3108 Drake Ln
Monroe, NC 28110
3 bd 2 ba 2,005 sqft Built 1996 Lot 40,293 sqft single_family
Most recent sale
$443,650
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $443,650 | MLS #3842178 |
| Mar 25, 2022 | Listed | $395,000 | MLS #3842178 |
| Aug 4, 2004 | Sold | $182,000 | Public Record |
| Oct 14, 1996 | Sold | $152,000 | Public Record |
| Sep 29, 1995 | Sold | $800,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $341,200 | $82,300 | $423,500 | $3,702 |
| 2024 | $341,200 | $82,300 | $423,500 | $3,150 |
| 2023 | $236,300 | $52,600 | $288,900 | $3,150 |
| 2022 | $236,300 | $52,600 | $288,900 | $3,150 |
| 2021 | $236,300 | $52,600 | $288,900 | $3,150 |
| 2020 | $157,400 | $44,400 | $201,800 | $2,719 |
| 2019 | $157,400 | $44,400 | $201,800 | $2,719 |
| 2018 | $157,400 | $44,400 | $201,800 | $2,719 |
| 2017 | $157,400 | $44,400 | $201,800 | $2,759 |
| 2016 | $157,400 | $44,400 | $201,800 | $2,730 |
| 2015 | $157,400 | $44,440 | $201,840 | $2,750 |
| 2014 | $161,510 | $45,000 | $206,510 | $1,572 |
| 2013 | $161,510 | $45,000 | $206,510 | $1,363 |
| 2012 | $161,510 | $45,000 | $206,510 | $1,363 |
| 2011 | $161,510 | $45,000 | $206,510 | $2,519 |
| 2010 | $161,510 | $45,000 | $206,510 | $1,373 |
| 2009 | $161,510 | $45,000 | $206,510 | $1,373 |
| 2008 | $161,510 | $45,000 | $206,510 | $1,373 |
| 2007 | $147,640 | $30,000 | $177,640 | $1,263 |
Property facts
Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,005 sqft
Lot size
40,293 sqft
ZIP code
28110
City
Monroe
Street
Drake Ln
Coordinates
35.02040, -80.49942
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
$2,707
Gross rental yield
7.32%
Implied cap rate
4.76%
Trend-extrapolated value
—
Frequently asked questions
When did 3108 Drake Ln last sell?
3108 Drake Ln most recently sold on Apr 29, 2022 for $443,650.
What is the current tax assessment for 3108 Drake Ln?
The most recent total assessment for 3108 Drake Ln (year 2025) is $423,500 with $3,702 in property tax.
How does 3108 Drake Ln's assessment compare to its last sale price?
The current assessment is 4.5% below the last sale price of $443,650.
When was 3108 Drake Ln built?
3108 Drake Ln was built in 1996.
How does 3108 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 3108 Drake Ln?
3108 Drake Ln is a 3 bed, 2 bath, 2,005 sqft, 40,293 sqft lot single_family.
Is 3108 Drake Ln a flip candidate?
No — 3108 Drake Ln does not appear in our flips dataset.
Is 3108 Drake Ln a tax-appeal candidate?
No — 3108 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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