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322 Spruce St

Lexington, NC 27292

2 bd 1 ba 1,035 sqft Built 1957 Lot 13,504 sqft single_family
Most recent sale
$165,500
Apr 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2022 Sold $165,500 MLS #1061164
Mar 6, 2022 Listed $150,000 MLS #1061164
Jul 3, 2019 Sold $107,000 MLS #911071
Mar 8, 2019 Price changed $115,000 MLS #911071
Nov 20, 2018 Listed $120,000 MLS #911071
Jul 30, 2004 Sold $68,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $97,440 $10,000 $107,440 $1,396
2023 $97,440 $10,000 $107,440 $1,396
2022 $97,440 $10,000 $107,440 $1,396
2021 $97,440 $10,000 $107,440 $1,397
2020 $80,000 $10,000 $90,000 $1,161
2019 $80,000 $10,000 $90,000 $1,179
2018 $51,360 $10,000 $61,360 $804
2017 $51,360 $10,000 $61,360 $804
2016 $51,360 $10,000 $61,360 $804
2015 $51,360 $10,000 $61,360 $773
2014 $56,190 $14,000 $70,190 $884
2013 $56,190 $14,000 $70,190 $884
2012 $56,190 $14,000 $70,190 $884
2011 $55,990 $14,000 $69,990 $854
2010 $55,990 $14,000 $69,990 $854
2009 $55,990 $14,000 $69,990 $854
2008 $55,990 $14,000 $69,990 $854
2007 $55,990 $14,000 $69,990 $836

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,035 sqft
Lot size
13,504 sqft
ZIP code
27292
City
Lexington
Street
Spruce St
Coordinates
35.82765, -80.26959

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
$1,397
Gross rental yield
10.13%
Implied cap rate
6.58%
Trend-extrapolated value

Frequently asked questions

When did 322 Spruce St last sell?
322 Spruce St most recently sold on Apr 12, 2022 for $165,500.
What is the current tax assessment for 322 Spruce St?
The most recent total assessment for 322 Spruce St (year 2025) is $107,440 with $1,396 in property tax.
How does 322 Spruce St's assessment compare to its last sale price?
The current assessment is 35.1% below the last sale price of $165,500.
When was 322 Spruce St built?
322 Spruce St was built in 1957.
How does 322 Spruce St compare to others on Spruce St?
We track 8 other properties on Spruce St. Browse the list under "Other properties on Spruce St" to compare beds, baths, and sale history.
What are the property facts for 322 Spruce St?
322 Spruce St is a 2 bed, 1 bath, 1,035 sqft, 13,504 sqft lot single_family.
Is 322 Spruce St a flip candidate?
No — 322 Spruce St does not appear in our flips dataset.
Is 322 Spruce St a tax-appeal candidate?
No — 322 Spruce St 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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