NOT LISTED FOR SALE

631 Ridgeway Ln Lexington, NC 27295

Estimated Value: $333,429 - $406,000

3 Beds
2.5 Baths
2,140 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $182,000 $85 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,011/month

37 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Porch
  • Living Room with Fireplace
  • No HOA
  • Home Security System

About This Home

As of July 2014

This incredibly well-maintained and charming cape cod on a near acre lot has TONS to offer: Recent roof, Both heat pumps have been replaced recently, oversized eat-in kitchen w/ island, large dining and living rooms, large main level master, two large bdrms upstairs both with great closet space, FANTASTIC flat/level backyard, unfinished basement offers ample potential.

Last Agent to Sell the Property

Blake Ginther

Keller Williams Realty Elite License #268304 Listed on: 05/07/2014

Keller Williams Realty Elite

Last Buyer's Agent

Lauren Hernandez

Triad's Finest Real Estate by eXp Realty License #278883

Triad's Finest Real Estate by eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 97.66 x 314.83 296.12 x 298.34
  • Level Lot
  • Property is zoned RS

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,140 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ridgeway Estates Sec 2 Subdivision

Listing and Financial Details

  • Tax Lot 0024
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,445

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 97.66 x 314.83 296.12 x 298.34
  • Subdivision Name: Ridgeway Estates Sec 2
  • Directions: US 52 South Hickory Tree Rd. Left off Ramp. Right on Old 52. Left on Midway School Road. Right on Ridge Road. Right into Ridgeway Estates. Property is on the Left.
  • Above Grade Finished Sq Ft: 2140
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Year Built: 1991
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2140
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Separate Shower
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Basement, Living Room
  • Fireplaces: 2
  • Living Area: 2140
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RS
  • TRIADMLS_PlatPage: 21
  • TRIADMLS_PlatBook: 21

Tax Info

  • Tax Annual Amount: 1445.48
  • Tax Block: 000
  • Tax Lot: 0024
  • Tax Map Number: 021
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.6304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Jul 7, 2014
Sold by
Brock Janette P
Bought by
Messer Jeffrey Lynn and Messer Ashley Ledbetter
Seller's Agent
Blake Ginther
Keller Williams Realty Elite
Buyer's Agent
Lauren Hernandez
Triad's Finest Real Estate by eXp Realty
List Price
$194,900
Sold Price
$182,000
Premium/Discount to List
-$12,900
-6.62%
Current Estimated Value
$367,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,107
Avg. Annual Appreciation
6.27%
Original Mortgage
$145,600
Outstanding Balance
$109,643
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$257,464

Purchase Details

Closed on
May 22, 2013
Sold by
Brock Dennis L
Bought by
Brock Janette P

Purchase Details

Closed on
Aug 1, 1999

Purchase Details

Closed on
Jan 1, 1992

Purchase Details

Closed on
Oct 1, 1991
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Messer Jeffrey Lynn $182,000 None Available
Brock Janette P -- None Available
-- $180,000 --
-- $138,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Messer Jeffrey Lynn $145,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $182,000 -6.6% $85 / Sq Ft
06/14/2014 06/14/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $194,900 -- $91 / 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 $1,334 $202,160 $0 $0
2024 $1,334 $202,160 $0 $0
2023 $1,334 $202,160 $0 $0
2022 $1,290 $202,160 $0 $0
2021 $1,290 $202,160 $0 $0
2020 $1,173 $183,860 $0 $0
2019 $1,191 $183,860 $0 $0
2018 $1,191 $183,860 $0 $0
2017 $1,191 $183,860 $0 $0
2016 $1,191 $183,860 $0 $0
2015 $1,191 $183,860 $0 $0
2014 $1,468 $229,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 705978

Triad MLS

APN: 13-021-G-000-0024-0-0-0