314 Magnolia Way
Lexington, NC 27295
3 bd 4 ba 2,682 sqft Built 2023 Lot 65,340 sqft single_family
Most recent sale
$62,000
Feb 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2023 | Sold | $567,500 | TriadMLS |
| Nov 8, 2022 | Price changed | $559,900 | TriadMLS |
| Oct 6, 2022 | Listed | $549,900 | MLS #1086205 |
| Feb 17, 2022 | Sold | $62,000 | MLS #1050696 |
| Nov 29, 2021 | Listed | $65,000 | MLS #1050696 |
| Oct 11, 2021 | Sold | $60,000 | MLS #1039731 |
| Aug 25, 2021 | Listed | $62,000 | MLS #1039731 |
| Dec 31, 2020 | Sold | $55,000 | MLS #994904 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $31,800 | $31,800 | $200 |
| 2023 | — | $31,800 | $31,800 | $200 |
| 2022 | — | $31,800 | $31,800 | $200 |
| 2021 | — | $31,800 | $31,800 | $200 |
| 2020 | — | $31,800 | $31,800 | $200 |
Property facts
Year built
2023
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,682 sqft
Lot size
65,340 sqft
ZIP code
27295
City
Lexington
Street
Magnolia Way
Coordinates
35.92153, -80.30752
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
$372
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 314 Magnolia Way last sell?
314 Magnolia Way most recently sold on Feb 17, 2022 for $62,000.
What is the current tax assessment for 314 Magnolia Way?
The most recent total assessment for 314 Magnolia Way (year 2025) is $31,800 with $200 in property tax.
How does 314 Magnolia Way's assessment compare to its last sale price?
The current assessment is 48.7% below the last sale price of $62,000.
When was 314 Magnolia Way built?
314 Magnolia Way was built in 2023.
How does 314 Magnolia Way compare to others on Magnolia Way?
We track 8 other properties on Magnolia Way. Browse the list under "Other properties on Magnolia Way" to compare beds, baths, and sale history.
What are the property facts for 314 Magnolia Way?
314 Magnolia Way is a 3 bed, 4 bath, 2,682 sqft, 65,340 sqft lot single_family.
Is 314 Magnolia Way a flip candidate?
Yes — 314 Magnolia Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 314 Magnolia Way a tax-appeal candidate?
No — 314 Magnolia Way 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 Magnolia Way