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205 Placid Park, Lexington, NC, 27295

4beds
2baths
1,782sqft
$283,305
$159price/sqft
$1,841/moest. monthly cost
$73,640/yrincome needed

About This Home

What a deal, low price Davidson County Townhome living! Low maintenance and convenient location. Hardly any steps. Main level primary, and a bonus area for grands. Or, make it an office, craft room, she shed, main cave or 4th bedroom! Overall, a wonderful floor plan with 3 bedrooms on the main level, main-level garage, too.USDA 100% financing available.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

3/10
Welcome ElementaryGrades PK-50.9 mi
9/10
North Davidson MiddleGrades 6-80.9 mi
6/10
North Davidson HighGrades 9-120.7 mi

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Slab
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Stick/Site Built,Residential,Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Exhaust Fan,Free-Standing Range,Electric Water Heater
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2

Features

  • Great Room,Dead Bolt(s)
  • Flooring: Carpet,Vinyl
  • Attic: Pull Down Stairs
  • Finished area above ground: 1,782

Heating & Cooling

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

Interior Area

  • Total structure area: 1,782
  • Total interior livable area: 1,782 sqft

Property

Details

  • Parcel number: 11308K0000003000
  • Zoning: PDH
  • Special condition: Owner Sale

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 0.10 Acres
  • Features: City Lot,Near Public Transit,Not in Flood Zone

Parking

  • Total spaces: 2
  • Parking features: Garage,Driveway,Garage Door Opener,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

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 $1,432$17,184
Home Insurance *$102$1,224
Property Taxes $107$1,284
Electricity $200$2,405
Total$1,841$22,092
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,120/yr
40% on housing$55,230/yr
45% on housing$49,093/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

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 27295$145
Davidson County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 27295$168
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
2026-05-02Listed for sale$292,067
2026-05-02Listing removed$301,100
2026-03-02Price change$301,100
2025-12-31Price change$310,400
2025-10-02Listed for sale$320,000
2018-01-17Sold$134,190
2017-03-16Listing removed$137,990
2016-10-19Listed for sale$137,990

For Sale by Agent

AgentDan Rath
BrokerageHoward Hanna Allen Tate - Winston Salem

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