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401 Fairway Ct

Southern Pines, NC 28387

2 bd 2 ba 1,213 sqft Built 1973 condos
Most recent sale
$212,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Sold $212,000 MLS #100312469
Feb 16, 2022 Listed $214,900 MLS #100312469
Oct 7, 2016 Sold $85,500 MLS #176385
Jun 13, 2016 Listed $86,500 MLS #176385
Apr 22, 2015 Listing removed $76,000 NCRMidCarolina
Mar 17, 2015 Price changed $76,000 MLS #162384
Jan 7, 2015 Relisted $78,000 MLS #162384
Jan 6, 2015 Listing removed $78,000 NCRMidCarolina
Oct 22, 2014 Listed $78,000 MLS #162384

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $158,020 $25,000 $183,020 $796
2023 $158,020 $25,000 $183,020 $832
2022 $65,740 $15,000 $80,740 $508
2021 $65,740 $15,000 $80,740 $529
2020 $65,740 $15,000 $80,740 $521
2019 $65,740 $15,000 $80,740 $521
2018 $72,190 $15,000 $87,190 $523
2017 $72,190 $15,000 $87,190 $510
2016 $72,190 $15,000 $87,190 $506
2015 $72,190 $15,000 $87,190 $493
2014 $63,770 $15,000 $78,770 $452
2013 $63,770 $15,000 $78,770 $452
2012 $63,770 $15,000 $78,770 $452
2011 $63,770 $15,000 $78,770 $452
2010 $78,770 $452
2008 $78,770 $468

Property facts

Year built
1973
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,213 sqft
Lot size
ZIP code
28387
City
Southern Pines
Street
Fairway Ct
Coordinates
35.20612, -79.34440

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
$1,638
Gross rental yield
9.27%
Implied cap rate
6.03%
Trend-extrapolated value

Frequently asked questions

When did 401 Fairway Ct last sell?
401 Fairway Ct most recently sold on Apr 1, 2022 for $212,000.
What is the current tax assessment for 401 Fairway Ct?
The most recent total assessment for 401 Fairway Ct (year 2024) is $183,020 with $796 in property tax.
How does 401 Fairway Ct's assessment compare to its last sale price?
The current assessment is 13.7% below the last sale price of $212,000.
When was 401 Fairway Ct built?
401 Fairway Ct was built in 1973.
How does 401 Fairway Ct compare to others on Fairway Ct?
We track 8 other properties on Fairway Ct. Browse the list under "Other properties on Fairway Ct" to compare beds, baths, and sale history.
What are the property facts for 401 Fairway Ct?
401 Fairway Ct is a 2 bed, 2 bath, 1,213 sqft condos.
Is 401 Fairway Ct a flip candidate?
No — 401 Fairway Ct does not appear in our flips dataset.
Is 401 Fairway Ct a tax-appeal candidate?
No — 401 Fairway Ct 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
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$619.9K
2026 Q4
$634.5K
ZIP 28387 — Median Price History + Forecast

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