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196 Ovada Ave

Lexington, NC 27295

4 bd 3 ba 2,196 sqft Built 2022 Lot 9,148 sqft single_family
Most recent sale
$281,790
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $281,790 MLS #1053476
Jan 11, 2022 Price changed $281,890 MLS #1053476
Jan 5, 2022 Price changed $276,890 MLS #490-49178-491780000-0006
Jan 5, 2022 Listed $276,890 MLS #1053476
Dec 22, 2021 Listed $271,890 MLS #490-49178-491780000-0006
Nov 4, 2021 Sold $658,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $187,890 $35,000 $222,890 $1,712
2023 $187,890 $35,000 $222,890 $1,712
2022 $35,000 $35,000 $268

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,196 sqft
Lot size
9,148 sqft
ZIP code
27295
City
Lexington
Street
Ovada Ave
Coordinates
35.84648, -80.27466

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,965
Gross rental yield
12.63%
Implied cap rate
8.21%
Trend-extrapolated value

Frequently asked questions

When did 196 Ovada Ave last sell?
196 Ovada Ave most recently sold on May 31, 2022 for $281,790.
What is the current tax assessment for 196 Ovada Ave?
The most recent total assessment for 196 Ovada Ave (year 2025) is $222,890 with $1,712 in property tax.
How does 196 Ovada Ave's assessment compare to its last sale price?
The current assessment is 20.9% below the last sale price of $281,790.
When was 196 Ovada Ave built?
196 Ovada Ave was built in 2022.
How does 196 Ovada Ave compare to others on Ovada Ave?
We track 8 other properties on Ovada Ave. Browse the list under "Other properties on Ovada Ave" to compare beds, baths, and sale history.
What are the property facts for 196 Ovada Ave?
196 Ovada Ave is a 4 bed, 3 bath, 2,196 sqft, 9,148 sqft lot single_family.
Is 196 Ovada Ave a flip candidate?
No — 196 Ovada Ave does not appear in our flips dataset.
Is 196 Ovada Ave a tax-appeal candidate?
No — 196 Ovada Ave 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
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$227.1K
2026 Q4
$227.1K
ZIP 27295 — Median Price History + Forecast

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