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405 Fairway Ln

Spruce Pine, NC 28777

2 bd 2 ba 1,351 sqft Built 1978 condos
Most recent sale
$290,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $290,000 MLS #3881502
Jul 8, 2022 Listed $299,900 MLS #3881502
Nov 30, 2017 Sold $160,000 Public Record

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1978
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,351 sqft
Lot size
ZIP code
28777
City
Spruce Pine
Street
Fairway Ln
Coordinates
35.89620, -82.07346

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
$1,824
Gross rental yield
7.55%
Implied cap rate
4.91%
Trend-extrapolated value

Frequently asked questions

When did 405 Fairway Ln last sell?
405 Fairway Ln most recently sold on Aug 25, 2022 for $290,000.
What is the current tax assessment for 405 Fairway Ln?
No tax-assessment history is recorded for this parcel.
When was 405 Fairway Ln built?
405 Fairway Ln was built in 1978.
How does 405 Fairway Ln compare to others on Fairway Ln?
We track 8 other properties on Fairway Ln. Browse the list under "Other properties on Fairway Ln" to compare beds, baths, and sale history.
What are the property facts for 405 Fairway Ln?
405 Fairway Ln is a 2 bed, 2 bath, 1,351 sqft condos.
Is 405 Fairway Ln a flip candidate?
No — 405 Fairway Ln does not appear in our flips dataset.
Is 405 Fairway Ln a tax-appeal candidate?
No — 405 Fairway 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
+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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