205 Water Oak Way
Mount Gilead, NC 27306
5 bd 5 ba 4,675 sqft Built 2020 Lot 27,094 sqft single_family
Most recent sale
$2,227,000
Aug 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 15, 2025 | Sold | $1,775,000 | CanopyMLS |
| Apr 11, 2025 | Price changed | $1,799,000 | CanopyMLS |
| Feb 25, 2025 | Relisted | $1,850,000 | CanopyMLS |
| Sep 12, 2024 | Relisted | $1,850,000 | CanopyMLS |
| Jul 24, 2024 | Listed | $1,950,000 | CanopyMLS |
| Jul 6, 2024 | Relisted | $1,975,000 | CanopyMLS |
| Mar 23, 2024 | Listed | $2,274,999 | CanopyMLS |
| Jan 7, 2024 | Price changed | $2,274,999 | CanopyMLS |
| Oct 17, 2023 | Price changed | $2,374,999 | CanopyMLS |
| Sep 25, 2023 | Listed | $2,495,000 | CanopyMLS |
| Aug 20, 2022 | Sold | $2,227,000 | MLS #3876192 |
| Jun 29, 2022 | Listed | $2,227,000 | MLS #3876192 |
| Sep 19, 2019 | Sold | $145,000 | Public Record |
| Sep 4, 2008 | Sold | $169,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $698,585 | $141,360 | $839,945 | $5,501 |
| 2024 | $698,585 | $141,360 | $839,945 | $5,501 |
| 2023 | $698,585 | $141,360 | $839,945 | $5,501 |
| 2022 | $698,585 | $141,360 | $839,945 | $5,900 |
| 2021 | $665,011 | $141,360 | $806,371 | $5,352 |
| 2020 | — | $141,360 | $141,360 | $926 |
| 2019 | — | $173,600 | $173,600 | $1,146 |
| 2018 | — | $173,600 | $173,600 | $1,146 |
| 2017 | — | $173,600 | $173,600 | $1,146 |
| 2016 | — | $173,600 | $173,600 | $1,146 |
| 2015 | — | $173,600 | $173,600 | $1,146 |
| 2014 | — | $173,600 | $173,600 | $1,059 |
Property facts
Year built
2020
Property type
single_family
Stories
—
Beds
5
Baths
5
Living area
4,675 sqft
Lot size
27,094 sqft
ZIP code
27306
City
Mount Gilead
Street
Water Oak Way
Coordinates
35.27916, -80.08543
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$13,362
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 205 Water Oak Way last sell?
205 Water Oak Way most recently sold on Aug 20, 2022 for $2,227,000.
What is the current tax assessment for 205 Water Oak Way?
The most recent total assessment for 205 Water Oak Way (year 2025) is $839,945 with $5,501 in property tax.
How does 205 Water Oak Way's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $2,227,000.
When was 205 Water Oak Way built?
205 Water Oak Way was built in 2020.
How does 205 Water Oak Way compare to others on Water Oak Way?
We track 8 other properties on Water Oak Way. Browse the list under "Other properties on Water Oak Way" to compare beds, baths, and sale history.
What are the property facts for 205 Water Oak Way?
205 Water Oak Way is a 5 bed, 5 bath, 4,675 sqft, 27,094 sqft lot single_family.
Is 205 Water Oak Way a flip candidate?
No — 205 Water Oak Way does not appear in our flips dataset.
Is 205 Water Oak Way a tax-appeal candidate?
No — 205 Water Oak Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.8%
Implied 1-yr
-3.1%
2026 Q3
$329.2K
2026 Q4
$326.5K
ZIP 27306 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Water Oak Way