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401 Spencer Farlow Dr

Carolina Beach, NC 28428

3 bd 2 ba 1,434 sqft Built 1968 Lot 18,731 sqft single_family
Most recent sale
$480,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2022 Sold $480,000 MLS #100276310
Jun 14, 2021 Listed $499,900 MLS #100276310

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $151,300 $538,400 $689,700 $1,890
2024 $151,300 $538,400 $689,700 $2,589
2023 $113,700 $264,400 $378,100 $2,514
2022 $113,700 $264,400 $378,100 $2,533
2021 $113,700 $264,400 $378,100 $2,608
2020 $85,800 $193,100 $278,900 $2,231
2019 $85,800 $193,100 $278,900 $2,231
2018 $75,000 $193,100 $268,100 $2,091
2017 $75,000 $193,100 $268,100 $2,131
2016 $97,100 $136,600 $233,700 $2,005
2015 $97,100 $136,600 $233,700 $1,891
2014 $97,100 $136,600 $233,700 $1,844
2013 $97,100 $136,600 $233,700 $1,844
2012 $97,100 $136,600 $233,700 $1,844
2011 $110,270 $110,270 $2,018
2010 $129,768 $185,300 $315,068 $2,018
2008 $129,768 $185,300 $315,068 $1,977
2007 $129,768 $185,300 $315,068 $1,874

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,434 sqft
Lot size
18,731 sqft
ZIP code
28428
City
Carolina Beach
Street
Spencer Farlow Dr
Coordinates
34.05477, -77.89560

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
$1,936
Gross rental yield
4.84%
Implied cap rate
3.15%
Trend-extrapolated value

Frequently asked questions

When did 401 Spencer Farlow Dr last sell?
401 Spencer Farlow Dr most recently sold on Apr 25, 2022 for $480,000.
What is the current tax assessment for 401 Spencer Farlow Dr?
The most recent total assessment for 401 Spencer Farlow Dr (year 2025) is $689,700 with $1,890 in property tax.
How does 401 Spencer Farlow Dr's assessment compare to its last sale price?
The current assessment is 43.7% above the last sale price of $480,000.
When was 401 Spencer Farlow Dr built?
401 Spencer Farlow Dr was built in 1968.
How does 401 Spencer Farlow Dr compare to others on Spencer Farlow Dr?
We track 8 other properties on Spencer Farlow Dr. Browse the list under "Other properties on Spencer Farlow Dr" to compare beds, baths, and sale history.
What are the property facts for 401 Spencer Farlow Dr?
401 Spencer Farlow Dr is a 3 bed, 2 bath, 1,434 sqft, 18,731 sqft lot single_family.
Is 401 Spencer Farlow Dr a flip candidate?
No — 401 Spencer Farlow Dr does not appear in our flips dataset.
Is 401 Spencer Farlow Dr a tax-appeal candidate?
Yes — 401 Spencer Farlow Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$699K
2026 Q4
$702.4K
ZIP 28428 — Median Price History + Forecast

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