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$165,900 Sale Pending
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Property Description
Welcome to this classic brick ranch home in the established Myers Park neighborhood within Lexington city limits. Well cared for and thoughtfully maintained, this home offers convenient one-level living with hardwood and vinyl plank flooring, a cozy living room with gas-log fireplace, and an eat-in kitchen with smooth cooktop and dishwasher. Major updates include a roof replacement in 2023 and HVAC/furnace replacement in 2024. The full unfinished basement spans the entire footprint of the home, providing excellent storage, workshop space, or future expansion potential. Situated on a level, fenced quarter-acre lot, the property also features a patio, paved driveway, and storage building. Natural gas heat, central air, public water and sewer add everyday efficiency. Located on a public maintained road near local dining, shopping, and schools, this property presents strong appeal for owner-occupants or investors seeking long-term value and upside. Lot of potential, make this yours now!!!
Full Property Details
Full Property Details for 198 Raeford Ave
General
- Price: $165,900
- Taxes: $1,328
- Status: Pending
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1204463
- Updated: 1/6/2026
- Added to Site: 35 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Living Room
- Appliances: Microwave, Dishwasher, Free-Standing Range, Cooktop, Electric Water Heater
- Flooring: Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- 1st/Main Floor Primary: Yes
Other Rooms
- Laundry: Dryer Connection, Main Level, Washer Hookup
Additional Information
- Security/Safety: Security System, Smoke Detector(s)
Exterior
- Patio/Terrace: Yes
Parking
- Parking Features: Driveway
Location
- County: Davidson
- Subdivision: Myers Park
- Driving Directions: From Talbert Blvd. to Fairview dr. Right onto Carolina Ave. Right onto Raeford. Home is on the left.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Basement
- Drive-In Doors: Storm Door(s)
- Stories/Levels: One
- Heated/Cooled: 1,018 Sq. Ft.
- Year Built: 1956
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.246
- Lot Dimensions: 30 x 154 x 70 x 152
- Road Maintenance: Private Maintained Road
- Fence: Yes
- Lot Features: City Lot, Level, Subdivided, Sloped
- Fencing (Description): Fenced
Financial Considerations
- Price Per Acre: $674,390.2439
- Tax Amount: $1,328
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Keller Williams Realty Elite
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Schools
Schools serving 198 Raeford Ave
School District:Lexington City Schools
| Name | Grades | Distance |
|---|---|---|
South Lexington School 1000 Cotton Grove Road, Lexington, NC 27292 | PK-K | 1.2 mi |
Lexington Middle School 100 West Hemstead Street, Lexington, NC 27292 | 6-8 | 1.4 mi |
Lexington Senior High School 26 Penry Street, Lexington, NC 27292 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 198 Raeford Ave
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$165,900
-7.78%
MLS
12/13/2025
Listed
$179,900
74.66%
MLS
4/07/2020
Sold
$103,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 198 Raeford Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,328
—
$102,140
—
2024
$1,328
-1%
$102,140
—
2023
$1,338
—
$102,140
—
2022
$1,338
1%
$102,140
—
2021
$1,328
194%
$102,140
51%
2019
$452
-49%
$67,720
—
2018
$887
—
$67,720
—
2017
$887
—
$67,720
—
2016
$887
4%
$67,720
—
2015
$853
-4%
$67,720
-4%
2014
$885
—
$70,210
—
2013
$885
—
$70,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 198 Raeford Ave
198 Raeford Avenue, Lexington, NC 27292 (MLS# 1204463) is a Single Family property with 3 bedrooms and 1 full bathroom. 198 Raeford Avenue is currently listed for $165,900 and was received on December 13, 2025. Want to learn more about 198 Raeford Avenue? Do you have questions about finding other Single Family real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

