NOT LISTED FOR SALE

311 Trencreek Farm Rd Lexington, NC 27295

Estimated Value: $484,000 - $603,480

3 Beds
2.5 Baths
3,000 Sq Ft
$187/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $555,000 $185 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,138/month

2 Days on Market

Highlights

  • Barn
  • Partially Wooded Lot
  • Attic
  • North Davidson Middle School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of November 2022

**UPDATE: BEST OFFERS DUE BY 8PM on 10/16**Cupid hit us with an arrow because we are in LOVE with this log home in northern Davidson County. Sitting on 13+/- acres with walking trails, fire pit, old tobacco barn, & your very own bass pond, this custom build is both beautiful & functional. The wrap around covered porch lets you enjoy your private, rural view – even in a country rain shower. Pine hardwood flooring throughout all main & upper level. Main level features 2 bedrooms, full bath, dining, living room with tall ceilings and wood burning fireplace, and kitchen with wood stove for added rustic charm, stainless steel appliances, granite countertops, gas range on the island, & stone backsplash. Upstairs find a spacious loft area, storage closets, and primary suite with walk in closet, dual vanities, and shower. Finished basement offers two additional rooms and half bath for all of your flex space and home office needs. Safe, fridge, W&D to all convey.

Last Agent to Sell the Property

Ashley Lay

Keller Williams Realty Elite License #241871 Listed on: 10/13/2022

Keller Williams Realty Elite

Last Buyer's Agent

Amber Boyles

Village Properties Triad brokered by EXP Realty License #217109

Village Properties Triad brokered by EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,032

Year Built

  • Built in 1998

Lot Details

  • 13 Acre Lot
  • Rural Setting
  • Fenced
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA3

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Log Cabin
  • Wood Siding

Interior Spaces

  • 2,835 Sq Ft Home
  • 2,500-3,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic
  • Finished Basement

Kitchen

  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Farming

  • Barn

Utilities

  • Geothermal Heating and Cooling
  • Well
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1400600000041A00
  • Tax Block .6317
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,032

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 13
  • Subdivision Name: None
  • Directions: Hwy 150 to Welcome Arcadia Rd. Right on Ruff Leonard. Right on Reedy Creek. Right in Trencreek. Left at stone sign for 311 Trencreek.
  • Above Grade Finished Sq Ft: 2835
  • Architectural Style: Log
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600 - 800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2500 - 3000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Electric Water Heater, Tankless Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Separate Shower, Vaulted Ceiling(s)
  • Has Basement: Finished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2835
  • Main Level Bathrooms: 1
  • TRIADMLS_HalfBathsLower: 1
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Partially Cleared, Partially Wooded, Rural
  • Pool Features: None
  • Exclusions: Mounted Coffee Grinder; Motion Detectors; Cameras; Tv Mounts
  • Construction Type: Wood Siding
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Remarks
  • Heating: Geothermal, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric, Tankless

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Northwest
  • High School: North Davidson
  • Middle Or Junior School: North Davidson

Lot Info

  • Parcel #: 1400600000041A00
  • Zoning: RA3
  • TRIADMLS_AcresRange: 12 - 14

Tax Info

  • Tax Annual Amount: 2032
  • Tax Block: .6317
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.6317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 21, 2022
Sold by
Muensterman Derek and Muensterman Carol
Bought by
Lanning Katherine D and Lanning Lucas F
Seller's Agent
Ashley Lay
Keller Williams Realty Elite
Buyer's Agent
Amber Boyles
Village Properties Triad brokered by EXP Realty
List Price
$522,000
Sold Price
$555,000
Premium/Discount to List
$33,000
6.32%
Views
13
Current Estimated Value
$559,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,870
Avg. Annual Appreciation
0.30%
Original Mortgage
$444,000
Outstanding Balance
$430,207
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$129,663

Purchase Details

Closed on
Feb 8, 2018
Sold by
Biesecker Holdings Llc
Bought by
Muensterman Derek and Muensterman Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.32%

Purchase Details

Closed on
May 12, 2014
Sold by
Collins William S and Collins Carol M
Bought by
Muensterman Derek and Muensterman Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,900
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1992
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
Lanning Katherine D $555,000 --
Lanning Katherine D $555,000 None Listed On Document
Muensterman Derek -- --
Muensterman Derek $270,000 None Available
-- $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanning Katherine D $444,000
Closed Lanning Katherine D $444,000
Previous Owner Muensterman Derek $35,000
Previous Owner Muensterman Derek --
Previous Owner Muensterman Derek $214,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $555,000 +6.3% $222 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $522,000 -- $209 / 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 $2,483 $393,840 $0 $0
2024 $2,483 $393,840 $0 $0
2023 $2,294 $363,840 $0 $0
2022 $2,063 $321,690 $0 $0
2021 $1,911 $302,490 $0 $0
2020 $1,708 $270,280 $0 $0
2019 $1,681 $270,280 $0 $0
2018 $1,681 $270,280 $0 $0
2017 $1,681 $270,280 $0 $0
2016 $1,682 $270,280 $0 $0
2015 $1,676 $270,280 $0 $0
2014 $1,666 $268,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1086481

Triad MLS

APN: 14-006-0-000-0041-A-0-0