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108 Reeves Ln

Elkin, NC 28621

2 bd 1 ba 840 sqft Built 1950 single_family
Most recent sale
$110,000
Feb 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 15, 2022 Sold $110,000 MLS #1053356
Jan 5, 2022 Listed $125,000 MLS #1053356
Jan 1, 1998 Sold $43,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $101,180 $15,000 $116,180 $776
2023 $76,960 $14,000 $90,960 $647
2022 $76,960 $14,000 $90,960 $415
2021 $40,770 $14,000 $54,770 $421
2020 $37,360 $14,000 $51,360 $411
2019 $37,360 $14,000 $51,360 $408
2018 $37,360 $14,000 $51,360 $402
2017 $37,360 $14,000 $51,360 $405
2016 $37,360 $14,000 $51,360 $400
2015 $37,360 $14,000 $51,360 $400
2014 $37,360 $14,000 $51,360 $391
2013 $37,360 $14,000 $51,360 $391
2012 $37,360 $14,000 $51,360 $391
2011 $40,390 $14,000 $54,390 $412
2010 $40,390 $14,000 $54,390 $412
2009 $40,390 $14,000 $54,390 $641

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
840 sqft
Lot size
ZIP code
28621
City
Elkin
Street
Reeves Ln
Coordinates
36.24711, -80.87005

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
$1,134
Gross rental yield
12.37%
Implied cap rate
8.04%
Trend-extrapolated value

Frequently asked questions

When did 108 Reeves Ln last sell?
108 Reeves Ln most recently sold on Feb 15, 2022 for $110,000.
What is the current tax assessment for 108 Reeves Ln?
The most recent total assessment for 108 Reeves Ln (year 2025) is $116,180 with $776 in property tax.
How does 108 Reeves Ln's assessment compare to its last sale price?
The current assessment is 5.6% above the last sale price of $110,000.
When was 108 Reeves Ln built?
108 Reeves Ln was built in 1950.
How does 108 Reeves Ln compare to others on Reeves Ln?
We track 8 other properties on Reeves Ln. Browse the list under "Other properties on Reeves Ln" to compare beds, baths, and sale history.
What are the property facts for 108 Reeves Ln?
108 Reeves Ln is a 2 bed, 1 bath, 840 sqft single_family.
Is 108 Reeves Ln a flip candidate?
No — 108 Reeves Ln does not appear in our flips dataset.
Is 108 Reeves Ln a tax-appeal candidate?
No — 108 Reeves Ln 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
+3.1%
Implied 1-yr
+12.4%
2026 Q3
$316.2K
2026 Q4
$324.4K
ZIP 28621 — Median Price History + Forecast

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