112 Melrose Dr
Lexington, NC 27292
2 bd 1 ba 825 sqft Built 2001 single_family
Most recent sale
$87,000
Sep 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 27, 2022 | Sold | $87,000 | MLS #1081448 |
| Aug 19, 2022 | Listed | $89,900 | MLS #1081448 |
| Apr 11, 2018 | Sold | $50,000 | Public Record |
| Oct 2, 2014 | Sold | $50,000 | Public Record |
| Jun 7, 2012 | Listing removed | $42,500 | TriadMLS |
| Dec 7, 2011 | Listed | $42,500 | MLS #629155 |
| Jun 7, 2010 | Listing removed | $37,500 | TriadMLS |
| Jan 5, 2010 | Relisted | $37,500 | MLS #513747 |
| Dec 30, 2009 | Listing removed | $42,000 | TriadMLS |
| Sep 23, 2009 | Price changed | $42,000 | MLS #513747 |
| Jul 28, 2009 | Relisted | $45,000 | MLS #513747 |
| Feb 21, 2009 | Listing removed | $45,000 | TriadMLS |
| Dec 27, 2008 | Listed | $45,000 | MLS #513747 |
| Sep 4, 2003 | Sold | $47,600 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $59,310 | $16,000 | $75,310 | $979 |
| 2023 | $59,310 | $16,000 | $75,310 | $979 |
| 2022 | $59,310 | $16,000 | $75,310 | $979 |
| 2021 | $59,310 | $16,000 | $75,310 | $979 |
| 2020 | $53,560 | $10,000 | $63,560 | $820 |
| 2019 | $53,560 | $10,000 | $63,560 | $833 |
| 2018 | $53,560 | $10,000 | $63,560 | $833 |
| 2017 | $53,560 | $10,000 | $63,560 | $833 |
| 2016 | $53,560 | $10,000 | $63,560 | $833 |
| 2015 | $53,560 | $10,000 | $63,560 | $801 |
| 2014 | $47,620 | $15,000 | $62,620 | $789 |
| 2013 | $47,620 | $15,000 | $62,620 | $789 |
| 2012 | $47,620 | $15,000 | $62,620 | $789 |
| 2011 | $47,620 | $15,000 | $62,620 | $764 |
| 2010 | $47,620 | $15,000 | $62,620 | $764 |
| 2009 | $47,620 | $15,000 | $62,620 | $764 |
| 2008 | $47,620 | $15,000 | $62,620 | $764 |
| 2007 | $47,620 | $15,000 | $62,620 | $748 |
Property facts
Year built
2001
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
825 sqft
Lot size
—
ZIP code
27292
City
Lexington
Street
Melrose Dr
Coordinates
35.80230, -80.25461
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
$522
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 112 Melrose Dr last sell?
112 Melrose Dr most recently sold on Sep 27, 2022 for $87,000.
What is the current tax assessment for 112 Melrose Dr?
The most recent total assessment for 112 Melrose Dr (year 2025) is $75,310 with $979 in property tax.
How does 112 Melrose Dr's assessment compare to its last sale price?
The current assessment is 13.4% below the last sale price of $87,000.
When was 112 Melrose Dr built?
112 Melrose Dr was built in 2001.
How does 112 Melrose Dr compare to others on Melrose Dr?
We track 3 other properties on Melrose Dr. Browse the list under "Other properties on Melrose Dr" to compare beds, baths, and sale history.
What are the property facts for 112 Melrose Dr?
112 Melrose Dr is a 2 bed, 1 bath, 825 sqft single_family.
Is 112 Melrose Dr a flip candidate?
No — 112 Melrose Dr does not appear in our flips dataset.
Is 112 Melrose Dr a tax-appeal candidate?
No — 112 Melrose Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.8%
Implied 1-yr
-19.0%
2026 Q3
$252.1K
2026 Q4
$234.8K
ZIP 27292 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Dr