Coming Soon

340 Payne Rd, Lexington, NC, 27295

$298,000

Home List Price

$3,539*

Closing Credit

3 Bedrooms
1 Full Bath
1,730 SqFt
$172/SqFt
House

Location

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340 Payne Rd, Lexington$298,000

Buyer Closing Credits

$3,539*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Paved, Attached, Garage Faces Front
Attached Garage1 space
Year Built1957
HeatingDual System, Forced Air, Electric, Oil
CoolingCentral Air
BasementYes
MLS #1163105
Lot Size1.11 Acres
StatusComing Soon

About 340 Payne Rd

Updated and well maintained 3 Bed/1 Bath brick ranch sitting on just over 1-acre. One level living with functional floor plan. Located in the heart of Northern Davidson County within the Northwest Elementary and North Davidson High/Middle school district. Excellent location with easy access to HWY-52 and HWY-150. Plenty of shopping and dining options only minutes away. Low Davidson County Taxes! Spacious level yard in rural country setting. Updated kitchen with granite countertops, refaced cabinets, and new appliances. Large dining room for family and friends to gather. Additional updates have been done over the last several years that include water heater, AC unit, interior/exterior doors and new septic tank with tail lines. Original hardwoods have been refinished throughout the home to show their true beauty. Brand new roof in 2024. The full unfinished basement offers plenty of additional storage/flex space. Don't miss this one! Showings start November 21st

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1957
  • Living Area: 1,730 SqFt

Listing Office:

  • Office Name: United Country Carolina Properties
  • Office Phone: (704) 433-2395
  • Listing Agent: Trey Swicegood

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Solid Surface Counter, Central Vacuum

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, Paved, Attached, Garage Faces Front

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 1.11 Acres

Utilities

Utilities Information:

  • Heating: Dual System, Forced Air, Electric, Oil
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From old US Hwy 52. Right onto Enterprise Rd., Right onto Payne Rd., property on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $298,000
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $1,111
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lexington, NC.

Med. Sold Price

$288.5K

Med. Price/SqFt

$162

Avg. Days On Market

44

# of Sold Homes

105

340 Payne Rd vs Lexington

$298,000

+$9.4K More

$172/SqFt

+$10 More

KEY TAKEAWAY

This property is $9.4K more than the Median Sold Price and $10/SqFt more than other homes in Lexington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1163105

Listing Office:

  • Office Name: United Country Carolina Properties
  • Office Phone: (704) 433-2395
  • Listing Agent: Trey Swicegood

IDX Copyright © 2024 Triad Multiple Listing Service, 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 displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 9:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 01, 2004Home Sold
$129,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,111$174,160
2020$905$141,920
2019$919$141,920
2018$919$141,920
2017$919$141,920

History based on county public records data.

Payment Calculator

$1,555

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$960

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-722087
4
/10
  • Midway Elementary School

  • 318 Midway School Rd

  • 2.22 miles

  • Public District Grades KG-5

school-card-donut-722088
4
/10
  • Northwest Elementary School

  • 400 NW Elementary Rd

  • 2.71 miles

  • Public District Grades KG-5

school-card-donut-722089
3
/10
  • Welcome Elementary School

  • 5701 Old US Highway 52

  • 3.12 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,287. Residents of Lexington, NC typically earn between $35k-100k each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 340 Payne Rd

What is the listing price of this property?

The listing price of 340 Payne Rd property is $298,000.

What type of property is this?

The property 340 Payne Rd is a house located in Lexington, North Carolina, 27295.

Is this property for sale now?

Coming Soon: 340 Payne Rd is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,111 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 1, 2004 for $129,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 340 Payne Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 340 Payne Rd is 1,730 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 340 Payne Rd is 1957.

Rocket HomesNorth CarolinaDavidson CountyLexington27295340 Payne Rd

This home is located at 340 Payne Rd in Lexington, NC and zip code 27295. This 1,730 square foot home, which was built in 1957, sits on a 1.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $298,000.

Lexington, NC housing market in October 2024 saw over 14 listings sold above listed price, more than 45 sold at listed price and over 46 sold below. In October 2024 in Lexington, NC there were 0.4% less homes for sale than in September 2024. While the average time on the market in October 2024 was 44 days, the median list price was $288,532.

From Rocket Homes Real Estate and based on county public records data.

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