3107 Drake Ln
Monroe, NC 28110
3 bd 3 ba 1,844 sqft Built 1997 Lot 50,530 sqft single_family
Most recent sale
$510,000
Jun 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2022 | Sold | $510,000 | MLS #3863745 |
| May 27, 2022 | Listed | $465,000 | MLS #3863745 |
| Sep 28, 2017 | Sold | $270,000 | Public Record |
| Apr 7, 2004 | Sold | $172,000 | Public Record |
| Sep 29, 1997 | Sold | $161,000 | Public Record |
| Sep 29, 1995 | Sold | $800,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $355,400 | $84,600 | $440,000 | $3,846 |
| 2024 | $355,400 | $84,600 | $440,000 | $3,540 |
| 2023 | $259,900 | $53,000 | $312,900 | $3,412 |
| 2022 | $254,800 | $53,000 | $307,800 | $3,356 |
| 2021 | $254,800 | $53,000 | $307,800 | $3,357 |
| 2020 | $169,400 | $46,200 | $215,600 | $2,905 |
| 2019 | $169,400 | $46,200 | $215,600 | $2,905 |
| 2018 | $169,400 | $46,200 | $215,600 | $2,905 |
| 2017 | $169,400 | $46,200 | $215,600 | $2,948 |
| 2016 | $169,400 | $46,200 | $215,600 | $2,917 |
| 2015 | $169,400 | $46,170 | $215,570 | $2,938 |
| 2014 | $195,550 | $45,000 | $240,550 | $1,832 |
| 2013 | $195,550 | $45,000 | $240,550 | $1,588 |
| 2012 | $195,550 | $45,000 | $240,550 | $1,588 |
| 2011 | $195,550 | $45,000 | $240,550 | $2,935 |
| 2010 | $195,550 | $45,000 | $240,550 | $1,600 |
| 2009 | $195,550 | $45,000 | $240,550 | $1,600 |
| 2008 | $195,550 | $45,000 | $240,550 | $1,600 |
| 2007 | $156,380 | $30,000 | $186,380 | $1,325 |
Property facts
Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,844 sqft
Lot size
50,530 sqft
ZIP code
28110
City
Monroe
Street
Drake Ln
Coordinates
35.01989, -80.50032
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
$2,489
Gross rental yield
5.86%
Implied cap rate
3.81%
Trend-extrapolated value
—
Frequently asked questions
When did 3107 Drake Ln last sell?
3107 Drake Ln most recently sold on Jun 27, 2022 for $510,000.
What is the current tax assessment for 3107 Drake Ln?
The most recent total assessment for 3107 Drake Ln (year 2025) is $440,000 with $3,846 in property tax.
How does 3107 Drake Ln's assessment compare to its last sale price?
The current assessment is 13.7% below the last sale price of $510,000.
When was 3107 Drake Ln built?
3107 Drake Ln was built in 1997.
How does 3107 Drake Ln compare to others on Drake Ln?
We track 8 other properties on Drake Ln. Browse the list under "Other properties on Drake Ln" to compare beds, baths, and sale history.
What are the property facts for 3107 Drake Ln?
3107 Drake Ln is a 3 bed, 3 bath, 1,844 sqft, 50,530 sqft lot single_family.
Is 3107 Drake Ln a flip candidate?
No — 3107 Drake Ln does not appear in our flips dataset.
Is 3107 Drake Ln a tax-appeal candidate?
No — 3107 Drake Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$498.5K
2026 Q4
$502K
ZIP 28110 — Median Price History + Forecast
Explore nearby
Geography
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