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503 Fairway Ct

Southern Pines, NC 28387

2 bd 2 ba 1,203 sqft Built 1973 condos
Most recent sale
$170,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $170,000 MLS #100335520
Jun 24, 2022 Listed $180,000 MLS #100335520

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $128,340 $20,000 $148,340 $645
2023 $128,340 $20,000 $148,340 $674
2022 $65,740 $10,000 $75,740 $477
2021 $65,740 $10,000 $75,740 $496
2020 $65,740 $10,000 $75,740 $489
2019 $65,740 $10,000 $75,740 $489
2018 $72,190 $10,000 $82,190 $493
2017 $72,190 $10,000 $82,190 $481
2016 $72,190 $10,000 $82,190 $477
2015 $72,190 $10,000 $82,190 $464
2014 $63,770 $10,000 $73,770 $423
2013 $63,770 $10,000 $73,770 $423
2012 $63,770 $10,000 $73,770 $423
2011 $63,770 $10,000 $73,770 $423
2010 $73,770 $423
2008 $73,770 $438

Property facts

Year built
1973
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,203 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
$1,624
Gross rental yield
11.46%
Implied cap rate
7.45%
Trend-extrapolated value

Frequently asked questions

When did 503 Fairway Ct last sell?
503 Fairway Ct most recently sold on Aug 19, 2022 for $170,000.
What is the current tax assessment for 503 Fairway Ct?
The most recent total assessment for 503 Fairway Ct (year 2024) is $148,340 with $645 in property tax.
How does 503 Fairway Ct's assessment compare to its last sale price?
The current assessment is 12.7% below the last sale price of $170,000.
When was 503 Fairway Ct built?
503 Fairway Ct was built in 1973.
How does 503 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 503 Fairway Ct?
503 Fairway Ct is a 2 bed, 2 bath, 1,203 sqft condos.
Is 503 Fairway Ct a flip candidate?
No — 503 Fairway Ct does not appear in our flips dataset.
Is 503 Fairway Ct a tax-appeal candidate?
No — 503 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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