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251 Lees Mill Rd

Gates, NC 27937

4 bd 2 ba 2,144 sqft Built 2000 Lot 47,916 sqft single_family
Most recent sale
$80,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $80,000 MLS #105219
Nov 8, 2021 Relisted $78,000 MLS #10398759
Sep 1, 2021 Listed $78,000 MLS #10398759
Apr 14, 2014 Sold $110,000 MLS #67883
Mar 11, 2014 Listing removed $115,000 HamptonRoads
Jan 2, 2014 Price changed $115,000 MLS #1242661
Dec 17, 2013 Price changed $115,000 MLS #67883
Aug 31, 2013 Price changed $125,000 MLS #1242661
Aug 23, 2013 Price changed $125,000 MLS #67883
Aug 16, 2013 Price changed $129,900 MLS #1242661
Aug 9, 2013 Price changed $129,900 MLS #67883
Jul 12, 2013 Price changed $149,900 MLS #1242661
Jul 11, 2013 Price changed $149,900 MLS #67883
Jun 3, 2013 Relisted $159,900 MLS #67883
Jun 1, 2013 Listing removed $159,900 NCRAlbemarleArea
Feb 25, 2013 Relisted $159,900 MLS #1242661
Feb 18, 2013 Price changed $159,900 MLS #67883
Feb 14, 2013 Listing removed $169,900 HamptonRoads
Jan 17, 2013 Price changed $169,900 MLS #1242661
Dec 28, 2012 Price changed $169,900 MLS #67883
Nov 14, 2012 Listed $189,900 MLS #1242661

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $175,946 $40,250 $216,196 $1,738
2024 $175,946 $40,250 $216,196 $1,441
2023 $103,435 $33,689 $137,124 $1,441
2022 $103,435 $33,689 $137,124 $1,441
2021 $103,435 $33,689 $137,124 $1,373
2020 $103,435 $33,689 $137,124 $1,373
2019 $101,835 $32,582 $134,417 $1,373
2018 $103,435 $33,689 $137,124 $1,092
2017 $103,435 $33,689 $137,124 $1,042
2016 $112,185 $38,850 $151,035 $1,027
2015 $112,185 $38,850 $151,035 $1,017
2014 $112,185 $38,850 $151,035 $1,017
2013 $112,185 $38,850 $151,035 $1,017
2012 $112,185 $38,850 $151,035 $1,017
2011 $112,185 $38,850 $151,035 $1,017
2010 $106,974 $38,850 $145,824 $983
2009 $106,974 $38,850 $145,824 $983

Property facts

Year built
2000
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,144 sqft
Lot size
47,916 sqft
ZIP code
27937
City
Gates
Street
Lees Mill Rd
Coordinates
36.54582, -76.78106

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 251 Lees Mill Rd last sell?
251 Lees Mill Rd most recently sold on May 2, 2022 for $80,000.
What is the current tax assessment for 251 Lees Mill Rd?
The most recent total assessment for 251 Lees Mill Rd (year 2025) is $216,196 with $1,738 in property tax.
How does 251 Lees Mill Rd's assessment compare to its last sale price?
The current assessment is 170.2% above the last sale price of $80,000.
When was 251 Lees Mill Rd built?
251 Lees Mill Rd was built in 2000.
How does 251 Lees Mill Rd compare to others on Lees Mill Rd?
We track 8 other properties on Lees Mill Rd. Browse the list under "Other properties on Lees Mill Rd" to compare beds, baths, and sale history.
What are the property facts for 251 Lees Mill Rd?
251 Lees Mill Rd is a 4 bed, 2 bath, 2,144 sqft, 47,916 sqft lot single_family.
Is 251 Lees Mill Rd a flip candidate?
No — 251 Lees Mill Rd does not appear in our flips dataset.
Is 251 Lees Mill Rd a tax-appeal candidate?
Yes — 251 Lees Mill Rd 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
+2.4%
Implied 1-yr
+9.5%
2026 Q2
$274.3K
2026 Q3
$279.9K
ZIP 27937 — Median Price History + Forecast

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