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157 Phoenix Way

Forest City, NC 28043

2 bd 2 ba 1,400 sqft Built 1988 Lot 91,912 sqft single_family
Most recent sale
$177,500
Dec 13, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2025 Sold $247,500 CanopyMLS
Oct 9, 2025 Listed $255,000 CanopyMLS
Dec 13, 2021 Sold $177,500 MLS #3798217
Oct 21, 2021 Listed $175,000 MLS #3798217
Oct 29, 2020 Sold $155,500 MLS #3664362
Sep 21, 2020 Listed $159,500 MLS #47957
Jan 12, 2006 Sold $94,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $149,100 $20,000 $169,100 $1,200
2023 $149,100 $20,000 $169,100 $1,126
2022 $109,900 $14,900 $124,800 $1,049
2021 $76,900 $14,900 $91,800 $790
2020 $77,800 $14,700 $92,500 $415
2019 $77,800 $14,700 $92,500 $407
2018 $85,200 $11,900 $97,100 $434
2017 $85,200 $11,900 $97,100 $372
2016 $85,200 $11,900 $97,100 $414
2015 $85,200 $11,900 $97,100 $397
2014 $85,200 $11,900 $97,100 $397
2013 $85,200 $11,900 $97,100 $397
2012 $85,200 $11,900 $97,100 $386
2010 $87,800 $11,900 $99,700 $314
2009 $87,800 $11,900 $99,700 $314
2008 $87,800 $11,900 $99,700 $314

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,400 sqft
Lot size
91,912 sqft
ZIP code
28043
City
Forest City
Street
Phoenix Way
Coordinates
35.26607, -81.81958

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,890
Gross rental yield
12.78%
Implied cap rate
8.31%
Trend-extrapolated value

Frequently asked questions

When did 157 Phoenix Way last sell?
157 Phoenix Way most recently sold on Dec 13, 2021 for $177,500.
What is the current tax assessment for 157 Phoenix Way?
The most recent total assessment for 157 Phoenix Way (year 2025) is $169,100 with $1,200 in property tax.
How does 157 Phoenix Way's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $177,500.
When was 157 Phoenix Way built?
157 Phoenix Way was built in 1988.
How does 157 Phoenix Way compare to others on Phoenix Way?
We do not currently track other properties on Phoenix Way.
What are the property facts for 157 Phoenix Way?
157 Phoenix Way is a 2 bed, 2 bath, 1,400 sqft, 91,912 sqft lot single_family.
Is 157 Phoenix Way a flip candidate?
No — 157 Phoenix Way does not appear in our flips dataset.
Is 157 Phoenix Way a tax-appeal candidate?
No — 157 Phoenix Way 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
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$234.6K
2026 Q4
$237K
ZIP 28043 — Median Price History + Forecast

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