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422 Tobacco Rd

Lexington, NC 27295

4 bd 4 ba 3,108 sqft Built 2021 single_family
Most recent sale
$370,280
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $370,280 MLS #1047572
Oct 29, 2021 Listed $370,205 MLS #490-49155-491550000-0172
Oct 27, 2021 Listed $370,205 MLS #1047572
Sep 9, 2021 Sold $619,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $285,370 $50,000 $335,370 $2,114
2023 $285,370 $50,000 $335,370 $2,114
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
35.96408, -80.27672

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
$4,196
Gross rental yield
13.60%
Implied cap rate
8.84%
Trend-extrapolated value

Frequently asked questions

When did 422 Tobacco Rd last sell?
422 Tobacco Rd most recently sold on May 27, 2022 for $370,280.
What is the current tax assessment for 422 Tobacco Rd?
The most recent total assessment for 422 Tobacco Rd (year 2025) is $335,370 with $2,114 in property tax.
How does 422 Tobacco Rd's assessment compare to its last sale price?
The current assessment is 9.4% below the last sale price of $370,280.
When was 422 Tobacco Rd built?
422 Tobacco Rd was built in 2021.
How does 422 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 422 Tobacco Rd?
422 Tobacco Rd is a 4 bed, 4 bath, 3,108 sqft single_family.
Is 422 Tobacco Rd a flip candidate?
No — 422 Tobacco Rd does not appear in our flips dataset.
Is 422 Tobacco Rd a tax-appeal candidate?
No — 422 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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