NOT LISTED FOR SALE

718 Richard Rd Lexington, NC 27292

Lexington Area

Estimated Value: $333,000

4 Beds
2 Baths
1,600 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2019

Last sale price $125,000 $78 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,026 / mo

384 Days on Market

Highlights

  • 12.5 Acre Lot
  • Great Room with Fireplace
  • No HOA
  • Southwood Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • Forced Air Heating System

About This Home

As of March 2019

Beautiful historic Home with acreage in city limits in need of renovation. In close proximity the Davidson County airport and Business 85. Property was most recently used as residential, but still zoned industrial. This property is party of a 30 acre tract, with the house and 12.5 acres being sold together. Additional acreage is available. The tax value reflects the entire 30 acres. Heated area is part of down stairs. Upstairs has no working heat or air. All systems to inspected/verified by buyer.

Last Agent to Sell the Property

Sol Coltrane

Coltrane & Company License #177240 Listed on: 01/08/2018

Last Buyer's Agent

NONMEMBER NONMEMBER

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1912

Lot Details

  • 12.5 Acre Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,521 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Basement

  • Basement Cellar
  • Crawl Space

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1134900000010A
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,607

Year Built

Built in 1912

Lot Details

12.5 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 12.5
  • Subdivision Name: None
  • Directions: Business 85 South to Green Needles exit. Turn left onto Green Needles Rd; Then right onto Charlotte Drive;The left onto Richard Rd- Property will be on the right on the dirt road.
  • Above Grade Finished Sq Ft: 1521
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1912
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Cellar, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den, Great Room
  • Fireplaces: 2
  • Living Area: 1521
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: City Lot, Cleared
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1134900000010A
  • Zoning: I
  • TRIADMLS_AcresRange: 11 - 13

Tax Info

  • Tax Annual Amount: 2607
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.119

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

Closed on
Apr 15, 2026
Sold by
Davidson Land Development Llc
Bought by
Current Estimated Value
$333,000

Purchase Details

Closed on
Mar 17, 2026
Sold by
Davidson Land Development Llc
Bought by
Wjh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,791
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2024
Sold by
Mrt-1 Llc
Bought by
Davidson Land Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.99%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 18, 2022
Sold by
Stephens Ronnie J and Stephens Patricia
Bought by
Mrt-1 Llc

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 26, 2019
Sold by
Davis Frank P and Davis Sandra H
Bought by
Stephens Ronnie J
Seller's Agent
Sol Coltrane
Coltrane & Company
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$175,000
Sold Price
$125,000
Premium/Discount to List
-$50,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lexington, NC

  • Philip Barry Real Estate Agent - Lantern Realty & Development, LLC

    Philip Barry

    Responds Quickly

    Lantern Realty & Development, LLC

    (888) 606-3557

    79 Total Sales

    3 in Lexington

    $510K - $645K Price Range

    Philip Barry
     Section Image
  • Smedes Lindner Real Estate Agent - Howard Hanna Allen Tate High Point

    Smedes Lindner

    Howard Hanna Allen Tate High Point

    (743) 222-5512

    21 Total Sales

    1 in Lexington

    $263,990 Price

    Smedes Lindner
     Section Image
  • Courtney Holshouser Real Estate Agent - Sloan Realty, LLC

    Courtney Holshouser

    Sloan Realty, LLC

    (980) 305-7637

    46 Total Sales

    19 in Lexington

    $129K - $338K Price Range

    Courtney Holshouser
     Section Image
  • Ariadna Ontiveros Real Estate Agent - Crowned For Glory Real Estate

    Ariadna Ontiveros

    Crowned For Glory Real Estate

    (336) 850-9110

    56 Total Sales

    2 in Lexington

    $165K - $302K Price Range

    Ariadna Ontiveros
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  • Allison Muldovan Real Estate Agent - Keller Williams Realty Elite

    Allison Muldovan

    Keller Williams Realty Elite

    (336) 276-1391

    44 Total Sales

    1 in Lexington

    $71,000 Price

    Allison Muldovan
     Section Image
  • Ashley Brimson Hedrick Real Estate Agent - Hillcrest Realty Group

    Ashley Brimson Hedrick

    Responds Quickly

    Hillcrest Realty Group

    (336) 439-8256

    116 Total Sales

    3 in Lexington

    $83K - $355K Price Range

    Ashley Brimson Hedrick
     Section Image
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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
-- None Listed On Document
Wjh Llc $3,122,000 None Listed On Document
Davidson Land Development Llc $1,200,000 None Listed On Document
Mrt-1 Llc $322,500 None Listed On Document
Stephens Ronnie J $125,000 None Available
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
Previous Owner $244,791
Previous Owner Davidson Land Development Llc $1,220,400
Previous Owner Davidson Land Development Llc $1,000,000
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
03/27/2019 03/27/19 Sold $125,000 -28.6% $96 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/08/2018 01/08/18 For Sale $175,000 -- $135 / 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 $2,360 $199,650 $0 $0
2024 $3,399 $287,590 $0 $0
2023 $3,399 $287,590 $0 $0
2022 $3,399 $287,590 $0 $0
2021 $3,399 $287,590 $0 $0
2020 $2,568 $219,080 $0 $0
2019 $2,607 $219,080 $0 $0
2018 $2,607 $219,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 870452

Triad MLS

APN: 11-349-0-000-0010-A-0-0

North Carolina Davidson County Lexington 27292

718 Richard Rd, Lexington, NC

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Triad MLS Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data cannot be redistributed and cannot be used for any reason other than provided in the contract.

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