7242 Shoe Rd
Burlington, NC 27215
3 bd 2 ba 2,158 sqft Built 2023 single_family
Most recent sale
$65,000
Nov 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 17, 2024 | Sold | $715,000 | Public Record |
| May 21, 2024 | Sold | $640,000 | DoorifyMLS |
| Apr 4, 2024 | Price changed | $640,000 | TriangleAreaNC |
| Dec 12, 2023 | Listing removed | — | TriangleAreaNC |
| Dec 2, 2023 | Listed | $650,000 | TriangleAreaNC |
| Nov 19, 2023 | Listed | $650,000 | TriangleAreaNC |
| Nov 3, 2022 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $243,200 | $45,000 | $288,200 | $2,426 |
| 2024 | $243,200 | $45,000 | $288,200 | $2,138 |
| 2023 | — | $45,000 | $45,000 | $435 |
| 2022 | — | $54,300 | $54,300 | $440 |
| 2021 | — | $36,200 | $36,200 | $293 |
| 2020 | — | $36,200 | $36,200 | $293 |
| 2019 | — | $36,200 | $36,200 | $293 |
| 2018 | — | $36,200 | $36,200 | $293 |
| 2017 | — | $36,200 | $36,200 | $293 |
| 2016 | — | $36,200 | $36,200 | $302 |
| 2015 | — | $36,200 | $36,200 | $302 |
| 2014 | — | $36,200 | $36,200 | $307 |
| 2013 | — | $36,200 | $36,200 | $307 |
| 2011 | — | $50,400 | $50,400 | $434 |
| 2010 | — | $50,400 | $50,400 | $411 |
| 2009 | — | $50,400 | $50,400 | $411 |
| 2008 | — | $50,400 | $50,400 | $411 |
| 2007 | — | $50,400 | $50,400 | $388 |
Property facts
Year built
2023
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,158 sqft
Lot size
—
ZIP code
27215
City
Burlington
Street
Shoe Rd
Coordinates
36.02126, -79.55385
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
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7242 Shoe Rd last sell?
7242 Shoe Rd most recently sold on Nov 3, 2022 for $65,000.
What is the current tax assessment for 7242 Shoe Rd?
The most recent total assessment for 7242 Shoe Rd (year 2025) is $288,200 with $2,426 in property tax.
How does 7242 Shoe Rd's assessment compare to its last sale price?
The current assessment is 343.4% above the last sale price of $65,000.
When was 7242 Shoe Rd built?
7242 Shoe Rd was built in 2023.
How does 7242 Shoe Rd compare to others on Shoe Rd?
We track 8 other properties on Shoe Rd. Browse the list under "Other properties on Shoe Rd" to compare beds, baths, and sale history.
What are the property facts for 7242 Shoe Rd?
7242 Shoe Rd is a 3 bed, 2 bath, 2,158 sqft single_family.
Is 7242 Shoe Rd a flip candidate?
Yes — 7242 Shoe Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7242 Shoe Rd a tax-appeal candidate?
No — 7242 Shoe Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.1%
Implied 1-yr
+24.6%
2026 Q3
$621.6K
2026 Q4
$648.9K
ZIP 27215 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shoe Rd