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10438 Trolley Run Dr

Cornelius, NC 28031

2 bd 3 ba 1,056 sqft Built 2006 Lot 1,176 sqft townhomes
Most recent sale
$265,900
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $265,900 MLS #3894442
Aug 12, 2022 Listed $259,900 MLS #3894442
Dec 10, 2020 Sold $188,500 MLS #3649687
Jul 30, 2020 Sold $172,000 Public Record
Nov 5, 2009 Sold $120,000 MLS #840035
Sep 19, 2009 Relisted $125,000 MLS #840035
Sep 26, 2006 Sold $122,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $188,800 $55,000 $243,800 $1,964
2024 $188,800 $55,000 $243,800 $1,935
2023 $188,800 $55,000 $243,800 $1,781
2022 $97,600 $55,000 $152,600 $1,473
2021 $97,600 $55,000 $152,600 $1,456
2019 $96,800 $55,000 $151,800 $1,418
2018 $85,600 $20,000 $105,600 $1,303
2017 $85,600 $20,000 $105,600 $1,279
2016 $85,600 $20,000 $105,600 $1,276
2015 $85,600 $20,000 $105,600 $1,272
2014 $85,600 $20,000 $105,600 $1,270
2013 $85,600 $20,000 $105,600 $1,229
2012 $85,700 $20,000 $105,700 $1,204
2011 $85,700 $20,000 $105,700 $1,231
2010 $70,200 $20,000 $90,200 $1,087
2009 $70,200 $20,000 $90,200 $1,087
2008 $70,200 $20,000 $90,200 $1,087

Property facts

Year built
2006
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,056 sqft
Lot size
1,176 sqft
ZIP code
28031
City
Cornelius
Street
Trolley Run Dr
Coordinates
35.45233, -80.84784

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,426
Gross rental yield
6.44%
Implied cap rate
4.18%
Trend-extrapolated value

Frequently asked questions

When did 10438 Trolley Run Dr last sell?
10438 Trolley Run Dr most recently sold on Sep 13, 2022 for $265,900.
What is the current tax assessment for 10438 Trolley Run Dr?
The most recent total assessment for 10438 Trolley Run Dr (year 2025) is $243,800 with $1,964 in property tax.
How does 10438 Trolley Run Dr's assessment compare to its last sale price?
The current assessment is 8.3% below the last sale price of $265,900.
When was 10438 Trolley Run Dr built?
10438 Trolley Run Dr was built in 2006.
How does 10438 Trolley Run Dr compare to others on Trolley Run Dr?
We track 8 other properties on Trolley Run Dr. Browse the list under "Other properties on Trolley Run Dr" to compare beds, baths, and sale history.
What are the property facts for 10438 Trolley Run Dr?
10438 Trolley Run Dr is a 2 bed, 3 bath, 1,056 sqft, 1,176 sqft lot townhomes.
Is 10438 Trolley Run Dr a flip candidate?
Yes — 10438 Trolley Run Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10438 Trolley Run Dr a tax-appeal candidate?
No — 10438 Trolley Run Dr 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
-1.1%
Implied 1-yr
-4.5%
2026 Q3
$940.7K
2026 Q4
$929.4K
ZIP 28031 — Median Price History + Forecast

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