20 days on rocket

852 Terrace Dr, Lexington, NC, 27295

$535,000

Home List Price

$6,353*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,796 SqFt
$141/SqFt
House

Location

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852 Terrace Dr, Lexington$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Attached
Attached Garage1 space
Year Built1995
HeatingHeat Pump, Electric
CoolingCentral Air
BasementYes
FireplaceLiving Room
MLS #1162841
Lot Size0.80 Acres
StatusActive

About 852 Terrace Dr

Welcome to this beautiful and spacious 3-bedroom, 2.5-bathroom home in the heart of Lexington, NC! The home boasts a finished basement, offering plenty of extra living space for a home office, gym, or recreation room. The main level offers a bright and open living room, a well-equipped kitchen with modern appliances, and a dining area perfect for gatherings. Each of the three bedrooms provides comfortable space, with the primary on the main level featuring an en-suite bathroom for added privacy. Step outside to your backyard oasis, where you can take a refreshing dip in the pool, or unwind on the spacious deck area. Located in Meadow Lily, this home is just minutes away from local amenities, schools, and restaurants. As well as a short drive to Winston Salem. Don't miss the opportunity to own this stunning property!

Property Details

Property Features

Property Information:

  • Year Built: 1995
  • Living Area: 3,796 SqFt

Listing Office:

  • Office Name: RE/MAX Realty Consultants
  • Office Phone: (336) 217-9300
  • Listing Agent: Karmen Quakenbush

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Attached

Lot Features

Lot Information:

  • Lot Size: 0.80 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From NC 150 turn onto Meadowlark Drive, turn left onto Terrace Drive, home is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000
  • Price Per SqFt: $141/SqFt

Tax Information:

  • Annual Amount: $2,458
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$290.1K

Med. Price/SqFt

$162

Avg. Days On Market

54

# of Sold Homes

98

852 Terrace Dr vs Lexington

20 DAYS ON ROCKET

-34 Days

$535,000

+$244.8K More

$141/SqFt

-$22 Less

KEY TAKEAWAY

This property is $244.8K more than the Median Sold Price and $22/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: #1162841

Listing Office:

  • Office Name: RE/MAX Realty Consultants
  • Office Phone: (336) 217-9300
  • Listing Agent: Karmen Quakenbush

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: 12/3/2024, 1:20:46 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 02, 2019Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,458$389,880
2020$2,108$334,500
2019$2,091$337,330
2018$2,091$337,330
2017$2,091$337,330

History based on county public records data.

Payment Calculator

$2,738

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

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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-3501396
6
/10
  • Friedberg Elementary School

  • 1131 Friedberg Church Rd

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-3501397
4
/10
  • Northwest Elementary School

  • 400 NW Elementary Rd

  • 2.21 miles

  • Public District Grades KG-5

school-card-donut-3501398
3
/10
  • Kimmel Farm Elementary School

  • 4672 Ebert Rd

  • 2.55 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,196. Typical income of Lexington, NC residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 852 Terrace Dr

What is the listing price of this property?

The listing price of 852 Terrace Dr property is $535,000.

What type of property is this?

The property 852 Terrace Dr is a house located in Lexington, North Carolina, 27295.

Is this property for sale now?

Active Listing: 852 Terrace 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 $2,458 (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 2, 2019 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 852 Terrace Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 852 Terrace Dr is 3,796 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 852 Terrace Dr is 1995.

Rocket Homes›North Carolina›Davidson County›Lexington›27295›852 Terrace Dr

This home is located at 852 Terrace Dr in Lexington, NC and zip code 27295. This 3,796 square foot home, which was built in 1995, sits on a 0.80 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $535,000.

In November 2024 more than 16 listings in Lexington, NC were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 53 were sold below. The number of listings in Lexington, NC decreased by 6.1% between October 2024 and November 2024. In November 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $290,192.

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

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