261 Springwood Way
Southern Pines, NC 28387
3 bd 3 ba 1,614 sqft Built 2020 Lot 4,792 sqft single_family
Most recent sale
$517,000
Apr 12, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 12, 2024 | Sold | $517,000 | NCRMLS |
| Feb 23, 2024 | Listed | $529,000 | NCRMLS |
| Jul 1, 2020 | Sold | $373,667 | NCRMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $411,150 | $70,000 | $481,150 | $3,067 |
| 2023 | $411,150 | $70,000 | $481,150 | $3,163 |
| 2022 | $289,380 | $60,000 | $349,380 | $3,231 |
| 2021 | $289,380 | $60,000 | $349,380 | $3,319 |
| 2020 | — | $60,000 | $60,000 | $574 |
Property facts
Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,614 sqft
Lot size
4,792 sqft
ZIP code
28387
City
Southern Pines
Street
Springwood Way
Coordinates
35.17921, -79.37421
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
$2,179
Gross rental yield
5.06%
Implied cap rate
3.29%
Trend-extrapolated value
—
Frequently asked questions
When did 261 Springwood Way last sell?
261 Springwood Way most recently sold on Apr 12, 2024 for $517,000.
What is the current tax assessment for 261 Springwood Way?
The most recent total assessment for 261 Springwood Way (year 2024) is $481,150 with $3,067 in property tax.
How does 261 Springwood Way's assessment compare to its last sale price?
The current assessment is 6.9% below the last sale price of $517,000.
When was 261 Springwood Way built?
261 Springwood Way was built in 2020.
How does 261 Springwood Way compare to others on Springwood Way?
We track 8 other properties on Springwood Way. Browse the list under "Other properties on Springwood Way" to compare beds, baths, and sale history.
What are the property facts for 261 Springwood Way?
261 Springwood Way is a 3 bed, 3 bath, 1,614 sqft, 4,792 sqft lot single_family.
Is 261 Springwood Way a flip candidate?
No — 261 Springwood Way does not appear in our flips dataset.
Is 261 Springwood Way a tax-appeal candidate?
No — 261 Springwood Way 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
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