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515 Elm St

Locust, NC 28097

3 bd 2 ba 1,300 sqft Built 1989 Lot 47,916 sqft single_family
Most recent sale
$300,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $300,000 MLS #3847217
Apr 12, 2022 Listed $299,900 MLS #3847217
May 15, 2020 Sold $197,000 MLS #3604102
Feb 1, 2017 Sold $114,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $185,723 $56,700 $242,423 $2,350
2023 $107,053 $33,600 $140,653 $1,653
2022 $107,053 $33,600 $140,653 $1,639
2021 $107,053 $33,600 $140,653 $1,625
2020 $75,574 $29,450 $105,024 $1,294
2019 $75,574 $29,450 $105,024 $1,307
2018 $75,574 $29,450 $105,024 $1,294
2017 $75,574 $29,450 $105,024 $1,187
2016 $76,768 $27,400 $104,168 $1,177
2015 $76,768 $27,400 $104,168 $1,268
2014 $76,768 $27,400 $104,168 $1,161
2013 $76,768 $27,400 $104,168 $1,161
2012 $77,401 $23,350 $100,751 $1,238
2011 $77,401 $23,350 $100,751 $1,238
2010 $77,401 $23,350 $100,751 $1,238
2009 $77,401 $23,350 $100,751 $1,214
2008 $77,401 $23,350 $100,751 $1,214
2007 $77,401 $23,350 $100,751 $1,121

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,300 sqft
Lot size
47,916 sqft
ZIP code
28097
City
Locust
Street
Elm St
Coordinates
35.25526, -80.41705

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,755
Gross rental yield
7.02%
Implied cap rate
4.56%
Trend-extrapolated value

Frequently asked questions

When did 515 Elm St last sell?
515 Elm St most recently sold on May 26, 2022 for $300,000.
What is the current tax assessment for 515 Elm St?
The most recent total assessment for 515 Elm St (year 2025) is $242,423 with $2,350 in property tax.
How does 515 Elm St's assessment compare to its last sale price?
The current assessment is 19.2% below the last sale price of $300,000.
When was 515 Elm St built?
515 Elm St was built in 1989.
How does 515 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 515 Elm St?
515 Elm St is a 3 bed, 2 bath, 1,300 sqft, 47,916 sqft lot single_family.
Is 515 Elm St a flip candidate?
No — 515 Elm St does not appear in our flips dataset.
Is 515 Elm St a tax-appeal candidate?
No — 515 Elm St 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
+0.3%
Implied 1-yr
+1.0%
2026 Q3
$400.4K
2026 Q4
$401.3K
ZIP 28097 — Median Price History + Forecast

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