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197 Michaels Gap Ln

Hickory, NC 28601

2 bd 3 ba 1,864 sqft Built 2010 Lot 16,988 sqft single_family
Most recent sale
$560,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $560,000 MLS #3838549
Mar 14, 2022 Listed $525,000 MLS #3838549
Dec 5, 2014 Sold $260,000 MLS #9575852
Jun 20, 2014 Price changed $300,000 MLS #9575852
Apr 25, 2014 Listed $299,900 MLS #9575852
Jun 30, 2012 Listing removed $279,900 CatawbaValley
Jun 15, 2012 Price changed $279,900 MLS #9559841
Jun 22, 2011 Listed $299,900 MLS #9559841

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $291,326 $168,640 $459,966 $3,265
2024 $291,326 $168,640 $459,966 $3,187
2023 $291,326 $168,640 $459,966 $3,279
2022 $175,646 $122,647 $298,293 $2,484
2021 $120,110 $122,647 $242,757 $2,022
2019 $120,110 $122,647 $242,757 $2,022
2018 $120,110 $122,647 $242,757 $1,993
2017 $120,110 $122,647 $242,757 $1,993
2016 $103,971 $122,647 $226,618 $1,860
2015 $103,971 $122,647 $226,618 $1,860
2014 $35,599 $95,073 $130,672 $905
2013 $35,599 $95,073 $130,672 $827
2012 $35,599 $95,073 $130,672 $827
2011 $35,599 $95,073 $130,672 $827
2010 $35,599 $95,073 $130,672 $827
2009 $35,599 $95,073 $130,672 $827

Property facts

Year built
2010
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
1,864 sqft
Lot size
16,988 sqft
ZIP code
28601
City
Hickory
Street
Michaels Gap Ln
Coordinates
35.80834, -81.33179

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,516
Gross rental yield
5.39%
Implied cap rate
3.50%
Trend-extrapolated value

Frequently asked questions

When did 197 Michaels Gap Ln last sell?
197 Michaels Gap Ln most recently sold on Apr 8, 2022 for $560,000.
What is the current tax assessment for 197 Michaels Gap Ln?
The most recent total assessment for 197 Michaels Gap Ln (year 2025) is $459,966 with $3,265 in property tax.
How does 197 Michaels Gap Ln's assessment compare to its last sale price?
The current assessment is 17.9% below the last sale price of $560,000.
When was 197 Michaels Gap Ln built?
197 Michaels Gap Ln was built in 2010.
How does 197 Michaels Gap Ln compare to others on Michaels Gap Ln?
We track 6 other properties on Michaels Gap Ln. Browse the list under "Other properties on Michaels Gap Ln" to compare beds, baths, and sale history.
What are the property facts for 197 Michaels Gap Ln?
197 Michaels Gap Ln is a 2 bed, 3 bath, 1,864 sqft, 16,988 sqft lot single_family.
Is 197 Michaels Gap Ln a flip candidate?
No — 197 Michaels Gap Ln does not appear in our flips dataset.
Is 197 Michaels Gap Ln a tax-appeal candidate?
No — 197 Michaels Gap Ln 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$404.5K
2026 Q4
$407.2K
ZIP 28601 — Median Price History + Forecast

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