257 John T Farabee Ln, Lexington, NC, 27295

$200,000

Home List Price

$2,375*

Closing Credit

5 Bedrooms
3 Full Baths
1,773 SqFt
$113/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

257 John T Farabee Ln, Lexington$200,000

Buyer Closing Credits

$2,375*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1997
HeatingCentral
CoolingCentral Air, Heat Pump
MLS #4115243
StatusAccepting Backup Offers
(Active Under Contract)

About 257 John T Farabee Ln

Discover the perfect blend of luxury, comfort and space with this stunning 5 bedroom, 3 bathroom home situated on a large .92 acre lot. Freshly updated to meet the highest standards of modern living, this residence offers an open floor plan designed with your utmost comfort and convenience in mind. Inside, a spacious family room with vaulted ceilings offers a prime spot for movie nights and memories. Adjacent, the dining area and modern kitchen, complete with freshly painted cabinets and plenty of counter space are perfect for family meals and culinary creations. The primary suite is a haven of peace with a large garden tub, dual vanities and shower. Four additional bedrooms provide ample space, two share a Jack and Jill bathroom and two have easy access to another full bath. The nearly acre lot is ready for your outdoor dreams, from gardens to play areas. Seize this chance to make this serene and spacious property your own. Schedule a showing today and see the potential firsthand!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1997
  • Living Area: 1,773 SqFt

Listing Office:

  • Office Name: EXP Realty LLC Ballantyne

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven
  • Basement: No
  • Interior: Garden Tub, Hot Tub, Open Floorplan, Pantry, Split Bedroom, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000
  • Price Per SqFt: $113/SqFt

Tax Information:

  • Annual Amount: $587
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Lexington, NC

City

Med. Sold Price

$282.1K

Med. Price/SqFt

$156

Avg. Days On Market

46

# of Sold Homes

90

257 John T Farabee Ln vs Lexington

59 DAYS ON ROCKET

+13 Days

$200,000

-$82.1K Less

$113/SqFt

-$43 Less

KEY TAKEAWAY

This property is $82.1K less than the Median Sold Price and $43/SqFt less than other homes in Lexington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4115243

Listing Office:

  • Office Name: EXP Realty LLC Ballantyne

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:51:31 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

Feb 10, 2021Home Sold
$90,000
Mar 08, 2005Home Sold
$71,000
Mar 02, 2005Home Sold
$48,000
Jul 16, 2004Home Sold
$77,400

Tax History

YEARPROP. TAXASSESSMENT
2021$587$96,040
2020$431$70,640
2019$437$70,640
2018$420$67,820
2017$420$67,820

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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-5190436
6
/10

  • Reeds Elementary School

  • 791 S Nc Highway 150

  • 2.44 miles

  • Public District Grades PK-5

school-card-donut-5190437
4
/10

  • Tyro Elementary School

  • 450 Cow Palace Rd

  • 3.28 miles

  • Public District Grades PK-5

school-card-donut-5190438
5
/10

  • Churchland Elementary School

  • 7571 S Nc Highway 150

  • 3.74 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,591. The majority of Lexington, NC residents have income between $35k-100k annually. Residents typically live in married, no kids family. 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 257 John T Farabee Ln

What is the listing price of this property?

The listing price of 257 John T Farabee Ln property is $200,000.

What type of property is this?

The property 257 John T Farabee Ln is a house located in Lexington, North Carolina, 27295.

Is this property for sale now?

Accepting Backup Offers: 257 John T Farabee Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $587 (source: MLS/based on county public records data).

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

The last sale was on February 10, 2021 for $90,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 257 John T Farabee Ln has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 257 John T Farabee Ln is 1,773 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 257 John T Farabee Ln is 1997.

Rocket Homes›North Carolina›Davidson County›Lexington›27295›257 John T Farabee Ln

This home is located at 257 John T Farabee Ln in Lexington, NC and zip code 27295. This 1,773 square foot home was built in 1997. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $200,000.

Over 11 listings were sold over their listed price in April 2024 in Lexington, NC. In the same period over 42 listings were sold below the listed price and 37 listings were sold for the listed price. The number of listings in Lexington, NC increased by 5.2% between March 2024 and April 2024. In April 2024 median list price was $282,115 and the average listing age was 46 days.

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

More Resources