118 Precision Ln, Lexington, NC 27295 Property Records

Davidson County property record for 118 Precision Ln, Lexington, NC 27295 · Last verified August 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	2 Baths
Year Built	Built 2022
Square Footage	2,668 sqft Total Area
Lot Size	33,541 sqft (0.77 acres)
Occupancy	Owner Occupied
Last Sale	$315,000 (2023)
Tax Bill	$1,170.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`03-014-H-000-0005`
Alternative APNs	`9216866` `9268431`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Building Area	2,668 sqft Total Area
1st Floor	1,452 sqft 1st Floor
Stories	1 Stories
Primary Flooring	Wood Flooring
Interior Structure	Wallboard/Drywall Interior Structure
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 2022
Effective Year Built	Effective 2022
Exterior Material	Aluminum/Vinyl Exterior
Roof Construction	Gable/Hip Roof Construction
Roof Material	Wood Shingle Roof
Lot Area	33,541 sqft (0.77 acres)
Lot Width	159 ft Width
Parking Spaces	2 Parking Spaces
Garage Area	550 sqft Garage
Patio Area	420 sqft Patio
Porch Area	246 sqft Porch
Storage Building	192 sqft Storage Building

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Heat Pump Heating
Heating Fuel	Electric Heating Fuel

Location & Zoning

Account Number	9268431
Street Address	118 PRECISION LN
City	LEXINGTON
State	NC
Zip	27295-7670
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	PB82-71 L5 BK2594-1894 PRECISION PL
Legal Subdivision	PRECISION PLACE
Jurisdiction	DAVIDSON NC
Minor Civil Division	ARCADIA
Census Blockgroup	1
Census Block	1001
Census Tract	60301

Owner

Source: Davidson County records · APN 03-014-H-000-0005

Assessment roll updated September 11, 2025 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	118 PRECISION LN, LEXINGTON, NC 27295-7670
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Apr 11, 2023 · Amount on Record
Deed Sale	Apr 11, 2023 · Amount on Record
Deed Doc Number	20236031
Deed Book / Page	2594 / 1894
Record Refreshed	Sep 20, 2026

April 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DAVIDSON NC
Recording Date	Apr 11, 2023
Property Address	118 PRECISION LN, LEXINGTON, NC 27295-7670
Document Number	0025941894
Book / Page	2594 / 1894
Map Reference	MB 82 PG 71
Instrument Date	Mar 31, 2023
Instrument	2023006031
Transaction Type	Transfer
Record Updated	Aug 25, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$630.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name
Address	PO BOX 569, WELCOME, NC 27374-0569

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	118 PRECISION LANE, LEXINGTON, NC 27295-7670

Mortgage

Document Number	2023006032
Date	Apr 11, 2023
Instrument	2023006032

Lender

Name	FREEDOM MORTGAGE CORP
Type	Subprime Lender

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	May 01, 2053

Tax Assessment & Valuation

Source: Davidson County records · Assessment roll updated September 11, 2025 · Last verified August 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Davidson County
Unified School District	Davidson County Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,170.00	$185,620	$185,620 Land $17,410 Building $168,210