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109 Marvin Dr

Spring Lake, NC 28390

3 bd 2 ba 1,286 sqft Built 1985 Lot 14,375 sqft single_family
Most recent sale
$90,000
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 29, 2024 Sold $180,000 DoorifyMLS
Nov 16, 2022 Sold $130,000 Public Record
Sep 21, 2022 Listed $129,900 MLS #692520
Apr 6, 2022 Sold $90,000 Public Record
Dec 31, 2021 Price changed $118,000 MLS #665827
Sep 21, 2021 Listed $126,000 MLS #665827
Sep 12, 2003 Sold $75,000 Public Record
Aug 1, 1990 Sold $63,000 Public Record
Jan 24, 1986 Sold $57,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,011 $28,000 $149,011 $2,834
2024 $89,175 $15,000 $104,175 $2,064
2023 $89,175 $15,000 $104,175 $1,867
2022 $89,175 $15,000 $104,175 $1,867
2021 $89,175 $15,000 $104,175 $1,867
2020 $89,175 $15,000 $104,175 $1,838
2019 $86,900 $15,000 $101,900 $1,838
2018 $86,900 $15,000 $101,900 $1,838
2017 $86,900 $15,000 $101,900 $1,838
2016 $82,200 $15,000 $97,200 $1,710
2015 $82,200 $15,000 $97,200 $1,710
2014 $82,200 $15,000 $97,200 $1,710
2013 $82,200 $15,000 $97,200 $1,671
2012 $82,200 $15,000 $97,200 $1,671
2011 $82,200 $15,000 $97,200 $1,671
2010 $82,200 $15,000 $97,200 $1,671
2009 $82,200 $15,000 $97,200 $1,637
2007 $66,600 $14,000 $80,600 $1,463

Property facts

Year built
1985
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,286 sqft
Lot size
14,375 sqft
ZIP code
28390
City
Spring Lake
Street
Marvin Dr
Coordinates
35.17540, -78.98275

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
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 109 Marvin Dr last sell?
109 Marvin Dr most recently sold on Apr 6, 2022 for $90,000.
What is the current tax assessment for 109 Marvin Dr?
The most recent total assessment for 109 Marvin Dr (year 2025) is $149,011 with $2,834 in property tax.
How does 109 Marvin Dr's assessment compare to its last sale price?
The current assessment is 65.6% above the last sale price of $90,000.
When was 109 Marvin Dr built?
109 Marvin Dr was built in 1985.
How does 109 Marvin Dr compare to others on Marvin Dr?
We track 8 other properties on Marvin Dr. Browse the list under "Other properties on Marvin Dr" to compare beds, baths, and sale history.
What are the property facts for 109 Marvin Dr?
109 Marvin Dr is a 3 bed, 2 bath, 1,286 sqft, 14,375 sqft lot single_family.
Is 109 Marvin Dr a flip candidate?
Yes — 109 Marvin Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 109 Marvin Dr a tax-appeal candidate?
No — 109 Marvin Dr 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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