512 Phar Lap Ln
Bahama, NC 27503
3 bd 3 ba 2,520 sqft Built 2002 Lot 40,946 sqft single_family
Most recent sale
$507,000
Oct 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Sold | $507,000 | MLS #2467971 |
| Aug 23, 2022 | Relisted | $490,000 | MLS #2467971 |
| Aug 11, 2022 | Listed | $490,000 | MLS #2467971 |
| Sep 30, 2020 | Sold | $370,000 | MLS #2332176 |
| Apr 1, 2006 | Sold | $295,000 | DoorifyMLS |
| Mar 31, 2006 | Sold | $295,000 | Public Record |
| Dec 18, 2002 | Sold | $294,500 | Public Record |
| Jul 5, 2002 | Sold | $22,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $449,961 | $82,450 | $532,411 | $3,050 |
| 2023 | $278,167 | $33,950 | $312,117 | $2,889 |
| 2022 | $267,331 | $33,915 | $301,246 | $2,685 |
| 2021 | $267,331 | $33,915 | $301,246 | $2,473 |
| 2020 | $267,331 | $33,915 | $301,246 | $2,443 |
| 2019 | $267,331 | $33,915 | $301,246 | $2,443 |
| 2018 | $227,332 | $24,225 | $251,557 | $2,205 |
| 2017 | $227,332 | $24,225 | $251,557 | $2,180 |
| 2016 | $227,332 | $24,225 | $251,557 | $2,111 |
| 2015 | $222,117 | $46,698 | $268,815 | $2,397 |
| 2014 | $222,117 | $46,698 | $268,815 | $2,397 |
| 2013 | $222,117 | $46,698 | $268,815 | $2,243 |
| 2012 | $222,117 | $46,698 | $268,815 | $2,162 |
| 2011 | $222,117 | $46,698 | $268,815 | $2,166 |
| 2010 | $222,117 | $46,698 | $268,815 | $2,166 |
| 2009 | $222,117 | $46,698 | $268,815 | $2,064 |
| 2008 | $222,117 | $46,698 | $268,815 | $2,065 |
| 2006 | $244,780 | $25,688 | $270,468 | $2,350 |
Property facts
Year built
2002
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,520 sqft
Lot size
40,946 sqft
ZIP code
27503
City
Bahama
Street
Phar Lap Ln
Coordinates
36.17211, -78.89165
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,402
Gross rental yield
8.05%
Implied cap rate
5.23%
Trend-extrapolated value
—
Frequently asked questions
When did 512 Phar Lap Ln last sell?
512 Phar Lap Ln most recently sold on Oct 3, 2022 for $507,000.
What is the current tax assessment for 512 Phar Lap Ln?
The most recent total assessment for 512 Phar Lap Ln (year 2024) is $532,411 with $3,050 in property tax.
How does 512 Phar Lap Ln's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $507,000.
When was 512 Phar Lap Ln built?
512 Phar Lap Ln was built in 2002.
How does 512 Phar Lap Ln compare to others on Phar Lap Ln?
We track 8 other properties on Phar Lap Ln. Browse the list under "Other properties on Phar Lap Ln" to compare beds, baths, and sale history.
What are the property facts for 512 Phar Lap Ln?
512 Phar Lap Ln is a 3 bed, 3 bath, 2,520 sqft, 40,946 sqft lot single_family.
Is 512 Phar Lap Ln a flip candidate?
No — 512 Phar Lap Ln does not appear in our flips dataset.
Is 512 Phar Lap Ln a tax-appeal candidate?
No — 512 Phar Lap Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.8%
Implied 1-yr
-7.2%
2026 Q3
$431K
2026 Q4
$422.2K
ZIP 27503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Phar Lap Ln