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68 Drakes Meadow Ln

Arden, NC 28704

4 bd 4 ba 3,587 sqft Built 2007 Lot 26,136 sqft single_family
Most recent sale
$820,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2024 Sold $940,000 Public Record
Sep 16, 2022 Sold $820,000 MLS #3895104
Aug 16, 2022 Listed $795,000 MLS #3895104
Jul 14, 2020 Sold $553,150 MLS #3622858
May 29, 2020 Listed $565,000 MLS #3622858
May 14, 2012 Sold $90,000 MLS #333442
Mar 6, 2009 Sold $475,000 MLS #414258
May 29, 2008 Listed $579,000 MLS #414258
Jan 26, 2006 Listed $92,900 MLS #333442
Jan 26, 2006 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $492,900 $66,200 $559,100 $3,603
2024 $492,900 $66,200 $559,100 $3,359
2023 $479,500 $66,200 $545,700 $3,252
2022 $479,500 $66,200 $545,700 $3,197
2021 $479,500 $66,200 $545,700 $3,198
2020 $473,100 $62,500 $535,600 $3,374
2019 $473,100 $62,500 $535,600 $3,374
2018 $473,100 $62,500 $535,600 $3,374
2017 $473,100 $62,500 $535,600 $3,374
2016 $379,300 $41,400 $420,700 $2,924
2015 $379,300 $41,400 $420,700 $2,924
2014 $379,300 $41,400 $420,700 $2,924
2013 $379,300 $41,400 $420,700 $2,924
2012 $418,700 $85,200 $503,900 $3,039
2011 $418,700 $85,200 $503,900 $3,039
2010 $418,700 $85,200 $503,900 $3,039
2009 $418,700 $85,200 $503,900 $3,039
2008 $181,400 $85,200 $266,600 $1,608
2007 $85,200 $85,200 $513

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,587 sqft
Lot size
26,136 sqft
ZIP code
28704
City
Arden
Street
Drakes Meadow Ln
Coordinates
35.47651, -82.48345

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,842
Gross rental yield
7.09%
Implied cap rate
4.61%
Trend-extrapolated value

Frequently asked questions

When did 68 Drakes Meadow Ln last sell?
68 Drakes Meadow Ln most recently sold on Sep 16, 2022 for $820,000.
What is the current tax assessment for 68 Drakes Meadow Ln?
The most recent total assessment for 68 Drakes Meadow Ln (year 2025) is $559,100 with $3,603 in property tax.
How does 68 Drakes Meadow Ln's assessment compare to its last sale price?
The current assessment is 31.8% below the last sale price of $820,000.
When was 68 Drakes Meadow Ln built?
68 Drakes Meadow Ln was built in 2007.
How does 68 Drakes Meadow Ln compare to others on Drakes Meadow Ln?
We track 6 other properties on Drakes Meadow Ln. Browse the list under "Other properties on Drakes Meadow Ln" to compare beds, baths, and sale history.
What are the property facts for 68 Drakes Meadow Ln?
68 Drakes Meadow Ln is a 4 bed, 4 bath, 3,587 sqft, 26,136 sqft lot single_family.
Is 68 Drakes Meadow Ln a flip candidate?
No — 68 Drakes Meadow Ln does not appear in our flips dataset.
Is 68 Drakes Meadow Ln a tax-appeal candidate?
No — 68 Drakes Meadow 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$1.08M
2026 Q4
$1.11M
ZIP 28704 — Median Price History + Forecast

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