NOT LISTED FOR SALE

185 Spring Lake Ct Lexington, NC 27295

Estimated Value: $401,000 - $475,000

3 Beds
2.5 Baths
2,600 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2021

Last sale price $355,000 $137 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,506 / mo

13 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • No HOA
  • Partially Wooded Lot
  • Wood Flooring
  • Gazebo

About This Home

As of April 2021

Incredible opportunity in Oak Grove school district. Situated on a cul-de-sac lot on almost a full acre of level, usable land, you will find this gorgeous traditional home that checks every box on your list. Enter the home and be welcomed by a gorgeous foyer with soaring ceilings and natural light pouring in from the large windows. The main level features beautiful hardwood floors, updated kitchen with granite counters and new barely-used appliances, a sunroom/office space, and a spacious living room with bay window. Generous primary suite features a double tray ceiling, separate tub and shower, and lovely quartz countertops. Basement has been professionally reconfigured to fit two cars in the basement garage, plus a finished bonus room for all your hobbies. Outside is pure serenity featuring a covered screened porch with a patio below overlooking the large fenced yard, koi pond with living koi, manicured yard with rose bushes and other flowering plants. Schedule your showing today!

Last Agent to Sell the Property

Ashley Lay

Keller Williams Realty Elite License #241871 Listed on: 02/10/2021

Keller Williams Realty Elite

Last Buyer's Agent

Stephanie Manning

Berkshire Hathaway HomeServices Yost & Little Realty License #321146

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1994

Lot Details

  • 37,462 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RA1

Parking

  • 2 Car Garage
  • Basement Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,406 Sq Ft Home
  • 2,100-2,600 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub
  • Separate Shower

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Gazebo
  • Porch

Schools

  • Oak Grove Middle School
  • Oak Grove High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Meadow Lily Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 03011F0000028000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1994

Lot Details

0.86 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.86
  • Subdivision Name: Meadow Lily
  • Directions: Hwy 150 toward Arcadia, turn left onto Meadowlark Dr, turn right onto Terrace Dr, turn left onto Spring Lake Ct, destination on the left.
  • Above Grade Finished Sq Ft: 2406
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1994
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 300 - 500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry, Separate Shower, Vaulted Ceiling(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2406
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden, Remarks
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Level, Partially Cleared, Partially Wooded
  • Pool Features: None
  • Exclusions: Curtains, Refrigerator, Washer, Dryer, Security System (Including Window Sensors) & Kitchen Cart/Island.
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Gazebo
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Basement, Garage Faces Side
  • Garage Description: Basement Garage, Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Friedberg
  • High School: Oak Grove
  • Middle Or Junior School: Oak Grove

Lot Info

  • Parcel #: 03011F0000028000
  • Zoning: RA1
  • TRIADMLS_PlatPage: 2
  • TRIADMLS_PlatBook: 23
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1626
  • Tax Lot: 28
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 12, 2021
Sold by
Faulkner Gary J and Faulkner Michelle L
Bought by
Bean Monica Cora and Bean Robert Edward
Seller's Agent
Ashley Lay
Keller Williams Realty Elite
Buyer's Agent
Stephanie Manning
Berkshire Hathaway HomeServices Yost & Little Realty
Sold Price
$355,000
Current Estimated Value
$444,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,024
Avg. Annual Appreciation
4.55%
Original Mortgage
$309,700
Outstanding Balance
$279,170
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$164,854

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 20, 2018
Sold by
Woodruff Jonathan A and Woodruff Sheila C
Bought by
Faulker Gary J and Bolles Michelle L
Seller's Agent
Christi Pitrelli
Local R.E. Inc.
Buyer's Agent
Henry Edwards
Redfin Corporation
List Price
$299,900
Sold Price
$281,500
Premium/Discount to List
-$18,400
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$225,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1994

Purchase Details

Closed on
Dec 1, 1993

Purchase Details

Closed on
May 1, 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bean Monica Cora $355,000 None Available
Faulker Gary J $281,500 Chicago Title Insurance Co
-- $20,500 --
-- -- --
-- $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Monica Cora $309,700
Previous Owner Faulker Gary J $225,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 Sold $355,000 +26.1% $169 / Sq Ft
08/30/2018 08/30/18 Sold $281,500 -6.1% $108 / Sq Ft View Prior Sale
07/26/2018 07/26/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $299,900 -- $115 / 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 $1,824 $289,300 $0 $0
2024 $1,824 $289,300 $0 $0
2023 $1,824 $289,300 $0 $0
2022 $1,824 $289,300 $0 $0
2021 $1,601 $254,030 $0 $0
2020 $1,355 $214,970 $0 $0
2019 $1,333 $214,970 $0 $0
2018 $1,326 $213,810 $0 $0
2017 $1,326 $213,810 $0 $0
2016 $1,326 $213,810 $0 $0
2015 $1,326 $213,810 $0 $0
2014 $1,360 $219,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1011152

Triad MLS

APN: 03-011-F-000-0028-0-0-0

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