$300,000
SOLD OCT 25, 2024

241 Lulu Ln Lexington, NC 27292

4 Beds
2.5 Baths
1,991 Sq Ft
0.51 Acres

Recently Sold

$151 Per Sq Ft

4% Below List Price

121 Days on Market

Highlights

  • New Construction
  • Kitchen Island
  • Carpet
  • Attic
  • 2 Car Garage

About This Home

As of October 2024

Welcome to Grace Lee Meadows, located off Highway 8 in Lexington, with easy access to I-85 & near beautiful High Rock Lake! Enter the home through the foyer you're welcomed by the flex room accented with French doors-a perfect space for a home office. Kitchen is has beautiful soft-close cabinetry, granite countertops & a spacious pantry with plenty of storage. Perfect open concept, from the kitchen to the main living area, or to the patio for outdoor entertainment. Upstairs has the primary suite that offers a luxurious Primary bath with a walk-in shower, double-vanities & a large closet. Second floor has 3 additional bedrooms, a full bath, and laundry room! Includes Smart Home technology package! Equipped with smart home technology.

Last Agent to Sell the Property

Gina Tener-Sheppard

DR Horton License #320546 Listed on: 04/26/2024

DR Horton

Co-Listed By

Madison Martin

DR Horton License #349135

Last Buyer's Agent

Jasmine Phillips

Realty One Group Results License #299135

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.51 Acre Lot
  • Cleared Lot
  • Property is zoned RA-2

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,991 Sq Ft Home
  • Property has 2 Levels
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer Hookup

Schools

  • Central Middle School
  • Central Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Grace Lee Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06018C0000074
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$256

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Co List Office Mls Id: GARA01
  • Co List Office Phone: 336-254-5327
  • Subdivision Name: Grace Lee Meadows
  • Directions: Take I-85 to exit 91, turn left on Highway 8, neighborhood is on the right about 4 miles after you make turn on Highway 8.
  • Above Grade Finished Sq Ft: 1991
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2024
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_LandDescription: Cleared Land
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Cooktop, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Kitchen Island, Pantry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1991
  • Main Level Bathrooms: 1
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Garage Description: Front Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Energy Star Rated

Condo/Co-op/Association

  • Association Fee: 28
  • Association: Yes

Schools

  • Elementary School: Southwood
  • High School: Central Davidson
  • Middle Or Junior School: Central

Lot Info

  • Parcel #: 06018C0000074
  • Zoning: RA-2
  • TRIADMLS_PricePerAcre: 588235.2941
  • TRIADMLS_DeedPage: 1637
  • TRIADMLS_DeedBook: 2467

Tax Info

  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Oct 25, 2024
Sold by
Dr Horton Inc
Bought by
Burns Jeffery Lequan and Burns Teondra Letris
Seller's Agent
Gina Tener-Sheppard
DR Horton
Buyer's Agent
Jasmine Phillips
Realty One Group Results
List Price
$312,240
Sold Price
$300,000
Premium/Discount to List
-$12,240
-3.92%
Views
16
Current Estimated Value
$311,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,663
Avg. Annual Appreciation
3.09%
Original Mortgage
$291,000
Outstanding Balance
$288,438
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$19,515
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $300,000 None Listed On Document
Special Warranty Deed $300,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $291,000 New Conventional
Closed $291,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $300,000 -1.6% $151 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $305,000 -1.9% $153 / Sq Ft
07/22/2024 07/22/24 Price Changed $311,000 +1.0% $156 / Sq Ft
07/09/2024 07/09/24 Price Changed $308,000 -3.2% $155 / Sq Ft
06/10/2024 06/10/24 Price Changed $318,240 +1.0% $160 / Sq Ft
06/06/2024 06/06/24 Price Changed $315,240 +909.1% $158 / Sq Ft
06/06/2024 06/06/24 Price Changed $31,240 -90.0% $16 / Sq Ft
04/26/2024 04/26/24 For Sale $312,240 -- $157 / 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
2024 $256 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1140681

Triad MLS

APN: 06-018-C-000-0074-0-0-0