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406 Southway Garden Rd

Arden, NC 28704

2 bd 2 ba 1,056 sqft Built 1974 Lot 871 sqft condo
Most recent sale
$230,000
Feb 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 15, 2024 Sold $230,000 CanopyMLS
Dec 1, 2023 Listed $239,000 CanopyMLS
Apr 10, 2023 Listing removed TurboTenant
Apr 9, 2023 Listing removed Zumper
Apr 8, 2023 Listed for rent $1,300 Zumper
Mar 29, 2023 Listed for rent $1,300 TurboTenant
Apr 11, 2022 Listing removed TurboTenant
Mar 31, 2022 Listed for rent $1,200 TurboTenant
Mar 29, 2022 Listing removed TurboTenant
Feb 28, 2022 Listed for rent $1,400 TurboTenant
Feb 17, 2021 Listing removed RentlinxUnits
Feb 14, 2021 Listed for rent $1,100 RentlinxUnits
Feb 14, 2021 Listing removed RentlinxUnits
Feb 12, 2021 Sold $133,500 Public Record
Jan 23, 2021 Price changed (rent) $1,149 RentlinxUnits
Jan 11, 2021 Price changed (rent) $1,195 RentlinxUnits
Dec 23, 2020 Listed for rent $1,095 RentlinxUnits
May 31, 2017 Sold $107,000 CanopyMLS
May 26, 2017 Sold $107,000 NWCarolina
May 26, 2017 Listed $112,500 CanopyMLS
Apr 24, 2017 Listed $112,500 NWCarolina
May 14, 2012 Sold $56,000 NWCarolina
May 31, 2007 Sold $101,500 Public Record
May 25, 2007 Listed $109,500 NWCarolina
Jul 18, 2001 Sold $59,500 Public Record
Aug 20, 1999 Listed $59,900 NWCarolina
Aug 20, 1999 Sold $56,000 Public Record
Jul 30, 1997 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,100 $20,000 $124,100 $799
2024 $104,100 $20,000 $124,100 $767
2023 $104,100 $20,000 $124,100 $739
2022 $104,100 $20,000 $124,100 $727
2021 $104,100 $20,000 $124,100 $727
2020 $69,900 $15,000 $84,900 $534
2019 $69,900 $15,000 $84,900 $534
2018 $69,900 $15,000 $84,900 $534
2017 $69,900 $15,000 $84,900 $534
2016 $68,100 $15,000 $83,100 $577
2015 $68,100 $15,000 $83,100 $577
2014 $68,100 $15,000 $83,100 $577
2013 $68,100 $15,000 $83,100 $577
2012 $71,100 $10,000 $81,100 $489
2011 $71,100 $10,000 $81,100 $489
2010 $71,100 $10,000 $81,100 $489
2009 $71,100 $10,000 $81,100 $489
2008 $71,100 $10,000 $81,100 $489
2007 $71,100 $10,000 $81,100 $489

Property facts

Year built
1974
Property type
condo
Stories
2
Beds
2
Baths
2
Living area
1,056 sqft
Lot size
871 sqft
ZIP code
28704
City
Arden
Street
Southway Garden Rd
Coordinates
35.48382, -82.51755

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,426
Gross rental yield
7.44%
Implied cap rate
4.84%
Trend-extrapolated value

Frequently asked questions

When did 406 Southway Garden Rd last sell?
406 Southway Garden Rd most recently sold on Feb 15, 2024 for $230,000.
What is the current tax assessment for 406 Southway Garden Rd?
The most recent total assessment for 406 Southway Garden Rd (year 2025) is $124,100 with $799 in property tax.
How does 406 Southway Garden Rd's assessment compare to its last sale price?
The current assessment is 46.0% below the last sale price of $230,000.
When was 406 Southway Garden Rd built?
406 Southway Garden Rd was built in 1974.
How does 406 Southway Garden Rd compare to others on Southway Garden Rd?
We track 5 other properties on Southway Garden Rd. Browse the list under "Other properties on Southway Garden Rd" to compare beds, baths, and sale history.
What are the property facts for 406 Southway Garden Rd?
406 Southway Garden Rd is a 2 bed, 2 bath, 1,056 sqft, 871 sqft lot condo.
Is 406 Southway Garden Rd a flip candidate?
No — 406 Southway Garden Rd does not appear in our flips dataset.
Is 406 Southway Garden Rd a tax-appeal candidate?
No — 406 Southway Garden Rd 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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