NOT LISTED FOR SALE

116 Park Ln Lexington, NC 27292

Estimated Value: $264,000 - $300,000

3 Beds
2 Baths
3,000 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $107,000 $36 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,563/month

135 Days on Market

Highlights

  • Outdoor Pool
  • Attic
  • Porch
  • Living Room with Fireplace
  • No HOA
  • Storm Windows

About This Home

As of March 2015

Lots of house for the money!! New roof, Plenty of tile floors. 2 wood burning fireplaces, 15x30 inground pool with diving board. washer & dryer stays. Heated and cooled garage. Stick built storage building. Central Davidson Schools. Convenient to I-85. Seller has installed New HVAC system and the natural gas system also still will be able to be used if needed.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $830

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 100 x 236 x 102 x 226
  • Fenced
  • Lot Has A Rolling Slope
  • Property is zoned RS

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 2,784 Sq Ft Home
  • 2,500-3,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Home Security

  • Security Lights
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Outdoor Storage
  • Porch

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Arbor Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 0017 / 00D
  • Assessor Parcel Number 05018F00D0017000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$830

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100 x 236 x 102 x 226
  • Subdivision Name: Arbor Acres
  • Directions: Main street, to East Center street, to Right on Arbor Drive, take Left to stay on Arbor, Right on Park Lane.
  • Above Grade Finished Sq Ft: 2784
  • Architectural Style: Split Level
  • Unit Levels: One and One Half
  • Year Built: 1967
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1200 - 1500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2500 - 3000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Tile Counters
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 2784
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Rolling Slope
  • Pool Features: Private
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Fireplace(s), Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors, Storm Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Davis-Townsend
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 05018F00D0017000
  • Zoning: RS
  • TRIADMLS_PlatPage: 65
  • TRIADMLS_PlatBook: 9

Tax Info

  • Tax Annual Amount: 830.21
  • Tax Block: 00D
  • Tax Lot: 0017
  • Tax Map Number: 018
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Mar 27, 2015
Sold by
Vaitovas Mary S and Vaitovas Algirdas A
Bought by
Parsons Tina M
List Price
$114,995
Sold Price
$107,000
Premium/Discount to List
-$7,995
-6.95%
Current Estimated Value
$277,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,745
Avg. Annual Appreciation
9.24%
Original Mortgage
$105,061
Outstanding Balance
$82,688
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$196,232

Purchase Details

Closed on
May 1, 1990

Purchase Details

Closed on
Nov 1, 1986

Purchase Details

Closed on
Mar 1, 1979

Purchase Details

Closed on
Jun 1, 1977
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Parsons Tina M $107,000 None Available
-- $61,500 --
-- $40,000 --
-- $45,000 --
-- $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Tina M $105,061
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $107,000 -7.0% $43 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $114,995 -- $46 / Sq Ft
Source: Triad MLS

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 $1,070 $162,170 $0 $0
2024 $1,022 $162,170 $0 $0
2023 $1,022 $162,170 $0 $0
2022 $1,022 $162,170 $0 $0
2021 $1,022 $162,170 $0 $0
2020 $798 $126,660 $0 $0
2019 $798 $126,660 $0 $0
2018 $798 $126,660 $0 $0
2017 $798 $126,660 $0 $0
2016 $798 $126,660 $0 $0
2015 $777 $126,660 $0 $0
2014 $826 $135,440 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 721639

Triad MLS

APN: 05-018-F-00D-0017-0-0-0

North Carolina Davidson County Lexington 27292

116 Park Ln, Lexington, NC

Not Listed for Sale

Detached

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