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1406 Cherry Dr

Burlington, NC 27215

6 bd 4 ba 2,751 sqft Built 1975 Lot 24,394 sqft single_family
Most recent sale
$399,000
Oct 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2026 Listed $460,000 TriadMLS
Oct 24, 2022 Sold $399,000 MLS #2467416
Aug 25, 2022 Price changed $399,000 MLS #1080235
Aug 12, 2022 Listed $410,000 MLS #124283
Aug 9, 2022 Listed $410,000 MLS #2467416

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $328,194 $44,908 $373,102 $3,629
2024 $328,194 $44,908 $373,102 $3,536
2023 $328,194 $44,908 $373,102 $3,399
2022 $163,319 $35,010 $198,329 $2,461
2021 $163,319 $35,010 $198,329 $2,481
2020 $163,319 $35,010 $198,329 $2,501
2019 $163,319 $35,010 $198,329 $2,508
2018 $163,319 $35,010 $198,329 $2,348
2017 $163,319 $35,010 $198,329 $2,335
2016 $151,832 $35,010 $186,842 $2,167
2015 $151,832 $35,010 $186,842 $1,078
2014 $151,832 $35,010 $186,842 $990
2013 $151,832 $35,010 $186,842 $1,009
2012 $151,832 $35,010 $186,842 $967
2011 $151,832 $35,010 $186,842 $972
2010 $151,832 $35,010 $186,842 $972
2009 $151,832 $35,010 $186,842 $972
2007 $143,765 $41,866 $185,631 $1,076

Property facts

Year built
1975
Property type
single_family
Stories
2
Beds
6
Baths
4
Living area
2,751 sqft
Lot size
24,394 sqft
ZIP code
27215
City
Burlington
Street
Cherry Dr
Coordinates
36.10119, -79.47717

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
$3,714
Gross rental yield
11.17%
Implied cap rate
7.26%
Trend-extrapolated value

Frequently asked questions

When did 1406 Cherry Dr last sell?
1406 Cherry Dr most recently sold on Oct 24, 2022 for $399,000.
What is the current tax assessment for 1406 Cherry Dr?
The most recent total assessment for 1406 Cherry Dr (year 2025) is $373,102 with $3,629 in property tax.
How does 1406 Cherry Dr's assessment compare to its last sale price?
The current assessment is 6.5% below the last sale price of $399,000.
When was 1406 Cherry Dr built?
1406 Cherry Dr was built in 1975.
How does 1406 Cherry Dr compare to others on Cherry Dr?
We track 8 other properties on Cherry Dr. Browse the list under "Other properties on Cherry Dr" to compare beds, baths, and sale history.
What are the property facts for 1406 Cherry Dr?
1406 Cherry Dr is a 6 bed, 4 bath, 2,751 sqft, 24,394 sqft lot single_family.
Is 1406 Cherry Dr a flip candidate?
No — 1406 Cherry Dr does not appear in our flips dataset.
Is 1406 Cherry Dr a tax-appeal candidate?
No — 1406 Cherry Dr 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
+6.1%
Implied 1-yr
+24.6%
2026 Q3
$621.6K
2026 Q4
$648.9K
ZIP 27215 — Median Price History + Forecast

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