NOT LISTED FOR SALE

118 Magnolia Rd Lexington, NC 27292

Estimated Value: $349,443 - $436,000

3 Beds
2.5 Baths
2,011 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $138,500 $69 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,332/month

3 Days on Market

Highlights

  • Tennis Courts
  • Attic
  • Community Pool
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of August 2012

Sprawling traditional brick home in Country Club area.3 spacious BR's, 2.5 baths,& tons of updates throughout! Beautiful hardwood floors & tile, fresh paint inside & out, new gutter, appliances, kit. cabinets & more. Recent roof, electrical & plumbing updates. Relax in the huge sunroom overlooking the brick patio and tree studded backyard. Wonderful family home ready to move in!

Last Buyer's Agent

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 158x184x159x181
  • Fenced
  • Sloped Lot
  • Cleared Lot
  • Property is zoned SN

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,011 Sq Ft Home
  • Property has 1 Level
  • Shelving
  • Ceiling Fan
  • Insulated Doors
  • Living Room with Fireplace
  • Crawl Space
  • Storm Windows
  • Dishwasher
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Tennis Courts
  • Patio
  • Porch

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

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

Listing and Financial Details

  • Tax Lot 0019B
  • Assessor Parcel Number 11341D0000019B00
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Country Club Estates Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,746

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 158x184x159x181
  • Subdivision Name: Country Club Estates
  • Directions: From W-S Hwy 52 south, to Hwy 8 south, Right on North Main Street Lexington, to East Center Street, Right on Weaver Drive, Pass Lexington Municipal Club & Golf Course, becomes Country Club Blvd. Then Right on Magnolia Road.
  • Above Grade Finished Sq Ft: 2011
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1964
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2011
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Water Heater: Gas
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Shelves, Ceiling Fan(s), Dryer Connection, Garage Door Opener(s), Laundry Room - Main Level, Washer Connection
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2011
  • Main Level Bathrooms: 3
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Fenced, Patio, Paved Drive, Tennis Court
  • Fencing: None
  • Lot Features: City Lot, Cleared, Sloped
  • Pool Features: Neighborhood Pool
  • Construction Type: Brick
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Paved Drive, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Storm Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 11341D0000019B00
  • Zoning: SN
  • TRIADMLS_DeedPage: 176
  • TRIADMLS_DeedBook: 2048

Tax Info

  • Tax Annual Amount: 2745.73
  • Tax Block: 000
  • Tax Lot: 0019B
  • Tax Map Number: 341
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Aug 28, 2012
Sold by
Jessup Johnathan
Bought by
Hurley Edward W
Buyer's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
List Price
$149,900
Sold Price
$138,500
Premium/Discount to List
-$11,400
-7.61%
Current Estimated Value
$392,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,611
Avg. Annual Appreciation
8.22%

Purchase Details

Listed on
Oct 10, 2011
Closed on
Feb 26, 2012
Sold by
State Employees Credit Union
Bought by
Jessup Jonathan
Seller's Agent
Charles Jones
Charles Jones Realty, Inc.
List Price
$145,000
Sold Price
$119,000
Premium/Discount to List
-$26,000
-17.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.46%
Original Mortgage
$119,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2011
Sold by
Mackinstry E Warren E and Mackinstry Belinda T
Bought by
State Employees Credit Union

Purchase Details

Closed on
Oct 1, 1995
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
Hurley Edward W $138,500 Chicago Title Insurance Co
Jessup Jonathan $119,000 None Available
State Employees Credit Union $146,132 None Available
-- $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jessup Jonathan $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2012 08/30/12 Sold $138,500 -7.6% $69 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $149,900 +26.0% $75 / Sq Ft
02/28/2012 02/28/12 Sold $119,000 -17.9% $59 / Sq Ft View Prior Sale
01/27/2012 01/27/12 Pending -- -- --
10/10/2011 10/10/11 For Sale $145,000 -- $72 / 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 $3,314 $254,930 $0 $0
2024 $3,314 $254,930 $0 $0
2023 $3,314 $254,930 $0 $0
2022 $3,314 $254,930 $0 $0
2021 $3,314 $254,930 $0 $0
2020 $2,710 $210,020 $0 $0
2019 $2,751 $210,020 $0 $0
2018 $2,751 $210,020 $0 $0
2017 $2,751 $210,020 $0 $0
2016 $2,751 $210,020 $0 $0
2015 $2,646 $210,020 $0 $0
2014 $2,782 $220,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Charles Jones

    Charles Jones Realty, Inc.

    11 Total Sales

    Charles Jones
    Section Image
  • Frankie Byrd

    Buyer's Agent in 2012

    Frankie Byrd

    Price REALTORS - NC Hwy 8

    (336) 239-7253

    32 in this area

    170 Total Sales

    Frankie Byrd
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 650353

Triad MLS

APN: 11-341-D-000-0019-B-0-0

North Carolina Davidson County Lexington 27292

118 Magnolia Rd, Lexington, NC

This home is located at 118 Magnolia Rd, Lexington, NC 27292 since 09 August 2012 and is currently estimated at $392,111, approximately $194 per square foot. This property was built in 1964. 118 Magnolia Rd is a home located in Davidson County with nearby schools including South Lexington School, Lexington Middle School, and Lexington Senior High School.

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