408 Watergap Dr
Fayetteville, NC 28314
3 bd 2 ba 1,445 sqft Built 1980 single_family
Most recent sale
$190,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 18, 2025 | Price changed for rent | $1,550 | AppfolioUnits |
| Sep 17, 2025 | Price changed for rent | $1,550 | Rently |
| Aug 20, 2025 | Listed for rent | $1,650 | LongleafPineRealtors |
| Aug 16, 2025 | Listed for rent | $1,650 | AppfolioUnits |
| Aug 15, 2025 | Listed for rent | $1,650 | Rently |
| Jul 19, 2023 | Sold | $225,000 | LongleafPineRealtors |
| Jun 17, 2022 | Sold | $190,000 | Public Record |
| May 5, 2022 | Price changed | $189,900 | MLS #679976 |
| Mar 8, 2022 | Listed | $194,900 | MLS #679976 |
| Feb 17, 2022 | Sold | $131,000 | Public Record |
| Apr 4, 2017 | Listing removed | $800 | LongleafPineRealtors |
| Mar 27, 2017 | Listed for rent | $800 | LongleafPineRealtors |
| Aug 12, 2013 | Listing removed | $850 | LongleafPineRealtors |
| Jul 14, 2013 | Listed for rent | $850 | LongleafPineRealtors |
| May 7, 2012 | Sold | $80,000 | Public Record |
| Jul 27, 1994 | Sold | $79,500 | Public Record |
| Apr 30, 1987 | Sold | $68,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $130,227 | $21,500 | $151,727 | $2,560 |
| 2024 | $96,967 | $15,000 | $111,967 | $2,056 |
| 2023 | $96,967 | $15,000 | $111,967 | $1,951 |
| 2022 | $91,832 | $15,000 | $106,832 | $1,755 |
| 2021 | $91,832 | $15,000 | $106,832 | $1,755 |
| 2020 | $91,832 | $15,000 | $106,832 | $1,755 |
| 2019 | $93,000 | $15,000 | $108,000 | $1,720 |
| 2018 | $93,000 | $15,000 | $108,000 | $1,720 |
| 2017 | $93,000 | $15,000 | $108,000 | $1,617 |
| 2016 | $70,000 | $15,000 | $85,000 | $1,191 |
| 2015 | $70,000 | $15,000 | $85,000 | $1,179 |
| 2014 | $70,000 | $15,000 | $85,000 | $1,172 |
| 2013 | $70,000 | $15,000 | $85,000 | $1,139 |
| 2012 | $90,200 | $15,000 | $105,200 | $1,380 |
| 2011 | $90,200 | $15,000 | $105,200 | $1,380 |
| 2010 | $90,200 | $15,000 | $105,200 | $1,380 |
| 2009 | $90,200 | $15,000 | $105,200 | $1,408 |
| 2007 | $66,900 | $14,000 | $80,900 | $1,224 |
Property facts
Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,445 sqft
Lot size
—
ZIP code
28314
City
Fayetteville
Street
Watergap Dr
Coordinates
35.06267, -78.99602
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,951
Gross rental yield
12.32%
Implied cap rate
8.01%
Trend-extrapolated value
—
Frequently asked questions
When did 408 Watergap Dr last sell?
408 Watergap Dr most recently sold on Jun 17, 2022 for $190,000.
What is the current tax assessment for 408 Watergap Dr?
The most recent total assessment for 408 Watergap Dr (year 2025) is $151,727 with $2,560 in property tax.
How does 408 Watergap Dr's assessment compare to its last sale price?
The current assessment is 20.1% below the last sale price of $190,000.
When was 408 Watergap Dr built?
408 Watergap Dr was built in 1980.
How does 408 Watergap Dr compare to others on Watergap Dr?
We track 8 other properties on Watergap Dr. Browse the list under "Other properties on Watergap Dr" to compare beds, baths, and sale history.
What are the property facts for 408 Watergap Dr?
408 Watergap Dr is a 3 bed, 2 bath, 1,445 sqft single_family.
Is 408 Watergap Dr a flip candidate?
Yes — 408 Watergap Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 408 Watergap Dr a tax-appeal candidate?
No — 408 Watergap Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.6%
Implied 1-yr
-10.2%
2026 Q3
$216.4K
2026 Q4
$209.8K
ZIP 28314 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Watergap Dr