NOT LISTED FOR SALE

400 Maegeo Dr Lexington, NC 27292

Estimated Value: $508,722 - $626,000

4 Beds
5 Baths
4,616 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $248,000 $54 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,396/month

168 Days on Market

Highlights

  • Outdoor Pool
  • Partially Wooded Lot
  • No HOA
  • Living Room with Fireplace
  • Solid Surface Countertops
  • Porch

About This Home

As of February 2014

Can you imagine a well built, wonderful designed home with total living on the main level in one of the best neighborhoods in the Triad. This home is in mint condition with all the updates and priced well below tax value. Walk out the master bedroom into your own little paradise with a private pool and patio or take a short walk to the Lexington Golf Club, tennis courts or the swim club.

Last Buyer's Agent

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,217

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 153x271x192x129
  • Privacy Fence
  • Fenced
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned SN

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 4,616 Sq Ft Home
  • Property has 1 Level
  • Shelving
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Crawl Space
  • Solid Surface Countertops
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Home Security

  • Intercom
  • Alarm System

Outdoor Features

  • Outdoor Pool
  • Patio
  • Porch

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

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

Community Details

  • No Home Owners Association
  • Lakewood Hills Sec 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1112200000059D00
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,217

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 153x271x192x129
  • Subdivision Name: Lakewood Hills Sec 02
  • Directions: E. Center to Weaver Dr, left on Weaver, left on Country Club, left on Maegeo, home on the left.
  • Above Grade Finished Sq Ft: 4616
  • Architectural Style: Ranch
  • Unit Levels: One and One Half
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4616
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Built-in Shelves, Ceiling Fan(s), Dead Bolt(s), Dryer Connection, Garage Door Opener(s), Gas Logs, Intercom, Pantry, Alarm and/or Security System, Separate Shower, Solid Surface Counter, Washer Connection
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 4616
  • Main Level Bathrooms: 5
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 2

Exterior Features

  • Exterior Features: Fenced, Patio, Paved Drive, Porch, Privacy Fence
  • Fencing: Fenced
  • Lot Features: Level, Partially Wooded
  • Pool Features: Pool on Property
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Crawl Space
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Paved Drive, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Washer Connection
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 1112200000059D00
  • Zoning: SN
  • TRIADMLS_DeedPage: 731
  • TRIADMLS_DeedBook: 1051

Tax Info

  • Tax Annual Amount: 4216.71
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Royster Patricia B
Bought by
Patricia B Royster Declaration Of Trust
Current Estimated Value
$550,681

Purchase Details

Listed on
Jun 19, 2013
Closed on
Feb 18, 2014
Sold by
Smith Thomas E and Smith Cynthia P
Bought by
Royster Theodore S and Royster Patricia B
Buyer's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
List Price
$275,000
Sold Price
$248,000
Premium/Discount to List
-$27,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$189,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 1997
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
Patricia B Royster Declaration Of Trust -- None Listed On Document
Royster Theodore S $248,000 None Available
-- $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Royster Patricia B $172,000
Previous Owner Royster Theodore S $35,000
Previous Owner Royster Theodore S $189,000
Previous Owner Smith Thomas Earl $200,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $248,000 -9.8% $54 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $275,000 -- $60 / 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 $4,739 $364,530 $0 $0
2023 $4,739 $364,530 $0 $0
2022 $4,739 $364,530 $0 $0
2021 $4,739 $364,530 $0 $0
2020 $3,884 $301,010 $0 $0
2019 $3,943 $301,010 $0 $0
2018 $3,943 $301,010 $0 $0
2017 $3,943 $301,010 $0 $0
2016 $3,943 $301,010 $0 $0
2015 $3,793 $301,010 $0 $0
2014 $4,217 $334,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 676858

Triad MLS

APN: 11-122-0-000-0059-D-0-0