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387 Grove Park Lane

387 Grove Park Lane, Lexington, NC 27295
Property in Davidson
Sold Sep 25, 2003
$350,000
$303,463 by Suntrust Mortgage Inc
Mortgage Due Jan 01, 2043
Sold Mar 05, 2003
$43,500
387 Grove Park Lane has been categorized by the local assessors in Lexington, NC as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 387 Grove Park Lane has 2,231 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,354 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 1,705 sqft. According to our sources, there are a total of 6 available parking spaces. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a cathedral style roof made of wood shake/ shingles. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 387 Grove Park Lane sold most recently in Sep 25, 2003 for a total of $350,000. If you work out the math, that's approximately a cost of $57.47 per sqft. Before that, the property was also sold for $43,500 in Mar 5, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,414 in taxes each year. 387 Grove Park Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $360,280. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,354
  • Garage Type: Mixed use
  • Garage Square Area: 1,705
  • Parking Space Count: 6
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 6,090
  • Gross Building Area: 6,090
  • Building Area: 6,090
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,231
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB35-80 L3 BK2082-2204 GROVE PARK

Ownership

  • Current Owner : JEFFERSON PHILIP K
  • Previous Owner : BARNEY CONSTRUCTION INC
  • Owner Before Previous Owner: LANDPLUS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Davidson County Schools
  • School Tax School District: C
  • School Tax District Code 2: FR21
  • Census Tract: 060203

Zoning

  • Zoning: RA3

Geography

  • Assessors Map Reference: MAP 022
  • Account Number: 9204836
  • District: 13
  • Parcel: 13-022-A-000-0003
  • Municipality: MIDWAY
  • Latitude: 35.9553
  • Longitude: -80.2505

    Address

  • Full Address: 387 Grove Park Ln
  • Address - House Number: 387
  • Address - Street Name: Grove Park
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Lexington
  • Carrier Code: R010
  • 4-Digit Zip Code: 7091
  • Zip Code: 27295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,414

    Appraisal Valuation

  • Standard Deviation: 0.257
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 63
  • Final Value: 567,905
  • High Value: 713,894
  • Low Value: 421,915

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $462,863
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 11, 2012
  • First Open Lien Mortgage Loan Amount: $303,463
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2043
  • Second Open Lien Mortgage Lender: TRULIANT FCU
  • Second Open Lien Mortgage Recording Date: Apr 28, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $159,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 23, 2051

    Market Valuation

  • Market Total Value: $360,280
  • Market Land Value: $39,000
  • Market Improvement Value: $321,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,280

    Sales

  • Current Sale Contract Date: Sep 25, 2003
  • Current Sale Recording Date: Sep 25, 2003
  • Current Sale Transaction ID: 1714598349
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 05, 2003
  • Previous Sale Contract Date: Mar 05, 2003
  • Previous Sale Amount: $43,500
  • Previous Sale Document Type: Deed

About Davidson



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Frequently Asked Questions

What neighborhood is 387 Grove Park Lane located in?
The 387 Grove Park Lane is a located in the neighborhood of Davidson in Davidson, Lexington.
What is the average sales price for listings in 387 Grove Park Lane?
The average sales price for units in 387 Grove Park Lane is $0 currently.

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