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116 Lexington Dr, Sanford, NC, 27332

4beds
4baths
2,492sqft
$424,000
$170price/sqft
$2,895/moest. monthly cost
$115,800/yrincome needed

About This Home

Size AND location! 2/1 buydown to have lower payments for 2 years! Located just outside the city limits, this Sanford beauty has almost 2500 square feet of space with 4 bedrooms, 3.5 baths, and a 2 car garage. The primary suite checks all the luxury boxes with a walkin closet, dual vanities, tub and shower, an spacious bedroom. The laundry is located on the second floor also for convenience to all the bedrooms. The entire first floor is open for entertainment and ease. Built in 2022, you will have a head start on maintenance since everything is only 4 years old!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

4/10
East Lee Middle SchoolGrades 6-81.7 mi
2/10
Lee County High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Asphalt,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Arts & Crafts, Transitional
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Ceramic Tile,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,492

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,492
  • Total interior livable area: 2,492 sqft

Property

Details

  • Parcel number: 966184325700
  • Zoning: RR
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes

Lot

  • Lot size: 0.69 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Hurricane
Heat Wave
Ice Storm
Tornado
Winter Weather

FEMA Declared Disasters in Lee County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,143$25,716
Home Insurance *$236$2,832
Property Taxes $284$3,408
Electricity $232$2,785
Total$2,895$34,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,257/yr
40% on housing$86,850/yr
45% on housing$77,200/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$170This listing

vs Other Active Listings

Avg $/sqft

ZIP 27332$167
Lee County$159

vs Homes Sold Last Month

Median $/sqft

ZIP 27332$167
Lee County$169

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Price change$424,000
2026-03-18Listed for sale$425,000
2024-09-13Listing removed$2,375
2024-02-15Listing removed--
2024-01-25Price change$2,375
2024-01-17Listed for rent$2,475
2024-01-12Listing removed--
2023-09-06Listed for sale$435,000
2022-08-02Sold$405,000

For Sale by Agent

AgentMatthew Lewis Lawing
BrokerageWest & Woodall Real Estate - D

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