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1005 Phar Lap Dr

Indian Trail, NC 28079

4 bd 3 ba 2,697 sqft Built 2007 Lot 8,712 sqft single_family
Most recent sale
$469,650
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2026 Listed for rent $2,865 FirstKeyHomes
May 13, 2022 Sold $469,650 MLS #3833728
Apr 9, 2022 Listed $465,000 MLS #3833728
Mar 22, 2022 Sold $330,000 Public Record
Apr 30, 2007 Sold $267,500 Public Record
Jan 10, 2007 Sold $295,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $400,100 $90,000 $490,100 $3,230
2024 $400,100 $90,000 $490,100 $2,553
2023 $250,400 $53,000 $303,400 $2,532
2022 $250,400 $53,000 $303,400 $2,532
2021 $250,400 $53,000 $303,400 $2,532
2020 $192,300 $40,000 $232,300 $2,293
2019 $192,300 $40,000 $232,300 $2,294
2018 $192,300 $40,000 $232,300 $2,294
2017 $192,300 $40,000 $232,300 $2,413
2016 $192,300 $40,000 $232,300 $2,365
2015 $192,300 $40,000 $232,300 $2,394
2014 $207,170 $42,000 $249,170 $2,028
2013 $207,170 $42,000 $249,170 $1,775
2012 $207,170 $42,000 $249,170 $1,775
2011 $207,170 $42,000 $249,170 $2,183
2010 $207,170 $42,000 $249,170 $1,775
2009 $207,170 $42,000 $249,170 $1,779
2008 $207,170 $42,000 $249,170 $1,779
2007 $39,000 $39,000 $292

Property facts

Year built
2007
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,697 sqft
Lot size
8,712 sqft
ZIP code
28079
City
Indian Trail
Street
Phar Lap Dr
Coordinates
35.08599, -80.61149

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
$3,641
Gross rental yield
9.30%
Implied cap rate
6.05%
Trend-extrapolated value

Frequently asked questions

When did 1005 Phar Lap Dr last sell?
1005 Phar Lap Dr most recently sold on May 13, 2022 for $469,650.
What is the current tax assessment for 1005 Phar Lap Dr?
The most recent total assessment for 1005 Phar Lap Dr (year 2025) is $490,100 with $3,230 in property tax.
How does 1005 Phar Lap Dr's assessment compare to its last sale price?
The current assessment is 4.4% above the last sale price of $469,650.
When was 1005 Phar Lap Dr built?
1005 Phar Lap Dr was built in 2007.
How does 1005 Phar Lap Dr compare to others on Phar Lap Dr?
We track 8 other properties on Phar Lap Dr. Browse the list under "Other properties on Phar Lap Dr" to compare beds, baths, and sale history.
What are the property facts for 1005 Phar Lap Dr?
1005 Phar Lap Dr is a 4 bed, 3 bath, 2,697 sqft, 8,712 sqft lot single_family.
Is 1005 Phar Lap Dr a flip candidate?
Yes — 1005 Phar Lap Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1005 Phar Lap Dr a tax-appeal candidate?
No — 1005 Phar Lap 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
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$412.3K
2026 Q4
$408.6K
ZIP 28079 — Median Price History + Forecast

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