NOT LISTED FOR SALE

116 Magnolia Rd Lexington, NC 27292

Estimated Value: $417,855 - $603,000

4 Beds
3.5 Baths
3,900 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $312,000 $80 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,974/month

148 Days on Market

Highlights

  • Great Room with Fireplace
  • Attic
  • No HOA
  • Wood Flooring
  • Solid Surface Countertops
  • Porch

About This Home

As of September 2020

A REAL CHARMER FOR SURE: THIS 4 BED 3.5 BATH BRICK HOME LOCATED IN THE PRESTEGIOUS COUNTRY CLUB. MOVE IN READY!! BEAUTIFUL KITCHEN, ALL APPLIANCES REMAIN.. GREAT ROOM WITH BEAUTIFUL STONE F/P, WITH ATTACHED SUNROOM OVERLOOKING BRICK PATIO WITH GURGLING WATER FEATURE, GEORGOUS LANDSCAPE AND MANICURED YARD. SEPARATE LIVING ROOM FOR ALL OF THE SPACE YOU COULD NEED. SECOND LEVEL HAS OFFICE, BEDROOM, FULL BATH. STORAGE GALORE IN THE FLOORED WALK IN ATTIC.

Last Agent to Sell the Property

Becky Hege

Price REALTORS License #194096 Listed on: 03/12/2020

Co-Listed By

Kara Harper

Price REALTORS License #293888

Last Buyer's Agent

McKenzie Ziegler

Village Realty License #313240

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,853

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 151 x 186 x 150.17 x 184
  • Level Lot
  • Cleared Lot
  • Property is zoned SN

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,650 Sq Ft Home
  • 3,200-3,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11341D0000018B
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,853

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 151 x 186 x 150.17 x 184
  • Co List Office Mls Id: WATC07
  • Co List Office Phone: 336-283-0983
  • Subdivision Name: None
  • Directions: From Downtown Lexington take E Center Street to Right on Weaver Dr. , Continue Past Golf Club and Tennis Courts then turn Right on Magnolia, House on Left, Sign in Yard
  • Above Grade Finished Sq Ft: 3650
  • Architectural Style: Ranch
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1966
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3200 - 3900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Range Hood, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Solid Surface Counter
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room, Living Room
  • Fireplaces: 2
  • Living Area: 3650
  • Main Level Bathrooms: 3
  • Attic Description: Partially Floored
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Lighting
  • Fencing: None
  • Lot Features: City Lot, Near Public Transit, Cleared, Level, Partially Cleared, Sloped
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 11341D0000018B
  • Zoning: SN
  • TRIADMLS_DeedPage: 0927
  • TRIADMLS_DeedBook: 2106
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 3853
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Sep 8, 2020
Sold by
Carson James Alan and Carson Deborah P
Bought by
Mills Brain S and Mills Christine L
Seller's Agent
Becky Hege
Price REALTORS
Buyer's Agent
McKenzie Ziegler
Village Realty
Sold Price
$312,000
Current Estimated Value
$502,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,464
Avg. Annual Appreciation
9.75%
Original Mortgage
$284,731
Outstanding Balance
$252,680
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$249,784

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 14, 2013
Sold by
Harris Charlotte Regina
Bought by
Carson James Alan and Carson Deborah P
List Price
$330,000
Sold Price
$295,000
Premium/Discount to List
-$35,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%
Original Mortgage
$280,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2013
Sold by
Jesse Gordon Wright Revocable Trust
Bought by
Harris Charlotte Regina Cissel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.35%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 30, 2008
Sold by
Young Katherine G
Bought by
Harris Thomas E and Harris Charlotte R

Purchase Details

Closed on
Mar 1, 2007
Sold by
Young Julius Smith
Bought by
Young Katherine Garrity

Purchase Details

Closed on
Feb 22, 2006
Sold by
Sebesan Dennis J and Sebesan Ann Breeze
Bought by
Young Julian S and Young Kathy G

Purchase Details

Closed on
May 1, 1996

Purchase Details

Closed on
May 1, 1991
Source: Public Records

Range of Values:

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Average Value
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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
Mills Brain S $312,000 None Available
Carson James Alan $295,000 None Available
Harris Charlotte Regina Cissel $220,000 None Available
Harris Thomas E $230,000 None Available
Young Katherine Garrity -- None Available
Young Julian S $275,000 None Available
-- $200,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Brain S $284,731
Previous Owner Carson James Alan $280,250
Previous Owner Harris Charlotte Regina Cissel $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2020 09/14/20 Sold $312,000 +5.8% $98 / Sq Ft
06/14/2013 06/14/13 Sold $295,000 -10.6% $82 / Sq Ft View Prior Sale
04/26/2013 04/26/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $330,000 -- $92 / 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
2025 $4,071 $313,120 $0 $0
2024 $4,071 $313,120 $0 $0
2023 $4,071 $313,120 $0 $0
2022 $4,071 $313,120 $0 $0
2021 $4,071 $313,120 $0 $0
2020 $3,795 $294,100 $0 $0
2019 $947 $294,100 $0 $0
2018 $3,853 $294,100 $0 $0
2017 $3,853 $294,100 $0 $0
2016 $3,853 $294,100 $0 $0
2015 $3,706 $294,100 $0 $0
2014 $3,387 $268,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 969034

Triad MLS

APN: 11-341-D-000-0018-B-0-0