78 Tim Patterson Ln
Broadway, NC 27505
4 bd 2 ba 2,117 sqft Built 1920 Lot 5,507,726 sqft land
Most recent sale
$4,000,000
Apr 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 13, 2025 | Sold | $6,390,000 | Public Record |
| Apr 25, 2022 | Sold | $4,000,000 | Public Record |
| Jun 25, 2021 | Listed | $3,995,000 | MLS #2392002 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $213,829 | $604,500 | $818,329 | $5,906 |
| 2024 | $213,829 | $604,500 | $818,329 | $5,824 |
| 2023 | $213,829 | $604,500 | $818,329 | $5,824 |
| 2022 | $213,829 | $604,500 | $818,329 | $5,660 |
| 2021 | $162,040 | $642,770 | $804,810 | $2,668 |
| 2020 | $162,040 | $670,440 | $832,480 | $2,101 |
| 2019 | $162,040 | $670,440 | $832,480 | $2,071 |
| 2018 | $162,040 | $670,440 | $832,480 | $2,071 |
| 2017 | $162,040 | $670,440 | $832,480 | $2,071 |
| 2016 | $173,670 | $406,460 | $580,130 | $2,190 |
| 2015 | $173,670 | $406,460 | $580,130 | $2,190 |
| 2014 | $173,670 | $76,360 | $250,030 | $2,190 |
| 2013 | $173,670 | $76,360 | $250,030 | $2,127 |
| 2012 | $173,670 | $76,360 | $250,030 | $2,127 |
| 2011 | $173,670 | $76,360 | $250,030 | $2,087 |
| 2010 | $173,670 | $425,760 | $599,430 | $2,077 |
| 2009 | $173,670 | $425,760 | $599,430 | $2,077 |
| 2008 | $165,380 | $365,030 | $530,410 | $1,982 |
Property facts
Year built
1920
Property type
land
Stories
1
Beds
4
Baths
2
Living area
2,117 sqft
Lot size
5,507,726 sqft
ZIP code
27505
City
Broadway
Street
Tim Patterson Ln
Coordinates
35.44341, -79.03191
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$24,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 78 Tim Patterson Ln last sell?
78 Tim Patterson Ln most recently sold on Apr 25, 2022 for $4,000,000.
What is the current tax assessment for 78 Tim Patterson Ln?
The most recent total assessment for 78 Tim Patterson Ln (year 2025) is $818,329 with $5,906 in property tax.
How does 78 Tim Patterson Ln's assessment compare to its last sale price?
The current assessment is 79.5% below the last sale price of $4,000,000.
When was 78 Tim Patterson Ln built?
78 Tim Patterson Ln was built in 1920.
How does 78 Tim Patterson Ln compare to others on Tim Patterson Ln?
We do not currently track other properties on Tim Patterson Ln.
What are the property facts for 78 Tim Patterson Ln?
78 Tim Patterson Ln is a 4 bed, 2 bath, 2,117 sqft, 5,507,726 sqft lot land.
Is 78 Tim Patterson Ln a flip candidate?
No — 78 Tim Patterson Ln does not appear in our flips dataset.
Is 78 Tim Patterson Ln a tax-appeal candidate?
No — 78 Tim Patterson 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
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$363.3K
2026 Q4
$355.7K
ZIP 27505 — Median Price History + Forecast
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Geography