Seller's Agent in 2025
Josh Wilson
Guardian Real Estate Group LLC
(704) 880-4426
1 in this area
127 Total Sales
308 Meadow Dr Lexington, NC 27295
20
Beds
12.5
Baths
7,760
Sq Ft
3.87
Acres
About This Home
As of May 2025Discover Sleepy Meadows Mobile Home Park, a strategically located 10-unit mobile home park with an additional stick-built home, offering a unique investment opportunity in the heart of Lexington. This established community features many long-term tenants, ensuring steady cash flow and tenant stability. One tenant handles property upkeep in exchange for free rent, helping to keep operational costs down. For investors looking for value-add potential, the county has approved the addition of more mobile homes and the park is grandfathered in to replace mobile homes when needed. This creates an opportunity to increase revenue. Coin laundry on-site creating more revenue. While some of the existing units may require work, this presents a chance to enhance the property and boost long-term profitability. Whether you’re a seasoned investor or new to the mobile home park asset class, Sleepy Meadows offers stability, expansion potential, and a prime location.
Last Agent to Sell the Property
Guardian Real Estate Group LLC Brokerage Email: josh@guardianrealestategrp.com License #289067 Listed on: 02/17/2025
Last Buyer's Agent
Non Member
Canopy Administration
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Parking
- Driveway
Home Design
- 7,760 Sq Ft Home
- Vinyl Siding
Bedrooms and Bathrooms
- 20 Bedrooms
Utilities
- Window Unit Cooling System
- Septic Tank
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water
- Assessor Parcel Number 11-332-0-000-0020-0-0-0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2025
Closed on
Apr 30, 2025
Sold by
Eaton Rentals Llc
Bought by
Bogey Properties Llc
Seller's Agent
Josh Wilson
Guardian Real Estate Group LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$549,900
Sold Price
$499,000
Premium/Discount to List
-$50,900
-9.26%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,208
Avg. Annual Appreciation
-29.46%
Original Mortgage
$374,250
Outstanding Balance
$371,580
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$15,212
Purchase Details
Closed on
Jan 26, 2023
Sold by
Gkd Properties Llc
Bought by
Eaton Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 3, 2012
Sold by
J&J March Llc
Bought by
Gkd Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 20, 2006
Sold by
Binkley Robert A and Williams Binkley Kimberly
Bought by
J & J March Llc
Purchase Details
Closed on
Feb 26, 2003
Sold by
Williams Jr Berry S and Williams Annie P
Bought by
Williams Berry S and Williams Annie P
Purchase Details
Closed on
Jun 1, 1990
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $499,000 | None Listed On Document | |
| Warranty Deed | $499,000 | None Listed On Document | |
| Warranty Deed | $315,000 | -- | |
| Warranty Deed | $224,000 | None Available | |
| Warranty Deed | $135,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $110,000 | -- | |
| Warranty Deed | $38,500 | -- | |
| Warranty Deed | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $374,250 | Credit Line Revolving | |
| Closed | $374,250 | Credit Line Revolving | |
| Previous Owner | $126,000 | Seller Take Back | |
| Previous Owner | $179,200 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $499,000 | -4.9% | $64 / Sq Ft |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 03/17/2025 03/17/25 | Price Changed | $524,900 | -4.5% | $68 / Sq Ft |
| 02/17/2025 02/17/25 | For Sale | $549,900 | -- | $71 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 | $1,898 | $246,980 | $0 | $0 |
| 2024 | $1,898 | $246,980 | $0 | $0 |
| 2023 | $1,895 | $246,980 | $0 | $0 |
| 2022 | $1,898 | $246,980 | $0 | $0 |
| 2021 | $1,849 | $246,980 | $0 | $0 |
| 2020 | $1,489 | $198,960 | $0 | $0 |
| 2019 | $1,512 | $198,960 | $0 | $0 |
| 2018 | $1,510 | $198,630 | $0 | $0 |
| 2017 | $1,510 | $198,630 | $0 | $0 |
| 2016 | $1,510 | $198,630 | $0 | $0 |
| 2015 | $1,643 | $216,170 | $0 | $0 |
| 2014 | $1,177 | $154,910 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Wilson
-
N
Buyer's Agent in 2025
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4223423
APN: 11-332-0-000-0020-0-0-0
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes