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705 Timbergate Dr

Gibsonville, NC 27249

4 bd 2 ba 1,970 sqft Built 2002 Lot 16,553 sqft single_family
Most recent sale
$348,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 31, 2024 Listed for rent $2,155 Zumper
Aug 31, 2022 Listing removed $1,780 TriadMLS
Aug 14, 2022 Listing removed $1,780 TriadMLS
Aug 8, 2022 Price changed for rent $1,780 TriadMLS
Jul 29, 2022 Price changed for rent $1,780 TenantTurner
Jun 21, 2022 Listed for rent $1,955 TriadMLS
Jun 15, 2022 Listed for rent $1,955 TenantTurner
Jun 1, 2022 Sold $348,000 Public Record
May 31, 2022 Sold $348,000 MLS #1067261
Apr 29, 2022 Listed $330,000 MLS #2444730
Mar 1, 1988 Sold $81,500 Public Record
Dec 1, 1987 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $151,300 $45,000 $196,300 $2,454
2024 $151,300 $45,000 $196,300 $2,395
2023 $151,300 $45,000 $196,300 $2,376
2022 $151,300 $45,000 $196,300 $2,474
2021 $126,500 $35,000 $161,500 $2,036
2020 $126,500 $35,000 $161,500 $2,036
2019 $126,500 $35,000 $161,500 $2,036
2018 $126,500 $35,000 $161,500 $1,180
2017 $126,500 $35,000 $161,500 $1,180
2016 $124,000 $30,000 $154,000 $1,163
2015 $124,000 $30,000 $154,000 $1,165
2014 $124,000 $30,000 $154,000 $1,186
2013 $124,000 $30,000 $154,000 $1,186
2012 $124,000 $30,000 $154,000 $1,202
2011 $135,200 $28,000 $163,200 $1,277
2010 $135,200 $28,000 $163,200 $1,203
2009 $135,200 $28,000 $163,200 $1,203
2008 $135,200 $28,000 $163,200 $1,203
2007 $135,200 $28,000 $163,200 $1,128

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,970 sqft
Lot size
16,553 sqft
ZIP code
27249
City
Gibsonville
Street
Timbergate Dr
Coordinates
36.11506, -79.54510

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
$2,660
Gross rental yield
9.17%
Implied cap rate
5.96%
Trend-extrapolated value

Frequently asked questions

When did 705 Timbergate Dr last sell?
705 Timbergate Dr most recently sold on Jun 1, 2022 for $348,000.
What is the current tax assessment for 705 Timbergate Dr?
The most recent total assessment for 705 Timbergate Dr (year 2025) is $196,300 with $2,454 in property tax.
How does 705 Timbergate Dr's assessment compare to its last sale price?
The current assessment is 43.6% below the last sale price of $348,000.
When was 705 Timbergate Dr built?
705 Timbergate Dr was built in 2002.
How does 705 Timbergate Dr compare to others on Timbergate Dr?
We track 8 other properties on Timbergate Dr. Browse the list under "Other properties on Timbergate Dr" to compare beds, baths, and sale history.
What are the property facts for 705 Timbergate Dr?
705 Timbergate Dr is a 4 bed, 2 bath, 1,970 sqft, 16,553 sqft lot single_family.
Is 705 Timbergate Dr a flip candidate?
No — 705 Timbergate Dr does not appear in our flips dataset.
Is 705 Timbergate Dr a tax-appeal candidate?
No — 705 Timbergate 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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