5 months on rocket

117 Magnolia Rd, Lexington, NC, 27292

$529,000

Home List Price

$6,282*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
4,029 SqFt
$131/SqFt
House

Location

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117 Magnolia Rd, Lexington$529,000

Buyer Closing Credits

$6,282*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Paved, Driveway, Attached, Garage Faces Side
Attached Garage2 spaces
Year Built1962
HeatingForced Air, Heat Pump, Natural Gas
CoolingHeat Pump
BasementYes
FireplaceDen, Living Room
MLS #1145955
Lot Size1.96 Acres
StatusActive

About 117 Magnolia Rd

From the moment you begin your stroll down Magnolia Road, you'll know you're home! Just wait until you see this custom built, sprawling ranch tucked away on a generous lot along Lexington Golf Club. Large, open rooms and multiple outdoor living spaces set the stage for ultimate family living and entertainment! This 4 bedroom, 3 1/2 bath executive home features formal living and dining rooms and a welcoming den overlooking the back patio. Large, finished basement with its own bedroom and full bath could be the ideal in-law or teen quarters. Eagerly waiting for your personal touch, this one could be absolutely gorgeous! Just a quick walk to golf, tennis and swimming. Only a couple of miles to popular Uptown Lexington for shopping, brewery, cidery, restaurants. Close to I-85. Roof was replaced in 2019 and Furnace/Heat Pump in 2020!

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Living Area: 4,029 SqFt

Listing Office:

  • Office Name: Center Towne Realtors
  • Office Phone: (336) 249-2988
  • Listing Agent: Elizabeth Lancaster

Interior Features

Interior Information:

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Disposal, Warming Drawer, Gas Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Tile, Wood
  • Interior: Built-in Features
  • Fireplace: Den, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Garden

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage, Paved, Driveway, Attached, Garage Faces Side

Lot Features

Lot Information:

  • Lot Size: 1.96 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Natural Gas
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From Main St Lexington to E Center St. R on Weaver Dr. Straight through 4 way stop. Street name changes to Country Club Blvd, which runs into Magnolia Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $529,000
  • Price Per SqFt: $131/SqFt

Tax Information:

  • Annual Amount: $4,821
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lexington, NC.

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Lexington, NC

City

Med. Sold Price

$288.5K

Med. Price/SqFt

$162

Avg. Days On Market

44

# of Sold Homes

105

117 Magnolia Rd vs Lexington

153 DAYS ON ROCKET

+109 Days

$529,000

+$240.4K More

$131/SqFt

-$31 Less

KEY TAKEAWAY

This property is $240.4K more than the Median Sold Price and $31/SqFt less than other homes in Lexington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1145955

Listing Office:

  • Office Name: Center Towne Realtors
  • Office Phone: (336) 249-2988
  • Listing Agent: Elizabeth Lancaster

IDX Copyright © 2024 Triad Multiple Listing Service, 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 12, 2016Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,821$370,850
2020$3,943$305,580
2019$4,003$305,580
2018$3,980$303,850
2017$3,980$303,850

History based on county public records data.

Payment Calculator

$2,708

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,652

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-393990
7
/10

  • Charles England Elementary School

  • 111 Cornelia St

  • 1.84 miles

  • Public District Grades 1-5

school-card-donut-393991
4
/10

  • Southwest Elementary School

  • 434 Central Ave

  • 2.69 miles

  • Public District Grades 1-5

school-card-donut-393992
5
/10

  • Pickett Elementary School

  • 200 Biesecker Rd

  • 3.92 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,321. Typical income of Lexington, NC residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 117 Magnolia Rd

What is the listing price of this property?

The listing price of 117 Magnolia Rd property is $529,000.

What type of property is this?

The property 117 Magnolia Rd is a house located in Lexington, North Carolina, 27292.

Is this property for sale now?

Active Listing: 117 Magnolia Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,821 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 12, 2016 for $300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 117 Magnolia Rd has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 117 Magnolia Rd is 4,029 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 117 Magnolia Rd is 1962.

Rocket Homes›North Carolina›Davidson County›Lexington›27292›117 Magnolia Rd

This home is located at 117 Magnolia Rd in Lexington, NC and zip code 27292. This 4,029 square foot home, which was built in 1962, sits on a 1.96 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $529,000.

In October 2024 more than 14 listings in Lexington, NC were sold above the asking price. During the same period more than 45 listings were sold at asking price, while more than 46 were sold below. The inventory of homes for sale in Lexington, NC between September 2024 and October 2024 decreased by 0.4%. Listings spent 44 days on the market in October 2024, and had a median list price of $288,532 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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