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245 Old Highway 29

Lexington, NC 27292

3 bd 2 ba 2,176 sqft Built 1950 Lot 126,324 sqft single_family
Most recent sale
$230,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $230,000 MLS #1060199
Feb 26, 2022 Listed $230,000 MLS #1060199
Jan 12, 2021 Sold $215,000 Public Record
May 22, 2020 Listed $299,000 MLS #977684

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $196,260 $35,250 $231,510 $1,527
2023 $196,260 $35,250 $231,510 $1,527
2022 $136,380 $192,790 $329,170 $2,172
2021 $135,120 $361,790 $496,910 $3,279
2020 $127,580 $361,790 $489,370 $3,230
2019 $127,580 $361,790 $489,370 $3,279
2018 $127,580 $361,790 $489,370 $3,181
2017 $127,580 $361,790 $489,370 $3,181
2016 $127,580 $361,790 $489,370 $3,181
2015 $127,580 $361,790 $489,370 $3,181
2014 $109,550 $80,400 $189,950 $1,235
2013 $109,550 $80,400 $189,950 $1,235
2012 $109,550 $80,660 $190,210 $1,236
2011 $109,550 $80,660 $190,210 $1,236
2010 $109,550 $80,660 $190,210 $1,236
2009 $109,550 $80,660 $190,210 $1,236
2008 $105,810 $13,500 $119,310 $776
2007 $105,810 $13,500 $119,310 $775

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,176 sqft
Lot size
126,324 sqft
ZIP code
27292
City
Lexington
Street
Old Highway 29
Coordinates
35.85555, -80.19305

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 245 Old Highway 29 last sell?
245 Old Highway 29 most recently sold on May 12, 2022 for $230,000.
What is the current tax assessment for 245 Old Highway 29?
The most recent total assessment for 245 Old Highway 29 (year 2025) is $231,510 with $1,527 in property tax.
How does 245 Old Highway 29's assessment compare to its last sale price?
The current assessment is 0.7% above the last sale price of $230,000.
When was 245 Old Highway 29 built?
245 Old Highway 29 was built in 1950.
How does 245 Old Highway 29 compare to others on Old Highway 29?
We track 2 other properties on Old Highway 29. Browse the list under "Other properties on Old Highway 29" to compare beds, baths, and sale history.
What are the property facts for 245 Old Highway 29?
245 Old Highway 29 is a 3 bed, 2 bath, 2,176 sqft, 126,324 sqft lot single_family.
Is 245 Old Highway 29 a flip candidate?
No — 245 Old Highway 29 does not appear in our flips dataset.
Is 245 Old Highway 29 a tax-appeal candidate?
No — 245 Old Highway 29 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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