 $0 $0
2020 $993 $157,520 $0 $0
2019 $977 $157,520 $0 $0
2018 $977 $157,520 $0 $0
2017 $977 $157,520 $0 $0
2016 $977 $157,520 $0 $0
2015 $977 $157,520 $0 $0
2014 $1,047 $168,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 671658

Triad MLS

APN: 03-006-C-000-0016-0-0-0

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