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540 Hill Rd

Southern Pines, NC 28387

3 bd 2 ba 1,755 sqft Built 1994 Lot 23,522 sqft single_family
Most recent sale
$400,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2025 Listing removed $1,700 HiveMLS
Sep 9, 2022 Sold $400,000 HiveMLS
Aug 29, 2022 Sold $400,000 Public Record
Aug 17, 2022 Listed $395,540 MLS #100344738
Jun 25, 2021 Sold $320,000 MLS #205984
May 6, 2021 Listed $325,000 MLS #205852
Nov 5, 2020 Listing removed $1,700 NCRMidCarolina
Jan 9, 2020 Listing removed $1,700 NCRMidCarolina
Apr 27, 2019 Listing removed $1,700 NCRMidCarolina
Apr 17, 2019 Listed for rent $1,700 NCRMidCarolina
May 3, 2017 Listing removed $1,600 AppfolioUnits
Apr 8, 2017 Listing removed $1,600 NCRMidCarolina
Mar 9, 2017 Listed for rent $1,600 AppfolioUnits
Mar 8, 2017 Listed for rent $1,600 NCRMidCarolina
Feb 7, 2014 Sold $255,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $302,930 $80,000 $382,930 $2,441
2023 $296,550 $80,000 $376,550 $2,475
2022 $188,700 $60,000 $248,700 $2,300
2021 $188,700 $60,000 $248,700 $2,363
2020 $188,700 $60,000 $248,700 $2,383
2019 $188,700 $60,000 $248,700 $2,383
2018 $172,670 $60,000 $232,670 $2,106
2017 $172,670 $60,000 $232,670 $2,082
2016 $172,670 $60,000 $232,670 $2,036
2015 $172,670 $60,000 $232,670 $2,013
2014 $161,870 $50,000 $211,870 $1,811
2013 $161,870 $50,000 $211,870 $1,769
2012 $161,870 $50,000 $211,870 $1,769
2011 $161,870 $50,000 $211,870 $1,769
2010 $211,870 $1,769
2008 $211,870 $1,809

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,755 sqft
Lot size
23,522 sqft
ZIP code
28387
City
Southern Pines
Street
Hill Rd
Coordinates
35.15071, -79.39499

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,369
Gross rental yield
7.11%
Implied cap rate
4.62%
Trend-extrapolated value

Frequently asked questions

When did 540 Hill Rd last sell?
540 Hill Rd most recently sold on Aug 29, 2022 for $400,000.
What is the current tax assessment for 540 Hill Rd?
The most recent total assessment for 540 Hill Rd (year 2024) is $382,930 with $2,441 in property tax.
How does 540 Hill Rd's assessment compare to its last sale price?
The current assessment is 4.3% below the last sale price of $400,000.
When was 540 Hill Rd built?
540 Hill Rd was built in 1994.
How does 540 Hill Rd compare to others on Hill Rd?
We track 8 other properties on Hill Rd. Browse the list under "Other properties on Hill Rd" to compare beds, baths, and sale history.
What are the property facts for 540 Hill Rd?
540 Hill Rd is a 3 bed, 2 bath, 1,755 sqft, 23,522 sqft lot single_family.
Is 540 Hill Rd a flip candidate?
Yes — 540 Hill Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 540 Hill Rd a tax-appeal candidate?
No — 540 Hill Rd 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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