NOT LISTED FOR SALE

403 Olivia Dr Lexington, NC 27295

Estimated Value: $305,000 - $376,000

4 Beds
2.5 Baths
2,300 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $310,015 $135 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,941/month

75 Days on Market

Highlights

  • New Construction
  • Kitchen Island
  • Carpet
  • 2 Car Attached Garage
  • Central Air

About This Home

As of July 2023

Welcome to Grace Lee Meadows in Lexington, conveniently located off Highway 8 in Lexington, with easy access to I-85. Neighborhood is located near beautiful High Rock Lake, where you can enjoy fishing and boating. The Penwell features an office on main floor, an open kitchen off the great room, an island, and stainless steel appliances. Upstairs features a Primary suite with large 5' shower in bath with double vanity and linen closet and there is an upstairs laundry room for ease. Hall bath with double sinks plus 3 additional bedrooms. This home has everything! One-year builder & 10-year structural warranty included. 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, an automation platform from Alarm.com; a SkyBell video doorbell; and an Amazon Echo Dot and Show 5.

Last Agent to Sell the Property

Gina Tener-Sheppard

DR Horton License #320546 Listed on: 02/24/2023

DR Horton

Co-Listed By

Judi McCulloch

Center Towne Realtors License #222870

Last Buyer's Agent

Gina Tener-Sheppard

DR Horton License #320546 Listed on: 02/24/2023

DR Horton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.47 Acre Lot
  • Cleared Lot
  • Property is zoned RA-2

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,164 Sq Ft Home
  • 1,900-2,300 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Grace Lee Meadows Subdivision

Listing and Financial Details

  • Tax Lot 11
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,736

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • 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: 2164
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2300
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Kitchen Island
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2164
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Laundry Room - 2nd Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

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 - 0

Tax Info

  • Tax Lot: 11
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Jul 26, 2023
Sold by
D R Horton Inc
Bought by
Easter Elan Alexis
Seller's Agent
Gina Tener-Sheppard
DR Horton
Buyer's Agent
Gina Tener-Sheppard
DR Horton
List Price
$306,015
Sold Price
$310,015
Premium/Discount to List
$4,000
1.31%
Views
88
Current Estimated Value
$337,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,811
Avg. Annual Appreciation
3.87%
Original Mortgage
$313,146
Outstanding Balance
$305,971
Interest Rate
6.78%
Estimated Equity
$31,855
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
Easter Elan Alexis $310,500 None Listed On Document
Easter Elan Alexis $310,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Easter Elan Alexis $313,146
Closed Easter Elan Alexis $313,146
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $310,015 0.0% $163 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $310,015 +0.6% $163 / Sq Ft
04/21/2023 04/21/23 Price Changed $308,015 +0.7% $162 / Sq Ft
02/24/2023 02/24/23 For Sale $306,015 -- $161 / 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 $1,736 $271,170 $0 $0
2024 $1,736 $271,170 $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: 1097698

Triad MLS

APN: 06-018-C-000-0011-0-0-0