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248 Caleb Acres Ln

Smithfield, NC 27577

3 bd 2 ba 1,599 sqft Built 2022 Lot 102,802 sqft single_family
Most recent sale
$354,900
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $354,900 MLS #2469983
Aug 22, 2022 Listed $344,900 MLS #2469983
May 3, 2022 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $282,510 $65,000 $347,510 $2,206
2023 $179,380 $40,000 $219,380 $1,689
2022 $40,000 $40,000 $316
2021 $40,000 $40,000 $316

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,599 sqft
Lot size
102,802 sqft
ZIP code
27577
City
Smithfield
Street
Caleb Acres Ln
Coordinates
35.53133, -78.42217

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,159
Gross rental yield
7.30%
Implied cap rate
4.75%
Trend-extrapolated value

Frequently asked questions

When did 248 Caleb Acres Ln last sell?
248 Caleb Acres Ln most recently sold on Sep 22, 2022 for $354,900.
What is the current tax assessment for 248 Caleb Acres Ln?
The most recent total assessment for 248 Caleb Acres Ln (year 2025) is $347,510 with $2,206 in property tax.
How does 248 Caleb Acres Ln's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $354,900.
When was 248 Caleb Acres Ln built?
248 Caleb Acres Ln was built in 2022.
How does 248 Caleb Acres Ln compare to others on Caleb Acres Ln?
We track 8 other properties on Caleb Acres Ln. Browse the list under "Other properties on Caleb Acres Ln" to compare beds, baths, and sale history.
What are the property facts for 248 Caleb Acres Ln?
248 Caleb Acres Ln is a 3 bed, 2 bath, 1,599 sqft, 102,802 sqft lot single_family.
Is 248 Caleb Acres Ln a flip candidate?
Yes — 248 Caleb Acres Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 248 Caleb Acres Ln a tax-appeal candidate?
No — 248 Caleb Acres 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
-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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