NOT LISTED FOR SALE

389 Paul Musgrave Rd Lexington, NC 27292

Estimated Value: $270,000 - $380,000

3 Beds
2 Baths
2,152 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $107,000 $50 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,769/month

18 Days on Market

Highlights

  • Horses Allowed On Property
  • Living Room with Fireplace
  • Farmhouse Style Home
  • Deck
  • Wood Flooring
  • Attic

About This Home

As of May 2014

Turn of the Century charm but move in ready! 3/4 BR farmstyle home on 8+ acres in the country with detached garage, workshop and more! Electric BB heat plus two fireplaces with thermostatic controlled gas logs. Wrap around porch, 2 decks, beautiful mature landscaping & trees. You will want to see this one, a picture of country living at its best!

Last Buyer's Agent

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 1906

Lot Details

  • 8.16 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is zoned RA2

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 2,152 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0032
  • Assessor Parcel Number 0601800000032000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$826

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 8.16
  • Subdivision Name: None
  • Directions: From I-85 take Exit # 91, take Hwy 8 south toward High Rock Lake, Left on Hunt Road, Left on Paul Musgrave, House on Left.
  • Above Grade Finished Sq Ft: 2152
  • Architectural Style: Farm House
  • Unit Levels: One and One Half
  • Year Built: 1906
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2152
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven,Cook Top,Dishwasher, Water Heater: Electric
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dryer Connection, Gas Logs, Laundry Room - Main Level, Pantry, Washer Connection
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Den, Living Room, See Remarks
  • Fireplaces: 3
  • Living Area: 2152
  • Main Level Bathrooms: 1
  • Attic Description: Access Only, Partially Floored
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Deck, Porch
  • Fencing: None
  • Lot Features: Horses Allowed, Sloped, Rolling Slope, Partially Cleared
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space

Garage/Parking

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

Utilities

  • Sewer: Septic
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Electric Baseboard, Fireplace(s), Natural Gas
  • Water Source: Public, Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0601800000032000
  • Zoning: RA2
  • TRIADMLS_DeedPage: 941
  • TRIADMLS_DeedBook: 2119

Tax Info

  • Tax Annual Amount: 825.56
  • Tax Block: 000
  • Tax Lot: 0032
  • Tax Map Number: 018
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 29, 2014
Sold by
Livengood Laura Gaylor
Bought by
Wall Patrick Scott
Buyer's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
List Price
$112,900
Sold Price
$107,000
Premium/Discount to List
-$5,900
-5.23%
Current Estimated Value
$313,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,903
Avg. Annual Appreciation
10.95%

Purchase Details

Listed on
Jul 17, 2013
Closed on
Sep 24, 2013
Sold by
Bank Of New York Mellon
Bought by
Livengood Laura Gaylor
Seller's Agent
Janet Petrozelle
Oak Leaf Properties of NC
Buyer's Agent
Johnny Petrozelle
Oak Leaf Properties of NC
List Price
$137,500
Sold Price
$72,500
Premium/Discount to List
-$65,000
-47.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.78%

Purchase Details

Closed on
Jun 25, 2013
Sold by
Little John Wayne and Little Daisy Mae
Bought by
Bank Of New York Mellon and Bank Of New York

Purchase Details

Closed on
Aug 2, 1976
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
Wall Patrick Scott $107,000 None Available
Livengood Laura Gaylor $71,000 None Available
Bank Of New York Mellon $88,400 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little John Wayne $40,000
Previous Owner Little John Wayne $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $107,000 -5.2% $50 / Sq Ft
04/26/2014 04/26/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $112,900 +55.7% $52 / Sq Ft
09/26/2013 09/26/13 Sold $72,500 -47.3% $35 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $137,500 -- $66 / 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 $1,148 $179,300 $0 $0
2024 $1,148 $179,330 $0 $0
2023 $1,148 $179,330 $0 $0
2022 $698 $179,330 $0 $0
2021 $698 $179,330 $0 $0
2020 $833 $130,070 $0 $0
2019 $845 $130,070 $0 $0
2018 $845 $130,070 $0 $0
2017 $845 $130,070 $0 $0
2016 $845 $130,070 $0 $0
2015 $845 $130,070 $0 $0
2014 $826 $127,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frankie Byrd

    Buyer's Agent in 2014

    Frankie Byrd

    Price REALTORS - NC Hwy 8

    (336) 239-7253

    175 Total Sales

    Frankie Byrd
    Section Image

  • J

    Seller's Agent in 2013

    Janet Petrozelle

    Oak Leaf Properties of NC

    (336) 239-4107

    40 Total Sales

    Janet Petrozelle
    Section Image
  • Johnny Petrozelle

    Buyer's Agent in 2013

    Johnny Petrozelle

    Oak Leaf Properties of NC

    (336) 239-0658

    56 Total Sales

    Johnny Petrozelle
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 702590

Triad MLS

APN: 06-018-0-000-0032-0-0-0

North Carolina Davidson County Lexington 27292

389 Paul Musgrave Rd, Lexington, NC

This home is located at 389 Paul Musgrave Rd, Lexington, NC 27292 since 07 April 2014 and is currently estimated at $313,903, approximately $145 per square foot. This property was built in 1906. 389 Paul Musgrave Rd is a home located in Davidson County with nearby schools including Southwood Elementary School, Central Davidson Middle School, and Central Davidson High School.

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