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7433 Gingercake Rd

Newland, NC 28657

2 bd 1 ba 896 sqft Built 2011 Lot 85,813 sqft single_family
Most recent sale
$298,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 2, 2023 Sold $326,500 HighCountry
Jan 17, 2023 Listed $325,000 HighCountry
Jul 12, 2022 Sold $298,000 MLS #3874248
Jun 18, 2022 Listed $298,000 MLS #3874248
Jun 17, 2022 Listed $298,000 MLS #238243
Jun 15, 2021 Sold $195,000 MLS #230474

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $168,998 $35,495 $204,493 $1,503
2023 $168,367 $35,495 $203,862 $1,508
2022 $78,631 $18,122 $96,753 $885
2021 $74,663 $18,122 $92,785 $846
2020 $74,663 $18,122 $92,785 $842
2019 $74,663 $18,122 $92,785 $842
2018 $71,788 $18,122 $89,910 $818
2017 $71,788 $18,122 $89,910 $816
2016 $71,788 $18,122 $89,910 $798
2015 $71,788 $18,122 $89,910 $795
2014 $71,788 $18,122 $89,910 $793
2013 $71,788 $18,122 $89,910 $793
2012 $13,751 $13,751 $88
2011 $13,751 $13,751 $88
2010 $13,751 $13,751 $88
2009 $17,695 $17,695 $113
2008 $17,695 $17,695 $113
2007 $17,695 $17,695 $113

Property facts

Year built
2011
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
896 sqft
Lot size
85,813 sqft
ZIP code
28657
City
Newland
Street
Gingercake Rd
Coordinates
35.95823, -81.89372

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
$1,210
Gross rental yield
4.87%
Implied cap rate
3.17%
Trend-extrapolated value

Frequently asked questions

When did 7433 Gingercake Rd last sell?
7433 Gingercake Rd most recently sold on Jul 12, 2022 for $298,000.
What is the current tax assessment for 7433 Gingercake Rd?
The most recent total assessment for 7433 Gingercake Rd (year 2025) is $204,493 with $1,503 in property tax.
How does 7433 Gingercake Rd's assessment compare to its last sale price?
The current assessment is 31.4% below the last sale price of $298,000.
When was 7433 Gingercake Rd built?
7433 Gingercake Rd was built in 2011.
How does 7433 Gingercake Rd compare to others on Gingercake Rd?
We track 8 other properties on Gingercake Rd. Browse the list under "Other properties on Gingercake Rd" to compare beds, baths, and sale history.
What are the property facts for 7433 Gingercake Rd?
7433 Gingercake Rd is a 2 bed, 1 bath, 896 sqft, 85,813 sqft lot single_family.
Is 7433 Gingercake Rd a flip candidate?
Yes — 7433 Gingercake Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7433 Gingercake Rd a tax-appeal candidate?
No — 7433 Gingercake Rd 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
-8.4%
Implied 1-yr
-33.6%
2026 Q3
$129.7K
2026 Q4
$105.7K
ZIP 28657 — Median Price History + Forecast

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