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242 Fairview Dr

Lexington, NC 27292

3 bd 1 ba 969 sqft Built 1987 Lot 6,316 sqft single_family
Most recent sale
$127,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $127,000 MLS #1072321
Jun 21, 2022 Price changed $127,000 MLS #1072321
Jun 10, 2022 Listed $149,900 MLS #1072321
Oct 28, 2021 Sold $70,000 Public Record
Sep 10, 2021 Listed $80,000 MLS #1042051
Jun 3, 2021 Sold $98,000 Public Record
Jun 21, 2018 Listing removed $40,900 LexingtonNC
May 24, 2018 Price changed $40,900 MLS #799241
Mar 2, 2018 Relisted $36,900 MLS #799241
Feb 5, 2018 Relisted $36,900 MLS #799241
Dec 31, 2017 Listing removed $36,900 LexingtonNC
Nov 29, 2017 Price changed $36,900 MLS #799241
Jun 16, 2017 Listed $39,900 MLS #839211
Jun 15, 2017 Price changed $39,900 MLS #799241
Jun 22, 2016 Listed $44,500 MLS #799241
Jan 1, 2016 Listing removed $35,900 TriadMLS
Jun 10, 2015 Relisted $35,900 MLS #724492
Jun 2, 2015 Listing removed $40,900 TriadMLS
May 13, 2015 Price changed $40,900 MLS #724492
Nov 14, 2014 Listed $49,900 MLS #724492

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $70,580 $13,070 $83,650 $1,087
2023 $70,580 $13,070 $83,650 $1,087
2022 $56,560 $12,200 $68,760 $893
2021 $56,560 $12,200 $68,760 $894
2020 $51,500 $12,200 $63,700 $822
2019 $53,460 $12,200 $65,660 $860
2018 $53,460 $12,200 $65,660 $860
2017 $53,460 $12,200 $65,660 $860
2016 $53,460 $12,200 $65,660 $860
2015 $53,460 $12,200 $65,660 $827
2014 $54,700 $25,200 $79,900 $1,007
2013 $54,700 $25,200 $79,900 $1,007
2012 $54,700 $25,200 $79,900 $1,007
2011 $32,560 $21,600 $54,160 $661
2010 $32,560 $21,600 $54,160 $661
2009 $32,560 $21,600 $54,160 $661
2008 $32,560 $21,600 $54,160 $661
2007 $32,560 $21,600 $54,160 $647

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
969 sqft
Lot size
6,316 sqft
ZIP code
27292
City
Lexington
Street
Fairview Dr
Coordinates
35.81585, -80.25058

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,308
Gross rental yield
12.36%
Implied cap rate
8.03%
Trend-extrapolated value

Frequently asked questions

When did 242 Fairview Dr last sell?
242 Fairview Dr most recently sold on Jul 19, 2022 for $127,000.
What is the current tax assessment for 242 Fairview Dr?
The most recent total assessment for 242 Fairview Dr (year 2025) is $83,650 with $1,087 in property tax.
How does 242 Fairview Dr's assessment compare to its last sale price?
The current assessment is 34.1% below the last sale price of $127,000.
When was 242 Fairview Dr built?
242 Fairview Dr was built in 1987.
How does 242 Fairview Dr compare to others on Fairview Dr?
We track 8 other properties on Fairview Dr. Browse the list under "Other properties on Fairview Dr" to compare beds, baths, and sale history.
What are the property facts for 242 Fairview Dr?
242 Fairview Dr is a 3 bed, 1 bath, 969 sqft, 6,316 sqft lot single_family.
Is 242 Fairview Dr a flip candidate?
Yes — 242 Fairview Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 242 Fairview Dr a tax-appeal candidate?
No — 242 Fairview 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
-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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