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1587 Gate Hill Rd

Bolivia, NC 28422

3 bd 2 ba 1,317 sqft Built 2023 Lot 6,970 sqft single_family
Most recent sale
$275,900
Dec 29, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2023 Sold $275,900 NCRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $226,680 $48,000 $274,680 $985
2024 $226,680 $48,000 $274,680 $983
2023 $48,000 $48,000 $25

Property facts

Year built
2023
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,317 sqft
Lot size
6,970 sqft
ZIP code
28422
City
Bolivia
Street
Gate Hill Rd
Coordinates
33.99800, -78.19747

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
$1,778
Gross rental yield
7.73%
Implied cap rate
5.03%
Trend-extrapolated value

Frequently asked questions

When did 1587 Gate Hill Rd last sell?
1587 Gate Hill Rd most recently sold on Dec 29, 2023 for $275,900.
What is the current tax assessment for 1587 Gate Hill Rd?
The most recent total assessment for 1587 Gate Hill Rd (year 2025) is $274,680 with $985 in property tax.
How does 1587 Gate Hill Rd's assessment compare to its last sale price?
The current assessment is 0.4% below the last sale price of $275,900.
When was 1587 Gate Hill Rd built?
1587 Gate Hill Rd was built in 2023.
How does 1587 Gate Hill Rd compare to others on Gate Hill Rd?
We track 8 other properties on Gate Hill Rd. Browse the list under "Other properties on Gate Hill Rd" to compare beds, baths, and sale history.
What are the property facts for 1587 Gate Hill Rd?
1587 Gate Hill Rd is a 3 bed, 2 bath, 1,317 sqft, 6,970 sqft lot single_family.
Is 1587 Gate Hill Rd a flip candidate?
No — 1587 Gate Hill Rd does not appear in our flips dataset.
Is 1587 Gate Hill Rd a tax-appeal candidate?
No — 1587 Gate Hill 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
-6.6%
Implied 1-yr
-26.6%
2026 Q3
$401.6K
2026 Q4
$401.6K
ZIP 28422 — Median Price History + Forecast

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