$130,490
SOLD JAN 12, 2018

403 Placid Park Lexington, NC 27295

3 Beds
2 Baths
1,900 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

5% Below List Price

404 Days on Market

Highlights

  • Newly Remodeled
  • Porch
  • Central Air
  • Traditional Architecture
  • 2 Car Attached Garage
  • Carpet

About This Home

As of July 2025

PROMO PRICE! Must write contract by 12/15/17 & close by 1/30/18. Diamond Series 1800-A Beautiful NEW two car garage home with upstairs bonus room! The main floor has a nice open floor plan connecting the great room to the dinette and kitchen. The owner's suite has a private bath and walk in closet, and there are 2 additional bedrooms, and another full bath. Home is complete and move in ready! $95 deposit! Buy Now on Our Website! Lot #7

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $163

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 56 x 41 x 56 x 41
  • Cleared Lot
  • Property is zoned PDH

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Madison Place Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 11308K0000007
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$163

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 56 x 41 x 56 x 41
  • Subdivision Name: Madison Place
  • Directions: Take Hwy 52 south to Welcome exit. Turn right onto Old US Hwy 52. Turn left on Hinicle Lane. Turn lefton Trey Lane. Turn left into Madison Place.
  • Above Grade Finished Sq Ft: 1800
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: Remarks
  • Year Built: 2017
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_ElevatorYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Great Room, Dead Bolt(s), Soaking Tub, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Living Area: 1800
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Completion Date: 2017-10-31T04:00:00.000Z

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 11308K0000007
  • Zoning: PDH
  • TRIADMLS_PricePerAcre: 1304900
  • TRIADMLS_DeedPage: 0584
  • TRIADMLS_DeedBook: 2053
  • TRIADMLS_PlatBook: 49-41
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 163
  • Tax Lot: 7
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
Jul 23, 2025
Sold by
Teachey Kimberly Best
Bought by
Johnson Gerald Edwin and Johnson Deborah Anne
Seller's Agent
Lee McConnell
Coldwell Banker Advantage
Buyer's Agent
John Beck
John Christian Luxury Real Estate
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-37.24%
Original Mortgage
$170,000
Outstanding Balance
$170,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$145,559

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 20, 2022
Sold by
Alfred Laytham Samuel and Alfred Juanita Nancy
Bought by
Teachey Kimberly Best
Seller's Agent
Pamela Webb
Stan Byrd & Associates
Buyer's Agent
Lee McConnell
Coldwell Banker Advantage
List Price
$264,900
Sold Price
$260,000
Premium/Discount to List
-$4,900
-1.85%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$244,200
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 18, 2016
Closed on
Jan 12, 2018
Sold by
Wjh Llc
Bought by
Laytham Samuel Alfred and Laytham Nancy Juanita
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$137,990
Sold Price
$130,490
Premium/Discount to List
-$7,500
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Original Mortgage
$104,392
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2016
Sold by
Mrt 1 Llc
Bought by
Wjh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
3.52%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 4, 2012
Sold by
Leonard Ranae and Leonard Randall M
Bought by
Ranaes Properties Llc

Purchase Details

Closed on
May 3, 2011
Sold by
Branch Banking & Trust Company
Bought by
Leonard Ranae
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 None Listed On Document
Warranty Deed $260,000 --
Warranty Deed $130,000 None Available
Warranty Deed $30,000 None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $50,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Previous Owner $244,200 FHA
Previous Owner $133,150 New Conventional
Previous Owner $131,700 New Conventional
Previous Owner $104,392 New Conventional
Previous Owner $94,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Sold $320,000 0.0% $180 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $319,900 +23.0% $180 / Sq Ft
08/26/2022 08/26/22 Sold $260,000 -1.8% $163 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $264,900 +103.0% $166 / Sq Ft
01/12/2018 01/12/18 Sold $130,490 -5.4% $82 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
10/18/2016 10/18/16 For Sale $137,990 -- $86 / 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
2024 $1,032 $161,180 $0 $0
2023 $1,032 $161,180 $0 $0
2022 $1,032 $161,180 $0 $0
2021 $1,032 $161,180 $0 $0
2020 $816 $127,400 $0 $0
2019 $828 $127,400 $0 $0
2018 $828 $127,400 $0 $0
2017 $163 $25,000 $0 $0
2016 $163 $25,000 $0 $0
2015 $163 $25,000 $0 $0
2014 $160 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 811853

Triad MLS

APN: 11-308-K-000-0007-0-0-0