NOT LISTED FOR SALE

7957 E Old Us Highway 64 Lexington, NC 27292

Estimated Value: $1,097,000 - $1,132,340

5 Beds
4.5 Baths
8,100 Sq Ft
$138/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $900,000 $111 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,641/month

149 Days on Market

Highlights

  • Barn
  • 19.49 Acre Lot
  • Georgian Architecture
  • Horses Allowed On Property
  • Keeping Room with Fireplace
  • Wood Flooring

About This Home

As of November 2022

Custom Built Georgian Style Home with 7672 heated square feet! Rural farming area located 20 minutes from Asheboro,Lexington & High Point. 30 minutes from Greensboro & 45 minutes from Charlotte yet secluded on 19 serene acres and graced with Loblolly Pine Trees.Black galaxy granite counter tops,2 dishwashers,double oven,ceramic glass top stove,large walk in pantry.Features 5 wood burning fireplaces in the Primary Bedroom/Formal Living Room/Keeping Room/2 Upstairs Bedrooms as well as 2 laundry rooms (main level and upstairs), private staircase from Primary Bedroom to Upstairs Office, Private Entrance to Upstairs from Garage, Water Heater on Each Floor, 10' ceilings on first floor/9' ceilings on second floor,4' wide hallways, 800 square foot unfinished walk up attic. Exterior features are a 36x35 detached work shop & extra 16x36 concrete pad, raised garden beds & a small fenced pasture. Red Oak Flooring (some with walnut banding),Pine Flooring in Bonus Room over Garage & Upstairs Office.

Last Agent to Sell the Property

Karen Allred

Allred & Company, REALTORS License #176694 Listed on: 05/03/2022

Last Buyer's Agent

Mitchell Mullis

Keller Williams Realty License #294902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,639

Year Built

  • Built in 2004

Lot Details

  • 19.49 Acre Lot
  • Fenced
  • Property is zoned RA

Parking

  • 4 Car Attached Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 7,672 Sq Ft Home
  • 6,900-8,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Keeping Room with Fireplace
  • 5 Fireplaces
  • Permanent Attic Stairs

Kitchen

  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Laundry

  • Laundry on upper level
  • Second Washer
  • Dryer Hookup
  • Second Dryer Hookup
  • Second Washer Hookup

Schools

  • Uwharrie Charter Academy Middle School
  • Southwestern Randolph High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6782832669; 6782839832
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,639

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 19.49
  • Subdivision Name: None
  • Directions: From Randolph County: South on Archdale Road, right at fork onto Hoover Hill Road, right on Lake Park Drive, right on Highway 64, left on Old Highway 64, house on left with black gated driveway just past Ross Wood Road (No Real Estate Sign in Yard)
  • Above Grade Finished Sq Ft: 7672
  • Architectural Style: Georgian
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 6900 - 8100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Double Oven, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Keeping Room, Living Room, Primary Bedroom, See Remarks
  • Fireplaces: 5
  • Living Area: 7672
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • Attic Description: Floored Attic, Permanent Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Lighting, Garden
  • Fencing: Fenced
  • Lot Features: Horses Allowed
  • Pool Features: None
  • Exclusions: 2 Godin Wood Stoves, Drapery And Hardware, 2 Sets Of Washers & Dryers, Wall Mirrors Except Those In Bathrooms Over Sinks, Landscape Statues & Other Yard Decor, Red Building/Shed In Backyard
  • Construction Type: Brick
  • Other Structures: Barn(s)
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Driveway, Garage, Gravel, Paved, Circular Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, Laundry Room - 2nd Level, Main Level, Washer Hookup
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tabernacle
  • High School: Southwestern Randolph
  • Middle Or Junior School: Uwharrie Charter Academy

Lot Info

  • Parcel #: 6782832669; 6782839832
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 46177.5269
  • TRIADMLS_PlatPage: 73,26
  • TRIADMLS_DeedPage: 1808,938
  • TRIADMLS_DeedBook: 1757,2393
  • TRIADMLS_PlatBook: 76,128
  • TRIADMLS_AcresRange: 18 - 20

Tax Info

  • Tax Annual Amount: 5639
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.7552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Nov 28, 2022
Sold by
Timothy Turner Gory and Deweese Billie
Bought by
Mustafa Nabil N
Seller's Agent
Karen Allred
Allred & Company, REALTORS
Buyer's Agent
Mitchell Mullis
Keller Williams Realty
List Price
$1,500,000
Sold Price
$900,000
Premium/Discount to List
-$600,000
-40%
Views
6
Current Estimated Value
$1,114,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,780
Avg. Annual Appreciation
6.87%
Original Mortgage
$647,200
Outstanding Balance
$575,447
Interest Rate
5%
Mortgage Type
Balloon
Estimated Equity
$505,660

Purchase Details

Closed on
Mar 27, 2002
Bought by
Turner George T Deweese Billie
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
Mustafa Nabil N $900,000 --
Turner George T Deweese Billie $65,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mustafa Nabil N $647,200
Previous Owner Turner George Timothy $720,000
Previous Owner Turner George Timothy $230,000
Previous Owner Turner George Timothy $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $900,000 -40.0% $130 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $1,500,000 -- $217 / 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 $6,948 $1,116,100 $133,890 $982,210
2023 $6,948 $1,116,100 $133,890 $982,210
2022 $5,510 $729,170 $84,110 $645,060
2021 $5,510 $729,170 $84,110 $645,060
2020 $5,388 $712,930 $84,110 $628,820
2019 $5,384 $712,930 $84,110 $628,820
2018 $5,529 $706,590 $73,760 $632,830
2016 $5,355 $706,594 $73,760 $632,834
2015 $5,373 $706,594 $73,760 $632,834
2014 -- $706,594 $73,760 $632,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1068079

Triad MLS

APN: 6782-83-2669