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38 Cabarrus Way

Clayton, NC 27527

3 bd 2 ba 1,730 sqft Built 2022 Lot 4,792 sqft single_family
Most recent sale
$343,115
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Sold $343,115 MLS #2373250
Aug 23, 2022 Listed $321,990 MLS #2373250

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $334,660 $90,000 $424,660 $4,289
2023 $229,450 $125,000 $354,450 $4,572
2022 $125,000 $125,000 $1,662

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,730 sqft
Lot size
4,792 sqft
ZIP code
27527
City
Clayton
Street
Cabarrus Way
Coordinates
35.64283, -78.44398

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
$2,336
Gross rental yield
8.17%
Implied cap rate
5.31%
Trend-extrapolated value

Frequently asked questions

When did 38 Cabarrus Way last sell?
38 Cabarrus Way most recently sold on Sep 12, 2022 for $343,115.
What is the current tax assessment for 38 Cabarrus Way?
The most recent total assessment for 38 Cabarrus Way (year 2025) is $424,660 with $4,289 in property tax.
How does 38 Cabarrus Way's assessment compare to its last sale price?
The current assessment is 23.8% above the last sale price of $343,115.
When was 38 Cabarrus Way built?
38 Cabarrus Way was built in 2022.
How does 38 Cabarrus Way compare to others on Cabarrus Way?
We track 8 other properties on Cabarrus Way. Browse the list under "Other properties on Cabarrus Way" to compare beds, baths, and sale history.
What are the property facts for 38 Cabarrus Way?
38 Cabarrus Way is a 3 bed, 2 bath, 1,730 sqft, 4,792 sqft lot single_family.
Is 38 Cabarrus Way a flip candidate?
No — 38 Cabarrus Way does not appear in our flips dataset.
Is 38 Cabarrus Way a tax-appeal candidate?
Yes — 38 Cabarrus Way 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
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$565.8K
2026 Q4
$579.2K
ZIP 27527 — Median Price History + Forecast

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