405 Rachel Way
Piney Creek, NC 28663
4 bd 4 ba 2,882 sqft Built 2008 Lot 23,522 sqft single_family
Most recent sale
$450,000
Dec 6, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 6, 2021 | Sold | $450,000 | MLS #232147 |
| Aug 26, 2008 | Sold | $65,000 | Public Record |
| Dec 4, 2006 | Sold | $108,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $218,500 | $26,400 | $244,900 | $1,706 |
| 2024 | $218,500 | $26,400 | $244,900 | $1,706 |
| 2023 | $202,900 | $26,400 | $229,300 | $1,604 |
| 2022 | $202,900 | $26,400 | $229,300 | $1,604 |
| 2021 | $202,900 | $26,400 | $229,300 | $1,605 |
| 2020 | $207,400 | $35,600 | $243,000 | $1,660 |
| 2019 | $207,400 | $35,600 | $243,000 | $1,548 |
| 2018 | $207,400 | $35,600 | $243,000 | $1,405 |
| 2017 | $207,400 | $35,600 | $243,000 | $1,315 |
| 2016 | $207,400 | $35,600 | $243,000 | $1,315 |
| 2015 | $207,400 | $35,600 | $243,000 | $1,289 |
| 2014 | $254,500 | $44,400 | $298,900 | $1,464 |
| 2013 | $254,500 | $44,400 | $298,900 | $1,464 |
| 2012 | $254,500 | $44,400 | $298,900 | $1,464 |
| 2011 | $254,500 | $44,400 | $298,900 | $1,405 |
| 2010 | $254,500 | $44,400 | $298,900 | $1,345 |
| 2008 | — | $32,800 | $32,800 | $141 |
| 2006 | — | $15,000 | $15,000 | $105 |
Property facts
Year built
2008
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
2,882 sqft
Lot size
23,522 sqft
ZIP code
28663
City
Piney Creek
Street
Rachel Way
Coordinates
36.54025, -81.34403
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,891
Gross rental yield
10.38%
Implied cap rate
6.74%
Trend-extrapolated value
—
Frequently asked questions
When did 405 Rachel Way last sell?
405 Rachel Way most recently sold on Dec 6, 2021 for $450,000.
What is the current tax assessment for 405 Rachel Way?
The most recent total assessment for 405 Rachel Way (year 2025) is $244,900 with $1,706 in property tax.
How does 405 Rachel Way's assessment compare to its last sale price?
The current assessment is 45.6% below the last sale price of $450,000.
When was 405 Rachel Way built?
405 Rachel Way was built in 2008.
How does 405 Rachel Way compare to others on Rachel Way?
We track 8 other properties on Rachel Way. Browse the list under "Other properties on Rachel Way" to compare beds, baths, and sale history.
What are the property facts for 405 Rachel Way?
405 Rachel Way is a 4 bed, 4 bath, 2,882 sqft, 23,522 sqft lot single_family.
Is 405 Rachel Way a flip candidate?
No — 405 Rachel Way does not appear in our flips dataset.
Is 405 Rachel Way a tax-appeal candidate?
No — 405 Rachel 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
-2.7%
Implied 1-yr
-10.6%
2026 Q2
$218.1K
2026 Q3
$211.1K
ZIP 28663 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rachel Way