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518 Spencer Farlow Dr

Carolina Beach, NC 28428

4 bd 4 ba 2,844 sqft Built 2005 townhomes
Most recent sale
$762,876
Mar 6, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 6, 2024 Sold $762,876 NCRMLS
Oct 31, 2023 Price changed $799,000 NCRMLS
Oct 19, 2023 Listed $829,000 NCRMLS
Oct 12, 2021 Sold $629,900 NCRMLS
Aug 11, 2021 Listed $629,900 NCRCapeFear
Aug 5, 2021 Listing removed NCRCapeFear
Jun 22, 2021 Listed $618,500 NCRCapeFear
Mar 9, 2018 Sold $530,000 NCRCapeFear
Mar 27, 2016 Listing removed $345,000 NCRBrunswick
Jul 1, 2010 Listed $349,900 NCRCapeFear
Jun 5, 2010 Listing removed $349,900 NCRTopSail
Jun 4, 2010 Listing removed $349,900 NCRBrunswick
May 27, 2010 Price changed $349,900 NCRTopSail
May 26, 2010 Price changed $349,900 NCRBrunswick
May 4, 2010 Price changed $374,900 NCRBrunswick
May 3, 2010 Price changed $374,900 NCRTopSail
Apr 8, 2010 Price changed $399,900 NCRBrunswick
Apr 7, 2010 Price changed $399,900 NCRTopSail
Mar 11, 2010 Price changed $427,900 NCRBrunswick
Mar 4, 2010 Price changed $427,900 NCRTopSail
Feb 13, 2010 Listing removed $530,000 NCRCapeFear
Jan 21, 2010 Listed $449,900 NCRTopSail
Oct 7, 2009 Listed $530,000 NCRCapeFear
Nov 9, 2006 Listed $575,000 NCRCapeFear
Nov 9, 2006 Sold $530,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $632,200 $175,000 $807,200 $2,952
2024 $632,200 $175,000 $807,200 $3,461
2023 $330,300 $175,000 $505,300 $3,360
2022 $330,300 $175,000 $505,300 $3,385
2021 $330,300 $175,000 $505,300 $3,486
2020 $208,500 $125,600 $334,100 $2,672
2019 $208,500 $125,600 $334,100 $2,672
2018 $208,500 $125,600 $334,100 $2,605
2017 $208,500 $125,600 $334,100 $2,656
2016 $239,400 $125,600 $365,000 $3,131
2015 $239,400 $125,600 $365,000 $2,952
2014 $239,400 $125,600 $365,000 $2,879
2013 $239,400 $125,600 $365,000 $2,879
2012 $239,400 $125,600 $365,000 $2,879
2011 $182,870 $182,870 $3,346
2010 $379,487 $143,000 $522,487 $3,346
2008 $379,487 $143,000 $522,487 $3,278
2007 $379,487 $143,000 $522,487 $3,108

Property facts

Year built
2005
Property type
townhomes
Stories
3
Beds
4
Baths
4
Living area
2,844 sqft
Lot size
ZIP code
28428
City
Carolina Beach
Street
Spencer Farlow Dr
Coordinates
34.05450, -77.89873

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
$3,839
Gross rental yield
6.04%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 518 Spencer Farlow Dr last sell?
518 Spencer Farlow Dr most recently sold on Mar 6, 2024 for $762,876.
What is the current tax assessment for 518 Spencer Farlow Dr?
The most recent total assessment for 518 Spencer Farlow Dr (year 2025) is $807,200 with $2,952 in property tax.
How does 518 Spencer Farlow Dr's assessment compare to its last sale price?
The current assessment is 5.8% above the last sale price of $762,876.
When was 518 Spencer Farlow Dr built?
518 Spencer Farlow Dr was built in 2005.
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 4 bed, 4 bath, 2,844 sqft 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?
No — 518 Spencer Farlow 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
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$699K
2026 Q4
$702.4K
ZIP 28428 — Median Price History + Forecast

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