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388 Ac Dr

Fairmont, NC 28340

5 bd 4 ba 2,681 sqft Built 1968 Lot 112,820 sqft single_family
Most recent sale
$119,000
Mar 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 3, 2022 Sold $119,000 MLS #100307224
Jan 10, 2022 Listed $119,000 MLS #100307224
Apr 30, 2014 Listing removed $130,000 Lumberton
Dec 10, 2013 Listed $130,000 MLS #13-757
Dec 1, 2013 Listing removed $130,000 Lumberton
Jun 7, 2013 Relisted $130,000 MLS #12-863
Apr 30, 2013 Listing removed $130,000 Lumberton
Dec 3, 2012 Listed $130,000 MLS #12-863
Jul 31, 2011 Listing removed $125,000 Lumberton
Apr 26, 2011 Relisted $125,000 MLS #10-666
Feb 1, 2011 Listing removed $125,000 Lumberton
Aug 5, 2010 Listed $125,000 MLS #10-666
Feb 16, 2010 Listing removed $149,900 Lumberton
Jun 4, 2009 Listed $149,900 MLS #09-449

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $252,800 $10,000 $262,800 $2,445
2023 $192,800 $9,100 $201,900 $1,937
2022 $177,600 $9,100 $186,700 $1,800
2021 $192,800 $9,100 $201,900 $1,938
2020 $192,800 $9,100 $201,900 $1,810
2019 $192,800 $9,100 $201,900 $1,810
2018 $165,900 $6,900 $172,800 $1,846
2017 $165,900 $6,900 $172,800 $1,593
2016 $165,900 $6,900 $172,800 $1,593
2015 $165,900 $6,900 $172,800 $1,561
2014 $165,900 $6,900 $172,800 $1,561
2013 $165,900 $6,900 $172,800 $1,561
2012 $165,900 $6,900 $172,800 $1,561
2011 $165,900 $6,900 $172,800 $1,561
2010 $165,900 $6,900 $172,800 $1,595
2008 $139,400 $7,300 $146,700 $1,320
2007 $139,400 $7,300 $146,700 $1,320

Property facts

Year built
1968
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,681 sqft
Lot size
112,820 sqft
ZIP code
28340
City
Fairmont
Street
Ac Dr
Coordinates
34.52798, -79.09236

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$714
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 388 Ac Dr last sell?
388 Ac Dr most recently sold on Mar 3, 2022 for $119,000.
What is the current tax assessment for 388 Ac Dr?
The most recent total assessment for 388 Ac Dr (year 2025) is $262,800 with $2,445 in property tax.
How does 388 Ac Dr's assessment compare to its last sale price?
The current assessment is 120.8% above the last sale price of $119,000.
When was 388 Ac Dr built?
388 Ac Dr was built in 1968.
How does 388 Ac Dr compare to others on Ac Dr?
We do not currently track other properties on Ac Dr.
What are the property facts for 388 Ac Dr?
388 Ac Dr is a 5 bed, 4 bath, 2,681 sqft, 112,820 sqft lot single_family.
Is 388 Ac Dr a flip candidate?
No — 388 Ac Dr does not appear in our flips dataset.
Is 388 Ac Dr a tax-appeal candidate?
Yes — 388 Ac 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
+4.6%
Implied 1-yr
+18.3%
2026 Q1
$137K
2026 Q2
$141.8K
ZIP 28340 — Median Price History + Forecast

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