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1222 2nd St

Smithfield, NC 27577

3 bd 3 ba 1,706 sqft Built 2023 Lot 9,888 sqft single_family
Most recent sale
$50,000
Mar 20, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 25, 2024 Sold $300,000 DoorifyMLS
Jun 25, 2024 Price changed $300,000 DoorifyMLS
Oct 2, 2023 Listed $326,200 TriangleAreaNC
Mar 20, 2023 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $233,420 $80,000 $313,420 $3,040
2023 $60,000 $60,000 $756
2022 $60,000 $60,000 $780
2021 $60,000 $60,000 $780

Property facts

Year built
2023
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,706 sqft
Lot size
9,888 sqft
ZIP code
27577
City
Smithfield
Street
2nd St
Coordinates
35.49556, -78.35776

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1222 2nd St last sell?
1222 2nd St most recently sold on Mar 20, 2023 for $50,000.
What is the current tax assessment for 1222 2nd St?
The most recent total assessment for 1222 2nd St (year 2025) is $313,420 with $3,040 in property tax.
How does 1222 2nd St's assessment compare to its last sale price?
The current assessment is 526.8% above the last sale price of $50,000.
When was 1222 2nd St built?
1222 2nd St was built in 2023.
How does 1222 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 1222 2nd St?
1222 2nd St is a 3 bed, 3 bath, 1,706 sqft, 9,888 sqft lot single_family.
Is 1222 2nd St a flip candidate?
Yes — 1222 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1222 2nd St a tax-appeal candidate?
Yes — 1222 2nd 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 valuation
Quarterly trend
-5.2%
Implied 1-yr
-20.8%
2026 Q3
$261.8K
2026 Q4
$253.1K
ZIP 27577 — Median Price History + Forecast

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