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710 Phar Lap Ln

Bahama, NC 27503

3 bd 3 ba 2,668 sqft Built 1993 Lot 80,020 sqft single_family
Most recent sale
$505,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2024 Sold $545,000 DoorifyMLS
Apr 5, 2024 Listed $545,000 TriangleAreaNC
Jul 8, 2022 Sold $505,000 MLS #2454593
Jun 9, 2022 Listed $470,000 MLS #2454593
Nov 10, 1993 Sold $173,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $422,384 $107,848 $530,232 $3,008
2023 $264,406 $43,050 $307,456 $2,849
2022 $247,666 $43,036 $290,702 $2,599
2021 $247,666 $43,036 $290,702 $2,386
2020 $247,666 $43,036 $290,702 $2,357
2019 $247,666 $43,036 $290,702 $2,357
2018 $214,300 $33,370 $247,670 $2,171
2017 $214,300 $33,370 $247,670 $2,146
2016 $214,300 $33,370 $247,670 $2,078
2015 $215,014 $75,461 $290,475 $2,590
2014 $215,014 $75,461 $290,475 $2,590
2013 $215,014 $75,461 $290,475 $2,424
2012 $215,014 $75,461 $290,475 $2,337
2011 $215,014 $75,461 $290,475 $2,341
2010 $215,014 $75,461 $290,475 $2,341
2009 $215,014 $75,461 $290,475 $2,231
2008 $215,014 $75,461 $290,475 $2,231
2006 $219,780 $28,935 $248,715 $2,161

Property facts

Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,668 sqft
Lot size
80,020 sqft
ZIP code
27503
City
Bahama
Street
Phar Lap Ln
Coordinates
36.17481, -78.88865

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
$3,602
Gross rental yield
8.56%
Implied cap rate
5.56%
Trend-extrapolated value

Frequently asked questions

When did 710 Phar Lap Ln last sell?
710 Phar Lap Ln most recently sold on Jul 8, 2022 for $505,000.
What is the current tax assessment for 710 Phar Lap Ln?
The most recent total assessment for 710 Phar Lap Ln (year 2024) is $530,232 with $3,008 in property tax.
How does 710 Phar Lap Ln's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $505,000.
When was 710 Phar Lap Ln built?
710 Phar Lap Ln was built in 1993.
How does 710 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 710 Phar Lap Ln?
710 Phar Lap Ln is a 3 bed, 3 bath, 2,668 sqft, 80,020 sqft lot single_family.
Is 710 Phar Lap Ln a flip candidate?
No — 710 Phar Lap Ln does not appear in our flips dataset.
Is 710 Phar Lap Ln a tax-appeal candidate?
No — 710 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 valuation
Quarterly trend
-1.8%
Implied 1-yr
-7.2%
2026 Q3
$431K
2026 Q4
$422.2K
ZIP 27503 — Median Price History + Forecast

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