NOT LISTED FOR SALE

4027 Ridge Rd Lexington, NC 27295

Estimated Value: $157,000

2 Beds
2 Baths
1,100 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $118,000 $107 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $979/month

3 Days on Market

Highlights

  • 1.43 Acre Lot
  • Attic
  • 2 Car Detached Garage
  • North Davidson Middle School Rated 9+
  • No HOA
  • Porch

About This Home

As of April 2021

First time to market on this adorable cottage-style farm home located in Welcome in Northern Davidson county! This house sits on over 1 acre of land! Multiple storage sheds and carports are ready for all your belongings! The home has 2 beds with 2 full baths. Large lot perfect for gardening and more! Carpet over hardwoods throughout the living area of this cottage! A true farmhouse feel! Convenient to both Winston Salem and Lexington, this home puts you in the middle of both cities! Check out this cute house ready for you to put on your personal touch! The home has a shared driveway. House also includes parcel 11305000001 to make total acreage. Home to be sold in as-is condition.

Last Agent to Sell the Property

Josh Tackett

Local R.E. Inc. License #280298 Listed on: 03/04/2021

Last Buyer's Agent

Jason Pardue

Beacon Point Realty LLC License #295063

Beacon Point Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $431

Year Built

  • Built in 1940

Lot Details

  • 1.43 Acre Lot
  • Cleared Lot
  • Property is zoned RA3

Parking

  • 2 Car Detached Garage
  • Detached Carport Space
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump
  • Free-Standing Range
  • Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1130500000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$431

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.43
  • Lot Size: see survey
  • Subdivision Name: None
  • Directions: 52 south into Welcome. Left onto Tall Pines rd. Left onto Bethesda rd. Right onto Ridge rd. House is last on right before Sides rd.
  • Above Grade Finished Sq Ft: 960
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Other Equipment: Sump Pump
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 960
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Block, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Field, Gravel, Detached Carport, Detached
  • Garage Description: Detached Carport, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public, Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Welcome
  • High School: North Davidson
  • Middle Or Junior School: North Davidson

Lot Info

  • Parcel #: 1130500000004
  • Zoning: RA3
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 431
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 6, 2021
Sold by
Mccrary Billy Keith and Mccrary Janice
Bought by
Gregory Stephen Andrew and Gregory Laura Dailey
Seller's Agent
Josh Tackett
Local R.E. Inc.
Buyer's Agent
Jason Pardue
Beacon Point Realty LLC
Sold Price
$118,000
Current Estimated Value
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,000
Original Mortgage
$112,100
Outstanding Balance
$101,049
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 1980
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
Gregory Stephen Andrew $118,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Stephen Andrew $112,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $118,000 -- $148 / 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
2021 $482 $75,280 $0 $0
2020 $431 $67,320 $0 $0
2019 $450 $69,170 $0 $0
2018 $450 $69,170 $0 $0
2017 $450 $69,170 $0 $0
2016 $443 $69,170 $0 $0
2015 $450 $69,170 $0 $0
2014 $446 $69,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1014323

Triad MLS

APN: 11-305-0-000-0004-0-0-0