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131 Ellis Rd

Spruce Pine, NC 28777

2 bd 1 ba 736 sqft Built 1930 Lot 40,075 sqft single_family
Most recent sale
$100,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2024 Sold $135,000 Public Record
Sep 28, 2022 Sold $100,000 MLS #3883524
Aug 22, 2022 Price changed $118,000 MLS #3883524
Aug 8, 2022 Price changed $122,000 MLS #3883524
Jul 15, 2022 Listed $125,000 MLS #3883524

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,000 $14,700 $41,700 $266
2023 $27,000 $14,700 $41,700 $262
2022 $14,700 $14,700 $336
2021 $14,600 $14,600 $167
2020 $14,600 $14,600 $167
2019 $14,600 $14,600 $348
2018 $14,600 $14,600 $95
2017 $14,600 $14,600 $95
2016 $14,600 $14,600 $88
2014 $17,800 $14,600 $32,400 $194
2013 $17,200 $17,600 $34,800 $160
2012 $17,200 $17,600 $34,800 $45
2011 $17,200 $17,600 $34,800 $45
2009 $17,200 $17,600 $34,800 $43

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
736 sqft
Lot size
40,075 sqft
ZIP code
28777
City
Spruce Pine
Street
Ellis Rd
Coordinates
35.93176, -82.08536

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$994
Gross rental yield
11.93%
Implied cap rate
7.75%
Trend-extrapolated value

Frequently asked questions

When did 131 Ellis Rd last sell?
131 Ellis Rd most recently sold on Sep 28, 2022 for $100,000.
What is the current tax assessment for 131 Ellis Rd?
The most recent total assessment for 131 Ellis Rd (year 2025) is $41,700 with $266 in property tax.
How does 131 Ellis Rd's assessment compare to its last sale price?
The current assessment is 58.3% below the last sale price of $100,000.
When was 131 Ellis Rd built?
131 Ellis Rd was built in 1930.
How does 131 Ellis Rd compare to others on Ellis Rd?
We track 8 other properties on Ellis Rd. Browse the list under "Other properties on Ellis Rd" to compare beds, baths, and sale history.
What are the property facts for 131 Ellis Rd?
131 Ellis Rd is a 2 bed, 1 bath, 736 sqft, 40,075 sqft lot single_family.
Is 131 Ellis Rd a flip candidate?
Yes — 131 Ellis Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 131 Ellis Rd a tax-appeal candidate?
No — 131 Ellis 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
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$640.5K
2026 Q4
$640.5K
ZIP 28777 — Median Price History + Forecast

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