1485 Highway 37
Gates, NC 27937
3 bd 3 ba 1,972 sqft Built 1993 Lot 43,560 sqft single_family
Most recent sale
$267,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $267,000 | MLS #8108016 |
| May 16, 2022 | Listed | $267,000 | MLS #10436700 |
| May 13, 2022 | Listed | $267,000 | MLS #108016 |
| Nov 6, 2014 | Sold | $137,500 | MLS #69621 |
| Sep 8, 2014 | Relisted | $139,500 | MLS #69621 |
| Sep 1, 2014 | Listing removed | $139,500 | NCRAlbemarleArea |
| Apr 29, 2014 | Relisted | $139,500 | MLS #69621 |
| Apr 23, 2014 | Listing removed | $139,500 | NCRAlbemarleArea |
| Mar 25, 2014 | Price changed | $139,500 | MLS #69621 |
| Jul 16, 2013 | Price changed | $149,500 | MLS #69621 |
| Jun 14, 2013 | Price changed | $169,500 | MLS #69621 |
| Apr 25, 2013 | Listed | $184,500 | MLS #69621 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $203,218 | $36,950 | $240,168 | $1,899 |
| 2024 | $203,218 | $36,950 | $240,168 | $1,578 |
| 2023 | $122,375 | $30,983 | $153,358 | $1,578 |
| 2022 | $122,375 | $30,983 | $153,358 | $1,578 |
| 2021 | $122,375 | $30,983 | $153,358 | $1,502 |
| 2020 | $122,375 | $30,983 | $153,358 | $1,502 |
| 2019 | $121,820 | $30,983 | $152,803 | $1,502 |
| 2018 | $122,375 | $30,983 | $153,358 | $1,216 |
| 2017 | $122,375 | $30,983 | $153,358 | $1,166 |
| 2016 | $148,305 | $35,550 | $183,855 | $1,250 |
| 2015 | $148,305 | $35,550 | $183,855 | $1,227 |
| 2014 | $148,305 | $35,550 | $183,855 | $1,227 |
| 2013 | $148,305 | $35,550 | $183,855 | $1,227 |
| 2012 | $148,305 | $35,550 | $183,855 | $1,227 |
| 2011 | $148,305 | $35,550 | $183,855 | $1,227 |
| 2010 | $148,305 | $35,550 | $183,855 | $1,227 |
| 2009 | $148,305 | $35,550 | $183,855 | $1,227 |
Property facts
Year built
1993
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,972 sqft
Lot size
43,560 sqft
ZIP code
27937
City
Gates
Street
Highway 37
Coordinates
36.53651, -76.76105
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
$2,662
Gross rental yield
11.96%
Implied cap rate
7.78%
Trend-extrapolated value
—
Frequently asked questions
When did 1485 Highway 37 last sell?
1485 Highway 37 most recently sold on Jul 15, 2022 for $267,000.
What is the current tax assessment for 1485 Highway 37?
The most recent total assessment for 1485 Highway 37 (year 2025) is $240,168 with $1,899 in property tax.
How does 1485 Highway 37's assessment compare to its last sale price?
The current assessment is 10.0% below the last sale price of $267,000.
When was 1485 Highway 37 built?
1485 Highway 37 was built in 1993.
How does 1485 Highway 37 compare to others on Highway 37?
We track 8 other properties on Highway 37. Browse the list under "Other properties on Highway 37" to compare beds, baths, and sale history.
What are the property facts for 1485 Highway 37?
1485 Highway 37 is a 3 bed, 3 bath, 1,972 sqft, 43,560 sqft lot single_family.
Is 1485 Highway 37 a flip candidate?
No — 1485 Highway 37 does not appear in our flips dataset.
Is 1485 Highway 37 a tax-appeal candidate?
No — 1485 Highway 37 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q2
$274.3K
2026 Q3
$279.9K
ZIP 27937 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Highway 37