8700 Commercial Rd
Elm City, NC 27822
3 bd 3 ba 2,423 sqft Built 2019 Lot 124,582 sqft single_family
Most recent sale
$400,000
Mar 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 22, 2026 | Sold | $420,000 | HiveMLS |
| Mar 12, 2026 | Price changed | $435,000 | HiveMLS |
| Mar 3, 2026 | Price changed | $439,000 | HiveMLS |
| Feb 21, 2026 | Price changed | $442,500 | HiveMLS |
| Feb 10, 2026 | Price changed | $443,000 | HiveMLS |
| Jan 20, 2026 | Price changed | $443,500 | HiveMLS |
| Jan 7, 2026 | Price changed | $444,000 | HiveMLS |
| Nov 28, 2025 | Price changed | $449,000 | HiveMLS |
| Nov 22, 2025 | Price changed | $457,500 | HiveMLS |
| Nov 13, 2025 | Price changed | $459,500 | HiveMLS |
| Nov 4, 2025 | Price changed | $464,650 | HiveMLS |
| Oct 18, 2025 | Price changed | $464,800 | HiveMLS |
| Oct 3, 2025 | Price changed | $474,800 | HiveMLS |
| Sep 18, 2025 | Listed | $479,500 | HiveMLS |
| Mar 28, 2022 | Sold | $400,000 | MLS #100313495 |
| Feb 23, 2022 | Listed | $399,500 | MLS #100313495 |
| Oct 8, 2019 | Sold | $265,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $406,740 | $42,630 | $449,370 | $3,367 |
| 2022 | $227,720 | $50,300 | $278,020 | $2,226 |
| 2021 | $191,600 | $34,210 | $225,810 | $1,838 |
| 2020 | $191,600 | $34,210 | $225,810 | $1,831 |
| 2019 | — | $20,000 | $20,000 | $151 |
| 2018 | — | $20,000 | $20,000 | $151 |
| 2017 | — | $31,720 | $31,720 | $151 |
| 2016 | — | $26,880 | $26,880 | $202 |
| 2015 | — | $26,880 | $26,880 | $202 |
| 2014 | — | $26,880 | $26,880 | $202 |
| 2013 | — | $26,880 | $26,880 | $202 |
| 2012 | — | $26,880 | $26,880 | $202 |
| 2011 | — | $26,880 | $26,880 | $202 |
| 2010 | — | $21,500 | $21,500 | $202 |
Property facts
Year built
2019
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,423 sqft
Lot size
124,582 sqft
ZIP code
27822
City
Elm City
Street
Commercial Rd
Coordinates
35.84406, -77.92751
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,271
Gross rental yield
9.81%
Implied cap rate
6.38%
Trend-extrapolated value
—
Frequently asked questions
When did 8700 Commercial Rd last sell?
8700 Commercial Rd most recently sold on Mar 28, 2022 for $400,000.
What is the current tax assessment for 8700 Commercial Rd?
The most recent total assessment for 8700 Commercial Rd (year 2025) is $449,370 with $3,367 in property tax.
How does 8700 Commercial Rd's assessment compare to its last sale price?
The current assessment is 12.3% above the last sale price of $400,000.
When was 8700 Commercial Rd built?
8700 Commercial Rd was built in 2019.
How does 8700 Commercial Rd compare to others on Commercial Rd?
We track 7 other properties on Commercial Rd. Browse the list under "Other properties on Commercial Rd" to compare beds, baths, and sale history.
What are the property facts for 8700 Commercial Rd?
8700 Commercial Rd is a 3 bed, 3 bath, 2,423 sqft, 124,582 sqft lot single_family.
Is 8700 Commercial Rd a flip candidate?
No — 8700 Commercial Rd does not appear in our flips dataset.
Is 8700 Commercial Rd a tax-appeal candidate?
No — 8700 Commercial Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.0%
Implied 1-yr
+23.8%
2026 Q3
$315K
2026 Q4
$315K
ZIP 27822 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commercial Rd