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124 Somerset Ln

Rutherfordton, NC 28139

3 bd 3 ba 1,338 sqft Built 2021 Lot 32,234 sqft single_family
Most recent sale
$290,000
Feb 26, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2024 Sold $487,500 Public Record
Apr 26, 2024 Listed $487,500 CanopyMLS
Feb 26, 2021 Sold $290,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $326,500 $25,000 $351,500 $2,207
2023 $287,200 $25,000 $312,200 $1,752
2022 $178,900 $25,000 $203,900 $1,441
2021 $20,000 $20,000 $141
2020 $20,000 $20,000 $141
2019 $20,000 $20,000 $141
2018 $30,000 $30,000 $209
2017 $30,000 $30,000 $209
2016 $30,000 $30,000 $209
2015 $30,000 $30,000 $209
2014 $30,000 $30,000 $209
2013 $30,000 $30,000 $206
2012 $30,000 $30,000 $206
2011 $30,000 $30,000 $183
2010 $30,000 $30,000 $183
2009 $30,000 $30,000 $183

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,338 sqft
Lot size
32,234 sqft
ZIP code
28139
City
Rutherfordton
Street
Somerset Ln
Coordinates
35.34321, -81.98795

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,806
Gross rental yield
7.47%
Implied cap rate
4.86%
Trend-extrapolated value

Frequently asked questions

When did 124 Somerset Ln last sell?
124 Somerset Ln most recently sold on Feb 26, 2021 for $290,000.
What is the current tax assessment for 124 Somerset Ln?
The most recent total assessment for 124 Somerset Ln (year 2025) is $351,500 with $2,207 in property tax.
How does 124 Somerset Ln's assessment compare to its last sale price?
The current assessment is 21.2% above the last sale price of $290,000.
When was 124 Somerset Ln built?
124 Somerset Ln was built in 2021.
How does 124 Somerset Ln compare to others on Somerset Ln?
We track 6 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 124 Somerset Ln?
124 Somerset Ln is a 3 bed, 3 bath, 1,338 sqft, 32,234 sqft lot single_family.
Is 124 Somerset Ln a flip candidate?
No — 124 Somerset Ln does not appear in our flips dataset.
Is 124 Somerset Ln a tax-appeal candidate?
No — 124 Somerset Ln 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
-3.3%
Implied 1-yr
-13.0%
2026 Q3
$206.6K
2026 Q4
$198.1K
ZIP 28139 — Median Price History + Forecast

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