NOT LISTED FOR SALE

363 NW Elementary Rd Lexington, NC 27295

Estimated Value: $324,000 - $342,000

3 Beds
2.5 Baths
1,800 Sq Ft
$184/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $185,000 $103 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,836/month

54 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Porch
  • North Davidson Middle School Rated 9+
  • No HOA
  • Outdoor Storage

About This Home

As of December 2018

MOTIVATED SELLERS! NO MONEY DOWN! USDA-100% FINANCING! LOW TAXES. No HOA. New Heat Pump. Move In Ready! Generous Living Room w/Gas Logged Fireplace. Enjoy Quiet Evenings Or Your Morning Coffee On The Screened Porch Overlooking A Peaceful Backyard or On Your Rocking Chair Front Porch. Master Bedroom On Main Level w/Huge Closets. 2 Lg Bedrooms Upstairs w/Full Bath. MAN CAVE/Play/Recreation Room & Bedroom In Basement (Not Included In Square Footage) Huge Storage Building

Last Buyer's Agent

Wendy Grubb

Leonard Craver Realty License #248636

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 2005

Lot Details

  • 0.62 Acre Lot
  • Property is zoned RS

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,665 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • 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
  • Monticello Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03018F0000001000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Lot Size: .
  • Subdivision Name: Monticello
  • Directions: 150 S to Enterprise Rd. Turn left. Right turn onto Elementary Road. Home is on the right.
  • Above Grade Finished Sq Ft: 1665
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1665
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • 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: Northwest
  • High School: North Davidson
  • Middle Or Junior School: North Davidson

Lot Info

  • Parcel #: 03018F0000001000
  • Zoning: RS
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1072
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Dec 5, 2018
Sold by
Edwards Hillary Coffman and Edwards Emory
Bought by
Everhart Beverly Magruder and Lamb Joseph Michael
Buyer's Agent
Wendy Grubb
Leonard Craver Realty
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Current Estimated Value
$331,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,601
Avg. Annual Appreciation
8.83%
Original Mortgage
$181,649
Outstanding Balance
$161,447
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$170,154

Purchase Details

Listed on
Mar 2, 2015
Closed on
Apr 17, 2015
Sold by
Stepps Edward B and Stepps Rebecca G
Bought by
Cottman Hillary Elizabeth
Seller's Agent
Nathaniel Birdsong
Salem Realty
List Price
$164,900
Sold Price
$162,000
Premium/Discount to List
-$2,900
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$129,600
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2005
Sold by
Bbj Building Inc
Bought by
Stepps Edward B and Stepps Rebecca G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Everhart Beverly Magruder $185,000 None Available
Cottman Hillary Elizabeth $162,000 Chicago Title Insurance Co
Stepps Edward B $158,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Everhart Beverly Magruder $181,649
Previous Owner Cottman Hillary Elizabeth $129,600
Previous Owner Stepps Edward B $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2018 12/07/18 Sold $185,000 -5.1% $132 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $195,000 +20.4% $139 / Sq Ft
04/17/2015 04/17/15 Sold $162,000 -1.8% $116 / Sq Ft View Prior Sale
03/07/2015 03/07/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $164,900 -- $118 / 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 $1,200 $190,280 $0 $0
2024 $1,200 $190,280 $0 $0
2023 $1,200 $190,280 $0 $0
2022 $1,200 $190,280 $0 $0
2021 $1,200 $190,280 $0 $0
2020 $1,096 $173,780 $0 $0
2019 $1,077 $173,780 $0 $0
2018 $1,072 $172,950 $0 $0
2017 $1,072 $172,950 $0 $0
2016 $1,072 $172,950 $0 $0
2015 $1,072 $172,950 $0 $0
2014 $1,091 $176,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Buyer's Agent in 2018

    Wendy Grubb

    Leonard Craver Realty

    (336) 250-2528

    32 Total Sales

    Wendy Grubb
    Section Image

  • N

    Seller's Agent in 2015

    Nathaniel Birdsong

    Salem Realty

    (336) 253-7418

    112 Total Sales

    Nathaniel Birdsong
    Section Image
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Map

Source: Triad MLS

MLS Number: 902538

Triad MLS

APN: 03-018-F-000-0001-0-0-0

North Carolina Davidson County Lexington 27295

363 NW Elementary Rd, Lexington, NC

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