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4938 NC Highway 109

Mount Gilead, NC 27306

3 bd 1 ba 960 sqft Built 1970 Lot 32,234 sqft single_family
Most recent sale
$55,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 26, 2023 Sold $158,000 CanopyMLS
Jul 8, 2022 Sold $55,000 MLS #3833413
May 18, 2022 Relisted $59,900 MLS #3833413
Feb 25, 2022 Listed $59,900 MLS #3833413
Feb 8, 2022 Listed $59,900 MLS #100311208
Jan 10, 2022 Listed $59,900 MLS #100307267
Nov 10, 2021 Listed $59,900 MLS #100296875
Nov 3, 2021 Listed $59,900 MLS #100296875
Oct 28, 2021 Listed $59,900 MLS #100296875
Oct 4, 2021 Listed $59,900 MLS #208289
Aug 3, 2021 Listed $59,900 MLS #207321
Jun 11, 2021 Listed $59,900 MLS #206502
Mar 15, 2021 Listed $59,900 MLS #204874

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $52,837 $7,350 $60,187 $370
2024 $52,837 $7,350 $60,187 $370
2023 $52,837 $7,350 $60,187 $370
2022 $52,837 $7,350 $60,187 $370
2021 $52,837 $7,350 $60,187 $370
2020 $52,837 $7,350 $60,187 $370
2019 $60,850 $7,350 $68,200 $423
2018 $60,850 $7,350 $68,200 $423
2017 $60,850 $7,350 $68,200 $423
2016 $60,850 $7,350 $68,200 $423
2015 $60,850 $7,350 $68,200 $423
2014 $60,841 $7,350 $68,200 $389

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
960 sqft
Lot size
32,234 sqft
ZIP code
27306
City
Mount Gilead
Street
NC Highway 109
Coordinates
35.15528, -80.01357

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4938 NC Highway 109 last sell?
4938 NC Highway 109 most recently sold on Jul 8, 2022 for $55,000.
What is the current tax assessment for 4938 NC Highway 109?
The most recent total assessment for 4938 NC Highway 109 (year 2025) is $60,187 with $370 in property tax.
How does 4938 NC Highway 109's assessment compare to its last sale price?
The current assessment is 9.4% above the last sale price of $55,000.
When was 4938 NC Highway 109 built?
4938 NC Highway 109 was built in 1970.
How does 4938 NC Highway 109 compare to others on NC Highway 109?
We track 8 other properties on NC Highway 109. Browse the list under "Other properties on NC Highway 109" to compare beds, baths, and sale history.
What are the property facts for 4938 NC Highway 109?
4938 NC Highway 109 is a 3 bed, 1 bath, 960 sqft, 32,234 sqft lot single_family.
Is 4938 NC Highway 109 a flip candidate?
Yes — 4938 NC Highway 109 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4938 NC Highway 109 a tax-appeal candidate?
No — 4938 NC Highway 109 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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