5505 Palmers Branch Dr
Leland, NC 28451
3 bd 2 ba 1,476 sqft Built 1989 Lot 14,810 sqft single_family
Most recent sale
$261,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $261,000 | MLS #100318716 |
| Mar 25, 2022 | Listed | $250,000 | MLS #100318716 |
| Mar 9, 2018 | Sold | $133,000 | MLS #30429200 |
| Jul 15, 2009 | Listed | $129,900 | MLS #30429200 |
| Jul 15, 2009 | Sold | $133,000 | Public Record |
| Jun 7, 2009 | Listing removed | $129,900 | NCRCapeFear |
| May 10, 2009 | Price changed | $139,900 | MLS #429200 |
| Feb 10, 2009 | Listed | $145,900 | MLS #429200 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $206,090 | $40,000 | $246,090 | $1,041 |
| 2024 | $206,090 | $40,000 | $246,090 | $1,012 |
| 2023 | $206,090 | $40,000 | $246,090 | $1,012 |
| 2022 | $107,760 | $25,000 | $132,760 | $795 |
| 2021 | $107,760 | $25,000 | $132,760 | $781 |
| 2020 | $107,760 | $25,000 | $132,760 | $781 |
| 2019 | $107,760 | $25,000 | $132,760 | $781 |
| 2018 | $95,550 | $20,000 | $115,550 | $685 |
| 2017 | $95,550 | $20,000 | $115,550 | $685 |
| 2016 | $95,550 | $20,000 | $115,550 | $660 |
| 2015 | $95,550 | $20,000 | $115,550 | $660 |
| 2014 | $94,685 | $20,000 | $114,685 | $607 |
| 2013 | $94,685 | $20,000 | $114,685 | $607 |
| 2012 | $94,685 | $20,000 | $114,685 | $607 |
| 2010 | $94,685 | $20,000 | $114,685 | $495 |
| 2009 | $104,740 | $25,000 | $129,740 | $495 |
| 2008 | $104,740 | $25,000 | $129,740 | $395 |
Property facts
Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,476 sqft
Lot size
14,810 sqft
ZIP code
28451
City
Leland
Street
Palmers Branch Dr
Coordinates
34.17006, -78.10541
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,993
Gross rental yield
9.16%
Implied cap rate
5.96%
Trend-extrapolated value
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Frequently asked questions
When did 5505 Palmers Branch Dr last sell?
5505 Palmers Branch Dr most recently sold on May 12, 2022 for $261,000.
What is the current tax assessment for 5505 Palmers Branch Dr?
The most recent total assessment for 5505 Palmers Branch Dr (year 2025) is $246,090 with $1,041 in property tax.
How does 5505 Palmers Branch Dr's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $261,000.
When was 5505 Palmers Branch Dr built?
5505 Palmers Branch Dr was built in 1989.
How does 5505 Palmers Branch Dr compare to others on Palmers Branch Dr?
We track 8 other properties on Palmers Branch Dr. Browse the list under "Other properties on Palmers Branch Dr" to compare beds, baths, and sale history.
What are the property facts for 5505 Palmers Branch Dr?
5505 Palmers Branch Dr is a 3 bed, 2 bath, 1,476 sqft, 14,810 sqft lot single_family.
Is 5505 Palmers Branch Dr a flip candidate?
No — 5505 Palmers Branch Dr does not appear in our flips dataset.
Is 5505 Palmers Branch Dr a tax-appeal candidate?
No — 5505 Palmers Branch 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
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$447.6K
2026 Q4
$443.5K
ZIP 28451 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palmers Branch Dr