NOT LISTED FOR SALE

2961 Narrow Gauge Rd Reidsville, NC 27320

Estimated Value: $267,000 - $381,000

3 Beds
2.5 Baths
2,100 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $305,000 $145 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,934/month

3 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Central Air
  • No HOA

About This Home

As of November 2023

Introducing a Stunning New Construction Home on a Sprawling 1.02 +/- Acre Corner Lot! Experience the epitome of modern living with a vast, open-concept, light-filled living and kitchen area. The well-appointed kitchen features top-of-the-line stainless steel appliances, luxurious granite countertops, ample cabinet/counter space and a walk in pantry. LVP flooring graces the main floor while upstairs, plush carpeting creates a cozy and inviting atmosphere in the bedrooms. The primary suite is a retreat in itself, featuring dual granite countertop vanities, and a generously sized walk-in closet. Versatility is key, and this home offers a dedicated home office/flex space. Convenience is key with ample parking space, including a large double parking pad and an attached two-car garage, ensuring plenty of room for vehicles and storage. Make your appointment today!

Last Agent to Sell the Property

Matthew Millaway

eXp Realty License #306213 Listed on: 09/22/2023

Last Buyer's Agent

Maria Ticra

eXp Realty License #308165

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $121

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.02 Acre Lot
  • Property is zoned RP

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,940 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lawsonville Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 162472
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$121

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Subdivision Name: Lawsonville Acres
  • Directions: Use 2961 Narrow Gauge rd. in GPS. Follow I-840 and US-29 N to Narrow Gauge Rd in Rockingham County. Take the Narrow Gauge Rd exit from US-29 N.
  • Above Grade Finished Sq Ft: 1940
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1940
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 162472
  • Zoning: RP
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 120.81
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.7849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 1, 2023
Sold by
Bms Investment Properties Llc
Bought by
Hixon Morgan Taylor
Seller's Agent
Matthew Millaway
eXp Realty
Buyer's Agent
Maria Ticra
eXp Realty
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Views
24
Current Estimated Value
$336,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,400
Avg. Annual Appreciation
4.97%
Original Mortgage
$299,475
Outstanding Balance
$293,933
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
$42,467

Purchase Details

Closed on
Feb 4, 2023
Sold by
Calhoun Phillip Marvin
Bought by
Bms Investment Properties Llc
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
Hixon Morgan Taylor -- None Listed On Document
Bms Investment Properties Llc $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hixon Morgan Taylor $299,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $305,000 +1.7% $179 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $299,900 -- $176 / 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 $1,965 $306,661 $16,929 $289,732
2024 $1,965 $306,661 $16,929 $289,732
2023 $1,965 $15,390 $15,390 $0
2022 $121 $15,390 $15,390 $0
2021 $121 $15,390 $15,390 $0
2020 $121 $15,390 $15,390 $0
2019 $121 $15,390 $15,390 $0
2018 $114 $14,535 $14,535 $0
2017 $111 $14,535 $14,535 $0
2015 $112 $14,535 $14,535 $0
2014 $111 $14,535 $14,535 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1120173

Triad MLS

APN: 162472