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4016 Covedale Ln

Southport, NC 28461

4 bd 3 ba 2,469 sqft Built 2020 Lot 17,424 sqft single_family
Most recent sale
$489,997
Feb 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2024 Price changed $795,000 NCRMLS
Mar 7, 2024 Price changed $849,000 NCRMLS
Feb 26, 2024 Price changed $854,000 NCRMLS
Jan 10, 2024 Price changed $869,900 NCRMLS
Dec 18, 2023 Listed $890,000 NCRMLS
Feb 15, 2021 Sold $489,997 NCRMLS
Jan 15, 2021 Sold $490,000 Public Record
Apr 6, 2020 Relisted $489,997 NCRBrunswick
Apr 5, 2020 Listing removed NCRBrunswick
Oct 11, 2019 Price changed $489,997 NCRBrunswick
Apr 2, 2019 Listed $479,997 NCRBrunswick
Apr 11, 2018 Sold $53,000 Public Record
Feb 26, 2017 Listing removed $83,000 NCRBrunswick
Aug 25, 2016 Listed $83,000 NCRBrunswick
Apr 1, 2015 Listing removed $90,000 NCRBrunswick
May 6, 2013 Price changed $90,000 NCRBrunswick
Jan 22, 2011 Listed $95,000 NCRBrunswick
May 24, 2005 Sold $121,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $484,330 $225,000 $709,330 $2,849
2024 $484,330 $225,000 $709,330 $2,817
2023 $476,150 $225,000 $701,150 $2,636
2022 $357,470 $79,000 $436,470 $2,377
2021 $357,470 $79,000 $436,470 $2,377
2020 $357,470 $79,000 $436,470 $2,377
2019 $79,000 $79,000 $429
2018 $85,000 $85,000 $453
2017 $85,000 $85,000 $453
2016 $85,000 $85,000 $453
2015 $85,000 $85,000 $454
2014 $100,000 $100,000 $492
2013 $100,000 $100,000 $492
2012 $100,000 $100,000 $492
2010 $100,000 $100,000 $710
2009 $200,000 $200,000 $710
2008 $200,000 $200,000 $610

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,469 sqft
Lot size
17,424 sqft
ZIP code
28461
City
Southport
Street
Covedale Ln
Coordinates
33.95771, -78.10618

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
$3,333
Gross rental yield
8.16%
Implied cap rate
5.31%
Trend-extrapolated value

Frequently asked questions

When did 4016 Covedale Ln last sell?
4016 Covedale Ln most recently sold on Feb 15, 2021 for $489,997.
What is the current tax assessment for 4016 Covedale Ln?
The most recent total assessment for 4016 Covedale Ln (year 2025) is $709,330 with $2,849 in property tax.
How does 4016 Covedale Ln's assessment compare to its last sale price?
The current assessment is 44.8% above the last sale price of $489,997.
When was 4016 Covedale Ln built?
4016 Covedale Ln was built in 2020.
How does 4016 Covedale Ln compare to others on Covedale Ln?
We track 8 other properties on Covedale Ln. Browse the list under "Other properties on Covedale Ln" to compare beds, baths, and sale history.
What are the property facts for 4016 Covedale Ln?
4016 Covedale Ln is a 4 bed, 3 bath, 2,469 sqft, 17,424 sqft lot single_family.
Is 4016 Covedale Ln a flip candidate?
No — 4016 Covedale Ln does not appear in our flips dataset.
Is 4016 Covedale Ln a tax-appeal candidate?
Yes — 4016 Covedale Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.3%
Implied 1-yr
+25.1%
2026 Q3
$1.02M
2026 Q4
$1.07M
ZIP 28461 — Median Price History + Forecast

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