NOT LISTED FOR SALE

3400 Old Mountain Rd Lexington, NC 27292

Estimated Value: $601,000 - $644,524

3 Beds
3 Baths
2,700 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $500,000 $185 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,592/month

12 Days on Market

Highlights

  • Secluded Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Partially Wooded Lot
  • Attic
  • Porch

About This Home

As of July 2023

Welcome to your dream retreat nestled on a serene 7-acre property, offering amazing views and unrivaled seclusion. This magnificent 3 bed, 3bath home is a haven of tranquility. As you approach the property, a private driveway leads you through lush greenery and tall trees, providing a sense of exclusivity and privacy. The house is perched on a gentle slope, strategically positioned to maximize the stunning panoramic views that surround it. High ceilings and large windows flood the interior with natural light. A stone fireplace becomes the focal point of the room, providing warmth and ambiance during cooler evenings. Adjacent to the living room is a dining area, perfect for hosting intimate gatherings or enjoying family meals while relishing the scenic surroundings. The en-suite bathroom features a soaking tub, a separate shower, and dual vanities, creating a spa-like experience within the comfort of your own home. All bedrooms have direct access to covered decks!

Last Agent to Sell the Property

Bonnie Owens

Mantle LLC License #291786 Listed on: 05/26/2023

Last Buyer's Agent

Amber Johnson

TKB Realty Group LLC License #295665

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 2019

Lot Details

  • 7.03 Acre Lot
  • Secluded Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,554 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Property Views
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1502000000007X
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,718

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 7.03
  • Lot Size: .
  • Subdivision Name: None
  • Directions: Take Hwy 8 South. Turn left on Hwy 47. Turn right on Old Mountain Rd. Gravel driveway is on the right past Lake Drive 9 at 3422. Follow gravel road to left 900 ft to end.
  • Above Grade Finished Sq Ft: 2554
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2019
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2554
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Partially Cleared, Partially Wooded, Secluded, Views
  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Fireplace(s), Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southwood
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 1502000000007X
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 71123.7553
  • TRIADMLS_PlatPage: 76
  • TRIADMLS_DeedPage: 806
  • TRIADMLS_DeedBook: 2439
  • TRIADMLS_PlatBook: 71
  • TRIADMLS_AcresRange: 6 - 7

Tax Info

  • Tax Annual Amount: 2718.05
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 13, 2023
Sold by
Meginnis William Peter and Meginnis Annika Colette
Bought by
Jackson Kenneth P and Jackson Terry
Seller's Agent
Bonnie Owens
Mantle LLC
Buyer's Agent
Amber Johnson
TKB Realty Group LLC
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
23
Current Estimated Value
$613,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,972
Avg. Annual Appreciation
8.88%
Original Mortgage
$470,000
Outstanding Balance
$458,989
Interest Rate
5.65%
Mortgage Type
New Conventional
Estimated Equity
$138,360

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 3, 2020
Sold by
Campbell Richard and Ledford Anthony
Bought by
Meginnis William Peter and Meginnis Annika Colette
Seller's Agent
anthony ledford
Campbell Ledford Executive Investment Properties LLC
Buyer's Agent
Mary Reese
Carolina Triad Choice Realty
Sold Price
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$324,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2018
Sold by
Campbell Richard and Ledford Anthony
Bought by
Campbell Richard and Ledford Anthony
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jackson Kenneth P $500,000 None Listed On Document
Meginnis William Peter $5,000 None Available
Campbell Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Kenneth P $470,000
Previous Owner Meginnis William Peter $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $500,000 -9.1% $227 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $550,000 +35.8% $250 / Sq Ft
11/04/2020 11/04/20 Sold $405,000 -- $176 / 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 $2,756 $430,490 $0 $0
2023 $2,602 $406,390 $0 $0
2022 $2,602 $406,390 $0 $0
2021 $2,602 $406,390 $0 $0
2020 $1,895 $295,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1107103

Triad MLS

APN: 15-020-0-000-0007-X-0-0