587 Lanier Rd
Lexington, NC 27295
3 bd 3 ba 1,818 sqft Built 1996 Lot 98,446 sqft single_family
Most recent sale
$355,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $355,000 | MLS #1074491 |
| Jun 23, 2022 | Listed | $360,000 | MLS #1074491 |
| Aug 31, 2017 | Sold | $217,000 | Public Record |
| Aug 11, 2017 | Listing removed | $224,900 | LexingtonNC |
| Jul 14, 2017 | Listed | $224,900 | MLS #842879 |
| Nov 2, 2006 | Sold | $198,000 | Public Record |
| Nov 1, 1998 | Sold | $169,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $171,110 | $32,500 | $203,610 | $1,243 |
| 2023 | $171,110 | $32,500 | $203,610 | $1,203 |
| 2022 | $169,600 | $32,500 | $202,100 | $1,194 |
| 2021 | $169,600 | $32,500 | $202,100 | $1,194 |
| 2020 | $156,330 | $32,500 | $188,830 | $1,116 |
| 2019 | $156,330 | $32,500 | $188,830 | $1,133 |
| 2018 | $156,330 | $32,500 | $188,830 | $1,095 |
| 2017 | $148,080 | $32,500 | $180,580 | $1,047 |
| 2016 | $148,080 | $32,500 | $180,580 | $1,047 |
| 2015 | $148,080 | $32,500 | $180,580 | $1,047 |
| 2014 | $143,600 | $52,500 | $196,100 | $1,137 |
| 2013 | $142,620 | $52,500 | $195,120 | $1,132 |
| 2012 | $142,620 | $52,500 | $195,120 | $1,132 |
| 2011 | $142,620 | $52,500 | $195,120 | $1,132 |
| 2010 | $142,620 | $52,500 | $195,120 | $1,132 |
| 2009 | $142,620 | $52,500 | $195,120 | $1,132 |
| 2008 | $142,620 | $52,500 | $195,120 | $1,132 |
| 2007 | $142,620 | $52,500 | $195,120 | $1,131 |
Property facts
Year built
1996
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,818 sqft
Lot size
98,446 sqft
ZIP code
27295
City
Lexington
Street
Lanier Rd
Coordinates
35.84663, -80.36521
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,454
Gross rental yield
8.30%
Implied cap rate
5.39%
Trend-extrapolated value
—
Frequently asked questions
When did 587 Lanier Rd last sell?
587 Lanier Rd most recently sold on Aug 5, 2022 for $355,000.
What is the current tax assessment for 587 Lanier Rd?
The most recent total assessment for 587 Lanier Rd (year 2025) is $203,610 with $1,243 in property tax.
How does 587 Lanier Rd's assessment compare to its last sale price?
The current assessment is 42.6% below the last sale price of $355,000.
When was 587 Lanier Rd built?
587 Lanier Rd was built in 1996.
How does 587 Lanier Rd compare to others on Lanier Rd?
We track 5 other properties on Lanier Rd. Browse the list under "Other properties on Lanier Rd" to compare beds, baths, and sale history.
What are the property facts for 587 Lanier Rd?
587 Lanier Rd is a 3 bed, 3 bath, 1,818 sqft, 98,446 sqft lot single_family.
Is 587 Lanier Rd a flip candidate?
No — 587 Lanier Rd does not appear in our flips dataset.
Is 587 Lanier Rd a tax-appeal candidate?
No — 587 Lanier 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 Lanier Rd