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398 Tobacco Rd

Lexington, NC 27295

3 bd 2 ba 1,902 sqft Built 2021 single_family
Most recent sale
$320,190
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $320,190 MLS #1047591
Oct 29, 2021 Listed $320,490 MLS #490-49155-491550000-0173
Oct 28, 2021 Listed $320,490 MLS #1047591
Sep 9, 2021 Sold $619,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $210,320 $50,000 $260,320 $1,641
2023 $205,320 $50,000 $255,320 $1,609
2022 $50,000 $50,000 $315

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,902 sqft
Lot size
ZIP code
27295
City
Lexington
Street
Tobacco Rd
Coordinates
35.96400, -80.27647

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
$2,568
Gross rental yield
9.62%
Implied cap rate
6.26%
Trend-extrapolated value

Frequently asked questions

When did 398 Tobacco Rd last sell?
398 Tobacco Rd most recently sold on May 13, 2022 for $320,190.
What is the current tax assessment for 398 Tobacco Rd?
The most recent total assessment for 398 Tobacco Rd (year 2025) is $260,320 with $1,641 in property tax.
How does 398 Tobacco Rd's assessment compare to its last sale price?
The current assessment is 18.7% below the last sale price of $320,190.
When was 398 Tobacco Rd built?
398 Tobacco Rd was built in 2021.
How does 398 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 398 Tobacco Rd?
398 Tobacco Rd is a 3 bed, 2 bath, 1,902 sqft single_family.
Is 398 Tobacco Rd a flip candidate?
No — 398 Tobacco Rd does not appear in our flips dataset.
Is 398 Tobacco Rd a tax-appeal candidate?
No — 398 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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