121 Lee Trace Dr
Smithfield, NC 27577
3 bd 3 ba 2,072 sqft Built 2005 Lot 36,590 sqft single_family
Most recent sale
$350,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $350,000 | Public Record |
| Apr 22, 2022 | Listed | $349,900 | MLS #2442511 |
| Nov 16, 2021 | Relisted | $325,000 | MLS #2417781 |
| Nov 14, 2021 | Listed | $325,000 | MLS #2417781 |
| Dec 21, 2005 | Sold | $168,900 | DoorifyMLS |
| Dec 2, 2005 | Sold | $169,000 | Public Record |
| Mar 31, 2005 | Sold | $50,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $269,540 | $65,000 | $334,540 | $2,124 |
| 2023 | $167,660 | $34,000 | $201,660 | $1,552 |
| 2022 | $167,660 | $34,000 | $201,660 | $1,593 |
| 2021 | $167,660 | $34,000 | $201,660 | $1,593 |
| 2020 | $167,660 | $34,000 | $201,660 | $1,671 |
| 2019 | $167,660 | $34,000 | $201,660 | $1,653 |
| 2018 | $131,900 | $33,520 | $165,420 | $1,389 |
| 2017 | $131,900 | $33,520 | $165,420 | $1,389 |
| 2016 | $131,900 | $33,520 | $165,420 | $1,389 |
| 2015 | $131,900 | $33,520 | $165,420 | $1,389 |
| 2014 | $131,900 | $33,520 | $165,420 | $1,410 |
| 2013 | — | — | $165,420 | $1,410 |
| 2012 | — | — | $165,420 | $1,397 |
| 2011 | $131,900 | $33,520 | $165,420 | $1,397 |
| 2010 | $145,250 | $23,940 | $169,190 | $1,430 |
| 2009 | $145,250 | $23,940 | $169,190 | $1,429 |
| 2008 | $145,250 | $23,940 | $169,190 | $1,429 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,072 sqft
Lot size
36,590 sqft
ZIP code
27577
City
Smithfield
Street
Lee Trace Dr
Coordinates
35.54458, -78.44874
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
$2,797
Gross rental yield
9.59%
Implied cap rate
6.23%
Trend-extrapolated value
—
Frequently asked questions
When did 121 Lee Trace Dr last sell?
121 Lee Trace Dr most recently sold on May 26, 2022 for $350,000.
What is the current tax assessment for 121 Lee Trace Dr?
The most recent total assessment for 121 Lee Trace Dr (year 2025) is $334,540 with $2,124 in property tax.
How does 121 Lee Trace Dr's assessment compare to its last sale price?
The current assessment is 4.4% below the last sale price of $350,000.
When was 121 Lee Trace Dr built?
121 Lee Trace Dr was built in 2005.
How does 121 Lee Trace Dr compare to others on Lee Trace Dr?
We track 8 other properties on Lee Trace Dr. Browse the list under "Other properties on Lee Trace Dr" to compare beds, baths, and sale history.
What are the property facts for 121 Lee Trace Dr?
121 Lee Trace Dr is a 3 bed, 3 bath, 2,072 sqft, 36,590 sqft lot single_family.
Is 121 Lee Trace Dr a flip candidate?
No — 121 Lee Trace Dr does not appear in our flips dataset.
Is 121 Lee Trace Dr a tax-appeal candidate?
No — 121 Lee Trace Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.2%
Implied 1-yr
-20.8%
2026 Q3
$261.8K
2026 Q4
$253.1K
ZIP 27577 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lee Trace Dr