118 Village Ln
Lexington, NC 27292
3 bd 2 ba 1,296 sqft Built 1993 Lot 32,234 sqft single_family
Most recent sale
$185,000
Dec 28, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 28, 2021 | Sold | $185,000 | MLS #1049966 |
| Nov 24, 2021 | Listed | $180,000 | MLS #1049966 |
| Apr 20, 2017 | Sold | $122,900 | MLS #826347 |
| Mar 13, 2017 | Listed | $122,900 | MLS #826347 |
| Apr 1, 1994 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $112,620 | $20,000 | $132,620 | $1,567 |
| 2023 | $105,010 | $20,000 | $125,010 | $1,477 |
| 2022 | $105,010 | $20,000 | $125,010 | $1,477 |
| 2021 | $102,100 | $20,000 | $122,100 | $1,443 |
| 2020 | $83,990 | $20,000 | $103,990 | $1,219 |
| 2019 | $83,990 | $20,000 | $103,990 | $1,237 |
| 2018 | $83,990 | $20,000 | $103,990 | $1,237 |
| 2017 | $76,160 | $20,000 | $96,160 | $1,144 |
| 2016 | $76,160 | $20,000 | $96,160 | $1,144 |
| 2015 | $76,160 | $20,000 | $96,160 | $1,096 |
| 2014 | $79,110 | $20,000 | $99,110 | $1,130 |
| 2013 | $79,110 | $20,000 | $99,110 | $1,130 |
| 2012 | $79,110 | $20,000 | $99,110 | $1,130 |
| 2011 | $79,110 | $20,000 | $99,110 | $1,090 |
| 2010 | $79,110 | $20,000 | $99,110 | $1,090 |
| 2009 | $79,110 | $20,000 | $99,110 | $1,090 |
| 2008 | $79,110 | $20,000 | $99,110 | $1,090 |
| 2007 | $78,750 | $20,000 | $98,750 | $1,061 |
Property facts
Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,296 sqft
Lot size
32,234 sqft
ZIP code
27292
City
Lexington
Street
Village Ln
Coordinates
35.76903, -80.30847
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,750
Gross rental yield
11.35%
Implied cap rate
7.38%
Trend-extrapolated value
—
Frequently asked questions
When did 118 Village Ln last sell?
118 Village Ln most recently sold on Dec 28, 2021 for $185,000.
What is the current tax assessment for 118 Village Ln?
The most recent total assessment for 118 Village Ln (year 2025) is $132,620 with $1,567 in property tax.
How does 118 Village Ln's assessment compare to its last sale price?
The current assessment is 28.3% below the last sale price of $185,000.
When was 118 Village Ln built?
118 Village Ln was built in 1993.
How does 118 Village Ln compare to others on Village Ln?
We do not currently track other properties on Village Ln.
What are the property facts for 118 Village Ln?
118 Village Ln is a 3 bed, 2 bath, 1,296 sqft, 32,234 sqft lot single_family.
Is 118 Village Ln a flip candidate?
No — 118 Village Ln does not appear in our flips dataset.
Is 118 Village Ln a tax-appeal candidate?
No — 118 Village Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.8%
Implied 1-yr
-19.0%
2026 Q3
$252.1K
2026 Q4
$234.8K
ZIP 27292 — Median Price History + Forecast
Explore nearby
Geography