NOT LISTED FOR SALE

324 Tom Wood Rd Lexington, NC 27295

Estimated Value: $248,000 - $318,000

3 Beds
3.5 Baths
2,000 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $170,000 $85 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,618/month

3 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Main Floor Primary Bedroom
  • No HOA
  • Porch

About This Home

As of July 2018

Charming farmhouse with a wrap around porch. Fenced side yard. Septic is permitted for 3 bedrooms but there are many options for additional bedrooms. Large eat in kitchen with nice size pantry. Main floor laundry. Master on the main with a large walk in closet and master bath. 2 car detached garage. Highest and Best offers due Monday June 18th by 5pm.

Last Agent to Sell the Property

Ashley Weitzel

Fresh Real Estate LLC License #289915 Listed on: 06/15/2018

Last Buyer's Agent

Erin Nelson

Keller Williams Realty Elite License #280070

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $596

Year Built

  • Built in 1924

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 159 x 199 x 156 x 101 x 100
  • Property is zoned RA3

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,863 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Schools

  • Tyro Middle School
  • West 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 1900500000026000

Home Details

Home Type

Single Family

Est. Annual Taxes

$596

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Lot Size: 159 x 199 x 156 x 101 x 100
  • Subdivision Name: None
  • Directions: Take 52 South Take exit 89 toward Lexington/Mocksville, turn right onto US-64 West, Turn right onto Yadkin College Rd, next left onto Tom Wood Rd
  • Above Grade Finished Sq Ft: 1863
  • Architectural Style: Farm House
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1924
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1863
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Security: Carbon Monoxide 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: Reeds
  • High School: West Davidson
  • Middle Or Junior School: Tyro

Lot Info

  • Parcel #: 1900500000026000
  • Zoning: RA3
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 596
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 26, 2018
Sold by
Grubbs David
Bought by
Nelson Kevin
Seller's Agent
Ashley Weitzel
Fresh Real Estate LLC
Buyer's Agent
Erin Nelson
Keller Williams Realty Elite
List Price
$164,900
Sold Price
$170,000
Premium/Discount to List
$5,100
3.09%
Current Estimated Value
$292,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,113
Avg. Annual Appreciation
7.74%
Original Mortgage
$173,655
Outstanding Balance
$151,142
Interest Rate
4.6%
Mortgage Type
VA
Estimated Equity
$140,971

Purchase Details

Closed on
Sep 11, 2008
Sold by
Citibank Na
Bought by
Grubbs David

Purchase Details

Closed on
Jul 15, 2008
Sold by
Gaddy Jamon W and Gaddy Lisa
Bought by
Citibank Na

Purchase Details

Closed on
Dec 29, 2005
Sold by
Kendall Susan Luanne
Bought by
Gaddy Jamon and Gaddy Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,610
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 1998

Purchase Details

Closed on
Jun 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
Nelson Kevin $170,000 None Available
Grubbs David $90,000 Chicago Title Insurance Co
Citibank Na $144,396 None Available
Gaddy Jamon $65,000 None Available
-- -- --
-- $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Kevin $173,655
Previous Owner Gaddy Jamon $122,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $170,000 +3.1% $106 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $164,900 -- $103 / 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 $1,062 $173,970 $0 $0
2024 $1,062 $173,970 $0 $0
2023 $1,028 $173,970 $0 $0
2022 $1,028 $173,970 $0 $0
2021 $1,028 $173,970 $0 $0
2020 $939 $158,960 $0 $0
2019 $954 $158,960 $0 $0
2018 $596 $102,800 $0 $0
2017 $596 $102,800 $0 $0
2016 $596 $102,800 $0 $0
2015 $596 $102,800 $0 $0
2014 $554 $95,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Ashley Weitzel

    Fresh Real Estate LLC

    (336) 240-5685

    8 Total Sales

    Ashley Weitzel
    Section Image
  • Erin Nelson

    Buyer's Agent in 2018

    Erin Nelson

    Keller Williams Realty Elite

    (336) 355-7031

    72 Total Sales

    Erin Nelson
    Section Image
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Map

Source: Triad MLS

MLS Number: 891408

Triad MLS

APN: 19-005-0-000-0026-0-0-0

North Carolina Davidson County Lexington 27295

324 Tom Wood Rd, Lexington, NC

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