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124 Faris Dr

Grandy, NC 27939

3 bd 2 ba 1,514 sqft Built 2003 Lot 11,326 sqft mobile
Most recent sale
$50,000
Apr 14, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 12, 2024 Sold $232,000 HiveMLS
Mar 6, 2024 Price changed $246,000 NCRMLS
Dec 7, 2023 Listed $250,000 NCRMLS
Apr 14, 2023 Sold $50,000 Public Record
Nov 27, 2006 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $87,400 $27,800 $115,200 $979
2023 $87,400 $27,800 $115,200 $892
2022 $87,400 $27,800 $115,200 $768
2021 $87,400 $27,800 $115,200 $760
2020 $48,900 $27,800 $76,700 $518
2019 $48,900 $27,800 $76,700 $518
2018 $48,900 $27,800 $76,700 $518
2017 $48,900 $27,800 $76,700 $482
2016 $48,900 $27,800 $76,700 $482
2015 $48,900 $27,800 $76,700 $482
2014 $48,900 $27,800 $76,700 $482
2013 $48,900 $27,800 $76,700 $486
2012 $92,092 $32,625 $124,717 $513
2011 $92,092 $32,625 $124,717 $513
2010 $92,092 $32,625 $124,717 $498
2009 $92,092 $32,625 $124,717 $498

Property facts

Year built
2003
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,514 sqft
Lot size
11,326 sqft
ZIP code
27939
City
Grandy
Street
Faris Dr
Coordinates
36.24346, -75.87233

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
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 124 Faris Dr last sell?
124 Faris Dr most recently sold on Apr 14, 2023 for $50,000.
What is the current tax assessment for 124 Faris Dr?
The most recent total assessment for 124 Faris Dr (year 2025) is $115,200 with $979 in property tax.
How does 124 Faris Dr's assessment compare to its last sale price?
The current assessment is 130.4% above the last sale price of $50,000.
When was 124 Faris Dr built?
124 Faris Dr was built in 2003.
How does 124 Faris Dr compare to others on Faris Dr?
We track 8 other properties on Faris Dr. Browse the list under "Other properties on Faris Dr" to compare beds, baths, and sale history.
What are the property facts for 124 Faris Dr?
124 Faris Dr is a 3 bed, 2 bath, 1,514 sqft, 11,326 sqft lot mobile.
Is 124 Faris Dr a flip candidate?
Yes — 124 Faris Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 124 Faris Dr a tax-appeal candidate?
Yes — 124 Faris Dr 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
+7.7%
Implied 1-yr
+30.8%
2026 Q2
$574K
2026 Q3
$603.5K
ZIP 27939 — Median Price History + Forecast

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