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1200 Martin Luther King Jr Blvd

Lexington, NC 27292

3 bd 2 ba 1,273 sqft Built 1952 Lot 7,841 sqft single_family
Most recent sale
$168,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $168,000 MLS #3855770
May 2, 2022 Listed $169,900 MLS #3855770
Dec 14, 2004 Sold $46,000 Public Record
Jun 1, 1999 Sold $28,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $81,680 $10,000 $91,680 $1,191
2023 $81,680 $10,000 $91,680 $1,191
2022 $47,620 $10,000 $57,620 $749
2021 $47,620 $10,000 $57,620 $749
2020 $36,810 $10,000 $46,810 $604
2019 $36,810 $10,000 $46,810 $613
2018 $36,810 $10,000 $46,810 $613
2017 $36,810 $10,000 $46,810 $613
2016 $36,810 $10,000 $46,810 $613
2015 $36,810 $10,000 $46,810 $590
2014 $47,940 $10,000 $57,940 $730
2013 $47,940 $10,000 $57,940 $730
2012 $57,020 $10,000 $67,020 $844
2011 $57,020 $10,000 $67,020 $818
2010 $57,020 $10,000 $67,020 $818
2009 $57,020 $10,000 $67,020 $818
2008 $57,020 $10,000 $67,020 $818
2007 $57,020 $10,000 $67,020 $800

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,273 sqft
Lot size
7,841 sqft
ZIP code
27292
City
Lexington
Street
Martin Luther King Jr Blvd
Coordinates
35.81828, -80.23565

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,719
Gross rental yield
12.28%
Implied cap rate
7.98%
Trend-extrapolated value

Frequently asked questions

When did 1200 Martin Luther King Jr Blvd last sell?
1200 Martin Luther King Jr Blvd most recently sold on Jul 7, 2022 for $168,000.
What is the current tax assessment for 1200 Martin Luther King Jr Blvd?
The most recent total assessment for 1200 Martin Luther King Jr Blvd (year 2025) is $91,680 with $1,191 in property tax.
How does 1200 Martin Luther King Jr Blvd's assessment compare to its last sale price?
The current assessment is 45.4% below the last sale price of $168,000.
When was 1200 Martin Luther King Jr Blvd built?
1200 Martin Luther King Jr Blvd was built in 1952.
How does 1200 Martin Luther King Jr Blvd compare to others on Martin Luther King Jr Blvd?
We track 8 other properties on Martin Luther King Jr Blvd. Browse the list under "Other properties on Martin Luther King Jr Blvd" to compare beds, baths, and sale history.
What are the property facts for 1200 Martin Luther King Jr Blvd?
1200 Martin Luther King Jr Blvd is a 3 bed, 2 bath, 1,273 sqft, 7,841 sqft lot single_family.
Is 1200 Martin Luther King Jr Blvd a flip candidate?
No — 1200 Martin Luther King Jr Blvd does not appear in our flips dataset.
Is 1200 Martin Luther King Jr Blvd a tax-appeal candidate?
No — 1200 Martin Luther King Jr Blvd 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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