NOT LISTED FOR SALE

199 Drake Ln Lexington, NC 27295

Estimated Value: $338,078 - $479,000

3 Beds
2.5 Baths
2,300 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $349,900 $152 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,142/month

16 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Porch
  • North Davidson Middle School Rated 9+
  • Cul-De-Sac
  • Central Air

About This Home

As of March 2023

Motivated Sellers. Bring all offers! Welcome to the market this beautifully maintained cape cod in the desired North Davidson District. Featuring primary bedroom on the main floor with two additional spacious bedrooms upstairs. Enjoy the quiet cul-de-sac on your covered rocking chair front porch. This home also features a finished basement that is heated and cooled for endless possibilities!

Last Agent to Sell the Property

Alicia 'Lindsey' Todd

Local R.E. Inc. License #338925 Listed on: 02/04/2023

Last Buyer's Agent

Andy Hatfield

Carolina Home Partners by eXp Realty License #340555

Carolina Home Partners by eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 2007

Lot Details

  • 0.73 Acre Lot
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned RA3

Parking

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

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,141 Sq Ft Home
  • 1,900-2,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lanie Creek Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 11317G0000028
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,347

Year Built

Built in 2007

Lot Details

0.73 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Subdivision Name: Lanie Creek
  • Directions: Get on US-52 S, take exit 92 toward Lexington, L onto Old U.S. Hwy 52, R on Arnold Rd, R onto Leonard Rd, R onto Lanie Creek Dr, L onto Drake Ln. second house on L.
  • Above Grade Finished Sq Ft: 2141
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2007
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 300 - 500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Concrete, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower
  • Has Basement: Finished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2141
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Cul-De-Sac
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 11317G0000028
  • Zoning: RA3
  • TRIADMLS_PlatPage: 36
  • TRIADMLS_PlatBook: 48
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1346.93
  • Tax Lot: 28
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 27, 2023
Sold by
Todd Mitchell W and Todd Alicia L
Bought by
Robbins Jared and Robbins Courtney
Seller's Agent
Alicia 'Lindsey' Todd
Local R.E. Inc.
Buyer's Agent
Andy Hatfield
Carolina Home Partners by eXp Realty
List Price
$355,000
Sold Price
$349,900
Premium/Discount to List
-$5,100
-1.44%
Views
82
Current Estimated Value
$390,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,370
Avg. Annual Appreciation
3.74%
Original Mortgage
$357,947
Outstanding Balance
$347,478
Interest Rate
6.32%
Mortgage Type
VA
Estimated Equity
$42,792

Purchase Details

Listed on
Aug 28, 2018
Closed on
Nov 8, 2018
Sold by
Widener Jason C and Widener Meagan P
Bought by
Tood Mitchell W and Todd Alicia L
Seller's Agent
Ashley Lay
Keller Williams Realty Elite
Buyer's Agent
Brian Allred
Allred & Company, REALTORS
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Original Mortgage
$206,196
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2009
Sold by
Branch Banking & Trust Company
Bought by
Widener Jason C and Widener Meagan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,551
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2009
Sold by
Laur Alex Builders Llc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Nov 8, 2006
Sold by
Davco Developers Llc
Bought by
Laur Alex Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.27%
Mortgage Type
Construction
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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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
Robbins Jared $350,000 --
Robbins Jared $350,000 None Listed On Document
Tood Mitchell W $210,000 None Available
Widener Jason C $174,000 None Available
Branch Banking & Trust Company $163,800 None Available
Laur Alex Builders Llc $32,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robbins Jared $357,947
Closed Robbins Jared $357,947
Previous Owner Tood Mitchell W $206,196
Previous Owner Widener Jason C $177,551
Previous Owner Laur Alex Builders Llc $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2023 03/30/23 Sold $349,900 0.0% $184 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $349,900 -1.4% $184 / Sq Ft
02/04/2023 02/04/23 For Sale $355,000 +69.0% $187 / Sq Ft
11/09/2018 11/09/18 Sold $210,000 0.0% $111 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $209,900 -- $110 / 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 $1,327 $207,220 $0 $0
2024 $1,327 $207,220 $0 $0
2023 $1,327 $207,220 $0 $0
2022 $1,327 $207,220 $0 $0
2021 $1,327 $207,220 $0 $0
2020 $1,313 $205,100 $0 $0
2019 $1,333 $205,100 $0 $0
2018 $1,283 $197,370 $0 $0
2017 $1,283 $197,370 $0 $0
2016 $1,283 $197,370 $0 $0
2015 $1,283 $197,370 $0 $0
2014 $1,404 $219,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1095727

Triad MLS

APN: 11-317-G-000-0028-0-0-0

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