NOT LISTED FOR SALE

499 Ridge Rd Lexington, NC 27295

Estimated Value: $268,000 - $309,000

3 Beds
2 Baths
2,018 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $115,980 $57 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,637/month

39 Days on Market

Highlights

  • 7.21 Acre Lot
  • No HOA
  • 2 Car Detached Garage
  • North Davidson Middle School Rated 9+
  • Circular Driveway
  • Porch

About This Home

As of January 2015

Conveniently located near Winston, Greensboro, Kernersville & High Point, this ranch style home sits on 7.21 ACRES and with 2 kitchens & 2 living areas it could be separate living spaces. The OPEN FLOOR PLAN has good flow for entertaining, SPACIOUS family room w/FIREPLACE, plenty of closet storage, laminate floors, newer eat-in Kitchen w/custom cabinets, workshop and more! 3 LAKES nearby! SEE AGENT ONLY remarks.

Last Agent to Sell the Property

Jason Bramblett

Jason Bramblett Real Estate License #214156 Listed on: 11/05/2014

Jason Bramblett Real Estate

Last Buyer's Agent

Michelle Williams

Donna Miller Realty, Inc. License #246660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $969

Year Built

  • Built in 1948

Lot Details

  • 7.21 Acre Lot
  • Fenced
  • Property is zoned RA3

Parking

  • 2 Car Detached Garage
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,018 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Laminate Flooring
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18a
  • Assessor Parcel Number 1132400000018A00
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$969

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.21
  • Directions: South on BusinessI-85/29 to Lexington. Exit right on Greensboro St. Left on Ridge Rd.
  • Above Grade Finished Sq Ft: 2018
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1948
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2018
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 2018
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Circular Driveway, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 1132400000018A00
  • Zoning: RA3

Tax Info

  • Tax Annual Amount: 969.34
  • Tax Lot: 18a
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2014
Closed on
Jan 12, 2015
Sold by
Parks Louise H
Bought by
Munger Jason and Munger Morgan
Seller's Agent
Jason Bramblett
Jason Bramblett Real Estate
Buyer's Agent
Michelle Williams
Donna Miller Realty, Inc.
List Price
$1
Sold Price
$115,980
Premium/Discount to List
$115,979
11597900%
Current Estimated Value
$290,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,965
Avg. Annual Appreciation
8.89%
Original Mortgage
$92,784
Outstanding Balance
$71,919
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$219,026

Purchase Details

Closed on
Mar 24, 2011
Sold by
Parks Ernest W and Parks Louise H
Bought by
Parks Ernest W and Parks Louise H

Purchase Details

Closed on
Jun 9, 2010
Sold by
Walser Lawrence O and Lawrence Walser Jr Trust
Bought by
Parks Ernest W and Parks Louise H

Purchase Details

Closed on
Aug 1, 1998
Source: Public Records

Range of Values:

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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
Munger Jason $116,000 None Available
Parks Ernest W -- None Available
Parks Ernest W $16,000 None Available
-- $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munger Jason $92,784
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2015 01/12/15 Sold $115,980 +11597900.0% $57 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $1 -- $0 / 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 $1,276 $193,340 $0 $0
2024 $1,207 $182,940 $0 $0
2023 $1,207 $182,940 $0 $0
2022 $1,207 $182,940 $0 $0
2021 $1,207 $182,940 $0 $0
2020 $972 $147,260 $0 $0
2019 $989 $147,550 $0 $0
2018 $959 $147,550 $0 $0
2017 $959 $147,550 $0 $0
2016 $959 $147,550 $0 $0
2015 $959 $147,550 $0 $0
2014 $969 $149,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 723701

Triad MLS

APN: 11-324-0-000-0018-A-0-0