244 Reich Farm Ct
Lexington, NC 27295
3 bd 3 ba 2,761 sqft Built 2001 Lot 40,946 sqft single_family
Most recent sale
$420,000
Aug 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 24, 2022 | Sold | $420,000 | MLS #1075970 |
| Jul 21, 2022 | Listed | $400,000 | MLS #1075970 |
| Jun 14, 2016 | Sold | $239,900 | MLS #776830 |
| Mar 21, 2016 | Price changed | $239,900 | MLS #776830 |
| Jan 26, 2016 | Price changed | $244,900 | MLS #776830 |
| Nov 6, 2015 | Listed | $250,000 | MLS #776830 |
| Oct 28, 2015 | Listing removed | $250,000 | TriadMLS |
| Aug 2, 2015 | Price changed | $250,000 | MLS #751753 |
| Jun 2, 2015 | Price changed | $255,000 | MLS #751753 |
| Apr 6, 2015 | Listed | $260,000 | MLS #751753 |
| Sep 1, 2001 | Sold | $172,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $223,450 | $38,000 | $261,450 | $1,648 |
| 2023 | $223,450 | $38,000 | $261,450 | $1,648 |
| 2022 | $201,410 | $38,000 | $239,410 | $1,509 |
| 2021 | $201,410 | $38,000 | $239,410 | $1,509 |
| 2020 | $175,060 | $31,000 | $206,060 | $1,299 |
| 2019 | $175,060 | $31,000 | $206,060 | $1,278 |
| 2018 | $175,060 | $31,000 | $206,060 | $1,278 |
| 2017 | $175,060 | $31,000 | $206,060 | $1,278 |
| 2016 | $168,240 | $31,000 | $199,240 | $1,235 |
| 2015 | $168,240 | $31,000 | $199,240 | $1,235 |
| 2014 | $174,550 | $31,000 | $205,550 | $1,274 |
| 2013 | $174,550 | $31,000 | $205,550 | $1,274 |
| 2012 | $174,550 | $31,000 | $205,550 | $1,274 |
| 2011 | $174,550 | $31,000 | $205,550 | $1,274 |
| 2010 | $174,550 | $31,000 | $205,550 | $1,274 |
| 2009 | $174,550 | $31,000 | $205,550 | $1,274 |
| 2008 | $174,550 | $31,000 | $205,550 | $1,274 |
| 2007 | $174,550 | $31,000 | $205,550 | $1,274 |
Property facts
Year built
2001
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,761 sqft
Lot size
40,946 sqft
ZIP code
27295
City
Lexington
Street
Reich Farm Ct
Coordinates
35.97776, -80.27570
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,727
Gross rental yield
10.65%
Implied cap rate
6.92%
Trend-extrapolated value
—
Frequently asked questions
When did 244 Reich Farm Ct last sell?
244 Reich Farm Ct most recently sold on Aug 24, 2022 for $420,000.
What is the current tax assessment for 244 Reich Farm Ct?
The most recent total assessment for 244 Reich Farm Ct (year 2025) is $261,450 with $1,648 in property tax.
How does 244 Reich Farm Ct's assessment compare to its last sale price?
The current assessment is 37.8% below the last sale price of $420,000.
When was 244 Reich Farm Ct built?
244 Reich Farm Ct was built in 2001.
How does 244 Reich Farm Ct compare to others on Reich Farm Ct?
We track 4 other properties on Reich Farm Ct. Browse the list under "Other properties on Reich Farm Ct" to compare beds, baths, and sale history.
What are the property facts for 244 Reich Farm Ct?
244 Reich Farm Ct is a 3 bed, 3 bath, 2,761 sqft, 40,946 sqft lot single_family.
Is 244 Reich Farm Ct a flip candidate?
No — 244 Reich Farm Ct does not appear in our flips dataset.
Is 244 Reich Farm Ct a tax-appeal candidate?
No — 244 Reich Farm Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$227.1K
2026 Q4
$227.1K
ZIP 27295 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Reich Farm Ct