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511 Reservoir Rd

Marion, NC 28752

4 bd 3 ba 2,448 sqft Built 1961 Lot 13,648 sqft single_family
Most recent sale
$80,000
Mar 9, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2024 Sold $343,500 Public Record
Mar 12, 2024 Price changed $370,000 CanopyMLS
Feb 22, 2024 Listed $385,000 CanopyMLS
Mar 9, 2023 Sold $80,000 Public Record
Aug 9, 2012 Listing removed $68,900 McDowell
Feb 8, 2012 Price changed $68,900 McDowell
Sep 13, 2011 Relisted $79,900 McDowell
Sep 9, 2011 Listing removed $79,900 McDowell
Mar 10, 2011 Listed $79,900 McDowell

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $105,190 $25,000 $130,190 $930
2023 $81,840 $25,000 $106,840 $738
2022 $76,710 $10,000 $86,710 $608
2021 $76,710 $10,000 $86,710 $608
2020 $76,710 $10,000 $86,710 $605
2019 $76,710 $10,000 $86,710 $605
2018 $62,580 $8,000 $70,580 $478
2017 $62,580 $8,000 $70,580 $452
2016 $62,580 $8,000 $70,580 $452
2015 $62,580 $8,000 $70,580 $444
2014 $70,580 $444
2013 $70,580 $438
2012 $70,580 $438
2011 $70,580 $434
2009 $66,330 $410
2008 $66,330 $397

Property facts

Year built
1961
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,448 sqft
Lot size
13,648 sqft
ZIP code
28752
City
Marion
Street
Reservoir Rd
Coordinates
35.68585, -82.02323

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
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 511 Reservoir Rd last sell?
511 Reservoir Rd most recently sold on Mar 9, 2023 for $80,000.
What is the current tax assessment for 511 Reservoir Rd?
The most recent total assessment for 511 Reservoir Rd (year 2025) is $130,190 with $930 in property tax.
How does 511 Reservoir Rd's assessment compare to its last sale price?
The current assessment is 62.7% above the last sale price of $80,000.
When was 511 Reservoir Rd built?
511 Reservoir Rd was built in 1961.
How does 511 Reservoir Rd compare to others on Reservoir Rd?
We track 8 other properties on Reservoir Rd. Browse the list under "Other properties on Reservoir Rd" to compare beds, baths, and sale history.
What are the property facts for 511 Reservoir Rd?
511 Reservoir Rd is a 4 bed, 3 bath, 2,448 sqft, 13,648 sqft lot single_family.
Is 511 Reservoir Rd a flip candidate?
Yes — 511 Reservoir Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 511 Reservoir Rd a tax-appeal candidate?
No — 511 Reservoir Rd 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
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$329.5K
2026 Q4
$330.8K
ZIP 28752 — Median Price History + Forecast

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