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1288 New Bowers Rd

Lexington, NC 27292

2 bd 2 ba 1,500 sqft Built 1951 Lot 47,480 sqft single_family
Most recent sale
$250,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $250,000 MLS #1080250
Aug 10, 2022 Listed $249,900 MLS #1080250
Mar 31, 2021 Sold $135,000 MLS #001627
Nov 18, 2020 Price changed $140,000 MLS #001627
Nov 7, 2020 Price changed $149,900 MLS #001627
Nov 3, 2020 Listed $165,000 MLS #001627

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $167,650 $25,940 $193,590 $1,220
2023 $167,650 $25,940 $193,590 $1,220
2022 $86,410 $48,220 $134,630 $848
2021 $86,410 $48,220 $134,630 $822
2020 $78,820 $48,220 $127,040 $503
2019 $78,820 $48,220 $127,040 $511
2018 $78,820 $48,220 $127,040 $511
2016 $78,820 $48,220 $127,040 $511
2015 $78,820 $48,220 $127,040 $511
2014 $76,110 $48,220 $124,330 $771
2013 $76,110 $48,220 $124,330 $771
2012 $76,110 $48,220 $124,330 $771
2011 $76,110 $48,220 $124,330 $771
2010 $76,110 $48,220 $124,330 $771
2009 $76,110 $48,220 $124,330 $771
2008 $76,110 $48,220 $124,330 $771
2007 $76,110 $48,220 $124,330 $770

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,500 sqft
Lot size
47,480 sqft
ZIP code
27292
City
Lexington
Street
New Bowers Rd
Coordinates
35.79598, -80.19118

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,025
Gross rental yield
9.72%
Implied cap rate
6.32%
Trend-extrapolated value

Frequently asked questions

When did 1288 New Bowers Rd last sell?
1288 New Bowers Rd most recently sold on Sep 19, 2022 for $250,000.
What is the current tax assessment for 1288 New Bowers Rd?
The most recent total assessment for 1288 New Bowers Rd (year 2025) is $193,590 with $1,220 in property tax.
How does 1288 New Bowers Rd's assessment compare to its last sale price?
The current assessment is 22.6% below the last sale price of $250,000.
When was 1288 New Bowers Rd built?
1288 New Bowers Rd was built in 1951.
How does 1288 New Bowers Rd compare to others on New Bowers Rd?
We track 8 other properties on New Bowers Rd. Browse the list under "Other properties on New Bowers Rd" to compare beds, baths, and sale history.
What are the property facts for 1288 New Bowers Rd?
1288 New Bowers Rd is a 2 bed, 2 bath, 1,500 sqft, 47,480 sqft lot single_family.
Is 1288 New Bowers Rd a flip candidate?
Yes — 1288 New Bowers Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1288 New Bowers Rd a tax-appeal candidate?
No — 1288 New Bowers Rd 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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