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721 Wellspring Dr

Holly Springs, NC 27540

3 bd 2 ba 1,991 sqft Built 2008 Lot 6,534 sqft single_family
Most recent sale
$490,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $490,000 Public Record
Apr 13, 2022 Listed $425,000 MLS #2442178
Oct 13, 2017 Sold $269,000 Public Record
Aug 7, 2017 Price changed $274,620 MLS #2139328
Jul 26, 2017 Price changed $279,900 MLS #2139328
Jul 11, 2017 Listed $285,000 MLS #2139328
Sep 2, 2008 Sold $217,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $348,485 $120,000 $468,485 $4,051
2024 $348,485 $120,000 $468,485 $4,034
2023 $222,850 $55,000 $277,850 $3,016
2022 $222,850 $55,000 $277,850 $2,912
2021 $222,850 $55,000 $277,850 $2,859
2020 $222,850 $55,000 $277,850 $2,859
2019 $171,593 $50,000 $221,593 $2,686
2018 $171,593 $50,000 $221,593 $2,428
2017 $171,593 $50,000 $221,593 $2,341
2016 $171,593 $50,000 $221,593 $2,309
2015 $170,690 $42,000 $212,690 $2,252
2014 $170,690 $42,000 $212,690 $2,175
2013 $170,690 $42,000 $212,690 $2,081
2012 $170,690 $42,000 $212,690 $2,081
2011 $170,690 $42,000 $212,690 $2,038
2010 $170,690 $42,000 $212,690 $2,038
2009 $170,690 $42,000 $212,690 $2,038

Property facts

Year built
2008
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,991 sqft
Lot size
6,534 sqft
ZIP code
27540
City
Holly Springs
Street
Wellspring Dr
Coordinates
35.67152, -78.82396

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,688
Gross rental yield
6.58%
Implied cap rate
4.28%
Trend-extrapolated value

Frequently asked questions

When did 721 Wellspring Dr last sell?
721 Wellspring Dr most recently sold on Jun 1, 2022 for $490,000.
What is the current tax assessment for 721 Wellspring Dr?
The most recent total assessment for 721 Wellspring Dr (year 2025) is $468,485 with $4,051 in property tax.
How does 721 Wellspring Dr's assessment compare to its last sale price?
The current assessment is 4.4% below the last sale price of $490,000.
When was 721 Wellspring Dr built?
721 Wellspring Dr was built in 2008.
How does 721 Wellspring Dr compare to others on Wellspring Dr?
We track 8 other properties on Wellspring Dr. Browse the list under "Other properties on Wellspring Dr" to compare beds, baths, and sale history.
What are the property facts for 721 Wellspring Dr?
721 Wellspring Dr is a 3 bed, 2 bath, 1,991 sqft, 6,534 sqft lot single_family.
Is 721 Wellspring Dr a flip candidate?
No — 721 Wellspring Dr does not appear in our flips dataset.
Is 721 Wellspring Dr a tax-appeal candidate?
No — 721 Wellspring Dr 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
+0.4%
Implied 1-yr
+1.5%
2026 Q3
$658.9K
2026 Q4
$661.2K
ZIP 27540 — Median Price History + Forecast

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