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120 Tobacco Rd

Lexington, NC 27295

5 bd 3 ba 2,496 sqft Built 2022 single_family
Most recent sale
$358,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $358,000 Public Record
May 28, 2022 Price changed $357,640 MLS #490-49155-491550000-0029
May 19, 2022 Listed $356,915 MLS #490-49155-491550000-0029
Feb 24, 2022 Sold $247,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $237,730 $50,000 $287,730 $1,870
2023 $237,730 $50,000 $287,730 $1,813
2022 $50,000 $50,000 $305

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,496 sqft
Lot size
ZIP code
27295
City
Lexington
Street
Tobacco Rd
Coordinates
35.96613, -80.27373

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,370
Gross rental yield
11.30%
Implied cap rate
7.34%
Trend-extrapolated value

Frequently asked questions

When did 120 Tobacco Rd last sell?
120 Tobacco Rd most recently sold on Oct 12, 2022 for $358,000.
What is the current tax assessment for 120 Tobacco Rd?
The most recent total assessment for 120 Tobacco Rd (year 2025) is $287,730 with $1,870 in property tax.
How does 120 Tobacco Rd's assessment compare to its last sale price?
The current assessment is 19.6% below the last sale price of $358,000.
When was 120 Tobacco Rd built?
120 Tobacco Rd was built in 2022.
How does 120 Tobacco Rd compare to others on Tobacco Rd?
We track 8 other properties on Tobacco Rd. Browse the list under "Other properties on Tobacco Rd" to compare beds, baths, and sale history.
What are the property facts for 120 Tobacco Rd?
120 Tobacco Rd is a 5 bed, 3 bath, 2,496 sqft single_family.
Is 120 Tobacco Rd a flip candidate?
Yes — 120 Tobacco Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 120 Tobacco Rd a tax-appeal candidate?
No — 120 Tobacco Rd 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
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$227.1K
2026 Q4
$227.1K
ZIP 27295 — Median Price History + Forecast

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