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5615 Phelps Farm Rd

Clemmons, NC 27012

3 bd 2 ba 1,307 sqft Built 1960 Lot 73,181 sqft single_family
Most recent sale
$178,000
Mar 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 8, 2022 Sold $178,000 MLS #1057296
Jan 30, 2022 Listed $171,900 MLS #1057296
Dec 2, 2019 Sold $76,000 MLS #943245
Feb 7, 2006 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $33,300 $49,100 $82,400 $668
2019 $32,500 $49,100 $81,600 $669
2018 $32,500 $49,100 $81,600 $642
2017 $32,500 $49,100 $81,600 $639
2016 $31,985 $47,298 $79,300 $627
2015 $31,985 $47,298 $79,300 $627
2014 $31,985 $47,298 $79,300 $608
2013 $31,985 $47,298 $79,300 $608
2012 $37,625 $41,957 $79,582 $576
2011 $37,625 $41,957 $79,582 $576
2010 $37,625 $41,957 $79,582 $576
2009 $37,625 $41,957 $79,582 $576
2007 $36,434 $45,698 $82,132 $612

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,307 sqft
Lot size
73,181 sqft
ZIP code
27012
City
Clemmons
Street
Phelps Farm Rd
Coordinates
35.99224, -80.34653

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
$1,764
Gross rental yield
11.89%
Implied cap rate
7.73%
Trend-extrapolated value

Frequently asked questions

When did 5615 Phelps Farm Rd last sell?
5615 Phelps Farm Rd most recently sold on Mar 8, 2022 for $178,000.
What is the current tax assessment for 5615 Phelps Farm Rd?
The most recent total assessment for 5615 Phelps Farm Rd (year 2020) is $82,400 with $668 in property tax.
How does 5615 Phelps Farm Rd's assessment compare to its last sale price?
The current assessment is 53.7% below the last sale price of $178,000.
When was 5615 Phelps Farm Rd built?
5615 Phelps Farm Rd was built in 1960.
How does 5615 Phelps Farm Rd compare to others on Phelps Farm Rd?
We track 8 other properties on Phelps Farm Rd. Browse the list under "Other properties on Phelps Farm Rd" to compare beds, baths, and sale history.
What are the property facts for 5615 Phelps Farm Rd?
5615 Phelps Farm Rd is a 3 bed, 2 bath, 1,307 sqft, 73,181 sqft lot single_family.
Is 5615 Phelps Farm Rd a flip candidate?
No — 5615 Phelps Farm Rd does not appear in our flips dataset.
Is 5615 Phelps Farm Rd a tax-appeal candidate?
No — 5615 Phelps Farm Rd 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
+2.6%
Implied 1-yr
+10.2%
2026 Q3
$488.1K
2026 Q4
$498.8K
ZIP 27012 — Median Price History + Forecast

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