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148 Lee Trace Dr

Smithfield, NC 27577

4 bd 3 ba 2,404 sqft Built 2004 Lot 30,056 sqft single_family
Most recent sale
$320,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $320,000 MLS #2461440
Aug 8, 2022 Price changed $340,900 MLS #2461440
Jul 11, 2022 Listed $356,700 MLS #2461440
Jan 28, 2005 Sold $176,000 Public Record
Apr 21, 2004 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $296,810 $65,000 $361,810 $2,297
2023 $187,650 $34,000 $221,650 $1,706
2022 $187,650 $34,000 $221,650 $1,751
2021 $187,650 $34,000 $221,650 $1,751
2020 $187,650 $34,000 $221,650 $1,818
2019 $187,650 $34,000 $221,650 $1,818
2018 $144,130 $32,360 $176,490 $1,483
2017 $144,130 $32,360 $176,490 $1,483
2016 $144,130 $32,360 $176,490 $1,483
2015 $144,130 $32,360 $176,490 $1,483
2014 $144,130 $32,360 $176,490 $1,505
2013 $176,490 $1,505
2011 $144,130 $32,360 $176,490 $1,491
2010 $161,150 $23,120 $184,270 $1,557
2009 $161,150 $23,120 $184,270 $1,557
2008 $161,150 $23,120 $184,270 $1,557

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,404 sqft
Lot size
30,056 sqft
ZIP code
27577
City
Smithfield
Street
Lee Trace Dr
Coordinates
35.54242, -78.45016

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,245
Gross rental yield
12.17%
Implied cap rate
7.91%
Trend-extrapolated value

Frequently asked questions

When did 148 Lee Trace Dr last sell?
148 Lee Trace Dr most recently sold on Sep 9, 2022 for $320,000.
What is the current tax assessment for 148 Lee Trace Dr?
The most recent total assessment for 148 Lee Trace Dr (year 2025) is $361,810 with $2,297 in property tax.
How does 148 Lee Trace Dr's assessment compare to its last sale price?
The current assessment is 13.1% above the last sale price of $320,000.
When was 148 Lee Trace Dr built?
148 Lee Trace Dr was built in 2004.
How does 148 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 148 Lee Trace Dr?
148 Lee Trace Dr is a 4 bed, 3 bath, 2,404 sqft, 30,056 sqft lot single_family.
Is 148 Lee Trace Dr a flip candidate?
No — 148 Lee Trace Dr does not appear in our flips dataset.
Is 148 Lee Trace Dr a tax-appeal candidate?
No — 148 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 valuation
Quarterly trend
-5.2%
Implied 1-yr
-20.8%
2026 Q3
$261.8K
2026 Q4
$253.1K
ZIP 27577 — Median Price History + Forecast

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