425 Troy McElrath Rd
Lexington, NC 27295
2 bd 1 ba 1,800 sqft Built 1977 Lot 197,762 sqft single_family
Most recent sale
$152,750
Dec 22, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 22, 2021 | Sold | $152,750 | MLS #1047696 |
| Oct 29, 2021 | Listed | $150,000 | MLS #1047696 |
| Sep 23, 2021 | Sold | $135,000 | Public Record |
| Jul 18, 2018 | Sold | $115,000 | Public Record |
| Jul 3, 2018 | Listing removed | $112,900 | LexingtonNC |
| May 29, 2018 | Listed | $112,900 | MLS #889431 |
| Nov 26, 2017 | Listing removed | $130,000 | TriadMLS |
| Oct 24, 2017 | Price changed | $130,000 | MLS #843663 |
| Jul 24, 2017 | Listed | $150,000 | MLS #843663 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $130,370 | $34,050 | $164,420 | $1,004 |
| 2023 | $130,370 | $38,480 | $168,850 | $1,031 |
| 2022 | $130,370 | $38,480 | $168,850 | $1,031 |
| 2021 | $137,200 | $36,090 | $173,290 | $1,058 |
| 2020 | $92,950 | $36,090 | $129,040 | $788 |
| 2019 | $92,950 | $36,090 | $129,040 | $800 |
| 2018 | $89,250 | $36,090 | $125,340 | $777 |
| 2017 | $89,250 | $36,090 | $125,340 | $777 |
| 2016 | $89,250 | $36,090 | $125,340 | $777 |
| 2015 | $89,250 | $36,090 | $125,340 | $777 |
| 2014 | $97,950 | $36,090 | $134,040 | $831 |
| 2013 | $97,950 | $36,090 | $134,040 | $831 |
| 2012 | $97,950 | $36,090 | $134,040 | $831 |
| 2011 | $97,950 | $36,730 | $134,680 | $835 |
| 2010 | $71,090 | $36,730 | $107,820 | $668 |
| 2009 | $71,090 | $36,730 | $107,820 | $668 |
| 2008 | $71,090 | $36,730 | $107,820 | $668 |
| 2007 | $71,090 | $36,730 | $107,820 | $668 |
Property facts
Year built
1977
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,800 sqft
Lot size
197,762 sqft
ZIP code
27295
City
Lexington
Street
Troy McElrath Rd
Coordinates
35.82746, -80.38903
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
$917
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 425 Troy McElrath Rd last sell?
425 Troy McElrath Rd most recently sold on Dec 22, 2021 for $152,750.
What is the current tax assessment for 425 Troy McElrath Rd?
The most recent total assessment for 425 Troy McElrath Rd (year 2025) is $164,420 with $1,004 in property tax.
How does 425 Troy McElrath Rd's assessment compare to its last sale price?
The current assessment is 7.6% above the last sale price of $152,750.
When was 425 Troy McElrath Rd built?
425 Troy McElrath Rd was built in 1977.
How does 425 Troy McElrath Rd compare to others on Troy McElrath Rd?
We track 2 other properties on Troy McElrath Rd. Browse the list under "Other properties on Troy McElrath Rd" to compare beds, baths, and sale history.
What are the property facts for 425 Troy McElrath Rd?
425 Troy McElrath Rd is a 2 bed, 1 bath, 1,800 sqft, 197,762 sqft lot single_family.
Is 425 Troy McElrath Rd a flip candidate?
No — 425 Troy McElrath Rd does not appear in our flips dataset.
Is 425 Troy McElrath Rd a tax-appeal candidate?
No — 425 Troy McElrath 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 Troy McElrath Rd