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1202 Shepard St

Morehead City, NC 28557

2 bd 2 ba 817 sqft Built 1910 Lot 4,792 sqft single_family
Most recent sale
$325,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $325,000 MLS #100348867
Sep 28, 2022 Price changed $369,500 MLS #100348867
Sep 12, 2022 Listed $389,500 MLS #100348867

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,812 $267,375 $404,187 $2,391
2024 $136,812 $267,375 $404,187 $1,995
2023 $35,127 $217,812 $252,939 $874
2022 $35,127 $217,812 $252,939 $849
2021 $35,127 $217,812 $252,939 $849
2020 $35,127 $217,812 $252,939 $850
2019 $42,283 $130,687 $172,970 $551
2018 $42,283 $130,687 $172,970 $551
2017 $42,283 $130,687 $172,970 $551
2016 $42,283 $130,687 $172,970 $551
2015 $42,283 $130,687 $172,970 $534

Property facts

Year built
1910
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
817 sqft
Lot size
4,792 sqft
ZIP code
28557
City
Morehead City
Street
Shepard St
Coordinates
34.72024, -76.71887

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
$1,103
Gross rental yield
4.07%
Implied cap rate
2.65%
Trend-extrapolated value

Frequently asked questions

When did 1202 Shepard St last sell?
1202 Shepard St most recently sold on Oct 17, 2022 for $325,000.
What is the current tax assessment for 1202 Shepard St?
The most recent total assessment for 1202 Shepard St (year 2025) is $404,187 with $2,391 in property tax.
How does 1202 Shepard St's assessment compare to its last sale price?
The current assessment is 24.4% above the last sale price of $325,000.
When was 1202 Shepard St built?
1202 Shepard St was built in 1910.
How does 1202 Shepard St compare to others on Shepard St?
We track 8 other properties on Shepard St. Browse the list under "Other properties on Shepard St" to compare beds, baths, and sale history.
What are the property facts for 1202 Shepard St?
1202 Shepard St is a 2 bed, 2 bath, 817 sqft, 4,792 sqft lot single_family.
Is 1202 Shepard St a flip candidate?
No — 1202 Shepard St does not appear in our flips dataset.
Is 1202 Shepard St a tax-appeal candidate?
Yes — 1202 Shepard St 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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