NOT LISTED FOR SALE

291 Lake Dr Lexington, NC 27295

Estimated Value: $272,000 - $299,000

3 Beds
2 Baths
2,000 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $252,000 $126 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,656/month

4 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Outdoor Storage
  • No HOA
  • Attached Carport
  • Central Air

About This Home

As of March 2023

NOTE: Seller asks for all offers to be submitted in writing with pre-approval letter by 6PM Sunday Feb 19 please.

A rare find - Totally updated 3BR/2Bath Ranch in the Welcome community of Davidson County. Home has been completely remodeled 4 years ago with LVP flooring, updated kitchen, and New HVAC including ductwork. Metal roof. Easy access to Winston-Salem, Lexington and major hughways.

A well maintained home which means a move-in ready home!

Last Agent to Sell the Property

Michael Darrow

Local R.E. Inc. License #132901 Listed on: 02/16/2023

Local R.E. Inc.

Last Buyer's Agent

TJ Norris

Local R.E. Inc. License #304062

Local R.E. Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,161

Year Built

  • Built in 1957

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 145 x 183 x 145 x 191
  • Fenced
  • Cleared Lot
  • Property is zoned RA3

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,852 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Village Park Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 11312C00B0009000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,161

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Lot Size: 145 x 183 x 145 x 191
  • Subdivision Name: Village Park
  • Directions: From Lexington, Old US 52 North to Welcome, turn right on Salem Rd then bear left onto Lake Drive. House is on the left. From Winston-Salem, Old US 52 South to/thru Welcome, turn left onto Salem Rd then bear left onto Lake Drive. House is on the left.
  • Above Grade Finished Sq Ft: 1852
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1957
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1852
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • 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 #: 11312C00B0009000
  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 406451.6129
  • TRIADMLS_DeedPage: 2190
  • TRIADMLS_DeedBook: 2391
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1161
  • Tax Lot: 9
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 21, 2023
Sold by
Robinson Marvin R
Bought by
Avant Crystal
Seller's Agent
Michael Darrow
Local R.E. Inc.
Buyer's Agent
TJ Norris
Local R.E. Inc.
List Price
$245,000
Sold Price
$252,000
Premium/Discount to List
$7,000
2.86%
Views
39
Current Estimated Value
$286,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,680
Avg. Annual Appreciation
3.97%
Original Mortgage
$247,435
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 16, 2023
Closed on
Feb 27, 2023
Sold by
Calhoun Deborah R and Calhoun Mark L
Bought by
Robinson Marvin R and Hyers Pamela D
Seller's Agent
Michael Darrow
Local R.E. Inc.
Buyer's Agent
TJ Norris
Local R.E. Inc.
List Price
$245,000
Sold Price
$252,000
Premium/Discount to List
$7,000
2.86%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,435
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2020
Sold by
Robinson Marvin R and Robinson Sybil Juanita
Bought by
Robinson Marvin R and Robinson Sybil Juanita

Purchase Details

Closed on
Jan 15, 2020
Sold by
Lyco Properties Llc
Bought by
Robinson Marvin R and Robinson Sybil Juanita

Purchase Details

Closed on
Oct 22, 2019
Sold by
Rapier Jayson Lee
Bought by
Lyco Properties Llc

Purchase Details

Closed on
Apr 12, 2007
Sold by
Pollock George Lee and Pollock Mary Alexis
Bought by
Rapier Jayson Lee and Rapier Brandi Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,398
Interest Rate
6.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2005
Sold by
Ammons Jeremy Kendrick
Bought by
Pollock George Lee and Pollock Mary Alexis

Purchase Details

Closed on
Oct 17, 2003
Bought by
Ammons Jeremy Kendrick
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
Avant Crystal $252,000 --
Robinson Marvin R -- --
Robinson Marvin R -- None Available
Robinson Marvin R $55,000 None Available
Lyco Properties Llc $54,432 None Available
Rapier Jayson Lee $130,000 None Available
Pollock George Lee $73,500 Chicago Title Insurance Co
Ammons Jeremy Kendrick $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avant Crystal $246,099
Closed Avant Crystal $247,435
Previous Owner Rapier Jayson Lee $134,398
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $252,000 +2.9% $158 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $245,000 -- $153 / 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 $1,161 $181,270 $0 $0
2023 $1,161 $181,270 $0 $0
2022 $1,161 $181,270 $0 $0
2021 $1,027 $160,370 $0 $0
2020 $884 $138,100 $0 $0
2019 $889 $136,840 $0 $0
2018 $889 $136,840 $0 $0
2017 $889 $136,840 $0 $0
2016 $889 $136,840 $0 $0
2015 $889 $136,840 $0 $0
2014 $841 $131,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1096607

Triad MLS

APN: 11-312-C-00B-0009-0-0-0