232 Terrace Dr
Lexington, NC 27295
3 bd 2 ba 1,677 sqft Built 1978 Lot 17,860 sqft single_family
Most recent sale
$210,000
Oct 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 4, 2022 | Sold | $210,000 | MLS #1076796 |
| Aug 27, 2022 | Price changed | $215,000 | MLS #1076796 |
| Jul 19, 2022 | Listed | $230,000 | MLS #1076796 |
| Jun 1, 1978 | Sold | $44,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $122,130 | $34,000 | $156,130 | $984 |
| 2023 | $122,130 | $34,000 | $156,130 | $984 |
| 2022 | $122,130 | $34,000 | $156,130 | $984 |
| 2021 | $122,130 | $34,000 | $156,130 | $984 |
| 2020 | $90,940 | $30,000 | $120,940 | $762 |
| 2019 | $90,940 | $30,000 | $120,940 | $750 |
| 2018 | $84,600 | $30,000 | $114,600 | $711 |
| 2017 | $84,600 | $30,000 | $114,600 | $711 |
| 2016 | $84,600 | $30,000 | $114,600 | $711 |
| 2015 | $84,600 | $30,000 | $114,600 | $711 |
| 2014 | $87,650 | $27,000 | $114,650 | $711 |
| 2013 | $87,650 | $27,000 | $114,650 | $711 |
| 2012 | $87,650 | $27,000 | $114,650 | $711 |
| 2011 | $87,650 | $27,000 | $114,650 | $711 |
| 2010 | $87,650 | $27,000 | $114,650 | $711 |
| 2009 | $87,650 | $27,000 | $114,650 | $711 |
| 2008 | $87,650 | $27,000 | $114,650 | $711 |
| 2007 | $87,650 | $27,000 | $114,650 | $710 |
Property facts
Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,677 sqft
Lot size
17,860 sqft
ZIP code
27295
City
Lexington
Street
Terrace Dr
Coordinates
35.96958, -80.28552
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,264
Gross rental yield
12.94%
Implied cap rate
8.41%
Trend-extrapolated value
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Frequently asked questions
When did 232 Terrace Dr last sell?
232 Terrace Dr most recently sold on Oct 4, 2022 for $210,000.
What is the current tax assessment for 232 Terrace Dr?
The most recent total assessment for 232 Terrace Dr (year 2025) is $156,130 with $984 in property tax.
How does 232 Terrace Dr's assessment compare to its last sale price?
The current assessment is 25.7% below the last sale price of $210,000.
When was 232 Terrace Dr built?
232 Terrace Dr was built in 1978.
How does 232 Terrace Dr compare to others on Terrace Dr?
We track 8 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 232 Terrace Dr?
232 Terrace Dr is a 3 bed, 2 bath, 1,677 sqft, 17,860 sqft lot single_family.
Is 232 Terrace Dr a flip candidate?
No — 232 Terrace Dr does not appear in our flips dataset.
Is 232 Terrace Dr a tax-appeal candidate?
No — 232 Terrace Dr 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 Terrace Dr