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18 Velva Dr

Castle Hayne, NC 28429

4 bd 2 ba 2,143 sqft Built 1956 Lot 37,897 sqft single_family
Most recent sale
$345,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $345,000 MLS #100341529
Jul 29, 2022 Listed $349,000 MLS #100341529

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $393,200 $68,800 $462,000 $618
2024 $393,200 $68,800 $462,000 $871
2023 $121,400 $31,200 $152,600 $865
2021 $120,200 $31,200 $151,400 $426
2020 $167,500 $25,200 $192,700 $609
2019 $167,500 $25,200 $192,700 $609
2018 $167,500 $25,200 $192,700 $609
2017 $167,500 $25,200 $192,700 $624
2016 $167,000 $25,200 $192,200 $666
2015 $167,000 $25,200 $192,200 $619
2014 $167,000 $25,200 $192,200 $608
2013 $167,000 $25,200 $192,200 $608
2012 $167,000 $25,200 $192,200 $608
2011 $81,210 $81,210 $618
2010 $202,905 $29,135 $232,040 $545
2008 $202,905 $29,135 $232,040 $520
2007 $202,905 $29,135 $232,040 $486

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,143 sqft
Lot size
37,897 sqft
ZIP code
28429
City
Castle Hayne
Street
Velva Dr
Coordinates
34.30211, -77.92948

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
$2,893
Gross rental yield
10.06%
Implied cap rate
6.54%
Trend-extrapolated value

Frequently asked questions

When did 18 Velva Dr last sell?
18 Velva Dr most recently sold on Sep 2, 2022 for $345,000.
What is the current tax assessment for 18 Velva Dr?
The most recent total assessment for 18 Velva Dr (year 2025) is $462,000 with $618 in property tax.
How does 18 Velva Dr's assessment compare to its last sale price?
The current assessment is 33.9% above the last sale price of $345,000.
When was 18 Velva Dr built?
18 Velva Dr was built in 1956.
How does 18 Velva Dr compare to others on Velva Dr?
We track 5 other properties on Velva Dr. Browse the list under "Other properties on Velva Dr" to compare beds, baths, and sale history.
What are the property facts for 18 Velva Dr?
18 Velva Dr is a 4 bed, 2 bath, 2,143 sqft, 37,897 sqft lot single_family.
Is 18 Velva Dr a flip candidate?
No — 18 Velva Dr does not appear in our flips dataset.
Is 18 Velva Dr a tax-appeal candidate?
Yes — 18 Velva 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
+3.1%
Implied 1-yr
+12.3%
2026 Q3
$519.2K
2026 Q4
$532.5K
ZIP 28429 — Median Price History + Forecast

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