397 Tobacco Rd
Lexington, NC 27295
4 bd 3 ba 2,820 sqft Built 2021 single_family
Most recent sale
$337,915
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $337,915 | MLS #1046833 |
| Oct 24, 2021 | Listed | $337,940 | MLS #490-49155-491550000-0055 |
| Oct 21, 2021 | Listed | $337,940 | MLS #1046833 |
| Sep 9, 2021 | Sold | $619,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $249,010 | $50,000 | $299,010 | $1,884 |
| 2023 | $249,010 | $50,000 | $299,010 | $1,884 |
| 2022 | — | $50,000 | $50,000 | $315 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,820 sqft
Lot size
—
ZIP code
27295
City
Lexington
Street
Tobacco Rd
Coordinates
35.96363, -80.27659
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
$3,807
Gross rental yield
13.52%
Implied cap rate
8.79%
Trend-extrapolated value
—
Frequently asked questions
When did 397 Tobacco Rd last sell?
397 Tobacco Rd most recently sold on Apr 29, 2022 for $337,915.
What is the current tax assessment for 397 Tobacco Rd?
The most recent total assessment for 397 Tobacco Rd (year 2025) is $299,010 with $1,884 in property tax.
How does 397 Tobacco Rd's assessment compare to its last sale price?
The current assessment is 11.5% below the last sale price of $337,915.
When was 397 Tobacco Rd built?
397 Tobacco Rd was built in 2021.
How does 397 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 397 Tobacco Rd?
397 Tobacco Rd is a 4 bed, 3 bath, 2,820 sqft single_family.
Is 397 Tobacco Rd a flip candidate?
No — 397 Tobacco Rd does not appear in our flips dataset.
Is 397 Tobacco Rd a tax-appeal candidate?
No — 397 Tobacco Rd 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 Tobacco Rd