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20 Covey Ct

Lexington, NC 27292

3 bd 3 ba 1,220 sqft Built 2022 Lot 6,250 sqft single_family
Most recent sale
$239,990
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $239,990 MLS #1061524
Mar 10, 2022 Listed $239,990 MLS #1061524

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $114,040 $45,000 $159,040 $2,067
2023 $114,040 $45,000 $159,040 $2,067
2022 $45,000 $45,000 $585

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,220 sqft
Lot size
6,250 sqft
ZIP code
27292
City
Lexington
Street
Covey Ct
Coordinates
35.81502, -80.27659

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
$1,647
Gross rental yield
8.24%
Implied cap rate
5.35%
Trend-extrapolated value

Frequently asked questions

When did 20 Covey Ct last sell?
20 Covey Ct most recently sold on Jun 30, 2022 for $239,990.
What is the current tax assessment for 20 Covey Ct?
The most recent total assessment for 20 Covey Ct (year 2025) is $159,040 with $2,067 in property tax.
How does 20 Covey Ct's assessment compare to its last sale price?
The current assessment is 33.7% below the last sale price of $239,990.
When was 20 Covey Ct built?
20 Covey Ct was built in 2022.
How does 20 Covey Ct compare to others on Covey Ct?
We track 8 other properties on Covey Ct. Browse the list under "Other properties on Covey Ct" to compare beds, baths, and sale history.
What are the property facts for 20 Covey Ct?
20 Covey Ct is a 3 bed, 3 bath, 1,220 sqft, 6,250 sqft lot single_family.
Is 20 Covey Ct a flip candidate?
No — 20 Covey Ct does not appear in our flips dataset.
Is 20 Covey Ct a tax-appeal candidate?
No — 20 Covey 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
-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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