Active

$315,000

3707 Welcome Arcadia Rd, Lexington, NC 27295

3beds

2,296sqft

$1,940/mo

Get pre-qualified

Single Family Residence

Built in 1992

0.49 Acres Lot

$311,300 Zestimate^®

$137/sqft

$-- HOA

What's special

Finished basementRear deckClassic brick exteriorHardwood floorsGenerous bedrooms

INVESTOR'S DREAM! Opportunity knocks at 3707 Welcome Arcadia Road! This 3-bedroom, 3-bath brick home offers 2,296 square feet of living space with a finished basement and tremendous potential for a quick fix-and-flip or value-add investment. Unlike many investment properties, much of the heavy lifting is already behind you—this home is largely intact and ready for cosmetic updates and completion of a few unfinished projects rather than a full renovation. Hardwood floors, a spacious kitchen with island and stainless appliances, multiple living areas, fireplace, generous bedrooms and three full baths provide a strong foundation to work from. The finished lower level adds valuable living space, while the basement garage and workshop area offer additional functionality. Outside, enjoy a wooded .49-acre lot, rear deck and classic brick exterior. Bring your vision, finish what has already been started, and unlock the potential!

32 days
1,157
49

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
Main level bedrooms: 2

Primary bedroom

Level: Main

Bedroom s

Level: Main

Bedroom s

Level: Basement

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
Laundry: In Basement

Features

Basement: Basement Garage Door,Exterior Entry,Interior Entry,Partially Finished

Interior area

Total structure area: 1,542
Total interior livable area: 2,296 sqft
Finished area above ground: 1,542
Finished area below ground: 754

Video & virtual tour

Property

Parking

Total spaces: 2
Parking features: Basement, Driveway
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1

Lot

Size: 0.49 Acres

Details

Parcel number: 14003B0000010000
Zoning: RA3
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick Full

Condition

New construction: No
Year built: 1992

Utilities & green energy

Sewer: Septic Installed
Water: Public

Community & HOA

Community

Subdivision: Monticello

Location

Region: Lexington

Financial & listing details

Price per square foot: $137/sqft
Tax assessed value: $189,750
Date on market: 8/21/2026
Cumulative days on market: 32 days
Road surface type: Concrete, Paved

Estimated market value

$311,300

$296,000 - $327,000

$1,979/mo

Price history

Date	Event	Price
8/21/2026	Listed for sale	$315,000+26%$137/sqft
Source: Canopy MLS as distributed by MLS GRID #4417014 Report a problem
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	--	--
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