7101 Thorne Farm Rd
Elm City, NC 27822
3 bd 2 ba 1,881 sqft Built 1978 Lot 62,291 sqft single_family
Most recent sale
$128,000
Nov 27, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 5, 2024 | Sold | $280,000 | HiveMLS |
| Apr 22, 2024 | Price changed | $284,900 | NCRMLS |
| Apr 2, 2024 | Price changed | $293,500 | NCRMLS |
| Mar 12, 2024 | Listed | $298,500 | NCRMLS |
| Nov 27, 2023 | Sold | $128,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $213,053 | $28,440 | $241,493 | $1,862 |
| 2024 | $213,053 | $28,440 | $241,493 | $1,003 |
| 2023 | $105,245 | $17,150 | $122,395 | $1,137 |
| 2022 | $105,245 | $17,150 | $122,395 | $1,137 |
| 2021 | $105,245 | $17,150 | $122,395 | $1,090 |
| 2020 | $105,245 | $17,150 | $122,395 | $1,090 |
| 2019 | $105,245 | $17,150 | $122,395 | $1,090 |
| 2018 | $105,245 | $17,150 | $122,395 | $1,090 |
| 2017 | $105,245 | $17,150 | $122,395 | $1,090 |
| 2016 | $105,245 | $17,150 | $122,395 | $1,112 |
| 2015 | $114,171 | $18,876 | $133,047 | $1,182 |
| 2014 | $114,171 | $18,876 | $133,047 | $619 |
| 2013 | $114,171 | $18,876 | $133,047 | $619 |
| 2012 | $114,171 | $18,876 | $133,047 | $1,120 |
| 2011 | $114,171 | $18,876 | $133,047 | $619 |
| 2010 | $114,171 | $18,876 | $133,047 | $619 |
Property facts
Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,881 sqft
Lot size
62,291 sqft
ZIP code
27822
City
Elm City
Street
Thorne Farm Rd
Coordinates
35.83557, -77.80497
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
$768
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7101 Thorne Farm Rd last sell?
7101 Thorne Farm Rd most recently sold on Nov 27, 2023 for $128,000.
What is the current tax assessment for 7101 Thorne Farm Rd?
The most recent total assessment for 7101 Thorne Farm Rd (year 2025) is $241,493 with $1,862 in property tax.
How does 7101 Thorne Farm Rd's assessment compare to its last sale price?
The current assessment is 88.7% above the last sale price of $128,000.
When was 7101 Thorne Farm Rd built?
7101 Thorne Farm Rd was built in 1978.
How does 7101 Thorne Farm Rd compare to others on Thorne Farm Rd?
We track 8 other properties on Thorne Farm Rd. Browse the list under "Other properties on Thorne Farm Rd" to compare beds, baths, and sale history.
What are the property facts for 7101 Thorne Farm Rd?
7101 Thorne Farm Rd is a 3 bed, 2 bath, 1,881 sqft, 62,291 sqft lot single_family.
Is 7101 Thorne Farm Rd a flip candidate?
Yes — 7101 Thorne Farm Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7101 Thorne Farm Rd a tax-appeal candidate?
No — 7101 Thorne Farm 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 Thorne Farm Rd