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1235 Hedgelawn Way

Southern Pines, NC 28387

5 bd 3 ba 4,700 sqft Built 1986 Lot 220,849 sqft single_family
Most recent sale
$695,000
Feb 21, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 21, 2023 Sold $695,000 FayettevilleNC
Dec 10, 2022 Price changed $699,000 FayettevilleNC
Nov 15, 2022 Price changed $759,000 FayettevilleNC
Oct 19, 2022 Listed $799,000 MLS #693679
Oct 1, 2022 Listing removed NCRMidCarolina
Jun 13, 2022 Price changed $799,000 MLS #100321762
Apr 25, 2022 Relisted $849,000 MLS #100321762
Apr 15, 2022 Listing removed NCRMidCarolina
Apr 14, 2022 Listed $849,000 MLS #100321762

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $404,250 $141,810 $546,060 $2,375
2023 $404,250 $141,810 $546,060 $2,484
2022 $304,670 $114,870 $419,540 $2,643
2021 $304,670 $114,870 $419,540 $2,748
2020 $304,670 $114,870 $419,540 $2,706
2019 $304,670 $114,870 $419,540 $2,706
2018 $300,250 $79,880 $380,130 $2,281
2017 $300,250 $79,880 $380,130 $2,224
2016 $300,250 $79,880 $380,130 $2,205
2015 $300,250 $79,880 $380,130 $2,148
2014 $314,680 $96,830 $411,510 $2,337
2013 $314,680 $96,830 $411,510 $2,337
2012 $314,680 $96,830 $411,510 $2,337
2011 $314,680 $96,830 $411,510 $2,346
2010 $411,510 $2,337
2008 $411,510 $2,416

Property facts

Year built
1986
Property type
single_family
Stories
Beds
5
Baths
3
Living area
4,700 sqft
Lot size
220,849 sqft
ZIP code
28387
City
Southern Pines
Street
Hedgelawn Way
Coordinates
35.12900, -79.38609

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,345
Gross rental yield
10.96%
Implied cap rate
7.12%
Trend-extrapolated value

Frequently asked questions

When did 1235 Hedgelawn Way last sell?
1235 Hedgelawn Way most recently sold on Feb 21, 2023 for $695,000.
What is the current tax assessment for 1235 Hedgelawn Way?
The most recent total assessment for 1235 Hedgelawn Way (year 2024) is $546,060 with $2,375 in property tax.
How does 1235 Hedgelawn Way's assessment compare to its last sale price?
The current assessment is 21.4% below the last sale price of $695,000.
When was 1235 Hedgelawn Way built?
1235 Hedgelawn Way was built in 1986.
How does 1235 Hedgelawn Way compare to others on Hedgelawn Way?
We track 8 other properties on Hedgelawn Way. Browse the list under "Other properties on Hedgelawn Way" to compare beds, baths, and sale history.
What are the property facts for 1235 Hedgelawn Way?
1235 Hedgelawn Way is a 5 bed, 3 bath, 4,700 sqft, 220,849 sqft lot single_family.
Is 1235 Hedgelawn Way a flip candidate?
No — 1235 Hedgelawn Way does not appear in our flips dataset.
Is 1235 Hedgelawn Way a tax-appeal candidate?
No — 1235 Hedgelawn Way 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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