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518 Forest Rd

Fayetteville, NC 28305

2 bd 2 ba 2,026 sqft Built 1957 Lot 12,197 sqft single_family
Most recent sale
$229,000
Aug 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Sold $229,000 Public Record
Nov 29, 2021 Price changed $229,900 MLS #670255
Oct 15, 2021 Price changed $238,000 MLS #670255
Oct 8, 2021 Listed $245,000 MLS #670255
Mar 26, 1996 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $153,666 $100,000 $253,666 $3,866
2024 $117,798 $68,750 $186,548 $3,357
2023 $117,798 $68,750 $186,548 $3,215
2022 $117,798 $68,750 $186,548 $3,055
2021 $117,798 $68,750 $186,548 $3,055
2020 $117,798 $68,750 $186,548 $3,055
2019 $139,350 $68,750 $208,100 $3,020
2018 $139,350 $68,750 $208,100 $3,020
2017 $139,350 $68,750 $208,100 $2,917
2016 $144,250 $68,750 $213,000 $2,777
2015 $144,250 $68,750 $213,000 $2,748
2014 $144,250 $68,750 $213,000 $2,741
2013 $144,250 $68,750 $213,000 $2,669
2012 $144,250 $68,750 $213,000 $2,669
2011 $144,250 $68,750 $213,000 $2,669
2010 $144,250 $68,750 $213,000 $2,669
2009 $144,250 $68,750 $213,000 $2,725
2007 $92,800 $45,000 $137,800 $2,026

Property facts

Year built
1957
Property type
single_family
Stories
Beds
2
Baths
2
Living area
2,026 sqft
Lot size
12,197 sqft
ZIP code
28305
City
Fayetteville
Street
Forest Rd
Coordinates
35.06377, -78.90114

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,735
Gross rental yield
14.33%
Implied cap rate
9.32%
Trend-extrapolated value

Frequently asked questions

When did 518 Forest Rd last sell?
518 Forest Rd most recently sold on Aug 23, 2022 for $229,000.
What is the current tax assessment for 518 Forest Rd?
The most recent total assessment for 518 Forest Rd (year 2025) is $253,666 with $3,866 in property tax.
How does 518 Forest Rd's assessment compare to its last sale price?
The current assessment is 10.8% above the last sale price of $229,000.
When was 518 Forest Rd built?
518 Forest Rd was built in 1957.
How does 518 Forest Rd compare to others on Forest Rd?
We track 3 other properties on Forest Rd. Browse the list under "Other properties on Forest Rd" to compare beds, baths, and sale history.
What are the property facts for 518 Forest Rd?
518 Forest Rd is a 2 bed, 2 bath, 2,026 sqft, 12,197 sqft lot single_family.
Is 518 Forest Rd a flip candidate?
No — 518 Forest Rd does not appear in our flips dataset.
Is 518 Forest Rd a tax-appeal candidate?
No — 518 Forest Rd 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
+8.5%
Implied 1-yr
+34.0%
2026 Q3
$640.9K
2026 Q4
$640.9K
ZIP 28305 — Median Price History + Forecast

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