240 Ashe St
Southern Pines, NC 28387
2 bd 3 ba 1,911 sqft Built 1920 Lot 14,375 sqft single_family
Most recent sale
$439,000
Dec 17, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2024 | Listed | $545,000 | NCRMLS |
| Dec 17, 2021 | Sold | $439,000 | NCRMLS |
| Nov 12, 2021 | Listing removed | — | NCRCapeFear |
| Nov 10, 2021 | Listed | $429,000 | NCRMidCarolina |
| Nov 10, 2021 | Listing removed | — | NCRMidCarolina |
| Nov 4, 2021 | Listed | $429,000 | NCRCapeFear |
| Sep 17, 2021 | Listed | $429,000 | NCRMidCarolina |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $290,190 | $141,010 | $431,200 | $2,655 |
| 2023 | $290,190 | $141,010 | $431,200 | $2,835 |
| 2022 | $171,930 | $120,210 | $292,140 | $2,702 |
| 2021 | $171,930 | $120,210 | $292,140 | $2,775 |
| 2020 | $171,930 | $120,210 | $292,140 | $2,799 |
| 2019 | $171,930 | $120,210 | $292,140 | $2,186 |
| 2018 | $133,010 | $115,210 | $248,220 | $2,246 |
| 2017 | $133,010 | $115,210 | $248,220 | $2,221 |
| 2016 | $133,010 | $115,210 | $248,220 | $2,171 |
| 2015 | $133,010 | $115,210 | $248,220 | $2,147 |
| 2014 | $135,640 | $58,880 | $194,520 | $1,663 |
| 2013 | $135,640 | $58,880 | $194,520 | $1,624 |
| 2012 | $135,640 | $58,880 | $194,520 | $1,624 |
| 2011 | $135,640 | $58,880 | $194,520 | $1,624 |
| 2010 | — | — | $194,520 | $1,624 |
| 2008 | — | — | $194,520 | $1,661 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
1,911 sqft
Lot size
14,375 sqft
ZIP code
28387
City
Southern Pines
Street
Ashe St
Coordinates
35.17180, -79.39305
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,580
Gross rental yield
7.05%
Implied cap rate
4.58%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Ashe St last sell?
240 Ashe St most recently sold on Dec 17, 2021 for $439,000.
What is the current tax assessment for 240 Ashe St?
The most recent total assessment for 240 Ashe St (year 2025) is $431,200 with $2,655 in property tax.
How does 240 Ashe St's assessment compare to its last sale price?
The current assessment is 1.8% below the last sale price of $439,000.
When was 240 Ashe St built?
240 Ashe St was built in 1920.
How does 240 Ashe St compare to others on Ashe St?
We track 8 other properties on Ashe St. Browse the list under "Other properties on Ashe St" to compare beds, baths, and sale history.
What are the property facts for 240 Ashe St?
240 Ashe St is a 2 bed, 3 bath, 1,911 sqft, 14,375 sqft lot single_family.
Is 240 Ashe St a flip candidate?
No — 240 Ashe St does not appear in our flips dataset.
Is 240 Ashe St a tax-appeal candidate?
No — 240 Ashe St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$619.9K
2026 Q4
$634.5K
ZIP 28387 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ashe St