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5220 Driftwood Ln

Morehead City, NC 28557

4 bd 4 ba 3,699 sqft Built 1999 Lot 19,210 sqft single_family
Most recent sale
$1,875,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2023 Sold $1,065,000 Public Record
Jul 8, 2022 Sold $1,875,000 MLS #100288517
Aug 30, 2021 Listed $2,099,900 MLS #100288517

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $866,460 $1,041,900 $1,908,360 $10,927
2024 $866,460 $1,041,900 $1,908,360 $6,618
2023 $516,782 $352,653 $869,435 $2,971
2022 $577,188 $352,653 $929,841 $3,083
2021 $577,188 $352,653 $929,841 $3,083
2020 $577,188 $352,653 $929,841 $3,083
2019 $607,375 $352,653 $960,028 $2,991
2018 $607,375 $352,653 $960,028 $2,991
2017 $607,375 $352,653 $960,028 $2,991
2016 $607,375 $352,653 $960,028 $2,991
2015 $601,675 $352,653 $954,328 $2,877

Property facts

Year built
1999
Property type
single_family
Stories
Beds
4
Baths
4
Living area
3,699 sqft
Lot size
19,210 sqft
ZIP code
28557
City
Morehead City
Street
Driftwood Ln
Coordinates
34.72710, -76.80242

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
$11,250
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5220 Driftwood Ln last sell?
5220 Driftwood Ln most recently sold on Jul 8, 2022 for $1,875,000.
What is the current tax assessment for 5220 Driftwood Ln?
The most recent total assessment for 5220 Driftwood Ln (year 2025) is $1,908,360 with $10,927 in property tax.
How does 5220 Driftwood Ln's assessment compare to its last sale price?
The current assessment is 1.8% above the last sale price of $1,875,000.
When was 5220 Driftwood Ln built?
5220 Driftwood Ln was built in 1999.
How does 5220 Driftwood Ln compare to others on Driftwood Ln?
We track 8 other properties on Driftwood Ln. Browse the list under "Other properties on Driftwood Ln" to compare beds, baths, and sale history.
What are the property facts for 5220 Driftwood Ln?
5220 Driftwood Ln is a 4 bed, 4 bath, 3,699 sqft, 19,210 sqft lot single_family.
Is 5220 Driftwood Ln a flip candidate?
No — 5220 Driftwood Ln does not appear in our flips dataset.
Is 5220 Driftwood Ln a tax-appeal candidate?
Yes — 5220 Driftwood Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.5%
Implied 1-yr
+30.1%
2026 Q3
$889.3K
2026 Q4
$934.3K
ZIP 28557 — Median Price History + Forecast

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