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508 Lemontree Ct

Graham, NC 27253

3 bd 3 ba 1,498 sqft Built 1989 Lot 13,504 sqft single_family
Most recent sale
$275,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $275,000 MLS #1068022
May 5, 2022 Listed $240,000 MLS #1068022
Sep 29, 2016 Sold $137,000 Public Record
Aug 19, 2016 Listing removed $137,000 AlamanceMLS
Aug 18, 2016 Price changed $137,000 MLS #2073353
Jun 15, 2016 Listed $139,900 MLS #91808
Oct 24, 2005 Sold $134,000 Public Record
Dec 1, 1999 Sold $123,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $235,789 $31,000 $266,789 $1,311
2024 $235,789 $31,000 $266,789 $1,244
2023 $235,789 $31,000 $266,789 $1,146
2022 $96,312 $30,000 $126,312 $1,391
2021 $96,312 $30,000 $126,312 $1,404
2020 $96,312 $30,000 $126,312 $1,417
2019 $96,312 $30,000 $126,312 $1,421
2018 $96,312 $30,000 $126,312 $1,320
2017 $96,312 $30,000 $126,312 $1,307
2016 $104,274 $30,000 $134,274 $1,390
2015 $104,274 $30,000 $134,274 $775
2014 $104,503 $30,000 $134,503 $713
2013 $104,503 $30,000 $134,503 $726
2012 $104,503 $30,000 $134,503 $696
2011 $104,503 $30,000 $134,503 $699
2010 $104,503 $30,000 $134,503 $699
2009 $104,503 $30,000 $134,503 $699
2008 $95,320 $26,694 $122,014 $1,293
2007 $95,320 $26,694 $122,014 $707

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,498 sqft
Lot size
13,504 sqft
ZIP code
27253
City
Graham
Street
Lemontree Ct
Coordinates
36.04931, -79.39009

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,022
Gross rental yield
8.82%
Implied cap rate
5.74%
Trend-extrapolated value

Frequently asked questions

When did 508 Lemontree Ct last sell?
508 Lemontree Ct most recently sold on Jun 2, 2022 for $275,000.
What is the current tax assessment for 508 Lemontree Ct?
The most recent total assessment for 508 Lemontree Ct (year 2025) is $266,789 with $1,311 in property tax.
How does 508 Lemontree Ct's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $275,000.
When was 508 Lemontree Ct built?
508 Lemontree Ct was built in 1989.
How does 508 Lemontree Ct compare to others on Lemontree Ct?
We track 3 other properties on Lemontree Ct. Browse the list under "Other properties on Lemontree Ct" to compare beds, baths, and sale history.
What are the property facts for 508 Lemontree Ct?
508 Lemontree Ct is a 3 bed, 3 bath, 1,498 sqft, 13,504 sqft lot single_family.
Is 508 Lemontree Ct a flip candidate?
No — 508 Lemontree Ct does not appear in our flips dataset.
Is 508 Lemontree Ct a tax-appeal candidate?
No — 508 Lemontree Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.6%
Implied 1-yr
-10.6%
2026 Q3
$251K
2026 Q4
$243K
ZIP 27253 — Median Price History + Forecast

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