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3745 Terrace Dr

Elm City, NC 27822

3 bd 2 ba 1,255 sqft Built 1973 Lot 27,878 sqft single_family
Most recent sale
$205,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $205,000 NCRMLS
Mar 6, 2024 Listed $204,900 NCRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,175 $35,000 $155,175 $1,104
2024 $120,175 $35,000 $155,175 $1,090
2023 $72,751 $20,000 $92,751 $820
2022 $72,751 $20,000 $92,751 $820
2021 $72,751 $20,000 $92,751 $759
2020 $72,751 $20,000 $92,751 $760
2019 $72,751 $20,000 $92,751 $756
2018 $72,751 $20,000 $92,751 $756
2017 $72,751 $20,000 $92,751 $756
2016 $72,751 $20,000 $92,751 $756
2015 $81,776 $20,000 $101,776 $826
2014 $81,776 $20,000 $101,776 $826
2013 $81,776 $20,000 $101,776 $826
2012 $81,776 $20,000 $101,776 $791
2011 $75,704 $20,000 $95,704 $779
2010 $75,704 $20,000 $95,704 $779

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,255 sqft
Lot size
27,878 sqft
ZIP code
27822
City
Elm City
Street
Terrace Dr
Coordinates
35.76911, -77.89727

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,694
Gross rental yield
9.92%
Implied cap rate
6.45%
Trend-extrapolated value

Frequently asked questions

When did 3745 Terrace Dr last sell?
3745 Terrace Dr most recently sold on Apr 12, 2024 for $205,000.
What is the current tax assessment for 3745 Terrace Dr?
The most recent total assessment for 3745 Terrace Dr (year 2025) is $155,175 with $1,104 in property tax.
How does 3745 Terrace Dr's assessment compare to its last sale price?
The current assessment is 24.3% below the last sale price of $205,000.
When was 3745 Terrace Dr built?
3745 Terrace Dr was built in 1973.
How does 3745 Terrace Dr compare to others on Terrace Dr?
We track 8 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 3745 Terrace Dr?
3745 Terrace Dr is a 3 bed, 2 bath, 1,255 sqft, 27,878 sqft lot single_family.
Is 3745 Terrace Dr a flip candidate?
No — 3745 Terrace Dr does not appear in our flips dataset.
Is 3745 Terrace Dr a tax-appeal candidate?
No — 3745 Terrace Dr 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
+6.0%
Implied 1-yr
+23.8%
2026 Q3
$315K
2026 Q4
$315K
ZIP 27822 — Median Price History + Forecast

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