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256 Reep Dr

Morganton, NC 28655

3 bd 1 ba 1,200 sqft Built 1957 Lot 39,204 sqft single_family
Most recent sale
$254,900
Apr 16, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 16, 2024 Sold $254,900 CanopyMLS
Feb 21, 2024 Price changed $254,900 CanopyMLS
Feb 8, 2024 Relisted $259,900 CanopyMLS
Jan 22, 2024 Listing removed CanopyMLS
Dec 8, 2023 Listed $259,900 CanopyMLS
Mar 28, 2023 Sold $151,000 CanopyMLS
Dec 30, 2022 Listed $149,900 CanopyMLS
Jun 15, 2010 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $111,169 $16,187 $127,356 $803
2023 $102,057 $16,187 $118,244 $750
2022 $79,097 $11,320 $90,417 $710
2021 $79,097 $11,320 $90,417 $704
2020 $79,097 $11,320 $90,417 $700
2019 $79,097 $11,320 $90,417 $700
2018 $70,955 $11,320 $82,275 $643
2017 $70,955 $11,320 $82,275 $641
2016 $70,955 $11,320 $82,275 $624
2015 $70,955 $11,320 $82,275 $621
2014 $70,955 $11,320 $82,275 $620
2013 $70,955 $11,320 $82,275 $620
2012 $73,476 $16,200 $89,676 $526
2011 $73,476 $16,200 $89,676 $525
2010 $73,476 $16,200 $89,676 $523
2009 $73,476 $16,200 $89,676 $521
2008 $73,476 $16,200 $89,676 $521
2007 $73,476 $16,200 $89,676 $516

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,200 sqft
Lot size
39,204 sqft
ZIP code
28655
City
Morganton
Street
Reep Dr
Coordinates
35.72632, -81.76086

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,620
Gross rental yield
7.63%
Implied cap rate
4.96%
Trend-extrapolated value

Frequently asked questions

When did 256 Reep Dr last sell?
256 Reep Dr most recently sold on Apr 16, 2024 for $254,900.
What is the current tax assessment for 256 Reep Dr?
The most recent total assessment for 256 Reep Dr (year 2025) is $127,356 with $803 in property tax.
How does 256 Reep Dr's assessment compare to its last sale price?
The current assessment is 50.0% below the last sale price of $254,900.
When was 256 Reep Dr built?
256 Reep Dr was built in 1957.
How does 256 Reep Dr compare to others on Reep Dr?
We track 4 other properties on Reep Dr. Browse the list under "Other properties on Reep Dr" to compare beds, baths, and sale history.
What are the property facts for 256 Reep Dr?
256 Reep Dr is a 3 bed, 1 bath, 1,200 sqft, 39,204 sqft lot single_family.
Is 256 Reep Dr a flip candidate?
Yes — 256 Reep Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 256 Reep Dr a tax-appeal candidate?
No — 256 Reep 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
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$360.7K
2026 Q4
$370.6K
ZIP 28655 — Median Price History + Forecast

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