7 Covey Ct
Lexington, NC 27292
3 bd 3 ba 1,220 sqft Built 2022 Lot 6,098 sqft single_family
Most recent sale
$241,876
Sep 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 21, 2022 | Sold | $241,876 | MLS #1062519 |
| Mar 17, 2022 | Listed | $244,990 | MLS #1062519 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $113,950 | $45,000 | $158,950 | $2,066 |
| 2023 | $113,950 | $45,000 | $158,950 | $2,066 |
| 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
6,098 sqft
ZIP code
27292
City
Lexington
Street
Covey Ct
Coordinates
35.81594, -80.27589
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,647
Gross rental yield
8.17%
Implied cap rate
5.31%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Covey Ct last sell?
7 Covey Ct most recently sold on Sep 21, 2022 for $241,876.
What is the current tax assessment for 7 Covey Ct?
The most recent total assessment for 7 Covey Ct (year 2025) is $158,950 with $2,066 in property tax.
How does 7 Covey Ct's assessment compare to its last sale price?
The current assessment is 34.3% below the last sale price of $241,876.
When was 7 Covey Ct built?
7 Covey Ct was built in 2022.
How does 7 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 7 Covey Ct?
7 Covey Ct is a 3 bed, 3 bath, 1,220 sqft, 6,098 sqft lot single_family.
Is 7 Covey Ct a flip candidate?
No — 7 Covey Ct does not appear in our flips dataset.
Is 7 Covey Ct a tax-appeal candidate?
No — 7 Covey Ct 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
Explore nearby
Geography
Other properties on Covey Ct