NOT LISTED FOR SALE

1027 Starboard Reach Lexington, NC 27292

Estimated Value: $814,000 - $948,000

1.57 Acres
$559,147 Price per Acre
68,389 Sq Ft Lot

Last Sold August 29, 2018

Last sale price $160,000

Est. 388% increase in value since last sale

Current estimated payment $4,574/month

116 Days on Market

About This Lot

As of August 2018

REDUCED! Motivated Seller. 1.57 Acre Waterfront Lot on High Rock Lake. Only lot left on the market in Yachtsman's Point that can have a private pier! Beautifully laying wooded lot with 210 ft of shore frontage. Peaceful and serene across from Skipjack Harbor. Your pier doesn't get beat to death by all the boat traffic. Located on the main part of the lake, so no bridges to navigate to get gas or 2 restaurants. Recent Survey & Septic ATC for 4 BRs ready to go. Agent/Owner

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $938

Lot Details

  • 1.57 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned RA1

HOA Fees

  • $67 Monthly HOA Fees

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Yachtsmans Point Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 06040B0000035
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$938

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.57
  • Lot Size: 210WF x 436 x 115 x 445
  • Road Frontage Type: 2-Lane, Private Road
  • Subdivision Name: Yachtsmans Point
  • Directions: Hwy 8 South; Right on Wildlife Rec Access Area Rd. 2nd Right onto Marvin Hedrick Rd. 1st Left onto Starboard Reach. Lot on Left.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_PhoneYN: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Subdivided, Wooded
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Septic Tank
  • Electric: Energy United
  • Water Source: Public
  • TRIADMLS_CableYN: Yes
  • Gas Company: Type: Natural Gas

Condo/Co-op/Association

  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Southmont
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Wooded Area: 68389.2
  • Parcel #: 06040B0000035
  • Zoning: RA1
  • TRIADMLS_PricePerAcre: 101910.828
  • TRIADMLS_PlatPage: 97
  • TRIADMLS_DeedPage: 1245
  • TRIADMLS_DeedBook: 2290
  • TRIADMLS_PlatBook: 30
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 938
  • Tax Lot: 35
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Leonard Matthew S
Bought by
Leonard Matthew S and Leonard Rachell A
Current Estimated Value
$780,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$396,189

Purchase Details

Closed on
Sep 24, 2021
Sold by
Kocan Michal and Kocan Christine
Bought by
Leonard Matthew S

Purchase Details

Listed on
Apr 27, 2018
Closed on
Aug 29, 2018
Sold by
Thomason Jennifer Ashley and Hutcheson William Shane
Bought by
Kocan Michal and Kocan Christian
List Price
$192,500
Sold Price
$160,000
Premium/Discount to List
-$32,500
-16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.04%

Purchase Details

Listed on
Dec 20, 2016
Closed on
Oct 26, 2017
Sold by
Lawrie Andrew J and Lawrie Sandra M
Bought by
Thomason Jennifer Ashley and Hutcheson William Shane
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.42%
Original Mortgage
$121,500
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 12, 2005
Sold by
Langworthy Homer D and Langworthy Machicko M
Bought by
Lawrie Andrew J and Lawrie Sandra M

Purchase Details

Closed on
Sep 7, 2001
Sold by
Ott David H and Ott Nancy J
Bought by
Langworthy Homer D and Langworthy Machicko

Purchase Details

Closed on
Sep 30, 1999
Bought by
Ott David H and Ott Nancy J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leonard Matthew S -- None Listed On Document
Leonard Matthew S -- None Listed On Document
Leonard Matthew S $260,000 None Available
Kocan Michal $160,000 None Available
Thomason Jennifer Ashley $135,000 None Available
Lawrie Andrew J $180,000 None Available
Langworthy Homer D $175,000 --
Ott David H $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Matthew S $500,000
Closed Leonard Matthew S $500,000
Previous Owner Thomason Jennifer Ashley $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $160,000 -16.9% --
08/22/2018 08/22/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $192,500 +42.6% --
10/26/2017 10/26/17 Sold $135,000 -10.0% --
09/08/2017 09/08/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $150,000 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,037 $460,120 $0 $0
2023 $1,089 $165,000 $0 $0
2022 $1,089 $165,000 $0 $0
2021 $1,040 $165,000 $0 $0
2020 $946 $150,000 $0 $0
2019 $960 $150,000 $0 $0
2018 $938 $150,000 $0 $0
2017 $938 $150,000 $0 $0
2016 $938 $150,000 $0 $0
2015 $938 $150,000 $0 $0
2014 $1,169 $187,000 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 885112

Triad MLS

APN: 06-040-B-000-0035-0-0-0

North Carolina Davidson County Lexington 27292

1027 Starboard Reach, Lexington, NC

This home is located at 1027 Starboard Reach, Lexington, NC 27292 since 27 April 2018 and is currently estimated at $877,861. 1027 Starboard Reach is a home located in Davidson County with nearby schools including Southmont Elementary School, Central Davidson Middle School, and Central Davidson High School.

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