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425 Michael Road, Lexington, NC 27295
$47,500
425 Michael Road, Lexington, NC 27295View this property at 425 Michael Road, Lexington, NC 27295
425 Michael RoadLexingtonNC27295
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Property Description
BACK ON THE MARKET!!! No fault of seller. Beautiful 3 acre tract located in Davidson County. Perfect area for building your dream home. Close proximity to major highways for work, pleasure and dining. Zoned RA2, which allows for manufactured singles, doublewides, modulars or stick-built homes. Permit has expired but was successfully perked for a 4 bedroom home in 2015 (See attachment).
Full Property Details
Full Property Details for 425 Michael Rd
General
- Sold For: $47,500
- Taxes: $254
- Status: Closed
- Type: Lots/Land
- MLS ID: 1122518
- Added to Site: 214 day(s) ago
Location
- County: Davidson
- Driving Directions: From I85, north, take Belmont Road exit, turn left at ramp to Old Salisbury Road (SR 1147) turn right onto Old Salisbury Road (SR 1147), turn left onto Michael Road, to 425 Michael Road, property on left.
Lot Features
- Lot Size (Acres): 3
- Lot Dimensions: 324 x 373 x 325 x 395
- Frontage: 2-Lane
- Best Use: Multi-Family
Financial Considerations
- Price Per Acre: $15,833.3333
- Tax Amount: $254
Disclosures and Reports
- Buyer’s Brokerage Compensation: 4.5%
Listed by Price REALTORS - NC Hwy 8
Sold by Mullis Group, Inc and TMG Realty dba Mullis Group Inc
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Schools
Schools serving 425 Michael Rd
School District:Davidson County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
450 Cow Palace Rd, Lexington, NC 27295 | K-5 | 1.5 mi | |
2946 Michael Rd, Lexington, NC 27295 | 6-8 | 2.4 mi | |
200 Dragon Dr, Lexington, NC 27295 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 425 Michael Rd
Date
Details
Price
Change
Source
4/09/2024
Sold
$47,500
-34.48%
MLS
2/06/2024
Price Reduced
$72,500
-3.33%
MLS
11/01/2023
Price Reduced
$75,000
-6.25%
MLS
10/19/2023
Listed
$80,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
425 Michael Road, Lexington, NC 27295 (MLS# 1122518) is a Lots/Land property that was sold at $47,500 on April 09, 2024. Want to learn more about 425 Michael Road? Do you have questions about finding other Lots/Land real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.