NOT LISTED FOR SALE

345 Lexington Rd Asheboro, NC 27205

Estimated Value: $415,000 - $618,354

5 Beds
3.5 Baths
3,800 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $500,000 $132 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,464/month

23 Days on Market

Highlights

  • 3.66 Acre Lot
  • Living Room with Fireplace
  • Wood Flooring
  • Colonial Architecture
  • Partially Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of May 2022

Located atop one of the most desirable and historic streets in Asheboro, this classic Lexington Road estate sits on 3.6 acres. Convenient to Downtown Asheboro, as well as 73/74 and the entire Triad, this home offers more than location. A long, winding driveway leads to this stately 5 bedroom 3.5 bath brick colonial. Renovated primary suite on the main level with 4 additional bedrooms on the second floor. Large dining and formal living rooms, gorgeous wood paneled den and fireplace, beautiful central foyer all with 9 foot ceilings round out the main floor. Huge screened porch overlooks picturesque backyard and landscaping. Tons of storage in multiple closets on main floor and eve storage upstairs. Privacy abounds.

Last Agent to Sell the Property

Tyler Wilhoit

Tyler Redhead & McAlister Real Estate, LLC License #254506 Listed on: 03/17/2022

Co-Listed By

Michael Smith

Tyler Redhead & McAlister Real Estate, LLC License #311359

Last Buyer's Agent

Tyler Wilhoit

Tyler Redhead & McAlister Real Estate, LLC License #254506 Listed on: 03/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,246

Year Built

  • Built in 1959

Lot Details

  • 3.66 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned R15

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,564 Sq Ft Home
  • 3,200-3,800 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • North Asheboro Middle School
  • Asheboro High School

Utilities

  • Zoned Heating and Cooling System
  • Dual Heating Fuel
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Sunset Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7751242769
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,246

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3.66
  • Co List Office Mls Id: GTRM01
  • Co List Office Phone: 336-274-1717
  • Subdivision Name: Sunset Hills
  • Directions: From 73/74 exit onto Salisbury(Hwy 42)/Sunset St exit head West on Lexington Rd. Home will be on your left.
  • Above Grade Finished Sq Ft: 3564
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3200 - 3800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater, Tankless Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Dead Bolt(s), Pantry, Separate Shower
  • Has Basement: Cellar, Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Den, Living Room
  • Fireplaces: 2
  • Living Area: 3564
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Partially Wooded, Rolling Slope
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Paved, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level
  • Cooling: Central Air
  • Heating: Dual Fuel System, Fireplace(s), Heat Pump, Zoned, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Donna Lee Loflin
  • High School: Asheboro
  • Middle Or Junior School: North Asheboro

Lot Info

  • Parcel #: 7751242769
  • Zoning: R15
  • TRIADMLS_PlatPage: 218
  • TRIADMLS_PlatBook: 1
  • TRIADMLS_AcresRange: 3 - 4

Tax Info

  • Tax Annual Amount: 5246.27
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.4416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jun 27, 2022
Sold by
Ribbon Home Spv Ii Llc
Bought by
Barney Jesse Dean and Barney Amy Elizabeth
Seller's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
List Price
$519,900
Sold Price
$500,000
Premium/Discount to List
-$19,900
-3.83%
Current Estimated Value
$556,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,839
Avg. Annual Appreciation
3.11%
Original Mortgage
$405,600
Outstanding Balance
$385,311
Interest Rate
5.25%
Mortgage Type
VA
Estimated Equity
$171,528

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 23, 2022
Sold by
Fulton Redding John and Steddom Rebecca
Bought by
Ribbon Home Spv Ii Llc
Seller's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
List Price
$519,900
Sold Price
$500,000
Premium/Discount to List
-$19,900
-3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,600
Outstanding Balance
$385,311
Interest Rate
5.25%
Mortgage Type
VA
Estimated Equity
$171,528

Purchase Details

Closed on
Sep 5, 2003
Bought by
Redding John Fulton Ii Redding, Rebecca

Purchase Details

Closed on
Dec 28, 1998
Bought by
Redding John Fulton Ii Redding, Rebecca

Purchase Details

Closed on
May 31, 1995
Bought by
Redding John Fulton Ii Redding, Rebecca
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Barney Jesse Dean $500,000 None Listed On Document
Ribbon Home Spv Ii Llc $500,000 Moss Woods Pllc
Redding John Fulton Ii Redding, Rebecca $352,500 --
Redding John Fulton Ii Redding, Rebecca $315,000 --
Redding John Fulton Ii Redding, Rebecca $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barney Jesse Dean $405,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $500,000 -3.8% $156 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $519,900 -- $162 / 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 $6,384 $481,730 $84,260 $397,470
2024 $6,384 $481,730 $84,260 $397,470
2023 $6,384 $481,730 $84,260 $397,470
2022 $5,246 $363,920 $73,250 $290,670
2021 $5,246 $363,920 $73,250 $290,670
2020 $5,246 $363,920 $73,250 $290,670
2019 $3,966 $363,920 $73,250 $290,670
2018 $5,636 $384,060 $73,250 $310,810
2016 $5,636 $384,062 $73,250 $310,812
2015 $5,646 $384,062 $73,250 $310,812
2014 -- $384,062 $73,250 $310,812
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1061874

Triad MLS

APN: 7751-24-2769