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$235,000 Just Listed
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Property Description
Check out this 3 bedroom with 2 bathroom brick ranch in Lexington offering the ease of single-level living in a convenient location near Davidson County Airport and major highways. This home features a functional floor plan with comfortable living spaces and a versatile multipurpose room perfect for a home office, playroom, den, workout area, or hobby space. The classic brick exterior offers timeless curb appeal, while the interior provides a warm and inviting feel ready for its next owner. Step outside to enjoy the fenced backyard with a deck, ideal for entertaining, grilling, or simply relaxing in your own private outdoor space. The flat front yard adds to the home's appeal and usability, and the setting offers a sense of privacy while still being close to everyday conveniences. A great option for buyers seeking space, flexibility, and accessibility.
Full Property Details
Full Property Details for 131 Cherry Ln
General
- Price: $235,000
- Taxes: $1,708
- Status: Active
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1212654
- Updated: 3/18/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- 1st/Main Floor Primary: Yes
Parking
- Parking Features: Driveway
Location
- County: Davidson
- Subdivision: None
- Driving Directions: From Salisbury, I-85 Bus N/US-29 N toward Lexington. Merge onto US-52 S/I-85. Take the exit for E Center St/E US Hwy 64. Turn L on E Center St. Turn R on N Main St. Turn L on E 9th Ave. Continue on Old Linwood Rd. Turn R on Cherry Ln. Home will be on left
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Exterior Const.: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: One
- Heated/Cooled: 1,241 Sq. Ft.
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.43
- Road Maintenance: Public Maintained Road
- Fencing (Description): Fenced
Financial Considerations
- Price Per Acre: $546,511.6279
- Tax Amount: $1,708
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Southern Key Realty
Get Pre-Approved Today
Schools
Schools serving 131 Cherry Ln
School District:Davidson County Schools
| Name | Grades | Distance |
|---|---|---|
Southwood Elementary, Lexington, NC 5850 North Carolina 8, Lexington, NC 27292 | K-5 | 3.3 mi |
Central Davidson Middle 2591 North Carolina 47, Lexington, NC 27292 | 6-8 | 5 mi |
Central Davidson High 2747 North Carolina 47, Lexington, NC 27292 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131 Cherry Ln
Date
Details
Price
Change
Source
3/18/2026
Listed
$235,000
38.24%
MLS
8/18/2021
Sold
$170,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 131 Cherry Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,708
—
$144,500
—
2024
$1,708
-1%
$144,500
—
2023
$1,720
—
$144,500
—
2022
$1,720
8%
$144,500
7%
2021
$1,595
31%
$134,960
32%
2019
$1,218
—
$102,390
—
2018
$1,218
—
$102,390
—
2017
$1,218
—
$102,390
—
2016
$1,218
12%
$102,390
8%
2015
$1,084
-14%
$95,120
-14%
2014
$1,264
—
$110,870
—
2013
$1,264
—
$110,870
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 131 Cherry Ln
131 Cherry Lane, Lexington, NC 27292 (MLS# 1212654) is a Single Family property with 3 bedrooms and 2 full bathrooms. 131 Cherry Lane is currently listed for $235,000 and was received on March 18, 2026. Want to learn more about 131 Cherry Lane? Do you have questions about finding other Single Family real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

