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114 Rachael Ln

Lexington, NC 27292

3 bd 2 ba 1,792 sqft Built 2000 Lot 33,977 sqft mobile
Most recent sale
$1,145,000
Jun 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 16, 2023 Sold $167,375 TriadMLS
Jan 3, 2023 Listed $162,500 TriadMLS
Nov 21, 2022 Price changed $168,000 TriadMLS
Jul 11, 2022 Price changed $169,900 MLS #1073905
Jun 17, 2022 Listed $175,500 MLS #1073905
Jun 2, 2021 Sold $1,145,000 Public Record
Nov 1, 1999 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $85,030 $25,000 $110,030 $726
2023 $80,000 $25,000 $105,000 $692
2022 $80,000 $25,000 $105,000 $692
2021 $80,000 $25,000 $105,000 $662
2020 $56,040 $25,000 $81,040 $511
2019 $56,040 $25,000 $81,040 $519
2018 $56,040 $25,000 $81,040 $507
2017 $56,040 $25,000 $81,040 $507
2016 $56,040 $25,000 $81,040 $507
2015 $56,040 $25,000 $81,040 $507
2014 $64,710 $27,000 $91,710 $573
2013 $64,710 $27,000 $91,710 $573
2012 $64,710 $27,000 $91,710 $573
2011 $64,710 $27,000 $91,710 $573
2010 $64,710 $27,000 $91,710 $573
2009 $64,710 $27,000 $91,710 $573
2008 $64,710 $27,000 $91,710 $573
2007 $64,710 $27,000 $91,710 $573

Property facts

Year built
2000
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,792 sqft
Lot size
33,977 sqft
ZIP code
27292
City
Lexington
Street
Rachael Ln
Coordinates
35.68268, -80.26214

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 114 Rachael Ln last sell?
114 Rachael Ln most recently sold on Jun 2, 2021 for $1,145,000.
What is the current tax assessment for 114 Rachael Ln?
The most recent total assessment for 114 Rachael Ln (year 2025) is $110,030 with $726 in property tax.
How does 114 Rachael Ln's assessment compare to its last sale price?
The current assessment is 90.4% below the last sale price of $1,145,000.
When was 114 Rachael Ln built?
114 Rachael Ln was built in 2000.
How does 114 Rachael Ln compare to others on Rachael Ln?
We track 4 other properties on Rachael Ln. Browse the list under "Other properties on Rachael Ln" to compare beds, baths, and sale history.
What are the property facts for 114 Rachael Ln?
114 Rachael Ln is a 3 bed, 2 bath, 1,792 sqft, 33,977 sqft lot mobile.
Is 114 Rachael Ln a flip candidate?
No — 114 Rachael Ln does not appear in our flips dataset.
Is 114 Rachael Ln a tax-appeal candidate?
No — 114 Rachael Ln 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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