NOT LISTED FOR SALE

308 Lake Drive 10 Lexington, NC 27292

Estimated Value: $238,000 - $298,000

3 Beds
2 Baths
2,100 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $225,000 $107 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,501/month

5 Days on Market

Highlights

  • Attic
  • No HOA
  • Forced Air Heating and Cooling System
  • Solid Surface Countertops
  • Porch
  • Ceiling Fan

About This Home

As of February 2024

Honey Stop the Car!!!! You DO NOT want to MISS this gorgeous totally remodeled home!!!! This home is everything you have dreamed of at a price you can afford!!!! 3 bedrooms and 1 bath with Living room, kitchen and dining on main level and a huge den in basement with an extra game room AND yet another huge room that could be a bedroom. Full bath in basement as well. This house has new cabinets, granite, lvp flooring and paint!!! New shutters and decks outside!!! You will not find this much space ANYWHERE else for the money!!! Make your appointment today!!!!!

Last Agent to Sell the Property

Michelle Epley

Southern Key Realty License #310571 Listed on: 01/25/2024

Last Buyer's Agent

Kelton Gentle

Mantle LLC License #345685

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $650

Year Built

  • Built in 1988

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 96 x 241 x 97 x 245
  • Sloped Lot
  • Property is zoned RA1

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,983 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Attic
  • Finished Basement

Kitchen

  • Ice Maker
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1502100000020
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$650

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Lot Size: 96 x 241 x 97 x 245
  • Subdivision Name: None
  • Directions: Highway 8 S to Highway 47. turn Left. Go to Old Mountain Road. Turn Right. Go to Lake Drive 10. Turn Right. House will be on the right. Look for sign.
  • Above Grade Finished Sq Ft: 1983
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1988
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 800 - 1000
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Appliance Center, Ice Maker, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Solid Surface Counter
  • Has Basement: Finished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 943
  • Living Area: 1983
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Fencing: None
  • Lot Features: Sloped
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 1502100000020
  • Zoning: RA1
  • TRIADMLS_PricePerAcre: 375000
  • TRIADMLS_DeedPage: 74
  • TRIADMLS_DeedBook: 1701
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 650
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.0064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 21, 2024
Sold by
Mcabee Investments Llc
Bought by
Preston Randy
Seller's Agent
Michelle Epley
Southern Key Realty
Buyer's Agent
Kelton Gentle
Mantle LLC
List Price
$219,000
Sold Price
$225,000
Premium/Discount to List
$6,000
2.74%
Views
30
Current Estimated Value
$266,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,062
Avg. Annual Appreciation
10.18%
Original Mortgage
$220,924
Outstanding Balance
$217,483
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$42,993

Purchase Details

Closed on
Jul 24, 2023
Sold by
Substitute Trustee Services Inc
Bought by
Mcabee Investments Llc

Purchase Details

Closed on
May 8, 2006
Sold by
Gravely Cathy S and Gravely Jeffrey
Bought by
Sollien Earl Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,450
Interest Rate
9.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1995

Purchase Details

Closed on
May 1, 1995

Purchase Details

Closed on
Apr 1, 1989

Purchase Details

Closed on
Mar 1, 1988
Source: Public Records

Range of Values:

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Average Value
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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
Preston Randy $225,000 None Listed On Document
Mcabee Investments Llc $91,507 None Listed On Document
Sollien Earl Scott -- None Available
-- $54,500 --
-- $40,000 --
-- $47,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preston Randy $220,924
Previous Owner Nixon Cindy $61,685
Previous Owner Sollien Earl Scott $65,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $225,000 +2.7% $132 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $219,000 -- $129 / 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 $650 $101,470 $0 $0
2023 $650 $101,470 $0 $0
2022 $650 $101,470 $0 $0
2021 $650 $101,470 $0 $0
2020 $495 $77,320 $0 $0
2019 $503 $77,320 $0 $0
2018 $503 $77,320 $0 $0
2017 $503 $77,320 $0 $0
2016 $503 $77,320 $0 $0
2015 $503 $77,320 $0 $0
2014 $445 $82,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Epley

    Seller's Agent in 2024

    Michelle Epley

    Southern Key Realty

    (336) 239-0209

    205 Total Sales

    Michelle Epley
    Section Image

  • K

    Buyer's Agent in 2024

    Kelton Gentle

    Mantle LLC

    (336) 960-7961

    12 Total Sales

    Kelton Gentle
    Section Image
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Map

Source: Triad MLS

MLS Number: 1131142

Triad MLS

APN: 15-021-0-000-0020-0-0-0

North Carolina Davidson County Lexington 27292

308 Lake Drive 10, Lexington, NC

This home is located at 308 Lake Drive 10, Lexington, NC 27292 since 25 January 2024 and is currently estimated at $266,062, approximately $126 per square foot. This property was built in 1988. 308 Lake Drive 10 is a home located in Davidson County with nearby schools including Southwood Elementary School, Central Davidson Middle School, and Central Davidson High School.

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