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188 Marcus Ln

Lexington, TN 38351

3 bd 2 ba 1,528 sqft Built 2000 single_family
Most recent sale
$214,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $214,000 Public Record
Jul 11, 2022 Sold $214,000 CentralWestTN
May 24, 2022 Price changed $228,400 MLS #221985
May 5, 2022 Listed $234,900 MLS #221985
Sep 22, 2021 Listed $199,900 MLS #209276
Jul 20, 2021 Price changed $199,900 MLS #208032
Jul 11, 2021 Listed $209,000 MLS #208032
Apr 26, 2021 Sold $102,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $27,475 $651
2019 $27,475 $651
2018 $27,475 $627
2017 $27,475 $627
2016 $27,000 $641
2015 $27,000 $641
2014 $27,000 $641
2013 $27,000 $641
2012 $27,000 $641
2011 $27,000 $641
2010 $26,250 $669
2009 $26,250 $601
2008 $26,250 $601

Property facts

Year built
2000
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,528 sqft
Lot size
ZIP code
38351
City
Lexington
Street
Marcus Ln
Coordinates
35.70240, -88.36404

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,292
Gross rental yield
12.85%
Implied cap rate
8.35%
Trend-extrapolated value

Frequently asked questions

When did 188 Marcus Ln last sell?
188 Marcus Ln most recently sold on Jul 18, 2022 for $214,000.
What is the current tax assessment for 188 Marcus Ln?
The most recent total assessment for 188 Marcus Ln (year 2020) is $27,475 with $651 in property tax.
How does 188 Marcus Ln's assessment compare to its last sale price?
The current assessment is 87.2% below the last sale price of $214,000.
When was 188 Marcus Ln built?
188 Marcus Ln was built in 2000.
How does 188 Marcus Ln compare to others on Marcus Ln?
We track 3 other properties on Marcus Ln. Browse the list under "Other properties on Marcus Ln" to compare beds, baths, and sale history.
What are the property facts for 188 Marcus Ln?
188 Marcus Ln is a 3 bed, 2 bath, 1,528 sqft single_family.
Is 188 Marcus Ln a flip candidate?
Yes — 188 Marcus Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 188 Marcus Ln a tax-appeal candidate?
No — 188 Marcus Ln 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
-3.0%
Implied 1-yr
-11.9%
2026 Q3
$185.6K
2026 Q4
$178.8K
ZIP 38351 — Median Price History + Forecast

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