361 Terrace Dr
Lake Lure, NC 28746
2 bd 1 ba 576 sqft Built 1942 Lot 13,068 sqft single_family
Most recent sale
$215,885
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $215,885 | MLS #3851428 |
| Apr 22, 2022 | Listed | $225,000 | MLS #3851428 |
| Apr 15, 2021 | Sold | $145,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $14,500 | $55,000 | $69,500 | $704 |
| 2020 | $14,500 | $55,000 | $69,500 | $696 |
| 2019 | $14,500 | $55,000 | $69,500 | $688 |
| 2018 | $8,500 | $21,600 | $30,100 | $375 |
| 2017 | $8,500 | $21,600 | $30,100 | $355 |
| 2016 | $8,500 | $21,600 | $30,100 | $348 |
| 2015 | $8,500 | $21,600 | $30,100 | $343 |
| 2014 | $8,500 | $21,600 | $30,100 | $340 |
| 2013 | $8,500 | $21,600 | $30,100 | $340 |
| 2012 | $8,500 | $21,600 | $30,100 | $340 |
| 2011 | $7,500 | $21,600 | $29,100 | $310 |
| 2010 | $7,500 | $21,600 | $29,100 | $290 |
| 2009 | $7,500 | $21,600 | $29,100 | $290 |
| 2008 | $7,500 | $21,600 | $29,100 | $290 |
Property facts
Year built
1942
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
576 sqft
Lot size
13,068 sqft
ZIP code
28746
City
Lake Lure
Street
Terrace Dr
Coordinates
35.43855, -82.24195
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$778
Gross rental yield
4.32%
Implied cap rate
2.81%
Trend-extrapolated value
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Frequently asked questions
When did 361 Terrace Dr last sell?
361 Terrace Dr most recently sold on May 20, 2022 for $215,885.
What is the current tax assessment for 361 Terrace Dr?
The most recent total assessment for 361 Terrace Dr (year 2021) is $69,500 with $704 in property tax.
How does 361 Terrace Dr's assessment compare to its last sale price?
The current assessment is 67.8% below the last sale price of $215,885.
When was 361 Terrace Dr built?
361 Terrace Dr was built in 1942.
How does 361 Terrace Dr compare to others on Terrace Dr?
We track 8 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 361 Terrace Dr?
361 Terrace Dr is a 2 bed, 1 bath, 576 sqft, 13,068 sqft lot single_family.
Is 361 Terrace Dr a flip candidate?
Yes — 361 Terrace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 361 Terrace Dr a tax-appeal candidate?
No — 361 Terrace 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
+3.9%
Implied 1-yr
+15.5%
2026 Q3
$513.8K
2026 Q4
$513.8K
ZIP 28746 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Dr