NOT LISTED FOR SALE

3502 New Cut Rd Lexington, NC 27292

Estimated Value: $250,000 - $397,000

4 Beds
2.5 Baths
2,200 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $263,990 $120 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,861/month

130 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of September 2023

Come check out this BEAUTIFUL NEW 2-Story Home in the Pineview Community! The desirable Essex Plan boasts an open design encompassing the Living, Dining, and Kitchen spaces. The Kitchen features gorgeous cabinets, granite countertops, and Stainless-Steel Steel Appliances (Including Range with a Microwave hood and Dishwasher). On the 1st floor, there is a flex room and a half bathroom. All other bedrooms, including the primary suite, are on the 2nd floor. The primary suite has a private bath, dual vanity sinks, and a walk-in closet. The other three bedrooms contain a walk-in closet and share a secondary full-sized bath. This desirable plan also includes additional loft space and a Walk-in Laundry room.

Last Agent to Sell the Property

Susan Ruybal Thompson

WJH Brokerage NC LLC License #291476 Listed on: 03/15/2023

Last Buyer's Agent

Erin Rogers

Hillcrest Realty Group License #301277

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned RA2

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,014 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Pineview Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 07008B0000002
  • 4% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$400

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 9147
  • Subdivision Name: Pineview
  • Directions: North of East Old US HWY 64
  • Above Grade Finished Sq Ft: 2014
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2014
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Completion Date: 2023-08-03T04:00:00.000Z

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 07008B0000002
  • Zoning: RA2
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 400
  • Tax Lot: 2
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2024
Sold by
Wright Lisa and Mckinney Shawn
Bought by
Mckinney Shawn and Mckinney Lisa
Current Estimated Value
$327,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,312
Outstanding Balance
$275,183
Interest Rate
6.47%
Mortgage Type
VA
Estimated Equity
$52,341

Purchase Details

Listed on
Mar 15, 2023
Closed on
Sep 14, 2023
Sold by
Wjh Llc
Bought by
Mckinney Shawn and Wright Lisa
Seller's Agent
Susan Ruybal Thompson
WJH Brokerage NC LLC
Buyer's Agent
Erin Rogers
Hillcrest Realty Group
List Price
$259,990
Sold Price
$263,990
Premium/Discount to List
$4,000
1.54%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$268,345
Interest Rate
6.9%
Mortgage Type
VA
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
Mckinney Shawn -- Vylla Title
Mckinney Shawn -- Vylla Title
Mckinney Shawn $264,000 None Listed On Document
Mckinney Shawn $264,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinney Shawn $278,312
Closed Mckinney Shawn $278,312
Previous Owner Mckinney Shawn $268,345
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $263,990 0.0% $147 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $263,990 +1.5% $147 / Sq Ft
07/07/2023 07/07/23 Price Changed $259,990 0.0% $144 / Sq Ft
07/07/2023 07/07/23 For Sale $259,990 +2.0% $144 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $254,990 -- $142 / 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 $1,659 $251,400 $0 $0
2024 $1,610 $251,400 $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: 1099443

Triad MLS

APN: 07-008-B-000-0002-0-0-0