1587 Enterprise Rd
Lexington, NC 27295
4 bd 3 ba 3,150 sqft Built 1997 Lot 40,075 sqft single_family
Most recent sale
$375,000
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 15, 2022 | Sold | $375,000 | MLS #1076207 |
| Jul 6, 2022 | Listed | $369,900 | MLS #1076207 |
| Jul 30, 2011 | Listing removed | $235,000 | TriadMLS |
| Mar 22, 2011 | Listed | $235,000 | MLS #567335 |
| Jun 16, 2009 | Listing removed | $233,900 | TriadMLS |
| Feb 21, 2009 | Listing removed | $233,900 | TriadMLS |
| Feb 18, 2009 | Listing removed | $233,900 | TriadMLS |
| Jan 19, 2009 | Listing removed | $233,900 | LexingtonNC |
| Jul 24, 2008 | Listed | $233,900 | MLS #91493 |
| Jul 18, 2008 | Listed | $233,900 | MLS #500268 |
| May 31, 2002 | Sold | $190,000 | Public Record |
| Oct 1, 1997 | Sold | $165,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $192,720 | $36,000 | $228,720 | $1,441 |
| 2023 | $192,720 | $36,000 | $228,720 | $1,441 |
| 2022 | $192,720 | $36,000 | $228,720 | $1,441 |
| 2021 | $192,720 | $36,000 | $228,720 | $1,442 |
| 2020 | $176,130 | $36,000 | $212,130 | $1,337 |
| 2019 | $176,130 | $36,000 | $212,130 | $1,315 |
| 2018 | $175,660 | $36,000 | $211,660 | $1,312 |
| 2017 | $175,660 | $36,000 | $211,660 | $1,312 |
| 2016 | $175,660 | $36,000 | $211,660 | $1,312 |
| 2015 | $175,660 | $36,000 | $211,660 | $1,312 |
| 2014 | $204,390 | $36,000 | $240,390 | $1,506 |
| 2013 | $204,390 | $36,000 | $240,390 | $1,490 |
| 2012 | $204,390 | $36,000 | $240,390 | $1,490 |
| 2011 | $204,390 | $36,000 | $240,390 | $1,490 |
| 2010 | $204,390 | $36,000 | $240,390 | $1,490 |
| 2009 | $204,390 | $36,000 | $240,390 | $1,490 |
| 2008 | $204,390 | $36,000 | $240,390 | $1,490 |
| 2007 | $204,390 | $36,000 | $240,390 | $1,490 |
Property facts
Year built
1997
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,150 sqft
Lot size
40,075 sqft
ZIP code
27295
City
Lexington
Street
Enterprise Rd
Coordinates
35.94547, -80.25905
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,253
Gross rental yield
13.61%
Implied cap rate
8.85%
Trend-extrapolated value
—
Frequently asked questions
When did 1587 Enterprise Rd last sell?
1587 Enterprise Rd most recently sold on Sep 15, 2022 for $375,000.
What is the current tax assessment for 1587 Enterprise Rd?
The most recent total assessment for 1587 Enterprise Rd (year 2025) is $228,720 with $1,441 in property tax.
How does 1587 Enterprise Rd's assessment compare to its last sale price?
The current assessment is 39.0% below the last sale price of $375,000.
When was 1587 Enterprise Rd built?
1587 Enterprise Rd was built in 1997.
How does 1587 Enterprise Rd compare to others on Enterprise Rd?
We track 8 other properties on Enterprise Rd. Browse the list under "Other properties on Enterprise Rd" to compare beds, baths, and sale history.
What are the property facts for 1587 Enterprise Rd?
1587 Enterprise Rd is a 4 bed, 3 bath, 3,150 sqft, 40,075 sqft lot single_family.
Is 1587 Enterprise Rd a flip candidate?
No — 1587 Enterprise Rd does not appear in our flips dataset.
Is 1587 Enterprise Rd a tax-appeal candidate?
No — 1587 Enterprise Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$227.1K
2026 Q4
$227.1K
ZIP 27295 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Enterprise Rd