617 Highway 42
Colerain, NC 27924
3 bd 3 ba 2,600 sqft Built 1785 Lot 185,130 sqft single_family
Most recent sale
$400,000
Mar 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 24, 2022 | Sold | $400,000 | MLS #106656 |
| Jan 24, 2022 | Listed | $349,000 | MLS #106656 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $158,839 | $13,788 | $172,627 | $1,670 |
| 2024 | $158,839 | $13,788 | $172,627 | $1,670 |
| 2023 | $158,839 | $13,788 | $172,627 | $1,558 |
| 2022 | $158,839 | $13,788 | $172,627 | $1,493 |
| 2021 | $106,843 | $13,788 | $120,631 | $1,043 |
| 2020 | $106,843 | $13,788 | $120,631 | $1,043 |
| 2019 | $89,251 | $13,200 | $102,451 | $886 |
| 2018 | $89,251 | $13,200 | $102,451 | $850 |
| 2017 | $89,251 | $13,200 | $102,451 | $850 |
| 2016 | $89,251 | $13,200 | $102,451 | $850 |
| 2015 | $89,251 | $13,200 | $102,451 | $861 |
| 2014 | $89,251 | $13,200 | $102,451 | $861 |
| 2008 | $9,915 | $13,200 | $23,115 | $180 |
Property facts
Year built
1785
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,600 sqft
Lot size
185,130 sqft
ZIP code
27924
City
Colerain
Street
Highway 42
Coordinates
36.20793, -76.88206
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,510
Gross rental yield
10.53%
Implied cap rate
6.84%
Trend-extrapolated value
—
Frequently asked questions
When did 617 Highway 42 last sell?
617 Highway 42 most recently sold on Mar 24, 2022 for $400,000.
What is the current tax assessment for 617 Highway 42?
The most recent total assessment for 617 Highway 42 (year 2025) is $172,627 with $1,670 in property tax.
How does 617 Highway 42's assessment compare to its last sale price?
The current assessment is 56.8% below the last sale price of $400,000.
When was 617 Highway 42 built?
617 Highway 42 was built in 1785.
How does 617 Highway 42 compare to others on Highway 42?
We track 1 other property on Highway 42. Browse the list under "Other properties on Highway 42" to compare beds, baths, and sale history.
What are the property facts for 617 Highway 42?
617 Highway 42 is a 3 bed, 3 bath, 2,600 sqft, 185,130 sqft lot single_family.
Is 617 Highway 42 a flip candidate?
No — 617 Highway 42 does not appear in our flips dataset.
Is 617 Highway 42 a tax-appeal candidate?
No — 617 Highway 42 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.4%
Implied 1-yr
-21.5%
2026 Q1
$78.9K
2026 Q2
$72.3K
ZIP 27924 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Highway 42