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505 Preston St

Selma, NC 27576

3 bd 2 ba 1,280 sqft Built 2022 Lot 10,890 sqft single_family
Most recent sale
$22,500
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $262,000 DoorifyMLS
May 10, 2022 Sold $22,500 Public Record
Apr 21, 2022 Listed $20,000 MLS #2443776
Nov 1, 2011 Listing removed $12,000 DoorifyMLS
Aug 3, 2011 Price changed $12,000 MLS #1722690
Aug 2, 2011 Listing removed $18,999 NCRGoldsboro
Jan 18, 2011 Listed $18,999 MLS #55216
Apr 23, 2010 Listed $18,999 MLS #1722690
Sep 1, 2003 Sold $31,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $218,470 $30,000 $248,470 $2,782
2023 $119,180 $10,000 $129,180 $1,666
2022 $10,000 $10,000 $133
2021 $10,000 $10,000 $131
2020 $10,000 $10,000 $133
2019 $10,000 $10,000 $130
2018 $10,100 $10,100 $133
2017 $10,100 $10,100 $130
2016 $10,100 $10,100 $130
2015 $10,100 $10,100 $130
2014 $10,100 $10,100 $130
2013 $10,100 $130
2012 $10,100 $130
2011 $10,100 $10,100 $130
2010 $10,100 $10,100 $132
2009 $10,100 $10,100 $132
2008 $10,100 $10,100 $132

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,280 sqft
Lot size
10,890 sqft
ZIP code
27576
City
Selma
Street
Preston St
Coordinates
35.53448, -78.29122

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$135
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Preston St last sell?
505 Preston St most recently sold on May 10, 2022 for $22,500.
What is the current tax assessment for 505 Preston St?
The most recent total assessment for 505 Preston St (year 2025) is $248,470 with $2,782 in property tax.
How does 505 Preston St's assessment compare to its last sale price?
The current assessment is 1,004.3% above the last sale price of $22,500.
When was 505 Preston St built?
505 Preston St was built in 2022.
How does 505 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 505 Preston St?
505 Preston St is a 3 bed, 2 bath, 1,280 sqft, 10,890 sqft lot single_family.
Is 505 Preston St a flip candidate?
No — 505 Preston St does not appear in our flips dataset.
Is 505 Preston St a tax-appeal candidate?
No — 505 Preston St 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
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$397.5K
2026 Q4
$399.2K
ZIP 27576 — Median Price History + Forecast

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