518 Spencer Farlow Dr
Carolina Beach, NC 28428
3 bd 4 ba 2,680 sqft Built 2006 Lot 871 sqft townhomes
Most recent sale
$535,000
Feb 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 4, 2025 | Listing removed | $494,900 | HiveMLS |
| Feb 16, 2022 | Sold | $535,000 | MLS #100295700 |
| Dec 21, 2021 | Price changed | $549,900 | MLS #100295700 |
| Nov 24, 2021 | Price changed | $574,900 | MLS #100295700 |
| Oct 19, 2021 | Listed | $599,500 | MLS #100295700 |
| Jul 9, 2021 | Price changed | $494,900 | MLS #100264483 |
| Apr 2, 2021 | Listed | $499,900 | MLS #100264483 |
| May 1, 2013 | Sold | $297,000 | Public Record |
| Jan 3, 2013 | Listing removed | $307,000 | NCRCapeFear |
| Aug 16, 2012 | Listed | $307,000 | MLS #480508 |
| May 17, 2011 | Listing removed | $347,500 | NCRCapeFear |
| Feb 3, 2011 | Price changed | $347,500 | MLS #457722 |
| Dec 23, 2010 | Listed | $355,000 | MLS #457722 |
| Oct 2, 2010 | Listing removed | $379,900 | NCRCapeFear |
| Jul 29, 2010 | Price changed | $379,900 | MLS #446432 |
| Jul 1, 2010 | Price changed | $399,000 | MLS #446432 |
| Mar 24, 2010 | Listed | $427,000 | MLS #446432 |
| Apr 16, 2009 | Sold | $302,000 | Public Record |
| Jan 6, 2009 | Sold | $550,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $619,600 | $100,000 | $719,600 | $2,911 |
| 2024 | $619,600 | $100,000 | $719,600 | $2,875 |
| 2023 | $319,800 | $100,000 | $419,800 | $2,791 |
| 2022 | $319,800 | $100,000 | $419,800 | $2,812 |
| 2021 | $319,800 | $100,000 | $419,800 | $2,896 |
| 2020 | $200,400 | $125,600 | $326,000 | $2,608 |
| 2019 | $200,400 | $125,600 | $326,000 | $2,608 |
| 2018 | $200,400 | $125,600 | $326,000 | $2,543 |
| 2017 | $200,400 | $125,600 | $326,000 | $2,592 |
| 2016 | $234,300 | $125,600 | $359,900 | $3,088 |
| 2015 | $234,300 | $125,600 | $359,900 | $2,912 |
| 2014 | $234,300 | $125,600 | $359,900 | $2,840 |
| 2013 | $234,300 | $125,600 | $359,900 | $2,840 |
| 2012 | $234,300 | $125,600 | $359,900 | $2,840 |
| 2011 | $161,730 | — | $161,730 | $2,960 |
| 2010 | $368,578 | $93,500 | $462,078 | $2,960 |
| 2008 | $365,410 | $93,500 | $458,910 | $2,880 |
| 2007 | $365,410 | $93,500 | $458,910 | $2,730 |
Property facts
Year built
2006
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
2,680 sqft
Lot size
871 sqft
ZIP code
28428
City
Carolina Beach
Street
Spencer Farlow Dr
Coordinates
34.05437, -77.89817
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
$3,618
Gross rental yield
8.12%
Implied cap rate
5.27%
Trend-extrapolated value
—
Frequently asked questions
When did 518 Spencer Farlow Dr last sell?
518 Spencer Farlow Dr most recently sold on Feb 16, 2022 for $535,000.
What is the current tax assessment for 518 Spencer Farlow Dr?
The most recent total assessment for 518 Spencer Farlow Dr (year 2025) is $719,600 with $2,911 in property tax.
How does 518 Spencer Farlow Dr's assessment compare to its last sale price?
The current assessment is 34.5% above the last sale price of $535,000.
When was 518 Spencer Farlow Dr built?
518 Spencer Farlow Dr was built in 2006.
How does 518 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 518 Spencer Farlow Dr?
518 Spencer Farlow Dr is a 3 bed, 4 bath, 2,680 sqft, 871 sqft lot townhomes.
Is 518 Spencer Farlow Dr a flip candidate?
No — 518 Spencer Farlow Dr does not appear in our flips dataset.
Is 518 Spencer Farlow Dr a tax-appeal candidate?
Yes — 518 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 valuationQuarterly 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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