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1862 Prince Edward Dr

Elon, NC 27244

2 bd 1 ba 1,138 sqft Built 1952 Lot 21,344 sqft single_family
Most recent sale
$160,000
Jan 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 13, 2022 Sold $160,000 MLS #1048208
Nov 5, 2021 Listed $148,900 MLS #2417045
Jul 28, 2004 Sold $112,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $154,509 $36,158 $190,667 $1,126
2024 $154,509 $36,158 $190,667 $1,053
2023 $154,509 $36,158 $190,667 $983
2022 $73,998 $24,820 $98,818 $757
2021 $73,998 $24,820 $98,818 $766
2020 $73,998 $24,820 $98,818 $776
2019 $73,998 $24,820 $98,818 $770
2018 $73,998 $24,820 $98,818 $691
2017 $73,998 $24,820 $98,818 $681
2016 $71,107 $26,092 $97,199 $670
2015 $71,107 $26,092 $97,199 $667
2014 $71,107 $26,092 $97,199 $622
2013 $71,107 $26,092 $97,199 $631
2012 $71,107 $26,092 $97,199 $604
2011 $71,107 $26,092 $97,199 $607
2010 $71,107 $26,092 $97,199 $607
2009 $71,107 $26,092 $97,199 $607
2008 $52,362 $17,760 $70,122 $480
2007 $52,362 $17,760 $70,122 $480

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,138 sqft
Lot size
21,344 sqft
ZIP code
27244
City
Elon
Street
Prince Edward Dr
Coordinates
36.11531, -79.48727

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,536
Gross rental yield
11.52%
Implied cap rate
7.49%
Trend-extrapolated value

Frequently asked questions

When did 1862 Prince Edward Dr last sell?
1862 Prince Edward Dr most recently sold on Jan 13, 2022 for $160,000.
What is the current tax assessment for 1862 Prince Edward Dr?
The most recent total assessment for 1862 Prince Edward Dr (year 2025) is $190,667 with $1,126 in property tax.
How does 1862 Prince Edward Dr's assessment compare to its last sale price?
The current assessment is 19.2% above the last sale price of $160,000.
When was 1862 Prince Edward Dr built?
1862 Prince Edward Dr was built in 1952.
How does 1862 Prince Edward Dr compare to others on Prince Edward Dr?
We track 8 other properties on Prince Edward Dr. Browse the list under "Other properties on Prince Edward Dr" to compare beds, baths, and sale history.
What are the property facts for 1862 Prince Edward Dr?
1862 Prince Edward Dr is a 2 bed, 1 bath, 1,138 sqft, 21,344 sqft lot single_family.
Is 1862 Prince Edward Dr a flip candidate?
No — 1862 Prince Edward Dr does not appear in our flips dataset.
Is 1862 Prince Edward Dr a tax-appeal candidate?
Yes — 1862 Prince Edward 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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