NOT LISTED FOR SALE

3986 Welcome Arcadia Rd Lexington, NC 27295

Estimated Value: $248,000 - $280,000

3 Beds
2 Baths
1,500 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $275,000 $183 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,460/month

9 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Air
  • North Davidson Middle School Rated 9+
  • 1 Car Attached Garage
  • Carpet

About This Home

As of June 2024

Immaculately maintained, one level, all brick, 3 bed/2 baths, with just enough of everything to make everyone happy! This home is located conveniently off Hwy 150 in the Arcadia community, close to grocery stores and shopping but still able to capture the rural feel of the community. Much like Goldilocks, this home’s size is just right: large enough to downsize and not feel cramped, yet small enough not to overwhelm a new homeowner! Built in bookshelf beside the stacked stone fireplace provides custom detail, and welcomes you to a spacious, grand, living area. Composite decking and vinyl handrails provide a maintenance free outdoor living space and empties out onto the flat backyard, perfect for entertaining! Northwest Elementary, North Davidson Schools. Open house on Sunday, April 28, 2-4pm

Last Agent to Sell the Property

Alison Vannoy

Southern Signature Properties License #285107 Listed on: 04/23/2024

Last Buyer's Agent

Bobby Mills

Tri County Real Estate License #325801

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1976

Lot Details

  • 0.51

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,354 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • 0.51 Acre Lot

Community Details

  • No Home Owners Association
  • Monticello Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 03018C0000027
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$928

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Subdivision Name: Monticello
  • Directions: HWY 150S to left on Welcome Arcadia Rd. House on left.
  • Above Grade Finished Sq Ft: 1354
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1976
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1354
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • 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 #: 03018C0000027
  • Zoning: SFR
  • TRIADMLS_PlatPage: 143
  • TRIADMLS_PlatBook: 16
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 928.26
  • Tax Lot: 27
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Aug 3, 2024
Sold by
Shoemake Marion E and Shoemake Brenda
Bought by
Shoemake Marion E and Shoemake Brenda
Seller's Agent
Alison Vannoy
Southern Signature Properties
Buyer's Agent
Bobby Mills
Tri County Real Estate
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Views
60
Current Estimated Value
$268,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,474
Avg. Annual Appreciation
-1.69%

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jun 3, 2024
Sold by
Randall Joyce Steven
Bought by
Shoemake Marion E and Shoemake Brenda
Seller's Agent
Alison Vannoy
Southern Signature Properties
Buyer's Agent
Bobby Mills
Tri County Real Estate
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
7.17%
Mortgage Type
VA

Purchase Details

Listed on
Apr 9, 2013
Closed on
May 9, 2013
Sold by
Proctor Katie B and Berrier Katie Elizabeth
Bought by
Joyce Steven Randall
Buyer's Agent
Wendy Hanes
Wendy Hanes Realty
List Price
$134,900
Sold Price
$126,900
Premium/Discount to List
-$8,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$129,081
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2009
Sold by
Proctor Sidney E and Miranda Proctor J
Bought by
Berrier Katie Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2009
Sold by
Butner Robert S and Butner Carolyn M
Bought by
Proctor Sidney E and Miranda Proctor J

Purchase Details

Closed on
Sep 1, 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
Shoemake Marion E -- None Listed On Document
Shoemake Marion E -- None Listed On Document
Shoemake Marion E $275,000 None Listed On Document
Shoemake Marion E $275,000 None Listed On Document
Joyce Steven Randall $126,500 None Available
Berrier Katie Elizabeth $99,000 None Available
Proctor Sidney E $99,000 None Available
-- $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shoemake Marion E $273,000
Previous Owner Joyce Steven Randall $129,081
Previous Owner Berrier Katie Elizabeth $98,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2024 06/05/24 Sold $275,000 -8.3% $229 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $300,000 +136.4% $250 / Sq Ft
06/21/2013 06/21/13 Sold $126,900 -5.9% $94 / Sq Ft View Prior Sale
04/13/2013 04/13/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $134,900 -- $100 / 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 $643 $147,000 $0 $0
2024 $631 $145,040 $0 $0
2023 $928 $145,040 $0 $0
2022 $914 $145,040 $0 $0
2021 $914 $145,040 $0 $0
2020 $845 $134,040 $0 $0
2019 $831 $134,040 $0 $0
2018 $831 $134,040 $0 $0
2017 $831 $134,040 $0 $0
2016 $831 $134,040 $0 $0
2015 $831 $134,040 $0 $0
2014 $817 $131,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1139345

Triad MLS

APN: 03-018-C-000-0027-0-0-0