408 Preston St
Selma, NC 27576
3 bd 2 ba 1,015 sqft Built 1947 Lot 7,841 sqft single_family
Most recent sale
$170,000
Oct 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 6, 2022 | Sold | $170,000 | MLS #2472372 |
| Sep 3, 2022 | Listed | $160,000 | MLS #2472372 |
| May 1, 1996 | Sold | $24,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $175,850 | $30,000 | $205,850 | $2,305 |
| 2023 | $80,190 | $10,000 | $90,190 | $1,163 |
| 2022 | $80,750 | $10,000 | $90,750 | $1,206 |
| 2021 | $20,720 | $10,000 | $30,720 | $402 |
| 2020 | $20,720 | $10,000 | $30,720 | $409 |
| 2019 | $20,720 | $10,000 | $30,720 | $399 |
| 2018 | $19,720 | $7,270 | $26,990 | $356 |
| 2017 | $19,720 | $7,270 | $26,990 | $348 |
| 2016 | $19,720 | $7,270 | $26,990 | $348 |
| 2015 | $19,720 | $7,270 | $26,990 | $348 |
| 2014 | $19,720 | $7,270 | $26,990 | $348 |
| 2013 | $19,720 | $7,270 | $26,990 | $348 |
| 2011 | $19,720 | $7,270 | $26,990 | $348 |
| 2010 | $20,060 | $7,270 | $27,330 | $358 |
| 2009 | $20,060 | $7,270 | $27,330 | $358 |
| 2008 | $20,060 | $7,270 | $27,330 | $358 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,015 sqft
Lot size
7,841 sqft
ZIP code
27576
City
Selma
Street
Preston St
Coordinates
35.53441, -78.28988
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,370
Gross rental yield
9.67%
Implied cap rate
6.29%
Trend-extrapolated value
—
Frequently asked questions
When did 408 Preston St last sell?
408 Preston St most recently sold on Oct 6, 2022 for $170,000.
What is the current tax assessment for 408 Preston St?
The most recent total assessment for 408 Preston St (year 2025) is $205,850 with $2,305 in property tax.
How does 408 Preston St's assessment compare to its last sale price?
The current assessment is 21.1% above the last sale price of $170,000.
When was 408 Preston St built?
408 Preston St was built in 1947.
How does 408 Preston St compare to others on Preston St?
We track 8 other properties on Preston St. Browse the list under "Other properties on Preston St" to compare beds, baths, and sale history.
What are the property facts for 408 Preston St?
408 Preston St is a 3 bed, 2 bath, 1,015 sqft, 7,841 sqft lot single_family.
Is 408 Preston St a flip candidate?
No — 408 Preston St does not appear in our flips dataset.
Is 408 Preston St a tax-appeal candidate?
Yes — 408 Preston St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$397.5K
2026 Q4
$399.2K
ZIP 27576 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Preston St