518 Spencer Farlow Dr
Carolina Beach, NC 28428
4 bd 4 ba 2,948 sqft Built 2006 Lot 871 sqft townhomes
Most recent sale
$675,000
Aug 6, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 10, 2024 | Listed | $855,000 | NCRMLS |
| Aug 6, 2021 | Sold | $675,000 | NCRMLS |
| Jul 1, 2020 | Sold | $555,000 | NCRCapeFear |
| May 15, 2020 | Listed | $568,900 | NCRCapeFear |
| May 16, 2017 | Sold | $405,000 | NCRCapeFear |
| Oct 17, 2014 | Sold | $405,000 | Public Record |
| Oct 17, 2014 | Listed | $425,000 | NCRCapeFear |
| Oct 8, 2014 | Listing removed | $425,000 | NCRCapeFear |
| Jul 25, 2014 | Listed | $425,000 | NCRCapeFear |
| Nov 18, 2005 | Sold | $450,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $698,900 | $175,000 | $873,900 | $3,265 |
| 2024 | $698,900 | $175,000 | $873,900 | $3,822 |
| 2023 | $383,100 | $175,000 | $558,100 | $3,711 |
| 2022 | $383,100 | $175,000 | $558,100 | $3,739 |
| 2020 | $243,500 | $125,600 | $369,100 | $2,952 |
| 2019 | $243,500 | $125,600 | $369,100 | $2,952 |
| 2018 | $243,500 | $125,600 | $369,100 | $2,878 |
| 2017 | $243,500 | $125,600 | $369,100 | $2,934 |
| 2016 | $278,100 | $125,600 | $403,700 | $3,463 |
| 2015 | $278,100 | $125,600 | $403,700 | $3,265 |
| 2014 | $278,100 | $125,600 | $403,700 | $3,185 |
| 2013 | $278,100 | $125,600 | $403,700 | $3,185 |
| 2012 | $278,100 | $125,600 | $403,700 | $3,185 |
| 2011 | $194,200 | — | $194,200 | $3,553 |
| 2010 | $411,844 | $143,000 | $554,844 | $3,553 |
| 2008 | $411,844 | $143,000 | $554,844 | $3,481 |
| 2007 | $411,844 | $143,000 | $554,844 | $3,301 |
Property facts
Year built
2006
Property type
townhomes
Stories
3
Beds
4
Baths
4
Living area
2,948 sqft
Lot size
871 sqft
ZIP code
28428
City
Carolina Beach
Street
Spencer Farlow Dr
Coordinates
34.05465, -77.89826
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
$3,980
Gross rental yield
7.08%
Implied cap rate
4.60%
Trend-extrapolated value
—
Frequently asked questions
When did 518 Spencer Farlow Dr last sell?
518 Spencer Farlow Dr most recently sold on Aug 6, 2021 for $675,000.
What is the current tax assessment for 518 Spencer Farlow Dr?
The most recent total assessment for 518 Spencer Farlow Dr (year 2025) is $873,900 with $3,265 in property tax.
How does 518 Spencer Farlow Dr's assessment compare to its last sale price?
The current assessment is 29.5% above the last sale price of $675,000.
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 4 bed, 4 bath, 2,948 sqft, 871 sqft lot townhomes.
Is 518 Spencer Farlow Dr a flip candidate?
Yes — 518 Spencer Farlow Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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
Explore nearby
Other properties on Spencer Farlow Dr