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1015 Fairbrae Ln

Indian Trail, NC 28079

4 bd 4 ba 2,778 sqft Built 2020 single_family
Most recent sale
$387,500
Feb 5, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 16, 2024 Price changed $572,500 CanopyMLS
Mar 7, 2024 Listed $575,000 CanopyMLS
Feb 5, 2021 Sold $387,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $456,100 $114,000 $570,100 $3,747
2024 $456,100 $114,000 $570,100 $2,922
2023 $288,200 $66,400 $354,600 $2,897
2022 $288,200 $66,400 $354,600 $2,897
2021 $247,900 $66,400 $314,300 $2,568
2020 $53,000 $53,000 $13

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,778 sqft
Lot size
ZIP code
28079
City
Indian Trail
Street
Fairbrae Ln
Coordinates
35.09899, -80.61349

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
$3,750
Gross rental yield
11.61%
Implied cap rate
7.55%
Trend-extrapolated value

Frequently asked questions

When did 1015 Fairbrae Ln last sell?
1015 Fairbrae Ln most recently sold on Feb 5, 2021 for $387,500.
What is the current tax assessment for 1015 Fairbrae Ln?
The most recent total assessment for 1015 Fairbrae Ln (year 2025) is $570,100 with $3,747 in property tax.
How does 1015 Fairbrae Ln's assessment compare to its last sale price?
The current assessment is 47.1% above the last sale price of $387,500.
When was 1015 Fairbrae Ln built?
1015 Fairbrae Ln was built in 2020.
How does 1015 Fairbrae Ln compare to others on Fairbrae Ln?
We track 8 other properties on Fairbrae Ln. Browse the list under "Other properties on Fairbrae Ln" to compare beds, baths, and sale history.
What are the property facts for 1015 Fairbrae Ln?
1015 Fairbrae Ln is a 4 bed, 4 bath, 2,778 sqft single_family.
Is 1015 Fairbrae Ln a flip candidate?
No — 1015 Fairbrae Ln does not appear in our flips dataset.
Is 1015 Fairbrae Ln a tax-appeal candidate?
Yes — 1015 Fairbrae Ln 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
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$412.3K
2026 Q4
$408.6K
ZIP 28079 — Median Price History + Forecast

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