507 Raeford Ave
Lexington, NC 27292
2 bd 1 ba 750 sqft Built 1946 Lot 11,238 sqft single_family
Most recent sale
$105,000
Apr 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 26, 2022 | Sold | $105,000 | MLS #1059081 |
| Feb 17, 2022 | Listed | $109,940 | MLS #1059081 |
| Dec 1, 2000 | Sold | $26,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $34,890 | $11,500 | $46,390 | $603 |
| 2023 | $34,890 | $11,500 | $46,390 | $603 |
| 2022 | $37,170 | $11,500 | $48,670 | $632 |
| 2021 | $37,170 | $11,500 | $48,670 | $633 |
| 2020 | $28,730 | $11,500 | $40,230 | $519 |
| 2019 | $28,730 | $11,500 | $40,230 | $527 |
| 2018 | $28,460 | $11,500 | $39,960 | $523 |
| 2017 | $28,460 | $11,500 | $39,960 | $523 |
| 2016 | $28,460 | $11,500 | $39,960 | $523 |
| 2015 | $28,460 | $11,500 | $39,960 | $503 |
| 2014 | $25,160 | $10,000 | $35,160 | $443 |
| 2013 | $25,160 | $10,000 | $35,160 | $443 |
| 2012 | $25,160 | $10,000 | $35,160 | $443 |
| 2011 | $23,510 | $11,500 | $35,010 | $427 |
| 2010 | $23,510 | $11,500 | $35,010 | $427 |
| 2009 | $23,510 | $11,500 | $35,010 | $427 |
| 2008 | $23,510 | $11,500 | $35,010 | $427 |
| 2007 | $23,510 | $11,500 | $35,010 | $418 |
Property facts
Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
750 sqft
Lot size
11,238 sqft
ZIP code
27292
City
Lexington
Street
Raeford Ave
Coordinates
35.81045, -80.25665
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,013
Gross rental yield
11.58%
Implied cap rate
7.53%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Raeford Ave last sell?
507 Raeford Ave most recently sold on Apr 26, 2022 for $105,000.
What is the current tax assessment for 507 Raeford Ave?
The most recent total assessment for 507 Raeford Ave (year 2025) is $46,390 with $603 in property tax.
How does 507 Raeford Ave's assessment compare to its last sale price?
The current assessment is 55.8% below the last sale price of $105,000.
When was 507 Raeford Ave built?
507 Raeford Ave was built in 1946.
How does 507 Raeford Ave compare to others on Raeford Ave?
We track 8 other properties on Raeford Ave. Browse the list under "Other properties on Raeford Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Raeford Ave?
507 Raeford Ave is a 2 bed, 1 bath, 750 sqft, 11,238 sqft lot single_family.
Is 507 Raeford Ave a flip candidate?
No — 507 Raeford Ave does not appear in our flips dataset.
Is 507 Raeford Ave a tax-appeal candidate?
No — 507 Raeford Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.8%
Implied 1-yr
-19.0%
2026 Q3
$252.1K
2026 Q4
$234.8K
ZIP 27292 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Raeford Ave