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131 1st Ave

Conover, NC 28613

5 bd 3 ba 3,037 sqft Built 1907 Lot 20,473 sqft multi_family
Most recent sale
$270,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $270,000 MLS #3833946
Feb 28, 2022 Listed $219,900 MLS #3833946

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $257,300 $2,041
2023 $257,300 $2,041
2022 $119,700 $1,286
2021 $119,700 $1,287
2020 $103,100 $16,600 $119,700 $1,287
2019 $119,700 $1,287
2018 $109,100 $16,300 $125,400 $1,348
2017 $109,100 $16,300 $125,400 $1,310
2016 $109,100 $16,300 $125,400 $1,310
2015 $109,100 $16,300 $125,400 $1,310
2014 $104,700 $19,300 $124,000 $1,190
2013 $104,700 $19,300 $124,000 $1,153
2012 $104,700 $19,300 $124,000 $1,153
2011 $124,000 $1,153
2010 $97,000 $18,000 $115,000 $1,075
2009 $97,000 $18,000 $115,000 $1,075
2008 $97,000 $18,000 $115,000 $1,075
2007 $97,000 $18,000 $115,000 $1,075

Property facts

Year built
1907
Property type
multi_family
Stories
3
Beds
5
Baths
3
Living area
3,037 sqft
Lot size
20,473 sqft
ZIP code
28613
City
Conover
Street
1st Ave
Coordinates
35.70917, -81.21925

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
$1,620
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 131 1st Ave last sell?
131 1st Ave most recently sold on May 25, 2022 for $270,000.
What is the current tax assessment for 131 1st Ave?
The most recent total assessment for 131 1st Ave (year 2024) is $257,300 with $2,041 in property tax.
How does 131 1st Ave's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $270,000.
When was 131 1st Ave built?
131 1st Ave was built in 1907.
How does 131 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 131 1st Ave?
131 1st Ave is a 5 bed, 3 bath, 3,037 sqft, 20,473 sqft lot multi_family.
Is 131 1st Ave a flip candidate?
No — 131 1st Ave does not appear in our flips dataset.
Is 131 1st Ave a tax-appeal candidate?
No — 131 1st Ave 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
-2.3%
Implied 1-yr
-9.1%
2026 Q3
$272.5K
2026 Q4
$265.2K
ZIP 28613 — Median Price History + Forecast

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