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199 Smith Ave

Lexington, NC 27292

4 bd 2 ba 2,688 sqft Built 1980 Lot 37,462 sqft single_family
Most recent sale
$120,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $120,000 MLS #1072749
Jun 8, 2022 Listed $100,000 MLS #1072749
May 7, 2002 Sold $108,500 Public Record
Aug 1, 1991 Sold $60,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $214,980 $17,600 $232,580 $3,023
2023 $138,180 $17,600 $155,780 $2,025
2022 $138,180 $17,600 $155,780 $2,025
2021 $138,180 $17,600 $155,780 $2,025
2020 $92,230 $10,000 $102,230 $1,319
2019 $92,230 $10,000 $102,230 $1,339
2018 $92,210 $10,000 $102,210 $1,339
2017 $92,210 $10,000 $102,210 $1,339
2016 $92,210 $10,000 $102,210 $1,339
2015 $92,210 $10,000 $102,210 $1,288
2014 $93,520 $18,000 $111,520 $1,405
2013 $93,520 $18,000 $111,520 $1,405
2012 $93,520 $18,000 $111,520 $1,405
2011 $93,520 $18,000 $111,520 $1,361
2010 $93,520 $18,000 $111,520 $1,361
2009 $93,520 $18,000 $111,520 $1,361
2008 $93,520 $18,000 $111,520 $1,361
2007 $93,520 $18,000 $111,520 $1,332

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,688 sqft
Lot size
37,462 sqft
ZIP code
27292
City
Lexington
Street
Smith Ave
Coordinates
35.80326, -80.25685

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
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 199 Smith Ave last sell?
199 Smith Ave most recently sold on Aug 8, 2022 for $120,000.
What is the current tax assessment for 199 Smith Ave?
The most recent total assessment for 199 Smith Ave (year 2025) is $232,580 with $3,023 in property tax.
How does 199 Smith Ave's assessment compare to its last sale price?
The current assessment is 93.8% above the last sale price of $120,000.
When was 199 Smith Ave built?
199 Smith Ave was built in 1980.
How does 199 Smith Ave compare to others on Smith Ave?
We track 8 other properties on Smith Ave. Browse the list under "Other properties on Smith Ave" to compare beds, baths, and sale history.
What are the property facts for 199 Smith Ave?
199 Smith Ave is a 4 bed, 2 bath, 2,688 sqft, 37,462 sqft lot single_family.
Is 199 Smith Ave a flip candidate?
No — 199 Smith Ave does not appear in our flips dataset.
Is 199 Smith Ave a tax-appeal candidate?
Yes — 199 Smith Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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