NOT LISTED FOR SALE

291 Lake Dr Lexington, NC 27295

Welcome Area

Estimated Value: $273,000 - $350,000

3 Beds
2 Baths
2,000 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2023

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

Est. 22% increase in value since last sale

Current estimated payment $1,772 / mo

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Attached Carport
  • North Davidson Middle School Rated 9+
  • Porch
  • Outdoor Storage

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

  • 27,007 Sq Ft 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
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

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

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

0.62 Acres

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_AcresRange: 1 - 1

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 21, 2023
Sold by
Bought by
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
$308,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,283
Avg. Annual Appreciation
6.28%
Original Mortgage
$247,435
Interest Rate
0.065%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 16, 2023
Closed on
Feb 27, 2023
Sold by
Bought by
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
0.065%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2020
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 2020
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 2007
Sold by
Bought by

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
0.0615%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 2003
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$252,000 None Listed On Document
-- --
-- None Available
$55,000 None Available
$54,432 None Available
$130,000 None Available
$73,500 Chicago Title Insurance Co
$95,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,161 $206,270 $0 $0
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

  • M

    Seller's Agent in 2023

    Michael Darrow

    Local R.E. Inc.

    (336) 225-0868

    16 Total Sales

    Michael Darrow
    Section Image
  • TJ Norris

    Buyer's Agent in 2023

    TJ Norris

    Local R.E. Inc.

    (336) 479-8906

    135 Total Sales

    TJ Norris
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1096607

Triad MLS

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

North Carolina Davidson County Lexington 27295

291 Lake Dr, Lexington, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data cannot be redistributed and cannot be used for any reason other than provided in the contract.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.