1261 Rae Ct
Denver, NC 28037
4 bd 4 ba 3,936 sqft Built 2021 Lot 21,867 sqft single_family
Most recent sale
$569,500
Apr 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 7, 2022 | Sold | $569,500 | MLS #3796084 |
| Feb 28, 2022 | Sold | $1,067,000 | Public Record |
| Oct 14, 2021 | Listed | $569,000 | MLS #3796084 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $558,908 | $62,000 | $620,908 | $3,750 |
| 2023 | $558,908 | $62,000 | $620,908 | $3,849 |
| 2022 | $284,614 | $50,000 | $334,614 | $2,587 |
| 2021 | — | $40,000 | $40,000 | $298 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,936 sqft
Lot size
21,867 sqft
ZIP code
28037
City
Denver
Street
Rae Ct
Coordinates
35.46794, -81.00524
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,314
Gross rental yield
11.20%
Implied cap rate
7.28%
Trend-extrapolated value
—
Frequently asked questions
When did 1261 Rae Ct last sell?
1261 Rae Ct most recently sold on Apr 7, 2022 for $569,500.
What is the current tax assessment for 1261 Rae Ct?
The most recent total assessment for 1261 Rae Ct (year 2025) is $620,908 with $3,750 in property tax.
How does 1261 Rae Ct's assessment compare to its last sale price?
The current assessment is 9.0% above the last sale price of $569,500.
When was 1261 Rae Ct built?
1261 Rae Ct was built in 2021.
How does 1261 Rae Ct compare to others on Rae Ct?
We track 8 other properties on Rae Ct. Browse the list under "Other properties on Rae Ct" to compare beds, baths, and sale history.
What are the property facts for 1261 Rae Ct?
1261 Rae Ct is a 4 bed, 4 bath, 3,936 sqft, 21,867 sqft lot single_family.
Is 1261 Rae Ct a flip candidate?
No — 1261 Rae Ct does not appear in our flips dataset.
Is 1261 Rae Ct a tax-appeal candidate?
No — 1261 Rae Ct 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
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Geography
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