NOT LISTED FOR SALE

291 Grayland St Lexington, NC 27295

Estimated Value: $186,000 - $325,000

2 Beds
1 Bath
1,000 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $54,000 $54 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $1,358/month

1 Day on Market

Highlights

  • Wood Flooring
  • Attic
  • No HOA
  • North Davidson Middle School Rated 9+
  • Corner Lot
  • Cottage

About This Home

As of March 2018

Cute 2 BR 1BA cottage, great starter home, big yard on .5 acre lot, hardwoods, laminate, carpet in MBR, 3yr old gas heat/central A/C, single attached carport, 12x20 outbuilding w/covered patio area, in Great Welcome /ND community. Septic is only for 2 bedroom. Close to Hwy 52, town, stores. Call for your showing today. Won't last long.

Last Agent to Sell the Property

Kathy Lawson

Leonard Craver Realty Inc License #204735 Listed on: 01/31/2018

Last Buyer's Agent

Pam Pettus

Thomason Realty Group, LLC License #220742

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $203

Year Built

  • Built in 1955

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 150 x 161 x 153 x 159
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned RA3

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 892 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0226 / 020
  • Assessor Parcel Number 11319B0200226000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$203

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 150 x 161 x 153 x 159
  • Subdivision Name: None
  • Directions: Going North on Main Street Lexington, to Left on MLK Jr. Blvd that becomes Old Hwy 52 North toward Welcome, Left on Arnold Road, Left on Grayland Drive. Last house on Left.
  • Above Grade Finished Sq Ft: 892
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate, Wood
  • Has Basement: Unfinished, Cellar, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 892
  • Main Level Bathrooms: 1
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Cleared, Corner Lot, Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • 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 #: 11319B0200226000
  • Zoning: RA3
  • TRIADMLS_PlatPage: 25
  • TRIADMLS_PlatBook: 8
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 203
  • Tax Block: 020
  • Tax Lot: 0226
  • Tax Map Number: 319
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Mar 29, 2018
Sold by
Spaugh Roger S
Bought by
Sain Meredith L
Seller's Agent
Kathy Lawson
Leonard Craver Realty Inc
Buyer's Agent
Pam Pettus
Thomason Realty Group, LLC
List Price
$59,000
Sold Price
$54,000
Premium/Discount to List
-$5,000
-8.47%
Current Estimated Value
$242,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,667
Avg. Annual Appreciation
21.89%
Original Mortgage
$56,000
Outstanding Balance
$48,630
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$194,037

Purchase Details

Closed on
Jun 25, 2015
Sold by
Spaugh Irene Miller
Bought by
Harris Jean Spaugh

Purchase Details

Closed on
Jun 18, 2015
Sold by
Spaugh Irene Miller and Spaugh Evelyn M
Bought by
Harris Jean Spaugh

Purchase Details

Closed on
Apr 5, 1956
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sain Meredith L $54,000 None Available
Harris Jean Spaugh -- None Available
Spaugh Irene Miller -- None Available
Harris Jean Spaugh -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sain Meredith L $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $54,000 -8.5% $68 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $59,000 -- $74 / 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 $1,059 $162,940 $0 $0
2024 $1,059 $162,940 $0 $0
2023 $1,059 $162,940 $0 $0
2022 $1,059 $162,940 $0 $0
2021 $1,027 $162,940 $0 $0
2020 $662 $105,080 $0 $0
2019 $376 $58,810 $0 $0
2018 $382 $59,610 $0 $0
2017 -- $59,610 $0 $0
2016 -- $59,610 $0 $0
2015 $203 $59,610 $0 $0
2014 -- $64,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kathy Lawson

    Leonard Craver Realty Inc

    (336) 596-5991

    7 in this area

    19 Total Sales

    Kathy Lawson
    Section Image

  • P

    Buyer's Agent in 2018

    Pam Pettus

    Thomason Realty Group, LLC

    (336) 978-7614

    6 in this area

    59 Total Sales

    Pam Pettus
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 872500

Triad MLS

APN: 11-319-B-020-0226-0-0-0

North Carolina Davidson County Lexington 27295

291 Grayland St, Lexington, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

Nearby Homes