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488 Somersby Pkwy

Laurel Park, NC 28739

3 bd 4 ba 3,648 sqft Built 2014 Lot 67,954 sqft single_family
Most recent sale
$1,150,000
Jan 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 27, 2023 Sold $1,150,000 CanopyMLS
Oct 15, 2022 Listed $1,295,000 CanopyMLS
Nov 21, 2003 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $611,700 $66,000 $677,700 $5,597
2024 $611,700 $66,000 $677,700 $5,597
2023 $611,700 $66,000 $677,700 $5,597
2022 $394,500 $66,000 $460,500 $4,586
2021 $394,500 $66,000 $460,500 $4,586
2020 $394,500 $66,000 $460,500 $4,586
2019 $394,500 $66,000 $460,500 $4,586
2018 $373,200 $72,100 $445,300 $2,515
2017 $373,200 $72,100 $445,300 $2,515
2016 $373,200 $72,100 $445,300 $2,515
2015 $373,200 $72,100 $445,300 $2,287
2014 $80,000 $80,000 $410
2013 $80,000 $80,000 $410
2012 $80,000 $80,000 $410
2010 $80,000 $80,000 $992
2009 $214,800 $214,800 $992
2008 $214,800 $214,800 $992
2007 $214,800 $214,800 $992

Property facts

Year built
2014
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
3,648 sqft
Lot size
67,954 sqft
ZIP code
28739
City
Laurel Park
Street
Somersby Pkwy
Coordinates
35.31012, -82.52374

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,925
Gross rental yield
5.14%
Implied cap rate
3.34%
Trend-extrapolated value

Frequently asked questions

When did 488 Somersby Pkwy last sell?
488 Somersby Pkwy most recently sold on Jan 27, 2023 for $1,150,000.
What is the current tax assessment for 488 Somersby Pkwy?
The most recent total assessment for 488 Somersby Pkwy (year 2025) is $677,700 with $5,597 in property tax.
How does 488 Somersby Pkwy's assessment compare to its last sale price?
The current assessment is 41.1% below the last sale price of $1,150,000.
When was 488 Somersby Pkwy built?
488 Somersby Pkwy was built in 2014.
How does 488 Somersby Pkwy compare to others on Somersby Pkwy?
We track 8 other properties on Somersby Pkwy. Browse the list under "Other properties on Somersby Pkwy" to compare beds, baths, and sale history.
What are the property facts for 488 Somersby Pkwy?
488 Somersby Pkwy is a 3 bed, 4 bath, 3,648 sqft, 67,954 sqft lot single_family.
Is 488 Somersby Pkwy a flip candidate?
No — 488 Somersby Pkwy does not appear in our flips dataset.
Is 488 Somersby Pkwy a tax-appeal candidate?
No — 488 Somersby Pkwy 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
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$358.4K
2026 Q4
$352K
ZIP 28739 — Median Price History + Forecast

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