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197 Cedar Creek Rd

Timberlake, NC 27583

3 bd 1 ba 1,008 sqft Built 1994 Lot 36,208 sqft single_family
Most recent sale
$195,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $195,000 MLS #2464525
Jul 25, 2022 Listed $199,000 MLS #2464525
Dec 18, 2020 Sold $152,000 MLS #2348891
Jul 28, 2004 Sold $86,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $192,817 $24,035 $216,852 $1,468
2023 $112,040 $21,750 $133,790 $1,049
2021 $112,040 $21,750 $133,790 $1,016
2020 $67,809 $20,000 $87,809 $672
2019 $67,809 $20,000 $87,809 $681
2018 $67,809 $20,000 $87,809 $639
2017 $67,809 $20,000 $87,809 $631
2016 $67,809 $20,000 $87,809 $631
2015 $67,809 $20,000 $87,809 $631
2014 $67,809 $20,000 $87,809 $631
2013 $67,809 $20,000 $87,809 $631
2012 $69,572 $14,000 $83,572 $585
2011 $69,572 $14,000 $83,572 $585
2010 $69,572 $14,000 $83,572 $585
2009 $69,572 $14,000 $83,572 $585
2008 $69,572 $14,000 $83,572 $585
2007 $69,572 $14,000 $83,572 $585

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,008 sqft
Lot size
36,208 sqft
ZIP code
27583
City
Timberlake
Street
Cedar Creek Rd
Coordinates
36.30797, -78.94063

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,361
Gross rental yield
8.38%
Implied cap rate
5.44%
Trend-extrapolated value

Frequently asked questions

When did 197 Cedar Creek Rd last sell?
197 Cedar Creek Rd most recently sold on Sep 1, 2022 for $195,000.
What is the current tax assessment for 197 Cedar Creek Rd?
The most recent total assessment for 197 Cedar Creek Rd (year 2025) is $216,852 with $1,468 in property tax.
How does 197 Cedar Creek Rd's assessment compare to its last sale price?
The current assessment is 11.2% above the last sale price of $195,000.
When was 197 Cedar Creek Rd built?
197 Cedar Creek Rd was built in 1994.
How does 197 Cedar Creek Rd compare to others on Cedar Creek Rd?
We track 4 other properties on Cedar Creek Rd. Browse the list under "Other properties on Cedar Creek Rd" to compare beds, baths, and sale history.
What are the property facts for 197 Cedar Creek Rd?
197 Cedar Creek Rd is a 3 bed, 1 bath, 1,008 sqft, 36,208 sqft lot single_family.
Is 197 Cedar Creek Rd a flip candidate?
Yes — 197 Cedar Creek Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 197 Cedar Creek Rd a tax-appeal candidate?
No — 197 Cedar Creek 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
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$422.8K
2026 Q4
$438.1K
ZIP 27583 — Median Price History + Forecast

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