407 1st Avenue Ext
Lexington, NC 27292
2 bd 1 ba 1,118 sqft Built 1950 Lot 9,148 sqft single_family
Most recent sale
$63,500
Oct 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 4, 2022 | Sold | $63,500 | MLS #1084193 |
| Sep 15, 2022 | Listed | $60,000 | MLS #1084193 |
| Apr 8, 2002 | Sold | $53,000 | Public Record |
| Oct 1, 1997 | Sold | $32,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $35,590 | $18,300 | $53,890 | $700 |
| 2023 | $35,590 | $18,300 | $53,890 | $700 |
| 2022 | $35,590 | $18,300 | $53,890 | $350 |
| 2021 | $35,590 | $18,300 | $53,890 | $350 |
| 2020 | $36,330 | $18,300 | $54,630 | $382 |
| 2019 | $36,330 | $18,300 | $54,630 | $388 |
| 2018 | $36,330 | $18,300 | $54,630 | $388 |
| 2017 | $36,330 | $18,300 | $54,630 | $388 |
| 2016 | $36,330 | $18,300 | $54,630 | $388 |
| 2015 | $36,330 | $18,300 | $54,630 | $373 |
| 2014 | $30,660 | $23,900 | $54,560 | $372 |
| 2013 | $30,660 | $23,900 | $54,560 | $372 |
| 2012 | $30,660 | $23,900 | $54,560 | $344 |
| 2011 | $30,660 | $23,900 | $54,560 | $333 |
| 2010 | $30,660 | $23,900 | $54,560 | $333 |
| 2009 | $30,660 | $23,900 | $54,560 | $333 |
| 2008 | $30,660 | $23,900 | $54,560 | $333 |
| 2007 | $30,660 | $23,900 | $54,560 | $326 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,118 sqft
Lot size
9,148 sqft
ZIP code
27292
City
Lexington
Street
1st Avenue Ext
Coordinates
35.81837, -80.24944
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$381
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 407 1st Avenue Ext last sell?
407 1st Avenue Ext most recently sold on Oct 4, 2022 for $63,500.
What is the current tax assessment for 407 1st Avenue Ext?
The most recent total assessment for 407 1st Avenue Ext (year 2025) is $53,890 with $700 in property tax.
How does 407 1st Avenue Ext's assessment compare to its last sale price?
The current assessment is 15.1% below the last sale price of $63,500.
When was 407 1st Avenue Ext built?
407 1st Avenue Ext was built in 1950.
How does 407 1st Avenue Ext compare to others on 1st Avenue Ext?
We do not currently track other properties on 1st Avenue Ext.
What are the property facts for 407 1st Avenue Ext?
407 1st Avenue Ext is a 2 bed, 1 bath, 1,118 sqft, 9,148 sqft lot single_family.
Is 407 1st Avenue Ext a flip candidate?
No — 407 1st Avenue Ext does not appear in our flips dataset.
Is 407 1st Avenue Ext a tax-appeal candidate?
No — 407 1st Avenue Ext is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.8%
Implied 1-yr
-19.0%
2026 Q3
$252.1K
2026 Q4
$234.8K
ZIP 27292 — Median Price History + Forecast
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Geography