NOT LISTED FOR SALE

3101 New Cut Rd Lexington, NC 27292

Estimated Value: $143,691

3 Beds
1 Bath
1,400 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $103,500 $74 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $819/month

5 Days on Market

Highlights

  • Barn
  • No HOA
  • Carpet

About This Home

As of August 2022

Older country home w/ 4.3 acres and 600 ft of road frontage. Would make an ideal small horse farm. Convenient to Thomasville, Lexington and Denton. There are new window heat pump units that provide heat and cooling. House has a new roof.

Last Agent to Sell the Property

Jim Boggs

Boggs Realty License #60605 Listed on: 07/01/2022

Last Buyer's Agent

Mitchell Mullis

Keller Williams Realty License #294902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 1961

Lot Details

  • 4.3 Acre Lot
  • Property is zoned RA1

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,257 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Farming

  • Barn

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0700800000039A
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$475

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4.3
  • Subdivision Name: None
  • Directions: From Thomasville S Hwy 109 toward Denton Turn onto Hwy 64 West toward Lexington go approx one mile take a left onto New Cut Rd Go approx 2 miles and house on corner of New Cut Rd and Fred Miller Rd
  • Above Grade Finished Sq Ft: 1257
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1257
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s)
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: None, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0700800000039A
  • Zoning: RA1
  • TRIADMLS_PricePerAcre: 24069.7674
  • TRIADMLS_DeedPage: 0418
  • TRIADMLS_DeedBook: 1964
  • TRIADMLS_AcresRange: 4 - 5

Tax Info

  • Tax Annual Amount: 475.15
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 5, 2022
Sold by
Mcclure Jesse S and Mcclure Sharon S
Bought by
Bailey Carolyn M and Miles Donald F
Seller's Agent
Jim Boggs
Boggs Realty
Buyer's Agent
Mitchell Mullis
Keller Williams Realty
List Price
$99,000
Sold Price
$103,500
Premium/Discount to List
$4,500
4.55%
Current Estimated Value
$143,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,191
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Mar 15, 2010
Sold by
Carriker Tony Ray and Carriker Brenda P
Bought by
Mcclure Jesse S and Mcclure Sharon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 1, 1993

Purchase Details

Closed on
Oct 1, 1990
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bailey Carolyn M $100,000 Mcguire Mark L
Bailey Carolyn M $100,000 Mcguire Mark L
Mcclure Jesse S $30,000 None Available
-- $8,000 --
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclure Jesse S $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $103,500 +4.5% $94 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $99,000 -- $90 / 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 $681 $103,200 $0 $0
2024 $661 $103,200 $0 $0
2023 $661 $103,200 $0 $0
2022 $468 $73,100 $0 $0
2021 $468 $73,100 $0 $0
2020 $426 $66,560 $0 $0
2019 $433 $66,560 $0 $0
2018 $433 $66,560 $0 $0
2017 $433 $66,560 $0 $0
2016 $433 $66,560 $0 $0
2015 $433 $66,560 $0 $0
2014 $426 $65,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jim Boggs

    Boggs Realty

    (336) 859-4994

    38 Total Sales

    Jim Boggs
    Section Image
  • Mitchell Mullis

    Buyer's Agent in 2022

    Mitchell Mullis

    Keller Williams Realty

    (336) 991-2654

    851 Total Sales

    Mitchell Mullis
    Section Image
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Map

Source: Triad MLS

MLS Number: 1075623

Triad MLS

APN: 07-008-0-000-0039-A-0-0

North Carolina Davidson County Lexington 27292

3101 New Cut Rd, Lexington, NC

This home is located at 3101 New Cut Rd, Lexington, NC 27292 since 01 July 2022 and is currently priced at $143,691, approximately $102 per square foot. This property was built in 1961. 3101 New Cut Rd is a home located in Davidson County with nearby schools including Silver Valley Elementary School and South Davidson Middle and High School.

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