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241 Water Oak Way

Mount Gilead, NC 27306

5 bd 6 ba 4,310 sqft Built 2011 Lot 30,056 sqft single_family
Most recent sale
$1,500,000
Mar 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2022 Sold $1,500,000 MLS #3832317
Mar 6, 2022 Listed $1,500,000 MLS #3832317
Oct 23, 2018 Sold $950,000 Public Record
Apr 28, 2010 Sold $264,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $696,519 $276,345 $972,864 $6,372
2024 $696,519 $276,345 $972,864 $6,214
2022 $672,473 $276,345 $948,818 $6,214
2021 $672,473 $276,345 $948,818 $6,215
2020 $672,473 $276,345 $948,818 $6,215
2019 $611,768 $265,650 $877,418 $5,791
2018 $611,768 $265,650 $877,418 $5,791
2017 $607,550 $265,650 $873,200 $5,929
2016 $607,550 $265,650 $873,200 $5,894
2015 $607,550 $265,650 $873,200 $5,763
2014 $607,552 $265,650 $873,200 $5,327

Property facts

Year built
2011
Property type
single_family
Stories
1
Beds
5
Baths
6
Living area
4,310 sqft
Lot size
30,056 sqft
ZIP code
27306
City
Mount Gilead
Street
Water Oak Way
Coordinates
35.27914, -80.08705

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
$5,819
Gross rental yield
4.66%
Implied cap rate
3.03%
Trend-extrapolated value

Frequently asked questions

When did 241 Water Oak Way last sell?
241 Water Oak Way most recently sold on Mar 21, 2022 for $1,500,000.
What is the current tax assessment for 241 Water Oak Way?
The most recent total assessment for 241 Water Oak Way (year 2025) is $972,864 with $6,372 in property tax.
How does 241 Water Oak Way's assessment compare to its last sale price?
The current assessment is 35.1% below the last sale price of $1,500,000.
When was 241 Water Oak Way built?
241 Water Oak Way was built in 2011.
How does 241 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 241 Water Oak Way?
241 Water Oak Way is a 5 bed, 6 bath, 4,310 sqft, 30,056 sqft lot single_family.
Is 241 Water Oak Way a flip candidate?
No — 241 Water Oak Way does not appear in our flips dataset.
Is 241 Water Oak Way a tax-appeal candidate?
No — 241 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 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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