NOT LISTED FOR SALE

146 Drake Ln Lexington, NC 27295

Estimated Value: $331,472 - $415,000

1.7 Acres
$216,099 Price per Acre
74,052 Sq Ft Lot

Last Sold August 17, 2016

Last sale price $26,500

Est. 1,286% increase in value since last sale

Current estimated payment $2,109/month

818 Days on Market

About This Lot

As of August 2016

REDUCED WAY BELOW TAX VALUE!!!!Two lots combined for 1.70 acres. Bring your own builder. Great North Davidson Schools and Taxes. Last Building lots left in Popular Lanie Creek Subdivision.

Last Agent to Sell the Property

Shirley Craver

Cravco Properties License #141954 Listed on: 05/16/2014

Last Buyer's Agent

Shirley Craver

Cravco Properties License #141954 Listed on: 05/16/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $211

Lot Details

  • 1.7 Acre Lot
  • Property is zoned RA3

Schools

  • North Davidson Middle School
  • North Davidson High School

Community Details

  • No Home Owners Association
  • Lanie Creek Subdivision

Listing and Financial Details

  • Tax Lot 36
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$211

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.7
  • Road Frontage Type: Easement
  • Subdivision Name: Lanie Creek
  • Directions: Old Hwy 52S, R Arnold Rd, R Leonard Rd, R Lanie Creek to Drake Lane
  • Special Features: None

Exterior Features

  • Lot Features: Subdivided

Utilities

  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Welcome
  • High School: North Davidson
  • Middle Or Junior School: North Davidson

Lot Info

  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 15588.2353
  • TRIADMLS_DeedPage: 603
  • TRIADMLS_DeedBook: 1605
  • TRIADMLS_AcresRange: 1 - 101

Tax Info

  • Tax Annual Amount: 211
  • Tax Lot: 36
  • Tax Map Number: 317G
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2018
Sold by
Wjh Llc
Bought by
Chilton Maurice W and Chilton Cathy V
Current Estimated Value
$367,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2017
Sold by
Chilton Maurice W and Chilton Cathy V
Bought by
Wjh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,700
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 31, 2010
Sold by
Davco Developers Llc
Bought by
David Settle Builders Llc
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
Chilton Maurice W $188,000 None Available
Wjh Llc $40,000 None Available
David Settle Builders Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chilton Maurice W $30,000
Open Chilton Maurice W $187,000
Closed Chilton Maurice W $22,800
Closed Chilton Maurice W $174,000
Open Wjh Llc $50,000,000
Closed Chilton Maurice W $160,000
Previous Owner Wjh Llc $141,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $26,500 -44.8% --
08/12/2016 08/12/16 Pending -- -- --
05/16/2014 05/16/14 For Sale $48,000 -- --
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 $1,331 $207,920 $0 $0
2023 $1,331 $207,920 $0 $0
2022 $1,331 $207,920 $0 $0
2021 $1,331 $207,920 $0 $0
2020 $1,188 $185,630 $0 $0
2019 $1,207 $185,630 $0 $0
2018 $255 $39,200 $0 $0
2017 $255 $39,200 $0 $0
2016 $255 $39,200 $0 $0
2015 $255 $39,200 $0 $0
2014 $370 $57,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shirley Craver

    Cravco Properties

    (336) 650-8810

    2 in this area

    12 Total Sales

    Shirley Craver
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Map

Source: Triad MLS

MLS Number: 707064

Triad MLS

APN: 11-317-G-000-0036-0-0-0

North Carolina Davidson County Lexington 27295

146 Drake Ln, Lexington, NC

This home is located at 146 Drake Ln, Lexington, NC 27295 since 16 May 2014 and is currently estimated at $367,368. 146 Drake Ln is a home located in Davidson County with nearby schools including Welcome Elementary School, North Davidson Middle School, and North Davidson High School.

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