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421 Tobacco Rd

Lexington, NC 27295

3 bd 2 ba 1,764 sqft Built 2021 single_family
Most recent sale
$302,050
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $302,050 MLS #1046789
Oct 25, 2021 Listed $301,490 MLS #490-49155-491550000-0057
Oct 20, 2021 Listed $301,490 MLS #1046789
Sep 9, 2021 Sold $619,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $193,910 $50,000 $243,910 $1,537
2023 $193,910 $50,000 $243,910 $1,537
2022 $50,000 $50,000 $315

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,764 sqft
Lot size
ZIP code
27295
City
Lexington
Street
Tobacco Rd
Coordinates
35.96376, -80.27696

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
$2,381
Gross rental yield
9.46%
Implied cap rate
6.15%
Trend-extrapolated value

Frequently asked questions

When did 421 Tobacco Rd last sell?
421 Tobacco Rd most recently sold on Apr 29, 2022 for $302,050.
What is the current tax assessment for 421 Tobacco Rd?
The most recent total assessment for 421 Tobacco Rd (year 2025) is $243,910 with $1,537 in property tax.
How does 421 Tobacco Rd's assessment compare to its last sale price?
The current assessment is 19.2% below the last sale price of $302,050.
When was 421 Tobacco Rd built?
421 Tobacco Rd was built in 2021.
How does 421 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 421 Tobacco Rd?
421 Tobacco Rd is a 3 bed, 2 bath, 1,764 sqft single_family.
Is 421 Tobacco Rd a flip candidate?
No — 421 Tobacco Rd does not appear in our flips dataset.
Is 421 Tobacco Rd a tax-appeal candidate?
No — 421 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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