109 Terrace Pl
Lincolnton, NC 28092
4 bd 2 ba 1,502 sqft Built 1977 Lot 23,522 sqft single_family
Most recent sale
$205,000
Aug 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 22, 2022 | Sold | $205,000 | MLS #3881947 |
| Jul 9, 2022 | Listed | $200,000 | MLS #3881947 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $202,275 | $27,000 | $229,275 | $2,290 |
| 2023 | $202,275 | $27,000 | $229,275 | $2,405 |
| 2022 | $103,997 | $21,000 | $124,997 | $1,588 |
| 2021 | $103,997 | $21,000 | $124,997 | $794 |
| 2020 | $103,997 | $21,000 | $124,997 | $724 |
| 2019 | $103,997 | $21,000 | $124,997 | $724 |
| 2018 | $98,435 | $20,500 | $118,935 | $1,393 |
| 2017 | $98,435 | $20,500 | $118,935 | $1,393 |
| 2016 | $98,435 | $20,500 | $118,935 | $1,393 |
| 2015 | $98,435 | $20,500 | $118,935 | $1,393 |
| 2014 | $108,278 | $22,500 | $130,778 | $1,514 |
| 2013 | $108,278 | $22,500 | $130,778 | $1,514 |
| 2012 | $108,278 | $22,500 | $130,778 | $1,514 |
| 2011 | $108,278 | $22,500 | $130,778 | $1,514 |
| 2010 | $107,431 | $25,000 | $132,431 | $1,496 |
| 2009 | $107,431 | $25,000 | $132,431 | $1,496 |
| 2008 | $107,431 | $25,000 | $132,431 | $1,496 |
| 2007 | $95,859 | $20,000 | $115,859 | $1,397 |
Property facts
Year built
1977
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,502 sqft
Lot size
23,522 sqft
ZIP code
28092
City
Lincolnton
Street
Terrace Pl
Coordinates
35.46715, -81.22842
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
$2,028
Gross rental yield
11.87%
Implied cap rate
7.72%
Trend-extrapolated value
—
Frequently asked questions
When did 109 Terrace Pl last sell?
109 Terrace Pl most recently sold on Aug 22, 2022 for $205,000.
What is the current tax assessment for 109 Terrace Pl?
The most recent total assessment for 109 Terrace Pl (year 2025) is $229,275 with $2,290 in property tax.
How does 109 Terrace Pl's assessment compare to its last sale price?
The current assessment is 11.8% above the last sale price of $205,000.
When was 109 Terrace Pl built?
109 Terrace Pl was built in 1977.
How does 109 Terrace Pl compare to others on Terrace Pl?
We track 8 other properties on Terrace Pl. Browse the list under "Other properties on Terrace Pl" to compare beds, baths, and sale history.
What are the property facts for 109 Terrace Pl?
109 Terrace Pl is a 4 bed, 2 bath, 1,502 sqft, 23,522 sqft lot single_family.
Is 109 Terrace Pl a flip candidate?
No — 109 Terrace Pl does not appear in our flips dataset.
Is 109 Terrace Pl a tax-appeal candidate?
No — 109 Terrace Pl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.8%
2026 Q3
$392.1K
2026 Q4
$401.8K
ZIP 28092 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Pl