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117 Gazebo Dr

Elon, NC 27244

4 bd 4 ba 3,213 sqft Built 2017 Lot 9,148 sqft single_family
Most recent sale
$390,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 17, 2022 Sold $390,000 MLS #1052633
Dec 22, 2021 Listed $365,000 MLS #2424254
Oct 4, 2017 Sold $273,000 Public Record
Oct 12, 2010 Sold $724,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $419,662 $45,000 $464,662 $2,283
2024 $419,662 $45,000 $464,662 $3,786
2023 $419,662 $45,000 $464,662 $3,615
2022 $265,473 $42,000 $307,473 $3,365
2021 $265,473 $42,000 $307,473 $3,395
2020 $265,473 $42,000 $307,473 $3,426
2019 $263,416 $42,000 $305,416 $3,413
2018 $263,416 $42,000 $305,416 $3,176
2017 $42,000 $42,000 $432
2016 $29,750 $29,750 $297
2015 $29,750 $29,750 $171
2014 $29,750 $29,750 $157
2013 $29,750 $29,750 $160
2012 $29,750 $29,750 $153
2011 $29,750 $29,750 $154
2010 $29,750 $29,750 $154
2009 $29,750 $29,750 $154
2008 $40,000 $40,000 $380
2007 $40,000 $40,000 $232

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,213 sqft
Lot size
9,148 sqft
ZIP code
27244
City
Elon
Street
Gazebo Dr
Coordinates
36.12374, -79.49448

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
$4,338
Gross rental yield
13.35%
Implied cap rate
8.68%
Trend-extrapolated value

Frequently asked questions

When did 117 Gazebo Dr last sell?
117 Gazebo Dr most recently sold on Feb 17, 2022 for $390,000.
What is the current tax assessment for 117 Gazebo Dr?
The most recent total assessment for 117 Gazebo Dr (year 2025) is $464,662 with $2,283 in property tax.
How does 117 Gazebo Dr's assessment compare to its last sale price?
The current assessment is 19.1% above the last sale price of $390,000.
When was 117 Gazebo Dr built?
117 Gazebo Dr was built in 2017.
How does 117 Gazebo Dr compare to others on Gazebo Dr?
We track 8 other properties on Gazebo Dr. Browse the list under "Other properties on Gazebo Dr" to compare beds, baths, and sale history.
What are the property facts for 117 Gazebo Dr?
117 Gazebo Dr is a 4 bed, 4 bath, 3,213 sqft, 9,148 sqft lot single_family.
Is 117 Gazebo Dr a flip candidate?
No — 117 Gazebo Dr does not appear in our flips dataset.
Is 117 Gazebo Dr a tax-appeal candidate?
Yes — 117 Gazebo Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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

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