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401 Derfmar Dr

Lexington, NC 27295

2 bd 1 ba 1,040 sqft Built 1946 Lot 130,680 sqft single_family
Most recent sale
$153,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $153,000 MLS #1064159
Apr 6, 2022 Listed $144,900 MLS #1064159
Aug 27, 2020 Sold $40,000 MLS #972386
Aug 18, 2019 Price changed $66,000 MLS #930102
Jul 10, 2019 Price changed $80,000 MLS #930102
Apr 29, 2019 Listed $86,000 MLS #930102
Apr 29, 2019 Price changed $86,000 MLS #918803
Mar 13, 2019 Listed $88,000 MLS #918803

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $94,230 $29,520 $123,750 $755
2023 $94,230 $29,520 $123,750 $731
2022 $44,210 $29,520 $73,730 $435
2021 $44,210 $29,520 $73,730 $436
2020 $40,180 $25,920 $66,100 $391
2019 $40,180 $25,920 $66,100 $397
2018 $40,180 $25,920 $66,100 $383
2017 $40,180 $25,920 $66,100 $383
2016 $40,180 $25,920 $66,100 $383
2015 $40,180 $25,920 $66,100 $383
2014 $24,410 $22,680 $47,090 $273
2013 $24,410 $22,680 $47,090 $273
2012 $24,410 $22,680 $47,090 $273
2011 $24,410 $22,680 $47,090 $273
2010 $24,410 $22,680 $47,090 $273
2009 $24,410 $22,680 $47,090 $273
2008 $24,410 $22,680 $47,090 $128
2007 $24,410 $22,680 $47,090 $157

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,040 sqft
Lot size
130,680 sqft
ZIP code
27295
City
Lexington
Street
Derfmar Dr
Coordinates
35.89125, -80.33171

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,404
Gross rental yield
11.01%
Implied cap rate
7.16%
Trend-extrapolated value

Frequently asked questions

When did 401 Derfmar Dr last sell?
401 Derfmar Dr most recently sold on May 6, 2022 for $153,000.
What is the current tax assessment for 401 Derfmar Dr?
The most recent total assessment for 401 Derfmar Dr (year 2025) is $123,750 with $755 in property tax.
How does 401 Derfmar Dr's assessment compare to its last sale price?
The current assessment is 19.1% below the last sale price of $153,000.
When was 401 Derfmar Dr built?
401 Derfmar Dr was built in 1946.
How does 401 Derfmar Dr compare to others on Derfmar Dr?
We track 1 other property on Derfmar Dr. Browse the list under "Other properties on Derfmar Dr" to compare beds, baths, and sale history.
What are the property facts for 401 Derfmar Dr?
401 Derfmar Dr is a 2 bed, 1 bath, 1,040 sqft, 130,680 sqft lot single_family.
Is 401 Derfmar Dr a flip candidate?
Yes — 401 Derfmar Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 401 Derfmar Dr a tax-appeal candidate?
No — 401 Derfmar Dr 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
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$227.1K
2026 Q4
$227.1K
ZIP 27295 — Median Price History + Forecast

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