NOT LISTED FOR SALE

472 Lake Drive 9 Lexington, NC 27292

Estimated Value: $572,000 - $746,000

2 Beds
2 Baths
1,800 Sq Ft
$374/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $535,000 $297 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,903/month

111 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Porch
  • Attic
  • Circular Driveway
  • Tile Flooring

About This Home

As of December 2021

NEW SEPTIC SYSTEM!!!! Gorgeous waterfront 2 Bedroom w/office home at High Rock Lake, in Abbotts Creek area! Newly updated private pier w/ floating dock that offers stunning lake views. Property also has it own private boat ramp and cinderblock sea wall. Updated covered lakeside deck that's perfect for morning coffee or unwinding after a long day. This newly renovated home offers granite counter tops, two gas log fireplaces, freshly painted, roof 3 years old, HVAC 6 years old and much more. Needing storage also? We got that covered too with the 3 outbuildings. This beautiful home has it all!!

Last Agent to Sell the Property

Wendy Hill

Hepler Realty License #291088 Listed on: 07/27/2021

Last Buyer's Agent

Stephanie Hanna

Home Sweet Home Real Estate, LLC License #261094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 200 x 265 x 75 x 290
  • Cleared Lot
  • Property is zoned RS

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,692 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Parks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15021C00B0035
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,988

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 200 x 265 x 75 x 290
  • Subdivision Name: Parks
  • Directions: NC-47 to Old Mountain Rd, go 3 miles and turn right onto Lake Dr #9, property will be on the right.
  • Above Grade Finished Sq Ft: 1692
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Den, Living Room
  • Fireplaces: 2
  • Living Area: 1692
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Exclusions: Tv And Tv Bracket Above Fire Place Does Not Convey
  • Construction Type: Vinyl Siding
  • Other Structures: Boat Ramp, Pier, Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Gravel, Circular Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 15021C00B0035
  • Zoning: RS
  • TRIADMLS_DeedPage: 0412
  • TRIADMLS_DeedBook: 1594
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 1988
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Dec 30, 2021
Sold by
Morrow Terry D and Morrow Fonda K
Bought by
Smith Johnny Wayne and Smith Wendy Warren
Seller's Agent
Wendy Hill
Hepler Realty
Buyer's Agent
Stephanie Hanna
Home Sweet Home Real Estate, LLC
Sold Price
$535,000
Current Estimated Value
$673,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,317
Avg. Annual Appreciation
4.62%
Original Mortgage
$260,000
Outstanding Balance
$243,981
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$386,360

Purchase Details

Closed on
Feb 25, 2005
Sold by
Lohr Steven Smith and Lohr Doris
Bought by
Morrow Terry D and Morrow Fonda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1982
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
Smith Johnny Wayne $535,000 Holton Stephen C
Morrow Terry D $185,000 None Available
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Johnny Wayne $30,000
Open Smith Johnny Wayne $260,000
Previous Owner Morrow Terry D $35,000
Previous Owner Moorow Terry D $10,000
Previous Owner Morrow Terry D $225,000
Previous Owner Morrow Terry D $50,000
Previous Owner Morrow Fonda K $169,000
Previous Owner Morrow Terry $20,000
Previous Owner Morrow Terry D $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $535,000 -- $357 / 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 $2,595 $405,300 $0 $0
2023 $2,595 $405,300 $0 $0
2022 $2,595 $405,300 $0 $0
2021 $1,959 $305,980 $0 $0
2020 $1,955 $305,390 $0 $0
2019 $1,994 $305,390 $0 $0
2018 $1,995 $305,390 $0 $0
2017 $1,997 $305,390 $0 $0
2016 $1,997 $305,390 $0 $0
2015 $1,999 $305,390 $0 $0
2014 $1,689 $310,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1034940

Triad MLS

APN: 15-021-C-00B-0035-0-0-0