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706 Commons Dr

Gibsonville, NC 27249

3 bd 2 ba 2,398 sqft Built 2022 Lot 49,223 sqft single_family
Most recent sale
$375,000
Oct 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 27, 2022 Sold $375,000 MLS #1085126
Sep 23, 2022 Listed $375,000 MLS #1085126
Sep 6, 2022 Listed $375,000 MLS #1083323
Feb 16, 2022 Sold $45,000 MLS #1051332
Dec 5, 2021 Listed $60,000 MLS #1051332
Oct 24, 2012 Sold $40,000 Public Record
Jan 11, 2012 Sold $10,000 DoorifyMLS
Dec 29, 2011 Listing removed $19,900 AlamanceMLS
Oct 19, 2011 Listed $19,900 MLS #626024
Oct 10, 2011 Listed $19,900 MLS #1805770
Sep 15, 2011 Listed $19,900 MLS #73840

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $219,000 $40,000 $259,000 $2,296
2024 $219,000 $40,000 $259,000 $2,319
2023 $219,000 $40,000 $259,000 $2,252
2022 $40,000 $40,000 $351
2021 $25,000 $25,000 $220
2020 $25,000 $25,000 $218
2019 $25,000 $25,000 $217
2018 $25,000 $25,000 $217
2017 $25,000 $25,000 $217
2016 $20,000 $20,000 $178
2015 $20,000 $20,000 $179
2014 $20,000 $20,000 $174
2013 $20,000 $20,000 $174
2012 $20,000 $20,000 $172
2011 $39,000 $39,000 $337
2010 $39,000 $39,000 $315
2009 $39,000 $39,000 $315
2008 $39,000 $39,000 $315

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,398 sqft
Lot size
49,223 sqft
ZIP code
27249
City
Gibsonville
Street
Commons Dr
Coordinates
36.07349, -79.63725

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,237
Gross rental yield
10.36%
Implied cap rate
6.73%
Trend-extrapolated value

Frequently asked questions

When did 706 Commons Dr last sell?
706 Commons Dr most recently sold on Oct 27, 2022 for $375,000.
What is the current tax assessment for 706 Commons Dr?
The most recent total assessment for 706 Commons Dr (year 2025) is $259,000 with $2,296 in property tax.
How does 706 Commons Dr's assessment compare to its last sale price?
The current assessment is 30.9% below the last sale price of $375,000.
When was 706 Commons Dr built?
706 Commons Dr was built in 2022.
How does 706 Commons Dr compare to others on Commons Dr?
We track 4 other properties on Commons Dr. Browse the list under "Other properties on Commons Dr" to compare beds, baths, and sale history.
What are the property facts for 706 Commons Dr?
706 Commons Dr is a 3 bed, 2 bath, 2,398 sqft, 49,223 sqft lot single_family.
Is 706 Commons Dr a flip candidate?
Yes — 706 Commons Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 706 Commons Dr a tax-appeal candidate?
No — 706 Commons Dr 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
+2.6%
Implied 1-yr
+10.4%
2026 Q3
$323.3K
2026 Q4
$330.5K
ZIP 27249 — Median Price History + Forecast

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