NOT LISTED FOR SALE

406 Lakewood Dr Lexington, NC 27292

Estimated Value: $494,746 - $550,000

4 Beds
4 Baths
4,100 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $390,000 $95 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,267/month

41 Days on Market

Highlights

  • 2.08 Acre Lot
  • Wood Flooring
  • Solid Surface Countertops
  • Living Room with Fireplace
  • Attic
  • No HOA

About This Home

As of January 2022

Beautiful, brick ranch! Close to Lexington Golf Club, tennis courts, Lexington Swim Club/pool, Meyers Park, major roads & Hwy 85, + all the convenient shopping/restauraunts/grocery stores! Front porch is grand beginning. Spacious living spaces make this home grand. The charm & luxury are in the details: original plaster walls & ceilings,dbl hung/tilt in/insulated Pella windows,wood beams on the ceiling,back to back fireplaces,gas stove,original hardwoods,luxury vinyl plank,tongue & groove walls,built in bookshelves,walk in cedar closet,custom china cabinet,granite counters&floored attic space. There is potential for adding stair access and additional square footage in the attic. Large sunroom has floor to ceiling windows, bead board ceilings, mini split unit, & ceiling fans to ensure comfortable leisure year round. Home is equipped with new central air unit/2021 & generator. Covered patio is an additional space for outside enjoyment. Back yard is private w/mature trees & landscaping.

Last Agent to Sell the Property

Ashley Lay

Keller Williams Realty Elite License #241871 Listed on: 11/03/2021

Keller Williams Realty Elite

Last Buyer's Agent

Tiffany Spiegel

Southern Key Realty License #332639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,675

Year Built

  • Built in 1960

Lot Details

  • 2.08 Acre Lot
  • Property is zoned SN

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,814 Sq Ft Home
  • 3,400-4,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Double Oven
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

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

Community Details

  • No Home Owners Association
  • Lakewood Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1112200000006000
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,675

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.08
  • Subdivision Name: Lakewood Hills
  • Directions: Head west on I-85 S. Take exit 91 for NC-8 toward Lexington/Southmont. Turn right onto NC-8 N/Cotton Grove Rd. Keep right to continue on Fairview Dr. Turn R onto Country Club Dr. Turn L onto Maegeo Dr. Turn L onto Lakewood Dr. Destination on left.
  • Above Grade Finished Sq Ft: 3814
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3400 - 4100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Gas Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Separate Shower, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Den, Living Room
  • Fireplaces: 2
  • Living Area: 3814
  • Main Level Bathrooms: 4
  • Attic Description: Access Only, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 4
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Circular Driveway, Garage Door Opener, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 1112200000006000
  • Zoning: SN
  • TRIADMLS_PricePerAcre: 192259.6154
  • TRIADMLS_PlatPage: 88
  • TRIADMLS_DeedPage: 1225-1229
  • TRIADMLS_DeedBook: DE 2434
  • TRIADMLS_PlatBook: 9
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 4675
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 26, 2022
Sold by
Tow Matthew E and Tow Amy E
Bought by
Spiegel Joshua and Spiegel Tiffany
Seller's Agent
Ashley Lay
Keller Williams Realty Elite
Buyer's Agent
Tiffany Spiegel
Southern Key Realty
Sold Price
$390,000
Current Estimated Value
$521,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,937
Avg. Annual Appreciation
8.82%
Original Mortgage
$310,000
Outstanding Balance
$291,937
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$236,327

Purchase Details

Closed on
Aug 17, 2020
Sold by
Fulbright Kevin K and Fulbright Freddie L
Bought by
Tow Matthew and Tow Amy E

Purchase Details

Closed on
Feb 1, 1991

Purchase Details

Closed on
Feb 1, 1989
Source: Public Records

Range of Values:

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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
Spiegel Joshua $390,000 Plyler & Waterhouse Pllc
Tow Matthew $130,000 None Available
-- $135,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spiegel Joshua $50,000
Open Spiegel Joshua $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $390,000 -- $115 / 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 $5,081 $390,840 $0 $0
2023 $5,081 $390,840 $0 $0
2022 $5,081 $390,840 $0 $0
2021 $4,640 $356,860 $0 $0
2020 $3,738 $289,720 $0 $0
2019 $3,795 $289,720 $0 $0
2018 $3,795 $289,720 $0 $0
2017 $3,795 $289,720 $0 $0
2016 $3,795 $289,720 $0 $0
2015 $3,650 $289,720 $0 $0
2014 $3,975 $315,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Lay

    Seller's Agent in 2022

    Ashley Lay

    Keller Williams Realty Elite

    (336) 816-7818

    50 in this area

    781 Total Sales

    Ashley Lay
    Section Image
  • Tiffany Spiegel

    Buyer's Agent in 2022

    Tiffany Spiegel

    Southern Key Realty

    (336) 479-0685

    5 in this area

    23 Total Sales

    Tiffany Spiegel
    Section Image
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Map

Source: Triad MLS

MLS Number: 1047987

Triad MLS

APN: 11-122-0-000-0006-0-0-0

North Carolina Davidson County Lexington 27292

406 Lakewood Dr, Lexington, NC

This home is located at 406 Lakewood Dr, Lexington, NC 27292 since 03 November 2021 and is currently estimated at $521,937, approximately $127 per square foot. This property was built in 1960. 406 Lakewood Dr is a home located in Davidson County with nearby schools including South Lexington School, Lexington Middle School, and Lexington Senior High School.

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