1516 Tramway Ct
Midway Park, NC 28544
2 bd 2 ba 940 sqft Built 1990 Lot 4,792 sqft townhomes
Most recent sale
$113,750
May 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 7, 2025 | Listing removed | $1,000 | HiveMLS |
| May 30, 2024 | Listing removed | $1,000 | HiveMLS |
| Mar 21, 2023 | Listing removed | $1,000 | NCRJacksonville |
| Mar 20, 2023 | Listed for rent | $1,000 | NCRJacksonville |
| Oct 30, 2022 | Listing removed | $1,000 | NCRJacksonville |
| May 3, 2022 | Sold | $113,750 | MLS #100316836 |
| Mar 14, 2022 | Listed | $105,000 | MLS #100316836 |
| Jun 15, 2020 | Sold | $79,000 | MLS #100197948 |
| Apr 27, 2020 | Relisted | $82,500 | MLS #100197948 |
| Jan 3, 2020 | Listed | $82,500 | MLS #100197948 |
| May 20, 1994 | Sold | $44,750 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $78,440 | $12,000 | $90,440 | $592 |
| 2023 | $78,440 | $12,000 | $90,440 | $592 |
| 2022 | $78,440 | $12,000 | $90,440 | $592 |
| 2021 | $26,940 | $10,000 | $36,940 | $260 |
| 2020 | $26,940 | $10,000 | $36,940 | $260 |
| 2019 | $26,940 | $10,000 | $36,940 | $260 |
| 2018 | $26,940 | $10,000 | $36,940 | $260 |
| 2017 | $62,800 | $12,000 | $74,800 | $504 |
| 2016 | $62,800 | $12,000 | $74,800 | $504 |
| 2015 | $62,800 | $12,000 | $74,800 | $504 |
| 2014 | $62,800 | $12,000 | $74,800 | $504 |
| 2013 | $65,380 | $18,000 | $83,380 | $487 |
| 2012 | $65,380 | $18,000 | $83,380 | $487 |
| 2011 | $65,380 | $18,000 | $83,380 | $487 |
| 2010 | $65,380 | $18,000 | $83,380 | $487 |
| 2009 | — | — | $59,394 | $350 |
| 2008 | $48,894 | $10,500 | $59,394 | $298 |
| 2007 | $48,894 | $10,500 | $59,394 | $298 |
Property facts
Year built
1990
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
940 sqft
Lot size
4,792 sqft
ZIP code
28544
City
Midway Park
Street
Tramway Ct
Coordinates
34.72592, -77.32932
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
$1,269
Gross rental yield
13.39%
Implied cap rate
8.70%
Trend-extrapolated value
—
Frequently asked questions
When did 1516 Tramway Ct last sell?
1516 Tramway Ct most recently sold on May 3, 2022 for $113,750.
What is the current tax assessment for 1516 Tramway Ct?
The most recent total assessment for 1516 Tramway Ct (year 2025) is $90,440 with $592 in property tax.
How does 1516 Tramway Ct's assessment compare to its last sale price?
The current assessment is 20.5% below the last sale price of $113,750.
When was 1516 Tramway Ct built?
1516 Tramway Ct was built in 1990.
How does 1516 Tramway Ct compare to others on Tramway Ct?
We track 5 other properties on Tramway Ct. Browse the list under "Other properties on Tramway Ct" to compare beds, baths, and sale history.
What are the property facts for 1516 Tramway Ct?
1516 Tramway Ct is a 2 bed, 2 bath, 940 sqft, 4,792 sqft lot townhomes.
Is 1516 Tramway Ct a flip candidate?
Yes — 1516 Tramway Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1516 Tramway Ct a tax-appeal candidate?
No — 1516 Tramway Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$235.3K
2026 Q4
$240.4K
ZIP 28544 — Median Price History + Forecast
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Geography
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