227 2nd Ave
Chadbourn, NC 28431
9 bd 7 ba 3,650 sqft Built 1979 Lot 29,621 sqft multi_family
Most recent sale
$165,000
Mar 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 4, 2024 | Listed | $185,000 | DoorifyMLS |
| Jul 26, 2024 | Price changed | $185,000 | HiveMLS |
| Mar 15, 2024 | Listed | $195,000 | NCRMLS |
| Mar 3, 2024 | Listed | $195,000 | TriangleAreaNC |
| Mar 22, 2022 | Sold | $165,000 | MLS #100313868 |
| Feb 25, 2022 | Listed | $169,000 | MLS #100313868 |
| May 28, 2020 | Sold | $90,000 | Public Record |
| Mar 27, 2014 | Sold | $45,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $4,900 | $14,100 | $19,000 | $382 |
| 2023 | $4,900 | $14,100 | $19,000 | $269 |
| 2022 | $4,900 | $14,100 | $19,000 | $269 |
| 2021 | $4,900 | $14,100 | $19,000 | $157 |
| 2020 | $4,900 | $13,500 | $18,400 | $152 |
| 2019 | $4,900 | $13,500 | $18,400 | $152 |
| 2018 | $4,900 | $13,500 | $18,400 | $152 |
| 2017 | $4,900 | $13,500 | $18,400 | $152 |
| 2016 | $4,900 | $13,500 | $18,400 | $152 |
| 2015 | $4,900 | $13,500 | $18,400 | $152 |
| 2014 | — | — | $18,400 | $151 |
| 2013 | — | — | $18,300 | $151 |
| 2012 | — | — | $18,300 | $153 |
| 2010 | — | — | $14,500 | $153 |
| 2009 | — | — | $14,500 | $153 |
Property facts
Year built
1979
Property type
multi_family
Stories
1
Beds
9
Baths
7
Living area
3,650 sqft
Lot size
29,621 sqft
ZIP code
28431
City
Chadbourn
Street
2nd Ave
Coordinates
34.32433, -78.83048
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 227 2nd Ave last sell?
227 2nd Ave most recently sold on Mar 22, 2022 for $165,000.
What is the current tax assessment for 227 2nd Ave?
The most recent total assessment for 227 2nd Ave (year 2025) is $19,000 with $382 in property tax.
How does 227 2nd Ave's assessment compare to its last sale price?
The current assessment is 88.5% below the last sale price of $165,000.
When was 227 2nd Ave built?
227 2nd Ave was built in 1979.
How does 227 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 227 2nd Ave?
227 2nd Ave is a 9 bed, 7 bath, 3,650 sqft, 29,621 sqft lot multi_family.
Is 227 2nd Ave a flip candidate?
Yes — 227 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 227 2nd Ave a tax-appeal candidate?
No — 227 2nd Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.8%
Implied 1-yr
+11.3%
2026 Q1
$158.3K
2026 Q2
$162K
ZIP 28431 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave