$313,500
SOLD JUL 31, 2025

116 Madison Meadows Ln Lexington, NC 27292

3 Beds
2 Baths
1,556 Sq Ft
0.7 Acres

Recently Sold

$201 Per Sq Ft

2% Below List Price

50 Days on Market

Highlights

  • Wooded Lot
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Corner Lot
  • No HOA
  • Central Air

About This Home

As of July 2025

Move-in ready and feels like new! This beautiful one-level home offers effortless living with a desirable split-bedroom floor plan, perfect for privacy and functionality. The open-concept living areas feature durable luxury vinyl plank flooring and a soaring vaulted ceiling, creating a bright and spacious atmosphere. The kitchen is a true highlight with abundant cabinetry, granite countertops, and plenty of prep space—ideal for cooking and entertaining. The primary suite is a relaxing retreat with a double sink vanity, garden tub, separate walk-in shower, and a large walk-in closet. Situated on a corner lot at the end of a quiet cul-de-sac, this home offers added privacy and room to enjoy the outdoors. No HOA means more freedom and flexibility. Conveniently located just minutes from shopping, dining, and only 3.6 miles to Buddle Creek access at High Rock Lake—perfect for boating, swimming, and outdoor fun.

Last Agent to Sell the Property

Amanda Heath

Berkshire Hathaway HomeServices Carolinas Realty License #235225 Listed on: 05/02/2025

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Carley Mann

RE/MAX Realty Consultants License #229142

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,413

Year Built

  • Built in 2021

Lot Details

  • 0.7 Acre Lot
  • Corner Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RA1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,556 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Parks Meadows Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 15018B0000009
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,413

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Subdivision Name: Parks Meadows
  • Directions: From E Old Hwy 64 take a Right onto Becks Church Road, Turn Left onto NC-47 E, Continue Straight onto Bethany Rd, Turn Right onto Parks Meadow Dr and then turn Right onto Madison Meadows Lane.
  • Above Grade Finished Sq Ft: 1556
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2021
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_LandDescription: Corner, Partially Cleared, Wooded
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Free-Standing Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Separate Shower, Solid Surface Counter
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1556
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Corner Lot, Partially Cleared, Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 15018B0000009
  • Zoning: RA1
  • TRIADMLS_PricePerAcre: 447857.1429
  • TRIADMLS_DeedPage: 2398
  • TRIADMLS_DeedBook: 2531

Tax Info

  • Tax Annual Amount: 1413.03
  • Tax Lot: 9
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jul 22, 2025
Sold by
Welch Rustan Eric and Madison Ann
Bought by
Pitts Shanta R
Seller's Agent
Amanda Heath
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Carley Mann
RE/MAX Realty Consultants
List Price
$319,900
Sold Price
$313,500
Premium/Discount to List
-$6,400
-2%
Views
163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.18%
Original Mortgage
$316,666
Outstanding Balance
$316,666
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$3,114
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $313,500 None Listed On Document
Warranty Deed $313,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,666 New Conventional
Closed $316,666 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $313,500 -2.0% $201 / Sq Ft
06/21/2025 06/21/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $319,900 +18.0% $206 / Sq Ft
02/17/2022 02/17/22 Sold $270,999 +2.7% $208 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $263,999 -- $203 / Sq Ft
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 $1,413 $220,700 $0 $0
2023 $1,413 $220,700 $0 $0
2022 $1,413 $220,700 $0 $0
2021 $160 $25,000 $0 $0
2020 $160 $25,000 $0 $0
2019 $163 $25,000 $0 $0
2018 $163 $25,000 $0 $0
2017 $163 $25,000 $0 $0
2016 $163 $25,000 $0 $0
2015 $163 $25,000 $0 $0
2014 $163 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1179465

Triad MLS

APN: 15-018-B-000-0009-0-0-0