2535 Old Nc 87 Hwy
Elon, NC 27244
2 bd 2 ba 1,260 sqft Built 2021 Lot 8,276 sqft single_family
Most recent sale
$188,900
Feb 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 14, 2022 | Sold | $188,900 | MLS #1051807 |
| Jan 6, 2022 | Price changed | $189,900 | MLS #1051807 |
| Dec 18, 2021 | Price changed | $195,000 | MLS #2422732 |
| Dec 11, 2021 | Listed | $200,000 | MLS #121825 |
| Dec 10, 2021 | Listed | $200,000 | MLS #2422732 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $205,560 | $17,669 | $223,229 | $1,541 |
| 2024 | $205,560 | $17,669 | $223,229 | $1,441 |
| 2023 | $205,560 | $17,669 | $223,229 | $1,359 |
| 2022 | $108,559 | $11,900 | $120,459 | $1,066 |
| 2021 | — | $11,900 | $11,900 | $103 |
| 2020 | — | $11,900 | $11,900 | $121 |
| 2019 | — | $11,900 | $11,900 | $105 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,260 sqft
Lot size
8,276 sqft
ZIP code
27244
City
Elon
Street
Old Nc 87 Hwy
Coordinates
36.17172, -79.51395
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,701
Gross rental yield
10.81%
Implied cap rate
7.02%
Trend-extrapolated value
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Frequently asked questions
When did 2535 Old Nc 87 Hwy last sell?
2535 Old Nc 87 Hwy most recently sold on Feb 14, 2022 for $188,900.
What is the current tax assessment for 2535 Old Nc 87 Hwy?
The most recent total assessment for 2535 Old Nc 87 Hwy (year 2025) is $223,229 with $1,541 in property tax.
How does 2535 Old Nc 87 Hwy's assessment compare to its last sale price?
The current assessment is 18.2% above the last sale price of $188,900.
When was 2535 Old Nc 87 Hwy built?
2535 Old Nc 87 Hwy was built in 2021.
How does 2535 Old Nc 87 Hwy compare to others on Old Nc 87 Hwy?
We track 6 other properties on Old Nc 87 Hwy. Browse the list under "Other properties on Old Nc 87 Hwy" to compare beds, baths, and sale history.
What are the property facts for 2535 Old Nc 87 Hwy?
2535 Old Nc 87 Hwy is a 2 bed, 2 bath, 1,260 sqft, 8,276 sqft lot single_family.
Is 2535 Old Nc 87 Hwy a flip candidate?
No — 2535 Old Nc 87 Hwy does not appear in our flips dataset.
Is 2535 Old Nc 87 Hwy a tax-appeal candidate?
Yes — 2535 Old Nc 87 Hwy 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 valuationQuarterly trend
-0.9%
Implied 1-yr
-3.4%
2026 Q3
$318.8K
2026 Q4
$315.9K
ZIP 27244 — Median Price History + Forecast
Explore nearby
Geography
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