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118 Preakness Dr; Archer Lodge, NC Property Details

118 Preakness Dr, Archer Lodge, NC is a Single Family that was built in 1996. This property is currently a cash purchase and is not for sale. Our records show that 118 Preakness Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,072 square feet. The lot size of 118 Preakness Dr is 84,942 square feet.

Off market
118 Preakness Dr Archer Lodge, NC 27527
$125,000 Listing Price
3 Beds
2 Baths
2,072 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1996
  • Purchase Price: $340,000
  • Open Loans / Balance: 1 / $24,558
  • Est. Equity / %: $360,442 / 93.62%
  • Gross Yield: 6.455%
  • APN: 16J04069
  • Situs County: Johnston
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C+
  • Roof Type: Gable Or Hip
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 2,072/SqFt
  • Lot: 84,942/SqFt
  • Gross: 2,520/SqFt
  • Living: 2,072/SqFt
  • Building: 2,072/SqFt
  • Ground: 2,072/SqFt
  • Price Per Square Foot: $164.09

Legal Description

  • Description: LOT 69 HORSEMAN'S RUN 44/237
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Johnston County Schools
  • Lat / Lon: 35.673412 / -78.35762
  • Subdivision: Horsemans Run Subdivision
  • Property Class: Residential
  • Zoning: RAG
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 6284
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Heat Pump

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

118 Preakness Dr has no associated ownership info
118 Preakness Dr has no associated ownership info.

Taxes

118 Preakness Dr has 10 associated Taxes items

118 Preakness Dr, Archer Lodge, NC pays taxes in Johnston County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $319,320. The APN we've located for 118 Preakness Dr is 16J04069.

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Taxes
  • Assessed Value:  $319,320
  • Assessed Year:  2025
  • Assessed County:  Johnston
  • APN:  16J04069
  • Assessed Land Value:  80000
  • Market Land Value:  80000
  • Tax Amount:  2618.42
  • Tax Year:  2025
  • Market Value:  319320
  • Market Year:  2025

Tax History

118 Preakness Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $319,320 Land Value $80,000 Improvement Value $239,320 Tax Amount $2,618.42 Change Rate +0.165446% Assessed CR Tax Rate +0.0082%
Year 2024 Assessed Value $226,940 Land Value $60,000 Improvement Value $166,940 Tax Amount $2,246.71 Change Rate Assessed CR Tax Rate +0.0099%
Year 2023 Assessed Value $226,940 Land Value $60,000 Improvement Value $166,940 Tax Amount $2,246.71 Change Rate -0.009998% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $226,940 Land Value $60,000 Improvement Value $166,940 Tax Amount $2,269.4 Change Rate +0.052632% Assessed CR Tax Rate +0.01%
Year 2021 Assessed Value $226,940 Land Value $60,000 Improvement Value $166,940 Tax Amount $2,155.93 Change Rate -0.030611% Assessed CR Tax Rate +0.0095%
Year 2020 Assessed Value $226,940 Land Value $60,000 Improvement Value $166,940 Tax Amount $2,224.01 Change Rate Assessed CR Tax Rate +0.0098%
Year 2019 Assessed Value $226,940 Land Value $60,000 Improvement Value $166,940 Tax Amount $2,224.01 Change Rate +0.267242% Assessed CR Tax Rate +0.0098%
Year 2018 Assessed Value $175,500 Land Value $40,950 Improvement Value $134,550 Tax Amount $1,755 Change Rate +0.020408% Assessed CR Tax Rate +0.01%
Year 2017 Assessed Value $175,500 Land Value $40,950 Improvement Value $134,550 Tax Amount $1,719.9 Change Rate Assessed CR Tax Rate +0.0098%
Year 2016 Assessed Value $175,500 Land Value $40,950 Improvement Value $134,550 Tax Amount $1,719.9 Change Rate Assessed CR Tax Rate +0.0098%
Year 2015 Assessed Value $175,500 Land Value $40,950 Improvement Value $134,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $175,500 Land Value $40,950 Improvement Value $134,550 Tax Amount $1,632.15 Change Rate Assessed CR Tax Rate +0.0093%