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307 Washburn St, Lexington, NC, 27292

2beds
1baths
864sqft
$169,900
$197price/sqft
$1,323/moest. monthly cost
$52,920/yrincome needed

About This Home

PRICE REDUCTION!! Quaint 2-bedroom 1-bath home, conveniently located in Lexington, close to restaurants, shopping, hospital and major highways. The home was renovated two years ago; the previous owner installed a new roof, new HVAC system, and a fully remodeled bathroom. The home has a large eat-in kitchen with stainless steel appliances and a stackable washer and dryer, which will convey. Extra large lot, plenty of space for a storage building!

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

--
South Lexington SchoolGrades PK-K0.6 mi
4/10
Lexington Middle SchoolGrades 6-82.3 mi
2/10

Construction

Condition

  • Year built: 1953

Materials

  • Construction materials: Aluminum Siding,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Stick/Site Built,Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Electric Water Heater
  • Laundry features: Dryer Connection,Main Level,Washer Hookup

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Flooring: Laminate
  • Finished area above ground: 864

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 864
  • Total interior livable area: 864 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 116700500151
  • Zoning: TN
  • Special condition: Owner Sale

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Features: City Lot,Cleared,Not in Flood Zone
  • Lot size dimensions: 100 x 150

Parking

  • Total spaces: 1
  • Parking features: Carport,Attached Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Strong Wind
Tornado
Winter Weather
Hail
Hurricane
Lightning

FEMA Declared Disasters in Davidson County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $859$10,308
Home Insurance *$78$936
Property Taxes $186$2,232
Electricity $200$2,405
Total$1,323$15,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,360/yr
40% on housing$39,690/yr
45% on housing$35,280/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$197This listing

vs Other Active Listings

Avg $/sqft

ZIP 27292$175
Davidson County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 27292$159
Davidson County$172

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-27Price change$175,000
2026-01-16Listed for sale$180,000
2024-01-19Sold$167,500
2023-11-30Pending sale$174,900
2023-11-28Listed for sale$174,900
2023-11-21Pending sale$174,900
2023-06-01Sold$75,000
2017-08-04Sold$20,000
2009-06-02Listing removed$49,500
2009-03-01Listed for sale$49,500

For Sale by Agent

AgentRobin Brady
BrokerageWelcome Home Realty

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