111 Somerset Ln
Seven Lakes, NC 27376
3 bd 2 ba 1,982 sqft Built 1979 Lot 25,700 sqft single_family
Most recent sale
$317,500
Dec 26, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 10, 2026 | Listed | $449,900 | HiveMLS |
| Dec 26, 2021 | Sold | $317,500 | MLS #100305728 |
| Oct 29, 2021 | Sold | $317,500 | Public Record |
| Sep 28, 2021 | Listed | $299,950 | MLS #208220 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $207,930 | $45,000 | $252,930 | $1,041 |
| 2023 | $207,930 | $45,000 | $252,930 | $1,150 |
| 2022 | $157,180 | $35,000 | $192,180 | $1,210 |
| 2021 | $157,180 | $35,000 | $192,180 | $1,259 |
| 2020 | $157,180 | $35,000 | $192,180 | $1,239 |
| 2019 | $157,180 | $35,000 | $192,180 | $1,239 |
| 2018 | $137,750 | $35,000 | $172,750 | $1,036 |
| 2017 | $137,750 | $35,000 | $172,750 | $1,010 |
| 2016 | $137,750 | $35,000 | $172,750 | $1,001 |
| 2015 | $137,750 | $35,000 | $172,750 | $976 |
| 2014 | $158,920 | $42,000 | $200,920 | $1,054 |
| 2013 | $158,920 | $42,000 | $200,920 | $1,054 |
| 2012 | $158,920 | $42,000 | $200,920 | $1,054 |
| 2011 | $158,920 | $42,000 | $200,920 | $1,054 |
| 2010 | — | — | $200,920 | $1,050 |
| 2008 | — | — | $200,920 | $1,097 |
Property facts
Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,982 sqft
Lot size
25,700 sqft
ZIP code
27376
City
Seven Lakes
Street
Somerset Ln
Coordinates
35.26356, -79.57734
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,676
Gross rental yield
10.11%
Implied cap rate
6.57%
Trend-extrapolated value
—
Frequently asked questions
When did 111 Somerset Ln last sell?
111 Somerset Ln most recently sold on Dec 26, 2021 for $317,500.
What is the current tax assessment for 111 Somerset Ln?
The most recent total assessment for 111 Somerset Ln (year 2025) is $252,930 with $1,041 in property tax.
How does 111 Somerset Ln's assessment compare to its last sale price?
The current assessment is 20.3% below the last sale price of $317,500.
When was 111 Somerset Ln built?
111 Somerset Ln was built in 1979.
How does 111 Somerset Ln compare to others on Somerset Ln?
We do not currently track other properties on Somerset Ln.
What are the property facts for 111 Somerset Ln?
111 Somerset Ln is a 3 bed, 2 bath, 1,982 sqft, 25,700 sqft lot single_family.
Is 111 Somerset Ln a flip candidate?
No — 111 Somerset Ln does not appear in our flips dataset.
Is 111 Somerset Ln a tax-appeal candidate?
No — 111 Somerset 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
+5.1%
Implied 1-yr
+20.5%
2026 Q3
$524.5K
2026 Q4
$544.7K
ZIP 27376 — Median Price History + Forecast
Explore nearby
Geography