5587 American Way
Denver, NC 28037
3 bd 3 ba 2,568 sqft Built 2020 Lot 74,793 sqft single_family
Most recent sale
$375,000
Apr 20, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 5, 2024 | Sold | $540,000 | Public Record |
| Apr 19, 2024 | Price changed | $609,900 | CanopyMLS |
| Apr 7, 2024 | Listed | $619,900 | CanopyMLS |
| Apr 20, 2021 | Sold | $375,000 | CanopyMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $474,860 | $37,646 | $512,506 | $3,146 |
| 2023 | $450,406 | $37,646 | $488,052 | $3,062 |
| 2022 | $245,826 | $28,121 | $273,947 | $2,139 |
| 2021 | $122,914 | $28,121 | $151,035 | $1,231 |
| 2020 | — | $21,121 | $21,121 | $151 |
Property facts
Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,568 sqft
Lot size
74,793 sqft
ZIP code
28037
City
Denver
Street
American Way
Coordinates
35.51256, -81.08709
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,467
Gross rental yield
11.09%
Implied cap rate
7.21%
Trend-extrapolated value
—
Frequently asked questions
When did 5587 American Way last sell?
5587 American Way most recently sold on Apr 20, 2021 for $375,000.
What is the current tax assessment for 5587 American Way?
The most recent total assessment for 5587 American Way (year 2025) is $512,506 with $3,146 in property tax.
How does 5587 American Way's assessment compare to its last sale price?
The current assessment is 36.7% above the last sale price of $375,000.
When was 5587 American Way built?
5587 American Way was built in 2020.
How does 5587 American Way compare to others on American Way?
We track 4 other properties on American Way. Browse the list under "Other properties on American Way" to compare beds, baths, and sale history.
What are the property facts for 5587 American Way?
5587 American Way is a 3 bed, 3 bath, 2,568 sqft, 74,793 sqft lot single_family.
Is 5587 American Way a flip candidate?
No — 5587 American Way does not appear in our flips dataset.
Is 5587 American Way a tax-appeal candidate?
No — 5587 American Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$716.1K
2026 Q4
$728K
ZIP 28037 — Median Price History + Forecast
Explore nearby
Geography
Other properties on American Way