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120 Cove Pt

Mount Gilead, NC 27306

4 bd 3 ba 2,450 sqft Built 2017 Lot 21,780 sqft single_family
Most recent sale
$989,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $989,000 MLS #3850039
Apr 14, 2022 Listed $989,000 MLS #3850039
Feb 26, 2018 Sold $615,000 Public Record
Feb 10, 2017 Sold $190,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $507,895 $182,000 $689,895 $4,518
2024 $507,895 $182,000 $689,895 $4,518
2023 $429,161 $182,000 $611,161 $4,003
2022 $429,161 $182,000 $611,161 $4,215
2021 $429,161 $182,000 $611,161 $4,223
2020 $429,161 $182,000 $611,161 $4,229
2019 $233,129 $261,113 $494,242 $3,526
2018 $233,129 $261,113 $494,242 $3,262
2017 $261,113 $261,113 $1,723
2016 $261,100 $261,100 $1,723
2015 $261,100 $261,100 $1,723
2014 $261,113 $261,100 $1,593

Property facts

Year built
2017
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,450 sqft
Lot size
21,780 sqft
ZIP code
27306
City
Mount Gilead
Street
Cove Pt
Coordinates
35.25882, -80.09366

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
$3,308
Gross rental yield
4.01%
Implied cap rate
2.61%
Trend-extrapolated value

Frequently asked questions

When did 120 Cove Pt last sell?
120 Cove Pt most recently sold on Jun 1, 2022 for $989,000.
What is the current tax assessment for 120 Cove Pt?
The most recent total assessment for 120 Cove Pt (year 2025) is $689,895 with $4,518 in property tax.
How does 120 Cove Pt's assessment compare to its last sale price?
The current assessment is 30.2% below the last sale price of $989,000.
When was 120 Cove Pt built?
120 Cove Pt was built in 2017.
How does 120 Cove Pt compare to others on Cove Pt?
We track 8 other properties on Cove Pt. Browse the list under "Other properties on Cove Pt" to compare beds, baths, and sale history.
What are the property facts for 120 Cove Pt?
120 Cove Pt is a 4 bed, 3 bath, 2,450 sqft, 21,780 sqft lot single_family.
Is 120 Cove Pt a flip candidate?
No — 120 Cove Pt does not appear in our flips dataset.
Is 120 Cove Pt a tax-appeal candidate?
No — 120 Cove Pt 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
-0.8%
Implied 1-yr
-3.1%
2026 Q3
$329.2K
2026 Q4
$326.5K
ZIP 27306 — Median Price History + Forecast

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