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205 Pennington Ave

Lexington, NC 27292

3 bd 2 ba 1,050 sqft Built 1965 Lot 16,553 sqft single_family
Most recent sale
$169,100
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $169,100 MLS #3820684
Mar 14, 2022 Price changed $169,100 MLS #3820684
Mar 9, 2022 Price changed $178,200 MLS #3820684
Jan 19, 2022 Listed $179,900 MLS #3820684
Jul 17, 2020 Listed for rent $1,050 AppfolioUnits
Jul 13, 2020 Listed for rent $1,050 AppfolioUnits
Jun 7, 2017 Sold $58,500 Public Record
Oct 22, 2009 Listing removed $29,700 TriadMLS
Sep 1, 2009 Sold $29,500 Public Record
Aug 10, 2009 Listed $29,700 MLS #552716
Jul 23, 2007 Sold $83,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $64,680 $8,000 $72,680 $944
2023 $64,680 $8,000 $72,680 $944
2022 $58,560 $8,000 $66,560 $865
2021 $58,560 $8,000 $66,560 $865
2020 $56,130 $8,000 $64,130 $828
2019 $56,130 $8,000 $64,130 $840
2018 $56,130 $8,000 $64,130 $840
2017 $56,130 $8,000 $64,130 $840
2016 $56,130 $8,000 $64,130 $840
2015 $56,130 $8,000 $64,130 $808
2014 $71,420 $12,000 $83,420 $1,051
2013 $71,420 $12,000 $83,420 $1,051
2012 $71,420 $12,000 $83,420 $1,051
2011 $71,420 $12,000 $83,420 $1,018
2010 $71,420 $12,000 $83,420 $1,018
2009 $71,420 $12,000 $83,420 $1,018
2008 $71,420 $12,000 $83,420 $1,018
2007 $27,230 $12,000 $39,230 $229

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,050 sqft
Lot size
16,553 sqft
ZIP code
27292
City
Lexington
Street
Pennington Ave
Coordinates
35.80586, -80.26979

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
$1,418
Gross rental yield
10.06%
Implied cap rate
6.54%
Trend-extrapolated value

Frequently asked questions

When did 205 Pennington Ave last sell?
205 Pennington Ave most recently sold on May 12, 2022 for $169,100.
What is the current tax assessment for 205 Pennington Ave?
The most recent total assessment for 205 Pennington Ave (year 2025) is $72,680 with $944 in property tax.
How does 205 Pennington Ave's assessment compare to its last sale price?
The current assessment is 57.0% below the last sale price of $169,100.
When was 205 Pennington Ave built?
205 Pennington Ave was built in 1965.
How does 205 Pennington Ave compare to others on Pennington Ave?
We track 8 other properties on Pennington Ave. Browse the list under "Other properties on Pennington Ave" to compare beds, baths, and sale history.
What are the property facts for 205 Pennington Ave?
205 Pennington Ave is a 3 bed, 2 bath, 1,050 sqft, 16,553 sqft lot single_family.
Is 205 Pennington Ave a flip candidate?
No — 205 Pennington Ave does not appear in our flips dataset.
Is 205 Pennington Ave a tax-appeal candidate?
No — 205 Pennington 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
-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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