Immaculately maintained, one level, all brick, 3 bed/2 baths, with just enough of everything to make everyone happy! This home is located conveniently off Hwy 150 in the Arcadia community, close to grocery stores and shopping but still able to capture the rural feel of the community. Much like Goldilocks, this home’s size is just right: large enough to downsize and not feel cramped, yet small enough not to overwhelm a new homeowner! Built in bookshelf beside the stacked stone fireplace provides custom detail, and welcomes you to a spacious, grand, living area. Composite decking and vinyl handrails provide a maintenance free outdoor living space and empties out onto the flat backyard, perfect for entertaining! Northwest Elementary, North Davidson Schools. Open house on Sunday, April 28, 2-4pm
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1976
Listing Office:
Office Name: Southern Signature Properties
Office Phone: (336) 422-7820
Listing Agent: Alison Sink
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Water Heater
Basement: No
Flooring Type: Carpet, Laminate
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Driveway, Garage, Attached
Lot Features
Lot Information:
Lot Size: 0.51 Acres
Utilities
Utilities Information:
Heating: Heat Pump, Electric
Cooling: Central Air
Other
Directions Information:
Directions: HWY 150S to left on Welcome Arcadia Rd. House on left.
Price Information
Listing Price Info
Price Summary:
List Price: $300,000
Price Per SqFt: $203 - $256/SqFt
Tax Information:
Annual Amount: $914
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lexington, NC.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,565
Per Month
Principal & Interest
$1,498
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$966
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Northwest Elementary School
400 NW Elementary Rd
Distance between this listing and this school0.25 miles
Public District Grades PK-5
5
/10
Welcome Elementary School
5701 Old Hwy 52
Distance between this listing and this school3.75 miles
Public District Grades PK-5
7
/10
Friedberg Elementary School
1131 Friedberg Church Rd
Distance between this listing and this school3.89 miles
Public District Grades PK-5
Nearby Schools
8
/10
North Davidson Middle School
333 Critcher Dr
Distance between this listing and this school3.55 miles
Public District Grades 6-8
4
/10
Flat Rock Middle School
4648 Ebert Rd
Distance between this listing and this school4.66 miles
Public District Grades 6-8
8
/10
William Ellis Middle School
144 William Ellis Dr
Distance between this listing and this school5.69 miles
Public District Grades 6-8
Nearby Schools
9
/10
Davidson Early College
297 Dccc Rd
Distance between this listing and this school5.06 miles
Public District Grades 9-12
6
/10
North Davidson High School
7227 Old Us Highway 52
Distance between this listing and this school6.99 miles
Public District Grades 9-12
3
/10
Lexington Senior High School
26 Penry St
Distance between this listing and this school8.17 miles
The neighbors living near this home have an average income of $64,876. Residents of Lexington, NC typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3986 Welcome Arcadia Rd
What is the listing price of this property?
The listing price of 3986 Welcome Arcadia Rd property is $300,000.
What type of property is this?
The property 3986 Welcome Arcadia Rd is a house located in Lexington, North Carolina, 27295.
Is this property for sale now?
Sale Pending: 3986 Welcome Arcadia Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $914 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 21, 2013 for $126,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3986 Welcome Arcadia Rd has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 3986 Welcome Arcadia Rd is 1200 - 1500 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3986 Welcome Arcadia Rd is 1976.
This home is located at 3986 Welcome Arcadia Rd in Lexington, NC and zip code 27295. This home was built in 1976. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $300,000.
In April 2024 more than 11 listings in Lexington, NC were sold above the asking price. During the same period more than 37 listings were sold at asking price, while more than 42 were sold below. The inventory of homes for sale in Lexington, NC between March 2024 and April 2024 increased by 5.2%. The median list price of listings available in April 2024 was $282,115, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.