NOT LISTED FOR SALE

5618 Ridge Rd Lexington, NC 27295

Estimated Value: $197,548 - $297,000

2 Beds
1 Bath
1,500 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $176,000 $117 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,300/month

2 Days on Market

Highlights

  • Attic
  • Cottage
  • Ceiling Fan
  • No HOA
  • Central Air
  • Carpet

About This Home

As of June 2022

Quaint refurbished home on 1 acre in Midway/Oak Grove school district. This home has new sub-flooring and new laminate and carpet throughout home, freshly painted, new windows, new fixtures, new kitchen back-splash and countertops, painted kitchen cabinets, new bath. Updates include electrical, plumbing, HVAC, screened in porch off master bedroom, another side porch, and laundry room, a bonus room that could be used as a 3rd bedroom. Vaper barrier put down in dry crawl space. This one will not last long!

Last Agent to Sell the Property

Robin Brady

Welcome Home Realty License #240137 Listed on: 04/10/2022

Last Buyer's Agent

Caroline James

Mantle LLC License #309198

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $611

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Cleared Lot
  • Property is zoned RA

Parking

  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Oak Grove Middle School
  • Oak Grove High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1303000000005A
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$611

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Subdivision Name: None
  • Directions: From WS, go US Hwy 52 to Hickory Tree Rd. exit, turn left, go to light, turn right on Old Hwy 52, at light, turn left onto Midway School Rd., turn right on Ridge Rd., house will be on the left
  • Above Grade Finished Sq Ft: 1400
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1400
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Midway
  • High School: Oak Grove
  • Middle Or Junior School: Oak Grove

Lot Info

  • Parcel #: 1303000000005A
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 175000
  • TRIADMLS_DeedPage: 1769
  • TRIADMLS_DeedBook: 2479
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 611.37
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2022
Closed on
Jun 1, 2022
Sold by
Eugene Varner Toby and Eugene Soufin
Bought by
Lashmit Anna and Trader Free
Seller's Agent
Robin Brady
Welcome Home Realty
Buyer's Agent
Caroline James
Mantle LLC
List Price
$198,900
Sold Price
$176,000
Premium/Discount to List
-$22,900
-11.51%
Current Estimated Value
$225,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,696
Avg. Annual Appreciation
3.39%
Original Mortgage
$140,800
Outstanding Balance
$134,739
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$61,088

Purchase Details

Closed on
Apr 22, 2021
Sold by
Comer William Gray and Estate Of Julie Comer
Bought by
Comer William Gray

Purchase Details

Closed on
Oct 1, 2012
Sold by
Sink Sharon Beeson and Sink Donald Keith
Bought by
Comer Julie Renee

Purchase Details

Closed on
Aug 1, 1996
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
Lashmit Anna $176,000 Berg Jeffrey J
Comer William Gray $12,000 None Available
Comer Julie Renee $44,500 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lashmit Anna $140,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $176,000 -11.5% $147 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $198,900 -- $166 / 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 $770 $116,700 $0 $0
2023 $770 $116,700 $0 $0
2022 $602 $94,390 $0 $0
2021 $602 $94,390 $0 $0
2020 $568 $89,010 $0 $0
2019 $689 $89,010 $0 $0
2018 $577 $89,010 $0 $0
2017 $577 $89,010 $0 $0
2016 $577 $89,010 $0 $0
2015 $577 $89,010 $0 $0
2014 $583 $91,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin Brady

    Seller's Agent in 2022

    Robin Brady

    Welcome Home Realty

    (336) 416-3652

    97 Total Sales

    Section Image
  • Caroline James

    Buyer's Agent in 2022

    Caroline James

    Mantle LLC

    (336) 596-7400

    156 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1065390

Triad MLS

APN: 13-030-0-000-0005-A-0-0

North Carolina Davidson County Lexington 27295

5618 Ridge Rd, Lexington, NC

This home is located at 5618 Ridge Rd, Lexington, NC 27295 since 10 April 2022 and is currently estimated at $238,637, approximately $159 per square foot. This property was built in 1940. 5618 Ridge Rd is a home located in Davidson County with nearby schools including Midway Elementary School, Oak Grove Middle School, and Oak Grove High School.

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