NOT LISTED FOR SALE

311 Welcome Arcadia Rd Lexington, NC 27295

Estimated Value: $256,000 - $285,000

3 Beds
2 Baths
1,800 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $255,000 $142 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,543/month

4 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • No HOA
  • North Davidson Middle School Rated 9+
  • Solid Surface Countertops
  • Porch

About This Home

As of July 2023

This property offers the perfect balance between historic charm and contemporary living with all of it's wonderful updates! Newly renovated, this home has a gorgeous chefs kitchen, all new bathrooms, a brand new roof and more! It is situated on half an acre with beautiful oak trees and ample space for outdoor entertaining. Enjoy the luxury of an attached garage as well as the extra space that the sunroom provides! Conveniently located close to shops, restaurants and quick access to HWY 52.

Last Agent to Sell the Property

Blake Young

Leonard Ryden Burr Real Estate License #302050 Listed on: 05/16/2023

Last Buyer's Agent

Mandy Robertson

Robertson Realty License #300076

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $771

Year Built

  • Built in 1955

Lot Details

  • 0.51 Acre Lot
  • Level Lot
  • Property is zoned RS

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,657 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1130800000047
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$771

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Subdivision Name: None
  • Directions: OLD US HWY 52 TO WELCOME ARCADIA RD. PROPERTY IS ON THE LEFT.
  • Above Grade Finished Sq Ft: 1657
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Cooktop, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Solid Surface Counter
  • Other Equipment: Sump Pump
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1657
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Garage Faces Front
  • Garage Description: Front Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1130800000047
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 500000
  • TRIADMLS_DeedPage: 816
  • TRIADMLS_DeedBook: 2567
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 771
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jul 3, 2023
Sold by
Blue Equity Investments Llc
Bought by
Myers Brett A and Kepley Mckenzie K
Seller's Agent
Blake Young
Leonard Ryden Burr Real Estate
Buyer's Agent
Mandy Robertson
Robertson Realty
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Views
35
Current Estimated Value
$268,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,372
Avg. Annual Appreciation
1.29%
Original Mortgage
$242,250
Outstanding Balance
$237,293
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$24,967

Purchase Details

Closed on
Aug 24, 2022
Sold by
Jones Nathan A and Jones Monica J
Bought by
Blue Equity Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2007
Sold by
Blevins Brenda Lusk
Bought by
Jones Nathan A and Jones Wesley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,950
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Bartlett David A
Bought by
Blevins Brenda Lusk

Purchase Details

Closed on
May 25, 2001
Sold by
Bartlett David A and Bartlett Jennifer K
Bought by
Bartlett David A

Purchase Details

Closed on
Apr 24, 2001
Sold by
Thomas Earl
Bought by
Bartlett David A and Bartlett Jennifer K

Purchase Details

Closed on
Aug 1, 1997
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
Myers Brett A $255,000 None Listed On Document
Blue Equity Investments Llc $95,000 --
Jones Nathan A $105,500 None Available
Blevins Brenda Lusk $98,000 --
Bartlett David A -- --
Bartlett David A -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Brett A $242,250
Previous Owner Blue Equity Investments Llc $150,000
Previous Owner Jones Nathan A $88,600
Previous Owner Jones Nathan A $94,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $255,000 +2.0% $182 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $250,000 -- $179 / 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 $1,100 $171,860 $0 $0
2023 $759 $118,560 $0 $0
2022 $759 $118,560 $0 $0
2021 $759 $118,560 $0 $0
2020 $714 $111,590 $0 $0
2019 $725 $111,590 $0 $0
2018 $725 $111,590 $0 $0
2017 $725 $111,590 $0 $0
2016 $725 $111,590 $0 $0
2015 $725 $111,590 $0 $0
2014 $702 $109,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1105817

Triad MLS

APN: 11-308-0-000-0047-0-0-0