948 Mountain Lake Rd
Glade Valley, NC 28627
3 bd 3 ba 3,500 sqft Built 1979 Lot 121,532 sqft single_family
Most recent sale
$390,000
Mar 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 28, 2022 | Sold | $390,000 | MLS #1054647 |
| Jan 19, 2022 | Price changed | $394,900 | MLS #1054647 |
| Jan 7, 2022 | Listed | $399,900 | MLS #1054647 |
| Oct 7, 2021 | Price changed | $399,900 | MLS #231962 |
| Jul 19, 2021 | Listed | $425,000 | MLS #231962 |
| Apr 25, 2021 | Listed | $449,900 | MLS #1021216 |
| Jul 19, 2018 | Sold | $180,000 | MLS #205108 |
| May 15, 2018 | Price changed | $219,000 | MLS #205108 |
| Jan 19, 2018 | Listed | $245,000 | MLS #205108 |
| Jan 1, 2018 | Listing removed | $220,000 | HighCountry |
| Jun 21, 2017 | Price changed | $220,000 | MLS #39204165 |
| Sep 22, 2016 | Price changed | $239,900 | MLS #39204165 |
| Aug 15, 2016 | Listed | $249,900 | MLS #39204165 |
| Jul 31, 2016 | Listing removed | $249,900 | HighCountry |
| Mar 7, 2016 | Listing removed | $269,900 | AlleghanyCounty |
| Sep 16, 2015 | Listed | $269,900 | MLS #56154 |
| May 1, 2015 | Listed | $249,900 | MLS #39156154 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $191,200 | $50,100 | $241,300 | $1,707 |
| 2024 | $191,200 | $50,100 | $241,300 | $1,707 |
| 2023 | $191,200 | $50,100 | $241,300 | $1,707 |
| 2022 | $191,200 | $43,500 | $234,700 | $1,663 |
| 2021 | $191,200 | $43,500 | $234,700 | $1,663 |
| 2020 | $196,700 | $34,900 | $231,600 | $1,609 |
| 2019 | $196,700 | $34,900 | $231,600 | $1,480 |
| 2018 | $196,700 | $34,900 | $231,600 | $1,343 |
| 2017 | $196,700 | $34,900 | $231,600 | $1,256 |
| 2016 | $196,700 | $34,900 | $231,600 | $1,256 |
| 2015 | $196,700 | $34,900 | $231,600 | $1,231 |
| 2014 | $176,300 | $34,900 | $211,200 | $1,052 |
| 2013 | $176,300 | $34,900 | $211,200 | $1,052 |
| 2012 | $176,300 | $34,900 | $211,200 | $1,052 |
| 2011 | $176,300 | $34,900 | $211,200 | $1,010 |
| 2010 | $176,300 | $34,900 | $211,200 | $968 |
| 2008 | $176,300 | $34,900 | $211,200 | $968 |
Property facts
Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,500 sqft
Lot size
121,532 sqft
ZIP code
28627
City
Glade Valley
Street
Mountain Lake Rd
Coordinates
36.48400, -80.95736
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
$2,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 948 Mountain Lake Rd last sell?
948 Mountain Lake Rd most recently sold on Mar 28, 2022 for $390,000.
What is the current tax assessment for 948 Mountain Lake Rd?
The most recent total assessment for 948 Mountain Lake Rd (year 2025) is $241,300 with $1,707 in property tax.
How does 948 Mountain Lake Rd's assessment compare to its last sale price?
The current assessment is 38.1% below the last sale price of $390,000.
When was 948 Mountain Lake Rd built?
948 Mountain Lake Rd was built in 1979.
How does 948 Mountain Lake Rd compare to others on Mountain Lake Rd?
We track 8 other properties on Mountain Lake Rd. Browse the list under "Other properties on Mountain Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 948 Mountain Lake Rd?
948 Mountain Lake Rd is a 3 bed, 3 bath, 3,500 sqft, 121,532 sqft lot single_family.
Is 948 Mountain Lake Rd a flip candidate?
No — 948 Mountain Lake Rd does not appear in our flips dataset.
Is 948 Mountain Lake Rd a tax-appeal candidate?
No — 948 Mountain Lake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.7%
Implied 1-yr
+6.8%
2025 Q4
$287.5K
2026 Q1
$291.8K
ZIP 28627 — Median Price History + Forecast
Explore nearby
Other properties on Mountain Lake Rd