NOT LISTED FOR SALE

286 Lake Dr Lexington, NC 27295

Estimated Value: $246,000 - $296,679

3 Beds
2 Baths
1,500 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $220,500 $147 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,523/month

36 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • North Davidson Middle School Rated 9+
  • Attic
  • Porch

About This Home

As of August 2022

Lovely estate home in a Welcome community neighborhood convenient to Hwy 52 and I-85. This one owner mid century brick ranch has been lovingly cared for & was the home for a lovely couple that raised their children and cherished their home. Now a new chapter awaits for this home to find another couple to love it and raise another family here. The main level features 3 bedrooms & 2 full baths. Per the daughters (heirs) beautiful hardwoods are under the carpet. I don't know if you have ever seen a carved granite fireplace surround but this home has one that is a beauty. The huge unfinished basement has a 1 car garage and even a mud room with a shower. The level yard makes a great playground for the kids and pets. Three storage buildings will give you all the storage you will ever need. One of the large storage buildings is set up as a workshop with electricity & a window A/C. If you are looking for a home that has been loved and cared for then definitely come see this home.

Last Agent to Sell the Property

Bob Robbins

Anderson Robbins & Associates Realty License #212205 Listed on: 06/24/2022

Co-Listed By

Nancy Anderson

Anderson Robbins & Associates Realty License #138459

Last Buyer's Agent

Maria Chrysson

JPAR Legacy Group License #328633

JPAR Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $954

Year Built

  • Built in 1955

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 168 x 100 x 147 x 99
  • Level Lot
  • Cleared Lot
  • Property is zoned RS

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,336 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dishwasher
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 038 / B
  • Assessor Parcel Number 11312C00B0038000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$954

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 168 x 100 x 147 x 99
  • Co List Office Mls Id: WANROBAEXP01
  • Co List Office Phone: 336-655-6595
  • Subdivision Name: None
  • Directions: Hwy 52 South to the Hwy 8 Exit. Right at the top of the ramp. Right onto Salem Rd, Immediate slight Left onto Lake Dr, Home will be on the Right
  • Above Grade Finished Sq Ft: 1336
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Accessibility Features: 2 or more Access Exits
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 2
  • Living Area: 1336
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Exclusions: The Lighthouse In The Yard Does Not Remain.
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric
  • Energy Features: 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 #: 11312C00B0038000
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 648529.4118
  • TRIADMLS_PlatPage: 41
  • TRIADMLS_DeedPage: 276
  • TRIADMLS_DeedBook: 271
  • TRIADMLS_PlatBook: 6
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 954
  • Tax Block: B
  • Tax Lot: 038
  • Tax Map Number: 11
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 16, 2022
Sold by
Darr Mitsch Precious Darelyn
Bought by
Bunch Edward Eugene and Bunch Michelle Lee
Seller's Agent
Bob Robbins
Anderson Robbins & Associates Realty
Buyer's Agent
Maria Chrysson
JPAR Legacy Group
List Price
$249,900
Sold Price
$220,500
Premium/Discount to List
-$29,400
-11.76%
Views
2
Current Estimated Value
$270,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,170
Avg. Annual Appreciation
5.48%
Original Mortgage
$213,885
Outstanding Balance
$206,114
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$53,202

Purchase Details

Closed on
Feb 22, 2017
Sold by
Hill Billy E and Hill Mary S
Bought by
Hill Chad H and Hill Constance D

Purchase Details

Closed on
Dec 30, 1954
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
Bunch Edward Eugene $225,000 Nance & Overbey Pllc
Hill Chad H -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunch Edward Eugene $213,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $220,500 -4.1% $184 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $229,900 -8.0% $192 / Sq Ft
06/24/2022 06/24/22 For Sale $249,900 -- $208 / 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 $709 $135,700 $0 $0
2023 $709 $110,700 $0 $0
2022 $729 $113,900 $0 $0
2021 $729 $113,900 $0 $0
2020 $571 $89,210 $0 $0
2019 $39 $89,210 $0 $0
2018 $580 $89,210 $0 $0
2017 $580 $89,210 $0 $0
2016 $580 $89,210 $0 $0
2015 $580 $89,210 $0 $0
2014 $590 $92,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1074395

Triad MLS

APN: 11-312-C-00B-0038-0-0-0