311 W 3rd Ave, Lexington, NC 27292 Property Records

Davidson County property record for 311 W 3rd Ave, Lexington, NC 27292

Property Summary

Property Type	Garden / Court Apartments (5+ Units)
Details	7,952 sqft · built 1978
Lot Size	1.34 acres (58,705 sqft)
Owner	Company Name on File
Last Sale	$242,000 (Mar 2019)
Tax Bill	$9,170 (2026)
Deeds & Mortgages	Dec 2025 Mortgage May 2021 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`11-090-0-001-0004`

Property Details

APN / Parcel Number

Primary APN	`11-090-0-001-0004`
Alternative APN	`9258801`

Interior

Plumbing Fixtures	24 Plumbing Fixtures
Stories	2 Stories
Building Area	7,952 sqft Total Area
1st Floor Area	3,944 sqft
2nd Floor Area	3,944 sqft
Upper Floors Area	3,944 sqft
Flooring	Vinyl/Resilient
Interior Walls	Custom/Decorative
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1978
Effective Year Built	Effective 2015
Exterior Material	Brick Veneer
Construction Type	Frame
Foundation Type	Footing
Roof Type	Gable/Hip
Roof Material	Wood Shingle
Lot Area	58,705 sqft (1.34 acres)
Lot Dimensions	295 ft deep x 99 ft wide
Porch	Slab
Porch Area	64 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Account Number	9258801
Street Address	311 W 3RD AVE
City	LEXINGTON
State	NC
Zip	27292-3055
Property Category	Commercial
Property Type	Residential > Multi-Unit > Garden / Court Apartments (5+ Units)
Local Zoning Code	TN
Legal Description	PB69-99 B1 L4 BK2523-1452 W 3RD AV
Legal Subdivision	PARK PLACE
Jurisdiction	DAVIDSON NC
Township / Civil Division	LEXINGTON
Census Block Group	2
Census Block	2036
Census Tract	61300

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Lexington Residential Historic District listed 2007 · 806 contributing resources · NRIS 07000350

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

311 W 3rd Ave, a residential property, is owned by a company that bought it in March 2019.

Source: Davidson County records, as of October 16, 2026

Owner of Record	Company Name on File
Mailing Address	6401 LAMSHIRE RD, KERNERSVILLE, NC 27284-9386
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Dec 23, 2025	Deed of Trust, Mortgage · Commercial Mortgage FIRST NATIONAL BANK OF PENNSYLVANIA
May 18, 2021	Deed of Trust, Mortgage · Commercial Mortgage TRUIST BANK
Dec 30, 2021	Warranty Deed, Transfer
Aug 1, 2019	Warranty Deed, Transfer · Line of Credit BRANCH BK&TR
Mar 25, 2019	Warranty Deed, Transfer · Construction Mortgage T-II PROPERTIES INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 25, 2019 · Amount on File
Deed Sale	Mar 25, 2019 · Amount on File
Deed Document Number	20195552
Deed Book / Page	2351 / 633
Record Updated	Oct 29, 2026

December 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DAVIDSON NC
Property Address	311 W 3RD AVE, LEXINGTON, NC 27292-3055
Transaction Type	Mortgage
Record Updated	Jan 6, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0027350266
Date	Dec 23, 2025
Book Page	2735/266
Instrument	2025023720

Lender

Name	FIRST NATIONAL BANK OF PENNSYLVANIA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

May 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DAVIDSON NC
Property Address	311 W 3RD AVE, LEXINGTON, NC 27292-3055
Transaction Type	Mortgage
Record Updated	Aug 24, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0024771424
Date	May 18, 2021
Book Page	2477/1424
Instrument	2021000012211

Lender

Name	TRUIST BANK
Type	Bank
Address	LEXINGTON, NC 27292

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DAVIDSON NC
Recording Date	Dec 30, 2021
Property Address	311 W 3RD AVE, LEXINGTON, NC 27292-3055
Document Number	0025231452
Book / Page	2523 / 1452
Instrument Date	Dec 29, 2021
Instrument	2021000033173
Transaction Type	Transfer
Record Updated	Aug 24, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	311 W 3RD AVE # AVE2B, AVE2B, LEXINGTON, NC 27292-3055

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6401 LAMSHIRE RD, KERNERSVILLE, NC 27284-9386

August 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DAVIDSON NC
Recording Date	Aug 1, 2019
Property Address	309 W 3RD AVE, LEXINGTON, NC 27292-3054
Document Number	0023680184
Book / Page	002368 / 000184
Instrument Date	Aug 1, 2019
Instrument	15386
Transaction Type	Transfer
Record Updated	Aug 13, 2019
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	116 AMBERWINE CIR RICHLANDS NC 285748412, RICHLANDS, NC 28574-8412

Mortgage

Document Number	23680187
Date	Aug 1, 2019
Book Page	002368/000187
Instrument	15387

Lender

Name	BRANCH BK&TR
Type	Bank
Address	LEXINGTON, NC 27292-3417

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Mortgage

Document Number	23680217,
Date	Aug 1, 2019
Book Page	002368/000217
Instrument	15389

Lender

Name	BRANCH BK&TR
Type	Bank
Address	LEXINGTON, NC 27292-3417

Agreement

Amount	Amount on Record

March 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DAVIDSON NC
Recording Date	Mar 25, 2019
Property Address	309 W 3RD AVE, LEXINGTON, NC 27292-3054
Document Number	0023510633
Book / Page	002351 / 000633
Instrument Date	Mar 21, 2019
Instrument	5552
Transaction Type	Transfer
Record Updated	Apr 4, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$484.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	116 AMBERWINE CIR RICHLANDS NC 285748412, RICHLANDS, NC 28574-8412

Mortgage

Document Number	23510637
Date	Mar 25, 2019
Book Page	002351/000637
Instrument	5553

Lender

Name	T-II PROPERTIES INC
Address	339 S MAIN ST, LEXINGTON, NC 27292-3232

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	12 Months
Due	Mar 24, 2020

Tax Assessment & Valuation

The 2026 property tax bill for 311 W 3rd Ave was $9,170, up 0.8% from the year before.

Source: Davidson County assessment roll, as of October 16, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Davidson County
Municipality	Lexington City
Unified School District	Lexington City Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$9,170.00 (+0.77%)	$700,020 (-)	$700,020 (-) Land $11,250 Building $688,770
2025	$9,100.00	$700,020	$700,020 Land $11,250 Building $688,770
2023	$9,170.00	$700,020	$700,020 Land $11,250 Building $688,770

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 311 W 3rd Ave in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective September 1, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	6 in force
Nearby Flood Claims	2 (1989–2020)
Most Recent Claim	Aug 2020 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 311 W 3rd Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 99% of North Carolina
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF LEXINGTON serves 19,632 people · EPA ID NC0229010
Water Source	Surface water
Last State Inspection	May 2026
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Haloacetic acids resolved · Apr 2019 Total trihalomethanes resolved · Apr 2019
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 401 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Windstream Cable · DSL · Fiber in parts of the area	1,000 / 25
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30

May also be available: Hotwire Communications, T-Mobile.

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