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118 Elfreth Ln

Spring Lake, NC 28390

3 bd 2 ba 1,099 sqft Built 1980 single_family
Most recent sale
$135,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2023 Sold $155,000 LongleafPineRealtors
Dec 6, 2022 Price changed for rent $1,400 RentRedi
Sep 29, 2022 Listed for rent $1,500 RentRedi
Jun 24, 2022 Sold $135,000 Public Record
Jun 22, 2022 Sold $135,000 LongleafPineRealtors
Apr 27, 2022 Listed $135,000 MLS #682587
Jul 2, 2016 Listing removed $650 LongleafPineRealtors
Jun 18, 2016 Listed for rent $650 LongleafPineRealtors
Aug 28, 2015 Listing removed $62,000 LongleafPineRealtors
Jan 23, 2015 Listing removed $75,000 LongleafPineRealtors
Jan 19, 2015 Listing removed $650 LongleafPineRealtors
Dec 16, 2014 Listed $75,000 MLS #427092
Dec 14, 2014 Listed for rent $650 LongleafPineRealtors
Sep 6, 2007 Sold $62,000 Public Record
Feb 8, 2007 Listed $62,000 MLS #288891

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $77,328 $28,000 $105,328 $2,405
2024 $60,487 $15,000 $75,487 $1,483
2023 $60,055 $15,000 $75,055 $1,327
2022 $60,055 $15,000 $75,055 $1,327
2021 $60,055 $15,000 $75,055 $1,328
2020 $60,055 $15,000 $75,055 $1,299
2019 $50,900 $15,000 $65,900 $1,299
2018 $50,900 $15,000 $65,900 $1,298
2017 $50,900 $15,000 $65,900 $1,299
2016 $54,200 $15,000 $69,200 $1,307
2015 $54,200 $15,000 $69,200 $1,307
2014 $54,200 $15,000 $69,200 $1,307
2013 $54,200 $15,000 $69,200 $1,280
2012 $54,200 $15,000 $69,200 $1,280
2011 $54,200 $15,000 $69,200 $1,280
2010 $54,200 $15,000 $69,200 $1,280
2009 $54,200 $15,000 $69,200 $1,238
2007 $43,100 $14,000 $57,100 $1,101

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,099 sqft
Lot size
ZIP code
28390
City
Spring Lake
Street
Elfreth Ln
Coordinates
35.17090, -78.98117

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
$1,484
Gross rental yield
13.19%
Implied cap rate
8.57%
Trend-extrapolated value

Frequently asked questions

When did 118 Elfreth Ln last sell?
118 Elfreth Ln most recently sold on Jun 24, 2022 for $135,000.
What is the current tax assessment for 118 Elfreth Ln?
The most recent total assessment for 118 Elfreth Ln (year 2025) is $105,328 with $2,405 in property tax.
How does 118 Elfreth Ln's assessment compare to its last sale price?
The current assessment is 22.0% below the last sale price of $135,000.
When was 118 Elfreth Ln built?
118 Elfreth Ln was built in 1980.
How does 118 Elfreth Ln compare to others on Elfreth Ln?
We track 8 other properties on Elfreth Ln. Browse the list under "Other properties on Elfreth Ln" to compare beds, baths, and sale history.
What are the property facts for 118 Elfreth Ln?
118 Elfreth Ln is a 3 bed, 2 bath, 1,099 sqft single_family.
Is 118 Elfreth Ln a flip candidate?
No — 118 Elfreth Ln does not appear in our flips dataset.
Is 118 Elfreth Ln a tax-appeal candidate?
No — 118 Elfreth Ln 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
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$278.4K
2026 Q4
$275.1K
ZIP 28390 — Median Price History + Forecast

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