48500 Culp Rd
Richfield, NC 28137
3 bd 3 ba 2,301 sqft Built 2001 Lot 131,987 sqft single_family
Most recent sale
$420,000
Jun 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 29, 2022 | Sold | $420,000 | MLS #3845119 |
| May 24, 2022 | Listed | $400,000 | MLS #3845119 |
| Oct 25, 2012 | Sold | $220,000 | MLS #963562 |
| Nov 2, 2010 | Sold | $220,000 | Public Record |
| Jul 27, 2010 | Listed | $235,000 | MLS #963562 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $318,821 | $37,804 | $356,625 | $2,274 |
| 2023 | $219,028 | $21,732 | $240,760 | $1,734 |
| 2022 | $196,204 | $21,732 | $217,936 | $1,578 |
| 2021 | $196,204 | $21,732 | $217,936 | $1,577 |
| 2020 | $174,921 | $19,320 | $194,241 | $1,512 |
| 2019 | $174,921 | $19,320 | $194,241 | $1,522 |
| 2018 | $174,921 | $19,320 | $194,241 | $1,502 |
| 2017 | $174,921 | $19,320 | $194,241 | $1,437 |
| 2016 | $168,703 | $17,314 | $186,017 | $1,377 |
| 2015 | $168,703 | $17,314 | $186,017 | $1,432 |
| 2014 | $168,703 | $17,314 | $186,017 | $1,377 |
| 2013 | $168,703 | $17,314 | $186,017 | $1,377 |
| 2012 | $161,033 | $21,642 | $182,675 | $1,419 |
| 2011 | $161,033 | $21,642 | $182,675 | $1,419 |
| 2010 | $161,033 | $21,642 | $182,675 | $1,432 |
| 2009 | $161,033 | $21,642 | $182,675 | $1,423 |
| 2008 | $161,033 | $21,642 | $182,675 | $1,420 |
| 2007 | $161,033 | $21,642 | $182,675 | $1,415 |
Property facts
Year built
2001
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,301 sqft
Lot size
131,987 sqft
ZIP code
28137
City
Richfield
Street
Culp Rd
Coordinates
35.48315, -80.26797
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
$3,106
Gross rental yield
8.87%
Implied cap rate
5.77%
Trend-extrapolated value
—
Frequently asked questions
When did 48500 Culp Rd last sell?
48500 Culp Rd most recently sold on Jun 29, 2022 for $420,000.
What is the current tax assessment for 48500 Culp Rd?
The most recent total assessment for 48500 Culp Rd (year 2025) is $356,625 with $2,274 in property tax.
How does 48500 Culp Rd's assessment compare to its last sale price?
The current assessment is 15.1% below the last sale price of $420,000.
When was 48500 Culp Rd built?
48500 Culp Rd was built in 2001.
How does 48500 Culp Rd compare to others on Culp Rd?
We track 6 other properties on Culp Rd. Browse the list under "Other properties on Culp Rd" to compare beds, baths, and sale history.
What are the property facts for 48500 Culp Rd?
48500 Culp Rd is a 3 bed, 3 bath, 2,301 sqft, 131,987 sqft lot single_family.
Is 48500 Culp Rd a flip candidate?
No — 48500 Culp Rd does not appear in our flips dataset.
Is 48500 Culp Rd a tax-appeal candidate?
No — 48500 Culp Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+10.2%
Implied 1-yr
+40.8%
2026 Q1
$865.1K
2026 Q2
$918.2K
ZIP 28137 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Culp Rd