INVESTOR'S DREAM! Opportunity is knocking at this 3 Bdr 3Ba brick home. There's almost 2300 square ft of living space with a finished basement. There's tremendous potential for a quick Fix&Flip or value-added investment. Much of the heavy lifting is already taken care of leaving this home largely intact and ready for cosmetic updates and completion of a few unfinished projects rather than full renovation. Hardwood floors, a spacious kitchen with island and stainless appliances, multiple living areas, fireplace, generous bedrooms and three full baths which all provide a strong foundation to start working from. The finished lower level adds a valuable living space, while the basement garage and workshop area offer additional functionality. Outside, enjoy a wooded .49 acre lot, a rear deck and brick exterior. Bring your vision, finish what has been started and unlock the potential!
For sale
$270,000
3707 Welcome Arcadia Rd, Lexington, NC 27295
3beds
2,296sqft
Stick/Site Built, Residential, Single Family Residence
Built in 1992
0.49 Acres Lot
$263,800 Zestimate®
$--/sqft
$-- HOA
What's special
Rear deckBrick exteriorHardwood floorsGenerous bedroomsSpacious kitchen with islandStainless appliances
- 10 days
- 810
- 69
Zillow last checked:
Listing updated:
Listed by:
Jayne Helms 704-798-5726,
Wallace Realty Company
Source: Triad MLS,MLS#: 1240743
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Basement
Living room
- Level: Main
Heating
- Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Range, Electric Water Heater
- Laundry: In Basement
Features
- Kitchen Island
- Basement: Finished, Basement
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,296
- Total interior livable area: 2,296 sqft
- Finished area above ground: 1,542
- Finished area below ground: 754
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage, Basement, Garage Faces Side
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Pool features: None
- Fencing: None
Lot
- Size: 0.49 Acres
Details
- Parcel number: 14003B0000010000
- Zoning: RA3
- Special conditions: Owner Sale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick/Site Built, Residential, Single Family Residence
Materials
- Brick
Condition
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Monticello
HOA
- Has HOA: No
Location
- Region: Lexington
Financial & listing details
- Tax assessed value: $189,750
- Annual tax amount: $1,196
- Date on market: 10/28/2026
- Cumulative days on market: 10 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$263,800
$251,000 - $277,000
$2,100/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $270,000-14.3%$118/sqft |
Source: | ||
| 10/28/2026 | Listing removed | $315,000$137/sqft |
Source: | ||
| 8/21/2026 | Listed for sale | $315,000+26%$137/sqft |
Source: | ||
| 11/4/2022 | Sold | $250,000$109/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $189,750 |
| 2025 | $1,214 | $189,750 |
| 2024 | $1,214 | $189,750 |
| 2023 | $1,214 | $189,750 |
| 2022 | $1,214 | $189,750 |
| 2021 | $1,214 +15.2% | $189,750 +15.2% |
| 2020 | $1,054 | $164,750 |
| 2019 | -- | $164,750 |
| 2018 | $1,006 | $164,750 |
| 2017 | $1,006 | $164,750 |
| 2016 | $1,006 | $164,750 |
| 2015 | $1,006 -1.6% | $164,750 -0.1% |
| 2014 | $1,022 | $164,910 |
| 2013 | -- | $164,910 |
| 2012 | -- | $164,910 |
| 2011 | -- | $164,910 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment







