NOT LISTED FOR SALE

425 Troy McElrath Rd Lexington, NC 27295

Estimated Value: $233,000 - $286,000

2 Beds
1 Bath
1,900 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $152,750 $80 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,488/month

15 Days on Market

Highlights

  • Barn
  • 4.54 Acre Lot
  • Porch
  • Horses Allowed On Property
  • No HOA
  • Detached Carport Space

About This Home

As of December 2021

Come and bring your imagination! This home is listed WELL below tax value! It needs some love but if you can do the work yourself or know someone... what a GREAT house!!!! Dont miss it! It wont last long.

Last Agent to Sell the Property

Michelle Epley

Southern Key Realty License #310571 Listed on: 10/28/2021

Last Buyer's Agent

Austin Hege

Southern Signature Properties License #296327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1977

Lot Details

  • 4.54 Acre Lot
  • Lot Dimensions are 190 x 562 x 456 x 56 x 111 x 329 x 122
  • Property is zoned RA2

Parking

  • 4 Car Garage
  • Detached Carport Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Tyro Middle School
  • West Davidson High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Well

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1801600000030
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,058

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4.54
  • Lot Size: 190 x 562 x 456 x 56 x 111 x 329 x 122
  • Subdivision Name: None
  • Directions: Highway 64 toward Mocksville. Turn Left onto Koonts Road. Go to end. Turn Right onto Giles javascript:__doPostBack('m_rpPageList$ctl14$lbPageLink','')Road. Troy McElrath is just ahead on the Left. House is about 1/2 mile down dirt road.
  • Above Grade Finished Sq Ft: 1800
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1977
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1800
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Horses Allowed
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Forced Air, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Reeds
  • High School: West Davidson
  • Middle Or Junior School: Tyro

Lot Info

  • Parcel #: 1801600000030
  • Zoning: RA2
  • TRIADMLS_PricePerAcre: 33039.6476
  • TRIADMLS_DeedPage: 56-58
  • TRIADMLS_DeedBook: 2504
  • TRIADMLS_AcresRange: 4 - 5

Tax Info

  • Tax Annual Amount: 1058
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.0061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 15, 2021
Sold by
Barrera Quiroz Stefania and Godoy Jose
Bought by
Vaught Jerry E and Vaught Karen B
Seller's Agent
Michelle Epley
Southern Key Realty
Buyer's Agent
Austin Hege
Southern Signature Properties
Sold Price
$152,750
Current Estimated Value
$259,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,576
Avg. Annual Appreciation
15.29%
Original Mortgage
$152,750
Outstanding Balance
$140,830
Interest Rate
2.98%
Mortgage Type
VA
Estimated Equity
$118,496

Purchase Details

Closed on
Sep 21, 2021
Sold by
Mcabee Investments Llc
Bought by
Quiroz Stefania Barrera and Marquez Jose Godoy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2021
Sold by
Trustee Services Of Carolina Llc
Bought by
North State Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2021
Sold by
Sanchez Mandy Rayanne and Sanchez Luis
Bought by
Mcabee Investments Llc

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 17, 2018
Sold by
Lucas Debra L
Bought by
Sanchez Mandy Rayanne and Sanchez Luis Francisco
Seller's Agent
Gayle Grubb
Leonard Craver Realty
Buyer's Agent
Stephanie Hanna
Home Sweet Home Real Estate, LLC
List Price
$112,900
Sold Price
$115,000
Premium/Discount to List
$2,100
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%
Original Mortgage
$3,387
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2014
Sold by
Cody Geneva A
Bought by
Cody Geneva A and The Geneva A Cody Revocable Living Trust

Purchase Details

Closed on
Feb 23, 2012
Sold by
Cody Geneva A
Bought by
Cody Geneva A and Geneva A Cody Revocable Living Trust

Purchase Details

Closed on
Aug 22, 2011
Sold by
Cody Geneva
Bought by
Mcelrath Perry Lee

Purchase Details

Closed on
Apr 1, 1977
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vaught Jerry E $306 Berg Jeffrey J
Quiroz Stefania Barrera $135,000 None Available
North State Bank $112,917 Brock & Scott Pllc
North State Bank $112,917 Brock & Scott Pllc
Mcabee Investments Llc $105,000 None Available
Sanchez Mandy Rayanne $115,000 None Available
Cody Geneva A $2,000 None Available
Cody Geneva A -- None Available
Mcelrath Perry Lee $3,500 None Available
-- $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaught Jerry E $152,750
Previous Owner Quiroz Stefania Barrera $120,000
Previous Owner Sanchez Mandy Rayanne $3,387
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $152,750 +32.8% $95 / Sq Ft
07/17/2018 07/17/18 Sold $115,000 +1.9% $72 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $112,900 -- $71 / 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 $1,031 $168,850 $0 $0
2023 $1,031 $168,850 $0 $0
2022 $1,031 $168,850 $0 $0
2021 $1,058 $173,290 $0 $0
2020 $788 $129,040 $0 $0
2019 $800 $129,040 $0 $0
2018 $777 $125,340 $0 $0
2017 $777 $125,340 $0 $0
2016 $777 $125,340 $0 $0
2015 $777 $125,340 $0 $0
2014 $831 $134,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Epley

    Seller's Agent in 2021

    Michelle Epley

    Southern Key Realty

    (336) 239-0209

    25 in this area

    204 Total Sales

    Michelle Epley
    Section Image

  • A

    Buyer's Agent in 2021

    Austin Hege

    Southern Signature Properties

    (336) 479-1628

    8 in this area

    130 Total Sales

    Austin Hege
    Section Image
  • Gayle Grubb

    Seller's Agent in 2018

    Gayle Grubb

    Leonard Craver Realty

    (336) 242-3922

    3 in this area

    59 Total Sales

    Gayle Grubb
    Section Image

  • S

    Buyer's Agent in 2018

    Stephanie Hanna

    Home Sweet Home Real Estate, LLC

    (336) 225-3576

    4 in this area

    89 Total Sales

    Stephanie Hanna
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1047696

Triad MLS

APN: 18-016-0-000-0030-0-0-0

North Carolina Davidson County Lexington 27295

425 Troy McElrath Rd, Lexington, NC

This home is located at 425 Troy McElrath Rd, Lexington, NC 27295 since 28 October 2021 and is currently estimated at $259,326, approximately $136 per square foot. This property was built in 1977. 425 Troy McElrath Rd is a home located in Davidson County with nearby schools including Reeds Elementary School, Tyro Middle School, and West Davidson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

Nearby Homes