196 Gates Ln
Raeford, NC 28376
3 bd 1 ba 1,058 sqft Built 1961 Lot 4,792 sqft single_family
Most recent sale
$40,000
Nov 20, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 20, 2023 | Sold | $40,000 | TriangleAreaNC |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $21,520 | $2,290 | $23,810 | $130 |
| 2022 | $21,520 | $2,290 | $23,810 | $130 |
| 2021 | $26,720 | $830 | $27,550 | $151 |
| 2020 | $26,720 | $830 | $27,550 | $149 |
| 2019 | $26,720 | $830 | $27,550 | $149 |
| 2018 | $26,720 | $830 | $27,550 | $149 |
| 2017 | $26,720 | $830 | $27,550 | $149 |
| 2016 | $26,720 | $830 | $27,550 | $149 |
| 2015 | $26,720 | $830 | $27,550 | $149 |
| 2014 | $26,720 | $830 | $27,550 | $331 |
| 2013 | $24,910 | $680 | $25,590 | $319 |
| 2012 | $24,910 | $680 | $25,590 | $319 |
| 2011 | $24,910 | $680 | $25,590 | $319 |
| 2010 | $24,910 | $680 | $25,590 | $312 |
| 2009 | $24,910 | $680 | $25,590 | $312 |
Property facts
Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,058 sqft
Lot size
4,792 sqft
ZIP code
28376
City
Raeford
Street
Gates Ln
Coordinates
34.94016, -79.30060
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 196 Gates Ln last sell?
196 Gates Ln most recently sold on Nov 20, 2023 for $40,000.
What is the current tax assessment for 196 Gates Ln?
The most recent total assessment for 196 Gates Ln (year 2023) is $23,810 with $130 in property tax.
How does 196 Gates Ln's assessment compare to its last sale price?
The current assessment is 40.5% below the last sale price of $40,000.
When was 196 Gates Ln built?
196 Gates Ln was built in 1961.
How does 196 Gates Ln compare to others on Gates Ln?
We track 1 other property on Gates Ln. Browse the list under "Other properties on Gates Ln" to compare beds, baths, and sale history.
What are the property facts for 196 Gates Ln?
196 Gates Ln is a 3 bed, 1 bath, 1,058 sqft, 4,792 sqft lot single_family.
Is 196 Gates Ln a flip candidate?
No — 196 Gates Ln does not appear in our flips dataset.
Is 196 Gates Ln a tax-appeal candidate?
No — 196 Gates Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.1%
Implied 1-yr
+0.5%
2026 Q3
$308.7K
2026 Q4
$309K
ZIP 28376 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gates Ln