$115,000
SOLD JUL 17, 2018

425 Troy McElrath Rd Lexington, NC 27295

2 Beds
1 Bath
1,900 Sq Ft
4.54 Acres

Recently Sold

$61 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

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

About This Home

As of December 2021

Listing in Wes Davidson Area! Delightful, Well maintained ranch w/approx. 4.54 beautiful acres of land. Partially wooded & creek. Home has large open LR,Dr Kit. Formal Living Room. 2 Bedrooms, bonus room, storage/office and large Laundry Room. Covered front porch for your swings. SS appliances in kit. New tankless hot water heater, recent pump for well. Metal roof, 3 storage building.

Last Agent to Sell the Property

Gayle Grubb

Leonard Craver Realty License #38570 Listed on: 05/29/2018

Last Buyer's Agent

Stephanie Hanna

Home Sweet Home Real Estate, LLC License #261094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $777

Year Built

  • Built in 1977

Lot Details

  • 4.54 Acre Lot
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is zoned RA2

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Gravel Driveway

Home Design

  • Aluminum Siding

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Tyro Middle School
  • West High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heat Pump System
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0030
  • Assessor Parcel Number 1801600000030000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$777

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4.54
  • Subdivision Name: None
  • Directions: Main Street Lexington to West Center Street, that becomes Hwy 64 West toward Mocksville. Left at Tarheel Q on North Koontz Road to End. Then Right on Giles Road and a quick Left on Troy Mcelrath Road. # 425 is own Left.
  • Above Grade Finished Sq Ft: 1800
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1977
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Laminate, Tile, Wood
  • 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

  • Fencing: None, Partial
  • Lot Features: Horses Allowed, Partially Cleared, Rolling Slope
  • Pool Features: None
  • Construction Type: Aluminum Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 1801600000030000
  • Zoning: RA2
  • TRIADMLS_PricePerAcre: 24867.8414
  • TRIADMLS_DeedPage: 1446
  • TRIADMLS_DeedBook: 2145
  • TRIADMLS_AcresRange: 4 - 5

Tax Info

  • Tax Annual Amount: 777
  • Tax Block: 000
  • Tax Lot: 0030
  • Tax Map Number: 016
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.54

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

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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 $306 Berg Jeffrey J
Warranty Deed $135,000 None Available
Foreclosure Deed $112,917 Brock & Scott Pllc
Foreclosure Deed $112,917 Brock & Scott Pllc
Trustee Deed $105,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $2,000 None Available
Warranty Deed -- None Available
Warranty Deed $3,500 None Available
Warranty Deed $9,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,750 VA
Previous Owner $120,000 New Conventional
Previous Owner $3,387 Purchase Money Mortgage
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

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Map

Source: Triad MLS

MLS Number: 889431

Triad MLS

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