NOT LISTED FOR SALE

562 Cedar Dr Lexington, NC 27292

Estimated Value: $235,000 - $264,000

3 Beds
1 Bath
1,430 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2025

Last sale price $250,000 $175 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,389 / mo

2 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Porch
  • Southwood Elementary School Rated 9+
  • No HOA
  • Built-In Features

About This Home

As of June 2025

Charming brick ranch situated on just under an acre.This home features updated lighting, newer windows, updated plumbing, roof 2018, HVAC 2021. Great floor plan includes kitchen with eating area (refrigerator included), spacious living room, plus additional family room & newly remodeled laundry space. Step outside to enjoy the covered back porch overlooking the expansive flat fully fenced, parklike backyard! Gorgeous firepit, 2-car carport, large RV Bay with hook-ups, powered workshop offering ample space for hobbies, storage or projects, and an additional work space currently being used as a pet grooming salon. Possibilities are endless! Don't miss out on the opportunity to own this truly unique property.

Last Agent to Sell the Property

Lisa Emery

Wallace Realty Company License #278432 Listed on: 04/29/2025

Co-Listed By

Beth Christian

Wallace Realty Company License #289940

Last Buyer's Agent

Martin Morales

Keller Williams Realty License #321093

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1963

Lot Details

  • 42,689 Sq Ft Lot
  • Lot Dimensions are 213 x 199 x 213 x 200
  • Fenced
  • Level Lot
  • Cleared Lot
  • Garden
  • Property is zoned MU

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,430 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Crawl Space
  • Attic

Kitchen

  • Free-Standing Range
  • Ice Maker

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Security Lights

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11345F0000230000

Home Details

Home Type

Single Family

Est. Annual Taxes

$985

Year Built

Built in 1963

Lot Details

0.98 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.98
  • Lot Size: 213 x 199 x 213 x 200
  • Co List Office Mls Id: WWALRC01
  • Co List Office Phone: 704-636-2021
  • Subdivision Name: None
  • Directions: Just enter address in GPS.
  • Above Grade Finished Sq Ft: 1430
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1963
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_LandDescription: Clear, Fence(s), Flat
  • Special Features: None

Interior Features

  • Appliances: Range, Ice Maker, Free-Standing Range, Gas Water Heater
  • Flooring: Laminate, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1430
  • Main Level Bathrooms: 1
  • Attic Description: Partially Floored
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Security System
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southwood
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 11345F0000230000
  • Zoning: MU

Tax Info

  • Tax Annual Amount: 985
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2025
Closed on
Jun 10, 2025
Sold by
Bought by
Seller's Agent
Lisa Emery
Wallace Realty Company
Buyer's Agent
Martin Morales
Keller Williams Realty
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
14
Current Estimated Value
$242,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,990
Avg. Annual Appreciation
-1.67%
Original Mortgage
$245,471
Interest Rate
0.0675%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 2, 2022
Closed on
Oct 6, 2022
Sold by
Bought by
Seller's Agent
Joshua Weaver
Hennessee Properties LLC
Buyer's Agent
Lisa Emery
Wallace Realty Company
List Price
$230,000
Sold Price
$185,000
Premium/Discount to List
-$45,000
-19.57%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$185,000
Interest Rate
0.0555%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 1973

Purchase Details

Closed on
Dec 13, 1963
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 None Listed On Document
$185,000 None Listed On Document
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $245,471
Closed $15,000
Closed $185,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2025 06/10/25 Sold $250,000 0.0% $175 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $249,900 +35.1% $175 / Sq Ft
10/06/2022 10/06/22 Sold $185,000 -11.9% $154 / Sq Ft View Prior Sale
09/24/2022 09/24/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $210,000 -4.5% $175 / Sq Ft
07/12/2022 07/12/22 Price Changed $220,000 -4.3% $183 / Sq Ft
07/02/2022 07/02/22 For Sale $230,000 -- $192 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $985 $83,330 $0 $0
2024 $985 $83,330 $0 $0
2023 $985 $83,330 $0 $0
2022 $924 $78,220 $0 $0
2021 $924 $78,220 $0 $0
2020 $742 $63,330 $0 $0
2019 $754 $63,330 $0 $0
2018 $754 $63,330 $0 $0
2017 $754 $63,330 $0 $0
2016 $754 $63,330 $0 $0
2015 $722 $63,330 $0 $0
2014 $981 $86,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1179167

Triad MLS

APN: 11-345-F-000-0230-0-0-0

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