NOT LISTED FOR SALE

473 Lake Drive 8 Lexington, NC 27292

Estimated Value: $377,000 - $404,000

2 Beds
2 Baths
1,400 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $350,000 $250 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,264/month

131 Days on Market

Highlights

  • No HOA
  • Views
  • Attic Fan
  • Porch
  • More Than Two Accessible Exits
  • Central Air

About This Home

As of May 2023

PRICE DROP - MOTIVATED SELLER! LAKE FRONT home on HIGH ROCK LAKE! Beautifully renovated in 2017. 2+ Bedrooms, 2 full bathrooms, large windows for your viewing pleasure, a double-decker dock, and your own private, paved watercraft launch! Add this home to your 'must-see' list - if only for the kitchen. Schedule a showing today!

Last Agent to Sell the Property

Catie May

eXp Realty License #324621 Listed on: 12/18/2022

eXp Realty

Last Buyer's Agent

Catie May

eXp Realty License #324621 Listed on: 12/18/2022

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 44 x 67 x 50 x 66
  • Fenced
  • Property is zoned RS

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 2 Levels
  • Attic Fan
  • Dishwasher
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • No Garage
  • Driveway

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 15020A0000066000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,544

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 44 x 67 x 50 x 66
  • Subdivision Name: None
  • Directions: From Old Mountain Road, turn right onto LAKE DR #8, follow the bend to the right. Home will be on your left. 473 LAKE DR #8
  • Above Grade Finished Sq Ft: 1248
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Accessibility Features: 2 or more Access Exits
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1248
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Views
  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • Other Structures: Boat Ramp, Pier
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Attic Fan, Central Air, Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southwood
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 15020A0000066000
  • Zoning: RS
  • TRIADMLS_PlatPage: 54
  • TRIADMLS_DeedPage: 723
  • TRIADMLS_DeedBook: 1864
  • TRIADMLS_PlatBook: 11
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 1544
  • Tax Lot: 66
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
May 5, 2023
Sold by
Vannest John Matthew
Bought by
Gatewood Corbrett
Seller's Agent
Catie May
eXp Realty
Buyer's Agent
Catie May
eXp Realty
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Views
130
Current Estimated Value
$391,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,967
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
May 14, 2008
Sold by
Buchanan Cecil Miles
Bought by
Vannest John Matthew and Van Nest Michelle Carroll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2007
Sold by
Stewart Terry B
Bought by
Buchanan Cecil Miles

Purchase Details

Closed on
Oct 23, 2001
Bought by
Stewart Terry B
Source: Public Records

Range of Values:

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Average Value
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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
Gatewood Corbrett $350,000 None Listed On Document
Vannest John Matthew $279,000 None Available
Buchanan Cecil Miles $207,500 None Available
Stewart Terry B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vannest John $224,000
Previous Owner Vannest John Matthew $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $350,000 -12.3% $318 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $399,000 0.0% $363 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/03/2023 03/03/23 Price Changed $399,000 -11.3% $363 / Sq Ft
12/18/2022 12/18/22 For Sale $450,000 -- $409 / 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 $1,592 $248,610 $0 $0
2023 $1,544 $241,130 $0 $0
2022 $1,544 $241,130 $0 $0
2021 $1,544 $241,130 $0 $0
2020 $1,408 $219,950 $0 $0
2019 $1,430 $219,950 $0 $0
2018 $1,430 $219,950 $0 $0
2017 $1,430 $219,950 $0 $0
2016 $1,430 $219,950 $0 $0
2015 $1,430 $219,950 $0 $0
2014 $1,030 $158,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Catie May

    eXp Realty

    (704) 839-1126

    39 Total Sales

    Catie May
    Section Image
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Map

Source: Triad MLS

MLS Number: 1092176

Triad MLS

APN: 15-020-A-000-0066-0-0-0

North Carolina Davidson County Lexington 27292

473 Lake Drive 8, Lexington, NC

This home is located at 473 Lake Drive 8, Lexington, NC 27292 since 18 December 2022 and is currently estimated at $391,967, approximately $279 per square foot. This property was built in 1961. 473 Lake Drive 8 is a home located in Davidson County with nearby schools including Southwood Elementary School, Central Davidson Middle School, and Central Davidson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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