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5842 Timber Falls Pl

Concord, NC 28027

3 bd 3 ba 1,526 sqft Built 1994 Lot 8,276 sqft single_family
Most recent sale
$334,500
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Price changed for rent $1,795 Rently
Oct 13, 2022 Price changed for rent $1,825 Rently
Oct 7, 2022 Price changed for rent $1,895 Rently
Sep 30, 2022 Price changed for rent $1,925 Rently
Sep 23, 2022 Price changed for rent $1,975 Rently
Sep 22, 2022 Price changed for rent $1 Rently
Sep 20, 2022 Listed for rent $2,095 Rently
Sep 8, 2022 Listed for rent $2,095 Rently
Aug 25, 2022 Price changed for rent $2,095 Rently
Aug 3, 2022 Listed for rent $2,145 Rently
Jul 29, 2022 Sold $334,500 MLS #3875062
Jun 23, 2022 Listed $330,000 MLS #3875062
Nov 1, 1998 Sold $123,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $245,190 $90,000 $335,190 $3,338
2023 $125,400 $50,000 $175,400 $2,139
2022 $125,400 $50,000 $175,400 $2,139
2021 $125,400 $50,000 $175,400 $2,140
2020 $125,400 $50,000 $175,400 $2,140
2019 $106,190 $30,000 $136,190 $1,662
2018 $106,190 $30,000 $136,190 $1,634
2017 $106,190 $30,000 $136,190 $1,607
2016 $106,190 $30,000 $136,190 $953
2015 $98,200 $25,000 $123,200 $862
2014 $98,200 $25,000 $123,200 $862
2013 $98,200 $25,000 $123,200 $862
2012 $98,200 $25,000 $123,200 $862
2010 $108,700 $36,900 $145,600 $917
2009 $108,700 $36,900 $145,600 $917
2008 $108,700 $36,900 $145,600 $917
2007 $92,100 $35,000 $127,100 $800

Property facts

Year built
1994
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,526 sqft
Lot size
8,276 sqft
ZIP code
28027
City
Concord
Street
Timber Falls Pl
Coordinates
35.37395, -80.67553

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
$2,060
Gross rental yield
7.39%
Implied cap rate
4.80%
Trend-extrapolated value

Frequently asked questions

When did 5842 Timber Falls Pl last sell?
5842 Timber Falls Pl most recently sold on Jul 29, 2022 for $334,500.
What is the current tax assessment for 5842 Timber Falls Pl?
The most recent total assessment for 5842 Timber Falls Pl (year 2025) is $335,190 with $3,338 in property tax.
How does 5842 Timber Falls Pl's assessment compare to its last sale price?
The current assessment is 0.2% above the last sale price of $334,500.
When was 5842 Timber Falls Pl built?
5842 Timber Falls Pl was built in 1994.
How does 5842 Timber Falls Pl compare to others on Timber Falls Pl?
We track 7 other properties on Timber Falls Pl. Browse the list under "Other properties on Timber Falls Pl" to compare beds, baths, and sale history.
What are the property facts for 5842 Timber Falls Pl?
5842 Timber Falls Pl is a 3 bed, 3 bath, 1,526 sqft, 8,276 sqft lot single_family.
Is 5842 Timber Falls Pl a flip candidate?
No — 5842 Timber Falls Pl does not appear in our flips dataset.
Is 5842 Timber Falls Pl a tax-appeal candidate?
No — 5842 Timber Falls Pl 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
-18.6%
Implied 1-yr
-74.4%
2026 Q3
$352.4K
2026 Q4
$352.4K
ZIP 28027 — Median Price History + Forecast

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