$325,000
SOLD JUN 20, 2025

320 Salem Rd Lexington, NC 27295

3 Beds
2 Baths
1,429 Sq Ft
3.19 Acres

Recently Sold

$227 Per Sq Ft

1 Day on Market

Highlights

  • 3.19 Acre Lot
  • Attic
  • Porch
  • North Davidson Middle School Rated 9+
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2025

Like-New 2023 3-Bedroom Home nestled in the Welcome community of Davidson County, just minutes from downtown Winston-Salem, this lovely 3-bedroom, 2-bath home offers the perfect blend of comfort, style, and convenience. Built in November 2023, this ranch home is totally move-in ready! Located in the North Davidson School District, this home provides excellent educational opportunities while benefiting from low Davidson County taxes. Enjoy easy access to shopping, dining, and major highways—all while savoring the peace and space of OVER 3 ACRES of country living with no HOA. Don’t miss out on this incredible opportunity—schedule your private showing today!

Last Agent to Sell the Property

Michael Darrow

Local R.E. Inc. License #132901 Listed on: 05/08/2025

Local R.E. Inc.

Last Buyer's Agent

Joshua Mann

RE/MAX Realty Consultants License #251671

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 2023

Lot Details

  • 3.19 Acre Lot
  • Cleared Lot
  • Property is zoned RA3

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,429 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Vinyl Flooring
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1131200000066
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,339

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3.19
  • Subdivision Name: None
  • Directions: From Lexington - Hwy 8 North to Salem Road, home is on the right. From Winston Salem, Welcome/Hwy 8 exit, right on Hwy 8 north to Salem Road.
  • Above Grade Finished Sq Ft: 1429
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_LandDescription: Cleared Land
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Free-Standing Range, Electric Water Heater
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1429
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • 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 #: 1131200000066
  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 101880.8777
  • TRIADMLS_DeedPage: 1338
  • TRIADMLS_DeedBook: 02644

Tax Info

  • Tax Annual Amount: 1339
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jun 13, 2025
Sold by
Robinson Marvin R
Bought by
Lowe Andrew S
Seller's Agent
Michael Darrow
Local R.E. Inc.
Buyer's Agent
Joshua Mann
RE/MAX Realty Consultants
List Price
$325,000
Sold Price
$325,000
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.96%
Original Mortgage
$280,000
Outstanding Balance
$279,274
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$40,971

Purchase Details

Closed on
Apr 11, 2024
Sold by
Lyco Properties Llc
Bought by
Robinson Marvin R

Purchase Details

Closed on
Jan 13, 2023
Bought by
Lyco Properties Llc

Purchase Details

Closed on
Jan 4, 2023
Sold by
Watts Alan Neill
Bought by
Lyco Properties Llc

Purchase Details

Closed on
Jan 22, 2003
Bought by
Davila Glory D
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 Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
Warranty Deed $325,000 None Listed On Document
Deed $250,000 None Listed On Document
Deed $250,000 None Listed On Document
Deed -- --
Warranty Deed $38,000 --
Warranty Deed $38,000 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $280,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $325,000 0.0% $227 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $325,000 -- $227 / 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 -- $206,050 $0 $0
2024 $1,319 $206,050 $0 $0
2023 $240 $36,980 $0 $0
2022 $237 $36,980 $0 $0
2021 $237 $36,980 $0 $0
2020 $237 $36,980 $0 $0
2019 $240 $36,980 $0 $0
2018 $240 $36,980 $0 $0
2017 $240 $36,980 $0 $0
2016 $240 $36,980 $0 $0
2015 $240 $36,980 $0 $0
2014 -- $33,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Michael Darrow

    Local R.E. Inc.

    (336) 225-0868

    4 in this area

    13 Total Sales

    Michael Darrow
    Section Image
  • Joshua Mann

    Buyer's Agent in 2025

    Joshua Mann

    RE/MAX

    1 in this area

    47 Total Sales

    Joshua Mann
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1179544

Triad MLS

APN: 11-312-0-000-0066-0-0-0

North Carolina Davidson County Lexington 27295

320 Salem Rd, Lexington, NC

This home is located at 320 Salem Rd, Lexington, NC 27295 and is currently priced at $325,000, approximately $227 per square foot. This property was built in 2023. 320 Salem Rd is a home located in Davidson County with nearby schools including Welcome Elementary School, North Davidson Middle School, and North Davidson High School.

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 2025 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.

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