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109 Reeves Ln

Elkin, NC 28621

2 bd 1 ba 1,044 sqft Built 1920 Lot 43,560 sqft single_family
Most recent sale
$134,000
Nov 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 23, 2026 Listed $200,000 TriadMLS
Jan 23, 2026 Listed for rent $1,225 TriadMLS
Apr 21, 2025 Listed $190,000 TriadMLS
Jan 29, 2024 Relisted $184,900 TriadMLS
Jan 26, 2024 Listing removed TriadMLS
Dec 30, 2023 Price changed $184,900 TriadMLS
Dec 5, 2023 Listed for rent $1,200 TriadMLS
Nov 3, 2023 Listed $189,900 TriadMLS
Nov 25, 2022 Sold $134,000 TriadMLS
Oct 19, 2022 Listed $134,000 MLS #1087501
Jun 7, 2011 Listing removed $59,000 Elkinjonesville
Nov 5, 2010 Price changed $59,000 MLS #19378
Sep 3, 2010 Price changed $60,000 MLS #19378
Jun 12, 2010 Listed $62,500 MLS #19378
Apr 4, 2008 Sold $35,000 Public Record
Apr 1, 2004 Sold $27,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $108,500 $18,000 $126,500 $839
2023 $88,060 $16,800 $104,860 $738
2022 $39,670 $16,800 $56,470 $426
2021 $39,670 $16,800 $56,470 $433
2020 $36,890 $16,800 $53,690 $428
2019 $36,890 $16,800 $53,690 $425
2018 $36,890 $16,800 $53,690 $419
2017 $36,890 $16,800 $53,690 $422
2016 $36,890 $16,800 $53,690 $417
2015 $33,400 $16,800 $50,200 $392
2014 $33,400 $16,800 $50,200 $383
2013 $33,400 $16,800 $50,200 $383
2012 $33,400 $16,800 $50,200 $383
2011 $36,480 $16,800 $53,280 $405
2010 $36,480 $16,800 $53,280 $405
2009 $36,480 $16,800 $53,280 $628

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,044 sqft
Lot size
43,560 sqft
ZIP code
28621
City
Elkin
Street
Reeves Ln
Coordinates
36.24669, -80.87060

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
$1,409
Gross rental yield
12.62%
Implied cap rate
8.20%
Trend-extrapolated value

Frequently asked questions

When did 109 Reeves Ln last sell?
109 Reeves Ln most recently sold on Nov 25, 2022 for $134,000.
What is the current tax assessment for 109 Reeves Ln?
The most recent total assessment for 109 Reeves Ln (year 2025) is $126,500 with $839 in property tax.
How does 109 Reeves Ln's assessment compare to its last sale price?
The current assessment is 5.6% below the last sale price of $134,000.
When was 109 Reeves Ln built?
109 Reeves Ln was built in 1920.
How does 109 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 109 Reeves Ln?
109 Reeves Ln is a 2 bed, 1 bath, 1,044 sqft, 43,560 sqft lot single_family.
Is 109 Reeves Ln a flip candidate?
No — 109 Reeves Ln does not appear in our flips dataset.
Is 109 Reeves Ln a tax-appeal candidate?
No — 109 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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