1195 Michael Rd
Lexington, NC 27295
- Studio
- 2,548 sqft (on 1.06 acres)
Studio
2,548 sqft
(on 1.06 acres)
Home Value
Trulia Estimate
$278KSince last month
Decreased$67K (-19.5%)Since last year
Increased$10K (+3.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +4% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $278K |
| July 2026 | $345K |
| June 2026 | $322K |
| May 2026 | $306K |
| April 2026 | $325K |
| March 2026 | $316K |
| February 2026 | $322K |
| January 2026 | $316K |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.15 | Multi-Family Home | $220,000 | 05/29/26 | - | 2,612 | ||
4.65 | Multi-Family Home | $795,000 | 10/07/25 | - | - | ||
4.79 | Multi-Family Home | $50,000 | 06/24/26 | - | 1,624 | ||
4.94 | Multi-Family Home | $190,000 | 08/12/26 | - | - | ||
4.81 | Multi-Family Home | $240,000 | 06/23/26 | - | - | ||
5.51 | Multi-Family Home | $225,000 | 09/23/25 | 4 | 2 | 1,586 | |
5.27 | Multi-Family Home | $40,000 | 02/25/26 | - | - | ||
5.51 | Multi-Family Home | $225,000 | 09/23/25 | - | - | ||
6.53 | Multi-Family Home | $250,000 | 07/02/26 | 4 | 1.5 | 1,714 | |
6.51 | Multi-Family Home | $63,000 | 04/06/26 | 2 | 1 | 839 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.19 | $191,300 | 2 | 1 | 862 | Off Market | |
0.33 | $252,300 | 2 | 1 | 1,223 | Off Market | |
0.47 | $235,000 | 2 | 2 | 1,209 | Recently Sold | |
0.45 | $350,800 | 3 | 2.5 | 1,723 | Off Market | |
0.71 | $233,800 | 3 | 2 | 1,792 | Off Market | |
0.71 | $802,800 | 4 | 2.5 | 2,855 | Off Market | |
0.76 | $120,000 | 3 | 2 | 1,456 | Recently Sold | |
0.77 | $197,600 | 3 | 1 | 1,096 | Off Market | |
0.78 | $229,900 | 3 | 2 | 1,260 | For Sale | |
0.79 | $238,000 | 3 | 2 | 1,513 | For Sale | |
0.80 | $290,000 | 3 | 2 | 1,320 | Recently Sold | |
0.80 | - | - | - | - | Off Market |
Local Information
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Home Highlights
Property Type
Multi-Family
Year Built
1986
Lot Size
1.06 acres
Living Area
2,548 sqft
Price/Sqft
$109
About this House
This multi-family home is located at 1195 Michael Rd, Lexington, NC. 1195 Michael Rd is in Lexington, NC and in ZIP code 27295. This property has approximately 2,548 sqft of floor space. This property has a lot size of 1.06 acres and was built in 1986.
1195 Michael Rd, Lexington, NC 27295 is a studio, 2,548 sqft multi-family built in 1986. It is currently off market. The Trulia Estimate is $278,000, with a rent estimate of $1,310/month.
Home Details for 1195 Michael Rd
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Heating & Cooling Heating: Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 1Floors: Other, Carpet, Linoleum Vinyl |
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Exterior Home Features Roof: CompositionExterior: BrickFoundation Type: FootingPatio |
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Year Built Year Built: 1986 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 3 |
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Lot Area: 1.06 acres |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $140,640 |
Home facts updated by county records
Market trends in Lexington
Last updated July 2026
Avg. sale price
$293K
$19.5KMoM
Sale-to-List Price
99.2%
0.2%MoM
Price per sq ft
$174
$6MoM
Available listings
309
5MoM
Around this home
What Locals Say about Lexington
At least 233 Trulia users voted on each feature.
87 % Say car is needed
84 % Say parking is easy
79 % Say yards are well-kept
77 % Say there's holiday spirit
61 % Say it's quiet
58 % Say kids play outside
54 % Say it's dog friendly
53 % Say people would walk alone at night
52 % Say there's wildlife
50 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
35 % Say there are community events
33 % Say streets are well-lit
30 % Say it's walkable to grocery stores
28 % Say it's walkable to restaurants
17 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1195 Michael Rd
- What is 1195 Michael Rd estimated to be worth?Trulia's estimated value for 1195 Michael Rd in Lexington, NC is $278,000.
- Is Lexington a buyer's or seller's market?Lexington is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Lexington?The median sale price in Lexington is $293K. That is up $19.5K from the prior month.
- What do residents say about Lexington?Residents describe Lexington, NC as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Lexington, NC.
- Does 1195 Michael Rd have air conditioning?Yes, 1195 Michael Rd in Lexington, NC has air conditioning.