248 Sparrow Ln
Lexington, NC 27295
3 bd 3 ba 2,271 sqft Built 2021 Lot 9,148 sqft single_family
Most recent sale
$298,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $298,000 | MLS #1070202 |
| May 19, 2022 | Price changed | $289,500 | MLS #1070202 |
| May 18, 2022 | Listed | $282,000 | MLS #1070202 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $222,140 | $48,000 | $270,140 | $1,593 |
| 2023 | $197,140 | $48,000 | $245,140 | $1,593 |
| 2022 | $199,000 | $48,000 | $247,000 | $1,605 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,271 sqft
Lot size
9,148 sqft
ZIP code
27295
City
Lexington
Street
Sparrow Ln
Coordinates
35.86663, -80.26233
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
$3,066
Gross rental yield
12.35%
Implied cap rate
8.03%
Trend-extrapolated value
—
Frequently asked questions
When did 248 Sparrow Ln last sell?
248 Sparrow Ln most recently sold on Jun 10, 2022 for $298,000.
What is the current tax assessment for 248 Sparrow Ln?
The most recent total assessment for 248 Sparrow Ln (year 2025) is $270,140 with $1,593 in property tax.
How does 248 Sparrow Ln's assessment compare to its last sale price?
The current assessment is 9.3% below the last sale price of $298,000.
When was 248 Sparrow Ln built?
248 Sparrow Ln was built in 2021.
How does 248 Sparrow Ln compare to others on Sparrow Ln?
We track 8 other properties on Sparrow Ln. Browse the list under "Other properties on Sparrow Ln" to compare beds, baths, and sale history.
What are the property facts for 248 Sparrow Ln?
248 Sparrow Ln is a 3 bed, 3 bath, 2,271 sqft, 9,148 sqft lot single_family.
Is 248 Sparrow Ln a flip candidate?
No — 248 Sparrow Ln does not appear in our flips dataset.
Is 248 Sparrow Ln a tax-appeal candidate?
No — 248 Sparrow Ln 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
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