NOT LISTED FOR SALE

488 Magnolia Way Lexington, NC 27295

Estimated Value: $471,000 - $617,000

4 Beds
3 Baths
3,966 Sq Ft
$143/Sq Ft Est. Value

About This Home

This home is located at 488 Magnolia Way, Lexington, NC 27295 and is currently estimated at $565,806, approximately $142 per square foot. 488 Magnolia Way is a home with nearby schools including Northwest Elementary School, North Davidson Middle School, and North Davidson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
C F Stone Building Company Inc
Bought by
Burrow Ashley and Burrow Carl
Current Estimated Value
$565,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Outstanding Balance
$397,044
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$168,762

Purchase Details

Closed on
Aug 3, 2020
Sold by
Magnolia Land Development Group Inc
Bought by
C F Stone Building Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.1%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Burrow Ashley $460,000 None Available
C F Stone Building Company Inc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrow Ashley $437,000
Previous Owner C F Stone Building Company Inc $65,000
Source: Public Records

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 $2,843 $450,940 $0 $0
2024 $2,843 $450,940 $0 $0
2023 $2,886 $450,940 $0 $0
2022 $2,843 $450,940 $0 $0
2021 $416 $66,000 $0 $0
2020 $416 $66,000 $0 $0
Source: Public Records

Map

North Carolina Davidson County Lexington 27295

488 Magnolia Way, Lexington, NC

This home is located at 488 Magnolia Way, Lexington, NC 27295 and is currently estimated at $565,806, approximately $142 per square foot. 488 Magnolia Way is a home with nearby schools including Northwest Elementary School, North Davidson Middle School, and North 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.

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