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701 Caroline Ave

Lowell, NC 28098

3 bd 2 ba 1,421 sqft Built 1924 Lot 27,007 sqft single_family
Most recent sale
$307,000
Dec 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 7, 2022 Sold $307,000 CanopyMLS
Oct 20, 2022 Listed $299,999 CanopyMLS
Nov 18, 2003 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $247,280 $22,000 $269,280 $2,878
2024 $247,280 $22,000 $269,280 $2,878
2023 $247,280 $22,000 $269,280 $3,190
2022 $104,150 $17,000 $121,150 $1,708
2021 $104,150 $17,000 $121,150 $1,599
2020 $104,150 $17,000 $121,150 $1,526
2019 $104,150 $17,000 $121,150 $1,538
2018 $79,622 $14,400 $94,022 $1,222
2017 $79,622 $14,400 $94,022 $1,222
2016 $79,622 $14,400 $94,022 $1,222
2015 $79,622 $14,400 $94,022 $1,222
2014 $75,227 $18,000 $93,227 $1,211
2013 $75,227 $18,000 $93,227 $1,183
2012 $75,227 $18,000 $93,227 $1,151
2010 $75,227 $18,000 $93,227 $1,151
2009 $75,227 $18,000 $93,227 $1,151
2008 $75,227 $18,000 $93,227 $1,151
2007 $75,227 $18,000 $93,227 $1,156

Property facts

Year built
1924
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,421 sqft
Lot size
27,007 sqft
ZIP code
28098
City
Lowell
Street
Caroline Ave
Coordinates
35.26892, -81.08886

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,918
Gross rental yield
7.50%
Implied cap rate
4.87%
Trend-extrapolated value

Frequently asked questions

When did 701 Caroline Ave last sell?
701 Caroline Ave most recently sold on Dec 7, 2022 for $307,000.
What is the current tax assessment for 701 Caroline Ave?
The most recent total assessment for 701 Caroline Ave (year 2025) is $269,280 with $2,878 in property tax.
How does 701 Caroline Ave's assessment compare to its last sale price?
The current assessment is 12.3% below the last sale price of $307,000.
When was 701 Caroline Ave built?
701 Caroline Ave was built in 1924.
How does 701 Caroline Ave compare to others on Caroline Ave?
We track 8 other properties on Caroline Ave. Browse the list under "Other properties on Caroline Ave" to compare beds, baths, and sale history.
What are the property facts for 701 Caroline Ave?
701 Caroline Ave is a 3 bed, 2 bath, 1,421 sqft, 27,007 sqft lot single_family.
Is 701 Caroline Ave a flip candidate?
No — 701 Caroline Ave does not appear in our flips dataset.
Is 701 Caroline Ave a tax-appeal candidate?
No — 701 Caroline Ave 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
+4.4%
Implied 1-yr
+17.5%
2026 Q1
$292K
2026 Q2
$302K
ZIP 28098 — Median Price History + Forecast

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