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205 Arbor Dr

Elon, NC 27244

3 bd 3 ba 2,603 sqft Built 1989 Lot 15,682 sqft single_family
Most recent sale
$385,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $385,000 MLS #2449296
Aug 23, 2022 Relisted $400,000 MLS #2449296
Jun 28, 2022 Price changed $400,000 MLS #1069714
Jun 26, 2022 Price changed $400,000 MLS #2449296
May 31, 2022 Price changed $415,000 MLS #1069714
May 20, 2022 Listed $425,000 MLS #2449296
Aug 12, 1994 Sold $185,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $314,314 $55,000 $369,314 $1,815
2024 $314,314 $55,000 $369,314 $3,009
2023 $314,314 $55,000 $369,314 $2,873
2022 $168,297 $50,000 $218,297 $2,389
2021 $168,297 $50,000 $218,297 $2,410
2020 $168,297 $50,000 $218,297 $2,433
2019 $168,297 $50,000 $218,297 $2,440
2018 $168,297 $50,000 $218,297 $2,270
2017 $168,297 $50,000 $218,297 $2,248
2016 $186,202 $45,000 $231,202 $2,312
2015 $186,202 $45,000 $231,202 $1,334
2014 $186,202 $45,000 $231,202 $1,225
2013 $186,202 $45,000 $231,202 $1,248
2012 $186,202 $45,000 $231,202 $1,196
2011 $186,202 $45,000 $231,202 $1,202
2010 $186,202 $45,000 $231,202 $1,202
2009 $186,202 $45,000 $231,202 $1,202
2008 $178,245 $41,340 $219,585 $2,086
2007 $178,245 $41,340 $219,585 $1,273

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,603 sqft
Lot size
15,682 sqft
ZIP code
27244
City
Elon
Street
Arbor Dr
Coordinates
36.08616, -79.53156

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
$3,514
Gross rental yield
10.95%
Implied cap rate
7.12%
Trend-extrapolated value

Frequently asked questions

When did 205 Arbor Dr last sell?
205 Arbor Dr most recently sold on Aug 25, 2022 for $385,000.
What is the current tax assessment for 205 Arbor Dr?
The most recent total assessment for 205 Arbor Dr (year 2025) is $369,314 with $1,815 in property tax.
How does 205 Arbor Dr's assessment compare to its last sale price?
The current assessment is 4.1% below the last sale price of $385,000.
When was 205 Arbor Dr built?
205 Arbor Dr was built in 1989.
How does 205 Arbor Dr compare to others on Arbor Dr?
We track 2 other properties on Arbor Dr. Browse the list under "Other properties on Arbor Dr" to compare beds, baths, and sale history.
What are the property facts for 205 Arbor Dr?
205 Arbor Dr is a 3 bed, 3 bath, 2,603 sqft, 15,682 sqft lot single_family.
Is 205 Arbor Dr a flip candidate?
No — 205 Arbor Dr does not appear in our flips dataset.
Is 205 Arbor Dr a tax-appeal candidate?
No — 205 Arbor 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
-0.9%
Implied 1-yr
-3.4%
2026 Q3
$318.8K
2026 Q4
$315.9K
ZIP 27244 — Median Price History + Forecast

Explore nearby

Other properties on Arbor Dr