$1,025,000
SOLD JAN 31, 2025

5700 S Nc Highway 150 Lexington, NC 27295

41 Acres
$25,135 Price per Acre
1,776,377 Sq Ft Lot

Recently Sold

$675 Per Sq Ft

18% Below List Price

15 Days on Market

Highlights

  • Home fronts a pond
  • Pond
  • No HOA
  • 40.78 Acre Lot
  • Partially Wooded Lot

About This Lot

As of January 2025

Attention builders and developers!! This is the perfect opportunity to create a subdivision in the Tyro area, perfect location, loads of road frontage on John M Ward and Hwy 150. Public water and power available, 3 separate parcels, land is mostly cleared, easy infrastructure for developers. Soybeans will be harvested in November. The 20 acre plat has a pond on the property and approx. 5-6 acres of trees for privacy that would make an amazing estate or split it off to family members...see agents remarks

Last Agent to Sell the Property

Robin Brady

Welcome Home Realty License #240137 Listed on: 10/27/2024

Last Buyer's Agent

Rick Donathan

Main St. Brokers Real Estate License #333436

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,868

Lot Details

  • 40.78 Acre Lot
  • Home fronts a pond
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA

Listing and Financial Details

  • Tax Lot 10A, 10B, 10C
  • Assessor Parcel Number 1803000000010A,B,C

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$2,868

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 40.78
  • Road Frontage Type: 2-Lane, Public
  • Subdivision Name: None
  • Directions: From Winston Salem, South on Peters Creek Parkway (Hwy 150) toward Tyro, property on the right
  • TRIADMLS_LandDescription: Cleared Land, Partially Wooded, Pond
  • Special Features: None

Interior Features

  • Possible Use: Farm, Investment, Single Family

Exterior Features

  • Lot Features: Cleared, Partially Wooded
  • Waterfront Features: Pond
  • Flood Zone: Not in Flood Zone

Utilities

  • Electric: Duke Energy
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1803000000010A,B,C
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 25134.87
  • TRIADMLS_ClearedAcres: 35
  • TRIADMLS_DeedPage: 676
  • TRIADMLS_DeedBook: 2150

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Tax Info

  • Tax Lot: 10A, 10B, 10C
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2024
Closed on
Feb 13, 2025
Sold by
Harkins Bennett Hillary
Bought by
Bennett Christopher Todd
Seller's Agent
Robin Brady
Welcome Home Realty
Buyer's Agent
Rick Donathan
Main St. Brokers Real Estate
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-56.20%

Purchase Details

Closed on
Aug 6, 2009
Sold by
Bennett Nelda and Bennett Charles Kenneth
Bought by
Bennett Christopher Todd and Bennett Hillary Hankins

Purchase Details

Closed on
May 7, 2003
Sold by
Howard Doris S and Howard Chester
Bought by
Bennett Nelda H

Purchase Details

Closed on
Jun 1, 1999
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 New Conventional
Previous Owner $386,000 New Conventional
Previous Owner $263,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $724,900 -3.3% $303 / Sq Ft
04/02/2025 04/02/25 For Sale $749,900 -26.8% $314 / Sq Ft
01/31/2025 01/31/25 Sold $1,025,000 -18.0% $675 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
10/27/2024 10/27/24 For Sale $1,250,000 -- $823 / 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 $2,868 $469,700 $0 $0
2023 $2,868 $469,700 $0 $0
2022 $3,116 $510,220 $0 $0
2021 $3,116 $510,220 $0 $0
2020 $2,578 $422,200 $0 $0
2019 $2,618 $422,200 $0 $0
2018 $2,618 $422,200 $0 $0
2017 $2,618 $422,200 $0 $0
2016 $994 $160,270 $0 $0
2015 $994 $160,270 $0 $0
2014 $743 $119,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1161118

Triad MLS

APN: 18-030-0-000-0010-0-0-0