502 Governor Dr
Hillsborough, NC 27278
4 bd 3 ba 3,053 sqft Built 2006 Lot 23,958 sqft single_family
Most recent sale
$650,000
Oct 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 28, 2022 | Sold | $650,000 | MLS #2476542 |
| Sep 29, 2022 | Listed | $600,000 | MLS #2476542 |
| May 8, 2007 | Sold | $399,854 | DoorifyMLS |
| Mar 8, 2007 | Sold | $400,000 | Public Record |
| Oct 28, 2004 | Sold | $409,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $490,100 | $160,000 | $650,100 | $4,886 |
| 2023 | $358,000 | $60,000 | $418,000 | $4,072 |
| 2022 | $338,000 | $60,000 | $398,000 | $3,827 |
| 2021 | $338,000 | $60,000 | $398,000 | $3,778 |
| 2020 | $314,500 | $60,000 | $374,500 | $3,747 |
| 2019 | $314,500 | $60,000 | $374,500 | $3,735 |
| 2018 | $314,500 | $60,000 | $374,500 | $3,659 |
| 2017 | $314,500 | $60,000 | $374,500 | $3,608 |
| 2016 | $345,482 | $65,181 | $410,663 | $4,056 |
| 2015 | $345,482 | $65,181 | $410,663 | $4,056 |
| 2014 | $345,482 | $65,181 | $410,663 | $3,995 |
| 2013 | $345,482 | $65,181 | $410,663 | $3,913 |
| 2012 | $345,482 | $65,181 | $410,663 | $3,849 |
| 2011 | $345,482 | $65,181 | $410,663 | $3,839 |
| 2010 | $345,482 | $65,181 | $410,663 | $3,860 |
| 2009 | $345,482 | $65,181 | $410,663 | $3,744 |
| 2008 | $318,534 | $55,208 | $373,742 | $3,965 |
| 2007 | $302,606 | $55,208 | $357,814 | $3,599 |
Property facts
Year built
2006
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,053 sqft
Lot size
23,958 sqft
ZIP code
27278
City
Hillsborough
Street
Governor Dr
Coordinates
36.09508, -79.09937
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
$4,122
Gross rental yield
7.61%
Implied cap rate
4.95%
Trend-extrapolated value
—
Frequently asked questions
When did 502 Governor Dr last sell?
502 Governor Dr most recently sold on Oct 28, 2022 for $650,000.
What is the current tax assessment for 502 Governor Dr?
The most recent total assessment for 502 Governor Dr (year 2025) is $650,100 with $4,886 in property tax.
How does 502 Governor Dr's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $650,000.
When was 502 Governor Dr built?
502 Governor Dr was built in 2006.
How does 502 Governor Dr compare to others on Governor Dr?
We track 6 other properties on Governor Dr. Browse the list under "Other properties on Governor Dr" to compare beds, baths, and sale history.
What are the property facts for 502 Governor Dr?
502 Governor Dr is a 4 bed, 3 bath, 3,053 sqft, 23,958 sqft lot single_family.
Is 502 Governor Dr a flip candidate?
No — 502 Governor Dr does not appear in our flips dataset.
Is 502 Governor Dr a tax-appeal candidate?
No — 502 Governor Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.4%
Implied 1-yr
+21.5%
2026 Q3
$748.8K
2026 Q4
$748.8K
ZIP 27278 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Governor Dr