NOT LISTED FOR SALE

340 Payne Rd Lexington, NC 27295

Estimated Value: $292,000 - $344,000

3 Beds
1 Bath
1,730 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 03, 2025

Last sale price $298,000 $172 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,731/month

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • 1 Car Attached Garage
  • North Davidson Middle School Rated 9+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

Updated and well maintained 3 Bed/1 Bath brick ranch sitting on just over 1-acre. One level living with functional floor plan. Located in the heart of Northern Davidson County within the Northwest Elementary and North Davidson High/Middle school district. Excellent location with easy access to HWY-52 and HWY-150. Plenty of shopping and dining options only minutes away. Low Davidson County Taxes! Spacious level yard in rural country setting. Updated kitchen with granite countertops, refaced cabinets, and new appliances. Large dining room for family and friends to gather. Additional updates have been done over the last several years that include water heater, AC unit, interior/exterior doors and new septic tank with tail lines. Original hardwoods have been refinished throughout the home to show their true beauty. Brand new roof in 2024. The full unfinished basement offers plenty of additional storage/flex space. Don't miss this one! Showings start November 21st

Last Agent to Sell the Property

Trey Swicegood

United Country Carolina Properties License #326242 Listed on: 11/21/2024

Last Buyer's Agent

Caroline James

Southern Key Realty License #309198

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1957

Lot Details

  • 1.11 Acre Lot
  • Level Lot
  • Property is zoned RA3

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,730 Sq Ft Home
  • Property has 1 Level
  • Central Vacuum
  • Unfinished Basement
  • Laundry in Basement
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0301300000050
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,167

Year Built

Built in 1957

Lot Details

1.11 Acres

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.11
  • Subdivision Name: None
  • Directions: From old US Hwy 52. Right onto Enterprise Rd., Right onto Payne Rd., property on right.
  • Above Grade Finished Sq Ft: 1730
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1957
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_LandDescription: Flat, Level
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Solid Surface Counter, Central Vacuum
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1730
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Exclusions: Wood Stove In Basement curtains In Purple Painted Bedroom wood Floating Shelves In Kitchen radio Under Kitchen Cabinets dog Kennel
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Heating: Dual Fuel System, Forced Air, Electric, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0301300000050
  • Zoning: RA3

Tax Info

  • Tax Annual Amount: 1166.87
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Dec 13, 2024
Sold by
Nifong Amy Elizabeth and Nifong Samuel A
Bought by
Bray Ann C
Seller's Agent
Trey Swicegood
United Country Carolina Properties
Buyer's Agent
Caroline James
Southern Key Realty
List Price
$298,000
Sold Price
$298,000
Views
14
Current Estimated Value
$314,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,273
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Mar 1, 2004
Sold by
Downs Willis B
Bought by
Nifong Samuel A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bray Ann C $298,000 Barristers Title
Nifong Samuel A $129,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Sold $298,000 0.0% $172 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/21/2024 11/21/24 For Sale $298,000 -- $172 / Sq Ft
Source: Triad MLS

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 $1,149 $174,160 $0 $0
2024 $1,149 $174,160 $0 $0
2023 $1,149 $174,160 $0 $0
2022 $1,111 $174,160 $0 $0
2021 $1,111 $174,160 $0 $0
2020 $905 $141,920 $0 $0
2019 $919 $141,920 $0 $0
2018 $919 $141,920 $0 $0
2017 $919 $141,920 $0 $0
2016 $919 $141,920 $0 $0
2015 $919 $141,920 $0 $0
2014 $916 $143,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1163105

Triad MLS

APN: 03-013-0-000-0050-0-0-0

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