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1446 NC Highway 87

Elon, NC 27244

3 bd 2 ba 1,837 sqft Built 1955 Lot 74,923 sqft single_family
Most recent sale
$275,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $275,000 MLS #1060968
Mar 7, 2022 Listed $270,000 MLS #1060968
Oct 12, 2021 Price changed $259,900 MLS #119306
Sep 29, 2021 Price changed $264,500 MLS #119306
Aug 2, 2021 Listed $269,500 MLS #119306
Feb 28, 2019 Sold $190,000 MLS #912943
Jan 9, 2019 Price changed $205,000 MLS #912943
Jan 8, 2019 Price changed $205,000 MLS #101995
Dec 27, 2018 Listed $225,000 MLS #912943
Mar 9, 2018 Sold $78,000 Public Record
Sep 30, 1993 Sold $87,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $222,933 $42,792 $265,725 $1,623
2024 $222,933 $42,792 $265,725 $1,504
2023 $222,933 $42,792 $265,725 $1,406
2022 $134,661 $31,863 $166,524 $1,308
2021 $134,661 $31,863 $166,524 $1,325
2020 $134,661 $31,863 $166,524 $1,342
2019 $134,661 $31,863 $166,524 $1,349
2018 $114,280 $31,863 $146,143 $1,067
2017 $114,280 $31,863 $146,143 $1,052
2016 $107,747 $34,222 $141,969 $990
2015 $107,747 $34,222 $141,969 $985
2014 $107,747 $34,222 $141,969 $919
2013 $107,747 $34,222 $141,969 $919
2012 $107,747 $34,222 $141,969 $886
2011 $107,747 $34,222 $141,969 $891
2010 $107,747 $34,222 $141,969 $884
2009 $107,747 $34,222 $141,969 $873
2008 $98,066 $29,960 $128,026 $871
2007 $98,066 $29,960 $128,026 $864

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,837 sqft
Lot size
74,923 sqft
ZIP code
27244
City
Elon
Street
NC Highway 87
Coordinates
36.14428, -79.49892

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,480
Gross rental yield
10.82%
Implied cap rate
7.03%
Trend-extrapolated value

Frequently asked questions

When did 1446 NC Highway 87 last sell?
1446 NC Highway 87 most recently sold on Apr 29, 2022 for $275,000.
What is the current tax assessment for 1446 NC Highway 87?
The most recent total assessment for 1446 NC Highway 87 (year 2025) is $265,725 with $1,623 in property tax.
How does 1446 NC Highway 87's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $275,000.
When was 1446 NC Highway 87 built?
1446 NC Highway 87 was built in 1955.
How does 1446 NC Highway 87 compare to others on NC Highway 87?
We track 8 other properties on NC Highway 87. Browse the list under "Other properties on NC Highway 87" to compare beds, baths, and sale history.
What are the property facts for 1446 NC Highway 87?
1446 NC Highway 87 is a 3 bed, 2 bath, 1,837 sqft, 74,923 sqft lot single_family.
Is 1446 NC Highway 87 a flip candidate?
Yes — 1446 NC Highway 87 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1446 NC Highway 87 a tax-appeal candidate?
No — 1446 NC Highway 87 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

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