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1506 Forkhorn Dr

Monroe, NC 28110

5 bd 3 ba 2,306 sqft Built 2022 Lot 9,409 sqft single_family
Most recent sale
$391,739
Feb 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 16, 2022 Sold $391,739 MLS #3798990

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $331,800 $81,400 $413,200 $3,612
2024 $331,800 $81,400 $413,200 $3,040
2023 $229,700 $47,500 $277,200 $3,022
2022 $160,800 $47,500 $208,300 $2,271

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,306 sqft
Lot size
9,409 sqft
ZIP code
28110
City
Monroe
Street
Forkhorn Dr
Coordinates
35.01743, -80.56348

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
$3,113
Gross rental yield
9.54%
Implied cap rate
6.20%
Trend-extrapolated value

Frequently asked questions

When did 1506 Forkhorn Dr last sell?
1506 Forkhorn Dr most recently sold on Feb 16, 2022 for $391,739.
What is the current tax assessment for 1506 Forkhorn Dr?
The most recent total assessment for 1506 Forkhorn Dr (year 2025) is $413,200 with $3,612 in property tax.
How does 1506 Forkhorn Dr's assessment compare to its last sale price?
The current assessment is 5.5% above the last sale price of $391,739.
When was 1506 Forkhorn Dr built?
1506 Forkhorn Dr was built in 2022.
How does 1506 Forkhorn Dr compare to others on Forkhorn Dr?
We track 8 other properties on Forkhorn Dr. Browse the list under "Other properties on Forkhorn Dr" to compare beds, baths, and sale history.
What are the property facts for 1506 Forkhorn Dr?
1506 Forkhorn Dr is a 5 bed, 3 bath, 2,306 sqft, 9,409 sqft lot single_family.
Is 1506 Forkhorn Dr a flip candidate?
No — 1506 Forkhorn Dr does not appear in our flips dataset.
Is 1506 Forkhorn Dr a tax-appeal candidate?
No — 1506 Forkhorn Dr 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$498.5K
2026 Q4
$502K
ZIP 28110 — Median Price History + Forecast

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