281 Spring Water Dr
Brevard, NC 28712
3 bd 2 ba 1,142 sqft Built 1973 Lot 19,853 sqft single_family
Most recent sale
$197,000
Dec 15, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 15, 2023 | Sold | $197,000 | CanopyMLS |
| Sep 23, 2023 | Price changed | $209,000 | CanopyMLS |
| Jul 18, 2023 | Listed | $225,900 | CanopyMLS |
| Aug 10, 2022 | Listing removed | — | CanopyMLS |
| Aug 10, 2022 | Sold | $152,000 | Public Record |
| Jul 2, 2022 | Listed | $159,000 | MLS #3879333 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $162,640 | $30,000 | $192,640 | $925 |
| 2023 | $91,020 | $27,000 | $118,020 | $776 |
| 2022 | $28,080 | $27,000 | $55,080 | $362 |
| 2021 | $28,080 | $27,000 | $55,080 | $359 |
| 2020 | $25,200 | $27,000 | $52,200 | $363 |
| 2019 | $25,200 | $27,000 | $52,200 | $361 |
| 2018 | $25,200 | $27,000 | $52,200 | $310 |
| 2017 | $25,200 | $27,000 | $52,200 | $307 |
| 2016 | $25,200 | $27,000 | $52,200 | $302 |
| 2015 | $25,500 | $27,000 | $52,500 | $271 |
| 2014 | — | — | $52,500 | $268 |
| 2013 | — | — | $52,500 | $258 |
| 2012 | — | — | $52,500 | $234 |
| 2011 | — | — | $52,500 | $234 |
| 2010 | — | — | $52,500 | $233 |
| 2009 | — | — | $52,500 | $233 |
| 2007 | — | — | $30,610 | $185 |
Property facts
Year built
1973
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,142 sqft
Lot size
19,853 sqft
ZIP code
28712
City
Brevard
Street
Spring Water Dr
Coordinates
35.12970, -82.71085
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
$1,542
Gross rental yield
9.39%
Implied cap rate
6.11%
Trend-extrapolated value
—
Frequently asked questions
When did 281 Spring Water Dr last sell?
281 Spring Water Dr most recently sold on Dec 15, 2023 for $197,000.
What is the current tax assessment for 281 Spring Water Dr?
The most recent total assessment for 281 Spring Water Dr (year 2025) is $192,640 with $925 in property tax.
How does 281 Spring Water Dr's assessment compare to its last sale price?
The current assessment is 2.2% below the last sale price of $197,000.
When was 281 Spring Water Dr built?
281 Spring Water Dr was built in 1973.
How does 281 Spring Water Dr compare to others on Spring Water Dr?
We track 6 other properties on Spring Water Dr. Browse the list under "Other properties on Spring Water Dr" to compare beds, baths, and sale history.
What are the property facts for 281 Spring Water Dr?
281 Spring Water Dr is a 3 bed, 2 bath, 1,142 sqft, 19,853 sqft lot single_family.
Is 281 Spring Water Dr a flip candidate?
Yes — 281 Spring Water Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 281 Spring Water Dr a tax-appeal candidate?
No — 281 Spring Water Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$479.5K
2026 Q4
$478.1K
ZIP 28712 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spring Water Dr