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374 Rachels Way

Clayton, NC 27520

3 bd 3 ba 2,219 sqft Built 2007 Lot 31,799 sqft single_family
Most recent sale
$404,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $404,000 MLS #2440113
Apr 2, 2022 Listed $395,000 MLS #2440113
Feb 27, 2017 Sold $218,000 DoorifyMLS
Jan 9, 2017 Price changed $219,900 MLS #2098469
Nov 22, 2016 Price changed $224,900 MLS #2098469
Nov 11, 2016 Listed $229,900 MLS #2098469
May 1, 2007 Sold $173,000 Public Record
Apr 27, 2007 Sold $172,900 DoorifyMLS
Oct 16, 2006 Sold $270,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $298,120 $75,000 $373,120 $2,369
2023 $186,270 $44,000 $230,270 $1,773
2022 $176,760 $44,000 $220,760 $1,744
2021 $176,760 $44,000 $220,760 $1,744
2020 $176,760 $44,000 $220,760 $1,810
2019 $176,760 $44,000 $220,760 $1,810
2018 $151,270 $33,000 $184,270 $1,548
2017 $151,270 $33,000 $184,270 $1,552
2016 $151,270 $33,000 $184,270 $1,548
2015 $151,270 $33,000 $184,270 $1,548
2014 $151,270 $33,000 $184,270 $1,548
2013 $184,270 $1,548
2012 $184,270 $1,547
2011 $151,270 $33,000 $184,270 $1,548
2010 $151,540 $26,860 $178,400 $1,499
2009 $151,540 $26,860 $178,400 $1,498
2008 $151,540 $26,860 $178,400 $1,499

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,219 sqft
Lot size
31,799 sqft
ZIP code
27520
City
Clayton
Street
Rachels Way
Coordinates
35.57698, -78.41835

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
$2,996
Gross rental yield
8.90%
Implied cap rate
5.78%
Trend-extrapolated value

Frequently asked questions

When did 374 Rachels Way last sell?
374 Rachels Way most recently sold on May 16, 2022 for $404,000.
What is the current tax assessment for 374 Rachels Way?
The most recent total assessment for 374 Rachels Way (year 2025) is $373,120 with $2,369 in property tax.
How does 374 Rachels Way's assessment compare to its last sale price?
The current assessment is 7.6% below the last sale price of $404,000.
When was 374 Rachels Way built?
374 Rachels Way was built in 2007.
How does 374 Rachels Way compare to others on Rachels Way?
We track 6 other properties on Rachels Way. Browse the list under "Other properties on Rachels Way" to compare beds, baths, and sale history.
What are the property facts for 374 Rachels Way?
374 Rachels Way is a 3 bed, 3 bath, 2,219 sqft, 31,799 sqft lot single_family.
Is 374 Rachels Way a flip candidate?
No — 374 Rachels Way does not appear in our flips dataset.
Is 374 Rachels Way a tax-appeal candidate?
No — 374 Rachels Way 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
+6.2%
Implied 1-yr
+24.9%
2026 Q3
$699.9K
2026 Q4
$730.9K
ZIP 27520 — Median Price History + Forecast

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