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3318 Gibbs Ln

Hillsborough, NC 27278

2 bd 2 ba 1,120 sqft Built 1962 Lot 85,813 sqft single_family
Most recent sale
$155,000
Jan 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 20, 2023 Sold $350,000 DoorifyMLS
Oct 19, 2022 Price changed $373,500 MLS #2471339
Aug 29, 2022 Listed $384,500 MLS #2471339
Jan 12, 2022 Sold $155,000 Public Record
Mar 2, 2020 Sold $137,000 Public Record
Jan 17, 2020 Relisted $139,500 MLS #2287882
Nov 10, 2019 Price changed $139,500 MLS #2287882
Nov 8, 2019 Listed $135,000 MLS #2287882
Dec 17, 2009 Sold $50,000 Public Record
Aug 8, 2006 Sold $63,600 DoorifyMLS
Oct 17, 1995 Sold $89,500 Public Record
Apr 21, 1989 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $220,900 $116,500 $337,400 $2,585
2023 $101,700 $43,400 $145,100 $1,498
2022 $101,700 $38,400 $140,100 $1,446
2021 $101,700 $38,400 $140,100 $1,415
2020 $98,500 $35,200 $133,700 $1,432
2019 $98,500 $35,200 $133,700 $847
2017 $98,500 $35,200 $133,700 $804
2016 $87,400 $39,600 $127,000 $784
2015 $87,400 $39,600 $127,000 $784
2014 $87,400 $39,600 $127,000 $1,304
2013 $87,400 $39,600 $127,000 $1,278
2012 $87,400 $39,600 $127,000 $1,261
2011 $86,500 $39,600 $126,100 $1,242
2010 $67,812 $39,553 $107,365 $1,061
2009 $67,812 $39,553 $107,365 $986
2008 $59,018 $32,519 $91,537 $966
2007 $59,018 $32,519 $91,537 $921

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,120 sqft
Lot size
85,813 sqft
ZIP code
27278
City
Hillsborough
Street
Gibbs Ln
Coordinates
36.06306, -79.04597

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
$1,512
Gross rental yield
11.71%
Implied cap rate
7.61%
Trend-extrapolated value

Frequently asked questions

When did 3318 Gibbs Ln last sell?
3318 Gibbs Ln most recently sold on Jan 12, 2022 for $155,000.
What is the current tax assessment for 3318 Gibbs Ln?
The most recent total assessment for 3318 Gibbs Ln (year 2025) is $337,400 with $2,585 in property tax.
How does 3318 Gibbs Ln's assessment compare to its last sale price?
The current assessment is 117.7% above the last sale price of $155,000.
When was 3318 Gibbs Ln built?
3318 Gibbs Ln was built in 1962.
How does 3318 Gibbs Ln compare to others on Gibbs Ln?
We track 3 other properties on Gibbs Ln. Browse the list under "Other properties on Gibbs Ln" to compare beds, baths, and sale history.
What are the property facts for 3318 Gibbs Ln?
3318 Gibbs Ln is a 2 bed, 2 bath, 1,120 sqft, 85,813 sqft lot single_family.
Is 3318 Gibbs Ln a flip candidate?
Yes — 3318 Gibbs Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3318 Gibbs Ln a tax-appeal candidate?
No — 3318 Gibbs 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
+5.4%
Implied 1-yr
+21.5%
2026 Q3
$748.8K
2026 Q4
$748.8K
ZIP 27278 — Median Price History + Forecast

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