707 Gate Rd
Morehead City, NC 28557
3 bd 2 ba 1,144 sqft Built 1987 Lot 22,216 sqft single_family
Most recent sale
$225,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $225,000 | MLS #100336778 |
| Jul 18, 2022 | Price changed | $247,000 | MLS #100336778 |
| Jul 14, 2022 | Listed | $260,000 | MLS #100336778 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $226,119 | $85,554 | $311,673 | $1,033 |
| 2023 | $65,908 | $86,106 | $152,014 | $871 |
| 2022 | $65,908 | $86,106 | $152,014 | $856 |
| 2021 | $65,908 | $86,106 | $152,014 | $825 |
| 2020 | $65,908 | $86,106 | $152,014 | $796 |
| 2019 | $75,067 | $70,449 | $145,516 | $733 |
| 2018 | $75,067 | $70,449 | $145,516 | $733 |
| 2017 | $75,067 | $70,449 | $145,516 | $733 |
| 2016 | $75,067 | $70,449 | $145,516 | $568 |
| 2015 | $75,067 | $70,449 | $145,516 | $553 |
Property facts
Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,144 sqft
Lot size
22,216 sqft
ZIP code
28557
City
Morehead City
Street
Gate Rd
Coordinates
34.73729, -76.74528
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,544
Gross rental yield
8.23%
Implied cap rate
5.35%
Trend-extrapolated value
—
Frequently asked questions
When did 707 Gate Rd last sell?
707 Gate Rd most recently sold on Aug 26, 2022 for $225,000.
What is the current tax assessment for 707 Gate Rd?
The most recent total assessment for 707 Gate Rd (year 2025) is $311,673 with $1,033 in property tax.
How does 707 Gate Rd's assessment compare to its last sale price?
The current assessment is 38.5% above the last sale price of $225,000.
When was 707 Gate Rd built?
707 Gate Rd was built in 1987.
How does 707 Gate Rd compare to others on Gate Rd?
We track 5 other properties on Gate Rd. Browse the list under "Other properties on Gate Rd" to compare beds, baths, and sale history.
What are the property facts for 707 Gate Rd?
707 Gate Rd is a 3 bed, 2 bath, 1,144 sqft, 22,216 sqft lot single_family.
Is 707 Gate Rd a flip candidate?
No — 707 Gate Rd does not appear in our flips dataset.
Is 707 Gate Rd a tax-appeal candidate?
Yes — 707 Gate Rd 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 valuationQuarterly trend
+7.5%
Implied 1-yr
+30.1%
2026 Q3
$889.3K
2026 Q4
$934.3K
ZIP 28557 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gate Rd