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385 Tobacco Rd

Lexington, NC 27295

4 bd 4 ba 3,108 sqft Built 2021 single_family
Most recent sale
$375,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $375,000 MLS #1046794
Feb 13, 2022 Price changed $384,230 MLS #1046794
Jan 15, 2022 Price changed $376,230 MLS #1046794
Oct 28, 2021 Price changed $364,155 MLS #490-49155-491550000-0054
Oct 27, 2021 Listed $364,155 MLS #1046794
Oct 21, 2021 Listed $361,155 MLS #490-49155-491550000-0054
Sep 9, 2021 Sold $619,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $283,850 $50,000 $333,850 $2,104
2023 $283,850 $50,000 $333,850 $2,104
2022 $50,000 $50,000 $315

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,108 sqft
Lot size
ZIP code
27295
City
Lexington
Street
Tobacco Rd
Coordinates
35.96360, -80.27639

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,196
Gross rental yield
13.43%
Implied cap rate
8.73%
Trend-extrapolated value

Frequently asked questions

When did 385 Tobacco Rd last sell?
385 Tobacco Rd most recently sold on Mar 31, 2022 for $375,000.
What is the current tax assessment for 385 Tobacco Rd?
The most recent total assessment for 385 Tobacco Rd (year 2025) is $333,850 with $2,104 in property tax.
How does 385 Tobacco Rd's assessment compare to its last sale price?
The current assessment is 11.0% below the last sale price of $375,000.
When was 385 Tobacco Rd built?
385 Tobacco Rd was built in 2021.
How does 385 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 385 Tobacco Rd?
385 Tobacco Rd is a 4 bed, 4 bath, 3,108 sqft single_family.
Is 385 Tobacco Rd a flip candidate?
No — 385 Tobacco Rd does not appear in our flips dataset.
Is 385 Tobacco Rd a tax-appeal candidate?
No — 385 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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