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540 Bay Shores Rd

Merritt, NC 28556

3 bd 2 ba 1,624 sqft Built 1995 Lot 37,897 sqft single_family
Most recent sale
$330,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2023 Sold $277,000 Public Record
Feb 17, 2022 Sold $330,000 MLS #100254229
Jan 17, 2022 Relisted $339,000 MLS #100254229
May 11, 2021 Price changed $339,000 MLS #100254229
Jan 28, 2021 Listed $365,000 MLS #100254229
Oct 20, 2017 Listing removed $975 AppfolioUnits
Sep 28, 2017 Listed for rent $975 AppfolioUnits
Jun 11, 2014 Sold $365,000 Public Record
Apr 1, 2014 Sold $365,000 Public Record
Apr 1, 2010 Listing removed $900 NCRNeuseRiver
Mar 23, 2010 Listing removed $900 NCRNeuseRiver
Feb 13, 2010 Price changed for rent $900 NCRNeuseRiver
Feb 1, 2009 Listed for rent $900 NCRNeuseRiver
Jun 1, 2007 Listing removed $1,000 NCRNeuseRiver
Sep 2, 2005 Listed for rent $1,000 NCRNeuseRiver

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $118,980 $82,538 $201,518 $1,383
2020 $118,980 $82,538 $201,518 $1,383
2019 $142,681 $85,000 $227,681 $1,563
2018 $142,681 $85,000 $227,681 $1,576
2017 $142,681 $85,000 $227,681 $1,563
2016 $142,681 $85,000 $227,681 $1,563
2015 $142,681 $85,000 $227,681 $1,563
2014 $140,429 $85,000 $225,429 $1,547
2013 $113,046 $85,000 $198,046 $1,359
2012 $124,249 $85,000 $209,249 $1,436
2011 $102,972 $75,000 $177,972 $1,286
2010 $102,972 $75,000 $177,972 $1,286
2009 $102,972 $75,000 $177,972 $1,286

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,624 sqft
Lot size
37,897 sqft
ZIP code
28556
City
Merritt
Street
Bay Shores Rd
Coordinates
35.14060, -76.67991

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
$2,192
Gross rental yield
7.97%
Implied cap rate
5.18%
Trend-extrapolated value

Frequently asked questions

When did 540 Bay Shores Rd last sell?
540 Bay Shores Rd most recently sold on Feb 17, 2022 for $330,000.
What is the current tax assessment for 540 Bay Shores Rd?
The most recent total assessment for 540 Bay Shores Rd (year 2021) is $201,518 with $1,383 in property tax.
How does 540 Bay Shores Rd's assessment compare to its last sale price?
The current assessment is 38.9% below the last sale price of $330,000.
When was 540 Bay Shores Rd built?
540 Bay Shores Rd was built in 1995.
How does 540 Bay Shores Rd compare to others on Bay Shores Rd?
We track 8 other properties on Bay Shores Rd. Browse the list under "Other properties on Bay Shores Rd" to compare beds, baths, and sale history.
What are the property facts for 540 Bay Shores Rd?
540 Bay Shores Rd is a 3 bed, 2 bath, 1,624 sqft, 37,897 sqft lot single_family.
Is 540 Bay Shores Rd a flip candidate?
No — 540 Bay Shores Rd does not appear in our flips dataset.
Is 540 Bay Shores Rd a tax-appeal candidate?
No — 540 Bay Shores 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
-4.8%
Implied 1-yr
-19.3%
2026 Q3
$360.8K
2026 Q4
$360.8K
ZIP 28556 — Median Price History + Forecast

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