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7 Martin Luther King Jr Blvd

Lexington, NC 27292

3 bd 3 ba 1,132 sqft Built 1947 Lot 16,988 sqft single_family
Most recent sale
$82,000
Jan 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2025 Sold $230,000 TriadMLS
Feb 28, 2025 Price changed $238,000 TriadMLS
Feb 2, 2025 Price changed $248,000 TriadMLS
Jan 16, 2025 Price changed $255,000 TriadMLS
Oct 28, 2024 Listed $280,000 TriadMLS
May 25, 2023 Price changed $240,000 TriadMLS
Apr 12, 2023 Price changed $245,000 TriadMLS
Feb 3, 2023 Price changed $255,000 TriadMLS
Jan 18, 2023 Price changed $265,000 TriadMLS
Jan 5, 2023 Relisted $268,000 TriadMLS
Oct 19, 2022 Price changed $278,000 MLS #1083776
Sep 26, 2022 Price changed $285,000 MLS #1083776
Sep 10, 2022 Listed $290,000 MLS #1083776
Aug 25, 2022 Listed $290,000 MLS #1081887
Jan 6, 2022 Sold $82,000 MLS #1051105
Dec 30, 2021 Listed $72,000 MLS #1051105
Sep 10, 2021 Listed $72,000 MLS #1041835
Jun 3, 2021 Sold $98,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $175,690 $14,000 $189,690 $2,466
2023 $175,690 $14,000 $189,690 $2,466
2022 $56,490 $14,000 $70,490 $916
2021 $56,490 $14,000 $70,490 $916
2020 $25,790 $14,000 $39,790 $513
2019 $25,790 $14,000 $39,790 $521
2018 $25,790 $14,000 $39,790 $521
2017 $25,790 $14,000 $39,790 $521
2016 $58,360 $14,000 $72,360 $948
2015 $58,360 $14,000 $72,360 $912
2014 $64,630 $22,000 $86,630 $1,092
2013 $64,630 $22,000 $86,630 $1,092
2012 $64,630 $22,000 $86,630 $1,092
2011 $64,630 $22,000 $86,630 $1,057
2010 $64,630 $22,000 $86,630 $1,057
2009 $64,630 $22,000 $86,630 $1,057
2008 $64,630 $22,000 $86,630 $1,057
2007 $64,630 $22,000 $86,630 $1,035

Property facts

Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,132 sqft
Lot size
16,988 sqft
ZIP code
27292
City
Lexington
Street
Martin Luther King Jr Blvd
Coordinates
35.83280, -80.25245

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$492
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7 Martin Luther King Jr Blvd last sell?
7 Martin Luther King Jr Blvd most recently sold on Jan 6, 2022 for $82,000.
What is the current tax assessment for 7 Martin Luther King Jr Blvd?
The most recent total assessment for 7 Martin Luther King Jr Blvd (year 2025) is $189,690 with $2,466 in property tax.
How does 7 Martin Luther King Jr Blvd's assessment compare to its last sale price?
The current assessment is 131.3% above the last sale price of $82,000.
When was 7 Martin Luther King Jr Blvd built?
7 Martin Luther King Jr Blvd was built in 1947.
How does 7 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 7 Martin Luther King Jr Blvd?
7 Martin Luther King Jr Blvd is a 3 bed, 3 bath, 1,132 sqft, 16,988 sqft lot single_family.
Is 7 Martin Luther King Jr Blvd a flip candidate?
No — 7 Martin Luther King Jr Blvd does not appear in our flips dataset.
Is 7 Martin Luther King Jr Blvd a tax-appeal candidate?
No — 7 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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