2007 Formosa Dr
Monroe, NC 28110
6 bd 3 ba 3,055 sqft Built 2002 Lot 15,246 sqft single_family
Most recent sale
$475,000
Mar 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 30, 2022 | Sold | $475,000 | MLS #3829517 |
| Mar 4, 2022 | Listed | $450,000 | MLS #3829517 |
| Aug 18, 2006 | Sold | $263,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $402,500 | $81,000 | $483,500 | $3,221 |
| 2024 | $402,500 | $81,000 | $483,500 | $2,893 |
| 2023 | $284,900 | $35,000 | $319,900 | $2,692 |
| 2022 | $265,300 | $54,600 | $319,900 | $2,635 |
| 2021 | $265,300 | $54,600 | $319,900 | $2,633 |
| 2020 | $195,500 | $35,000 | $230,500 | $2,287 |
| 2019 | $195,500 | $35,000 | $230,500 | $2,264 |
| 2018 | $195,500 | $35,000 | $230,500 | $2,264 |
| 2017 | $195,500 | $35,000 | $230,500 | $2,380 |
| 2016 | $195,500 | $35,000 | $230,500 | $2,322 |
| 2015 | $195,500 | $35,000 | $230,500 | $2,259 |
| 2014 | $195,340 | $44,000 | $239,340 | $1,912 |
| 2013 | $195,340 | $44,000 | $239,340 | $1,661 |
| 2012 | $195,340 | $44,000 | $239,340 | $1,652 |
| 2011 | $195,340 | $44,000 | $239,340 | $2,046 |
| 2010 | $195,340 | $44,000 | $239,340 | $1,653 |
| 2009 | $195,340 | $44,000 | $239,340 | $1,632 |
| 2008 | $195,340 | $44,000 | $239,340 | $1,632 |
| 2007 | $185,200 | $32,400 | $217,600 | $1,584 |
Property facts
Year built
2002
Property type
single_family
Stories
2
Beds
6
Baths
3
Living area
3,055 sqft
Lot size
15,246 sqft
ZIP code
28110
City
Monroe
Street
Formosa Dr
Coordinates
35.03237, -80.65479
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,124
Gross rental yield
10.42%
Implied cap rate
6.77%
Trend-extrapolated value
—
Frequently asked questions
When did 2007 Formosa Dr last sell?
2007 Formosa Dr most recently sold on Mar 30, 2022 for $475,000.
What is the current tax assessment for 2007 Formosa Dr?
The most recent total assessment for 2007 Formosa Dr (year 2025) is $483,500 with $3,221 in property tax.
How does 2007 Formosa Dr's assessment compare to its last sale price?
The current assessment is 1.8% above the last sale price of $475,000.
When was 2007 Formosa Dr built?
2007 Formosa Dr was built in 2002.
How does 2007 Formosa Dr compare to others on Formosa Dr?
We do not currently track other properties on Formosa Dr.
What are the property facts for 2007 Formosa Dr?
2007 Formosa Dr is a 6 bed, 3 bath, 3,055 sqft, 15,246 sqft lot single_family.
Is 2007 Formosa Dr a flip candidate?
No — 2007 Formosa Dr does not appear in our flips dataset.
Is 2007 Formosa Dr a tax-appeal candidate?
No — 2007 Formosa Dr 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
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Geography