NOT LISTED FOR SALE

348 Olivia Dr Lexington, NC 27295

Estimated Value: $280,000 - $338,000

3 Beds
2.5 Baths
1,600 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2023

Last sale price $271,000 $169 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,761 / mo

214 Days on Market

Highlights

  • New Construction
  • Attic
  • Home Security System
  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Kitchen Island

About This Home

As of December 2023

Welcome to the Brandon plan in Grace Lee Meadows, the newest community in Lexington! Conveniently located off Highway 8 in Lexington, with easy access to I-85. Neighborhood is located nearby beautiful High Rock Lake, where you can enjoy fishing & boating. The Brandon offers an open floorplan where the great room leads into the dining room. The adjoining kitchen includes granite countertops and stainless-steel appliances. There is a breakfast bar and pantry. Primary bedroom has vaulted ceiling and double bowl sinks with walk in closet off primary bath. Laundry room upstairs with 2 secondary bedrooms with deep double door closets. Also includes Smart Home technology package! Equipped with technology that includes the following: a Z-Wave programmable thermostat, a Z-Wave door lock, a Z-Wave wireless switch, a touchscreen Smart Home control panel, a SkyBell video doorbell; and an Amazon Echo Dot.

Last Agent to Sell the Property

Gina Tener-Sheppard

DR Horton License #320546 Listed on: 04/02/2023

DR Horton

Co-Listed By

Judi McCulloch

Center Towne Realtors License #222870

Last Buyer's Agent

YaVonda Harbor

Compass Carolinas, LLC License #294767

Compass Carolinas, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 20,909 Sq Ft Lot
  • Cleared Lot
  • Garden
  • Property is zoned RA-2

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,518 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Security Lights

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Zoned Heating
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Grace Lee Meadows Subdivision

Listing and Financial Details

  • Tax Lot 18
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0.48 Acres

HOA Fees

$28 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • 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: 1518
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1518
  • Main Level Bathrooms: 1
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Security System
  • Cooling: Heat Pump
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Energy Star Rated

Condo/Co-op/Association

  • Association Fee: 28
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 00
  • Zoning: RA-2
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Lot: 18
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Dec 20, 2023
Sold by
D R Horton Inc
Bought by
Noble Camille
Seller's Agent
Gina Tener-Sheppard
DR Horton
Buyer's Agent
YaVonda Harbor
Compass Carolinas, LLC
List Price
$272,990
Sold Price
$271,000
Premium/Discount to List
-$1,990
-0.73%
Views
250
Current Estimated Value
$300,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,807
Avg. Annual Appreciation
4.70%
Original Mortgage
$256,440
Outstanding Balance
$252,183
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$48,624

Purchase Details

Closed on
Mar 24, 2023
Sold by
Hi8 Development Llc
Bought by
D R Horton Inc
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
Noble Camille $271,000 None Listed On Document
Noble Camille $271,000 None Listed On Document
D R Horton Inc $50,000 --
D R Horton Inc $50,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noble Camille $256,440
Closed Noble Camille $256,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $271,000 -1.5% $208 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $275,000 -2.1% $212 / Sq Ft
08/21/2023 08/21/23 Price Changed $280,990 +0.7% $216 / Sq Ft
07/31/2023 07/31/23 Price Changed $278,990 +0.7% $215 / Sq Ft
04/28/2023 04/28/23 Price Changed $276,990 +0.7% $213 / Sq Ft
04/21/2023 04/21/23 Price Changed $274,990 +0.7% $212 / Sq Ft
04/02/2023 04/02/23 For Sale $272,990 -- $210 / 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 $1,351 $210,960 $0 $0
2024 $1,351 $210,960 $0 $0
2023 $260 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1101328

Triad MLS

APN: 06-018-C-000-0018-0-0-0

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