1109 Phar Lap Dr
Indian Trail, NC 28079
3 bd 2 ba 2,094 sqft Built 2007 Lot 8,712 sqft single_family
Most recent sale
$460,000
Oct 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 25, 2022 | Sold | $460,000 | MLS #3903855 |
| Sep 15, 2022 | Listed | $447,600 | MLS #3903855 |
| May 21, 2020 | Sold | $275,000 | Public Record |
| Aug 29, 2008 | Sold | $231,000 | MLS #676927 |
| May 3, 2007 | Listed | $234,990 | MLS #676927 |
| Apr 23, 2007 | Sold | $505,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $352,500 | $90,000 | $442,500 | $2,922 |
| 2024 | $352,500 | $90,000 | $442,500 | $2,356 |
| 2023 | $226,500 | $53,000 | $279,500 | $2,336 |
| 2022 | $226,500 | $53,000 | $279,500 | $2,336 |
| 2021 | $226,500 | $53,000 | $279,500 | $2,337 |
| 2020 | $168,200 | $40,000 | $208,200 | $2,061 |
| 2019 | $168,200 | $40,000 | $208,200 | $2,062 |
| 2018 | $168,200 | $40,000 | $208,200 | $2,062 |
| 2017 | $168,200 | $40,000 | $208,200 | $2,169 |
| 2016 | $168,200 | $40,000 | $208,200 | $2,124 |
| 2015 | $168,200 | $40,000 | $208,200 | $2,151 |
| 2014 | $182,480 | $42,000 | $224,480 | $1,827 |
| 2013 | $182,480 | $42,000 | $224,480 | $1,600 |
| 2012 | $182,480 | $42,000 | $224,480 | $1,600 |
| 2011 | $182,480 | $42,000 | $224,480 | $1,971 |
| 2010 | $182,480 | $42,000 | $224,480 | $1,600 |
| 2009 | $182,480 | $42,000 | $224,480 | $1,603 |
| 2008 | $182,480 | $42,000 | $224,480 | $1,603 |
| 2007 | — | $39,000 | $39,000 | $292 |
Property facts
Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,094 sqft
Lot size
8,712 sqft
ZIP code
28079
City
Indian Trail
Street
Phar Lap Dr
Coordinates
35.08706, -80.61044
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
$2,827
Gross rental yield
7.37%
Implied cap rate
4.79%
Trend-extrapolated value
—
Frequently asked questions
When did 1109 Phar Lap Dr last sell?
1109 Phar Lap Dr most recently sold on Oct 25, 2022 for $460,000.
What is the current tax assessment for 1109 Phar Lap Dr?
The most recent total assessment for 1109 Phar Lap Dr (year 2025) is $442,500 with $2,922 in property tax.
How does 1109 Phar Lap Dr's assessment compare to its last sale price?
The current assessment is 3.8% below the last sale price of $460,000.
When was 1109 Phar Lap Dr built?
1109 Phar Lap Dr was built in 2007.
How does 1109 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 1109 Phar Lap Dr?
1109 Phar Lap Dr is a 3 bed, 2 bath, 2,094 sqft, 8,712 sqft lot single_family.
Is 1109 Phar Lap Dr a flip candidate?
No — 1109 Phar Lap Dr does not appear in our flips dataset.
Is 1109 Phar Lap Dr a tax-appeal candidate?
No — 1109 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 valuationQuarterly trend
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$412.3K
2026 Q4
$408.6K
ZIP 28079 — Median Price History + Forecast
Explore nearby
Geography
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