4 months on rocket

311 Balsam Dr, Lexington, NC, 27292

$469,900

Home List Price

$5,580*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,480 SqFt
$135/SqFt
House

Location

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311 Balsam Dr, Lexington$469,900

Buyer Closing Credits

$5,580*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Driveway, Detached Carport
Garage2 spaces
Year Built1976
HeatingHeat Pump, Electric
CoolingHeat Pump
BasementYes
FireplaceBasement, Den
MLS #1151922
StatusActive

About 311 Balsam Dr

Located in Twin Acres you don't want to miss this brick home with four bedrooms, living room, dining room, kitchen with large pantry, den with built-in shelves, three bedrooms on second level, and an additional bonus room upstairs that could be an office/playroom/nursery...you name it! This home has so much room that you must see it to believe! Beautiful hardwoods on main level, fireplace, and a main level office currently being used as an additional walk-in closet could be used as a fifth bedroom (no enclosed closet). Finished basement provides an amazing entertainment space with a fireplace, bar, and half bath. Unfinished basement space makes a great storage area! Beautiful backyard space with a stream running along the back of the property will make you feel as though you are in a park setting. Detached two car carport, deck and more! Located close to highways, restaurants and medical.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Living Area: 3,480 SqFt

Listing Office:

  • Office Name: Southern Key Realty
  • Office Phone: (800) 827-2178
  • Listing Agent: Jill Curione

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater
  • Basement: Yes
  • Flooring Type: Laminate, Wood
  • Interior: Built-in Features, Ceiling Fan(s)
  • Fireplace: Basement, Den

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Sprinkler System

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Carport, Driveway, Detached Carport

Utilities

Utilities Information:

  • Heating: Heat Pump, Electric
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Weaver Drive to Left on Country Club Drive, Left on Twin Acres Drive, Left on Hemlock Drive, Right on Balsam Drive, Home will be on your Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,900
  • Price Per SqFt: $135/SqFt

Tax Information:

  • Annual Amount: $3,620
  • 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

$290.1K

Med. Price/SqFt

$162

Avg. Days On Market

54

# of Sold Homes

98

311 Balsam Dr vs Lexington

135 DAYS ON ROCKET

+81 Days

$469,900

+$179.7K More

$135/SqFt

-$28 Less

KEY TAKEAWAY

This property is $179.7K more than the Median Sold Price and $28/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: #1151922

Listing Office:

  • Office Name: Southern Key Realty
  • Office Phone: (800) 827-2178
  • Listing Agent: Jill Curione

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: 12/22/2024, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 16, 2020Home Sold
$279,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,620$278,450
2020$2,781$215,530
2019$2,823$215,530
2018$2,823$215,530
2017$2,823$215,530

History based on county public records data.

Payment Calculator

$2,413

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,475

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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-914920
7
/10

  • Charles England Elementary School

  • 111 Cornelia St

  • 1.26 miles

  • Public District Grades 1-5

school-card-donut-914921
4
/10

  • Southwest Elementary School

  • 434 Central Ave

  • 2.66 miles

  • Public District Grades 1-5

school-card-donut-914922
5
/10

  • Pickett Elementary School

  • 200 Biesecker Rd

  • 3.54 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. Residents of Lexington, NC typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 311 Balsam Dr

What is the listing price of this property?

The listing price of 311 Balsam Dr property is $469,900.

What type of property is this?

The property 311 Balsam Dr is a house located in Lexington, North Carolina, 27292.

Is this property for sale now?

Active Listing: 311 Balsam Dr 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 $3,620 (source: MLS/based on county public records data).

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

The last sale was on April 16, 2020 for $279,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 311 Balsam Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 311 Balsam Dr is 3,480 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 311 Balsam Dr is 1976.

Rocket Homes›North Carolina›Davidson County›Lexington›27292›311 Balsam Dr

This home is located at 311 Balsam Dr in Lexington, NC and zip code 27292. This 3,480 square foot home was built in 1976. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $469,900.

While more than 16 listings in Lexington, NC in November 2024 were sold above asking price, there were more than 29 listings sold at asking price, and more than 53 were sold below. The number of homes for sale in Lexington, NC decreased by 6.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 54 days, the median list price was $290,192.

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

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