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127 Elder Ln

Troutman, NC 28166

2 bd 1 ba 1,018 sqft Built 1940 Lot 35,719 sqft single_family
Most recent sale
$63,500
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $63,500 MLS #3862351
May 25, 2022 Listed $125,000 MLS #3862351

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $38,190 $25,000 $63,190 $755
2024 $38,190 $25,000 $63,190 $755
2023 $38,190 $25,000 $63,190 $755
2022 $32,560 $9,900 $42,460 $551
2021 $32,560 $9,900 $42,460 $543
2020 $32,560 $9,900 $42,460 $543
2019 $32,560 $9,900 $42,460 $533
2018 $32,140 $9,900 $42,040 $522
2017 $32,140 $9,900 $42,040 $522
2016 $32,140 $9,900 $42,040 $522
2015 $32,140 $9,900 $42,040 $501
2014 $30,880 $9,900 $40,780 $468
2013 $30,880 $9,900 $40,780 $456

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,018 sqft
Lot size
35,719 sqft
ZIP code
28166
City
Troutman
Street
Elder Ln
Coordinates
35.70175, -80.89672

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$381
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 127 Elder Ln last sell?
127 Elder Ln most recently sold on Jun 24, 2022 for $63,500.
What is the current tax assessment for 127 Elder Ln?
The most recent total assessment for 127 Elder Ln (year 2025) is $63,190 with $755 in property tax.
How does 127 Elder Ln's assessment compare to its last sale price?
The current assessment is 0.5% below the last sale price of $63,500.
When was 127 Elder Ln built?
127 Elder Ln was built in 1940.
How does 127 Elder Ln compare to others on Elder Ln?
We track 3 other properties on Elder Ln. Browse the list under "Other properties on Elder Ln" to compare beds, baths, and sale history.
What are the property facts for 127 Elder Ln?
127 Elder Ln is a 2 bed, 1 bath, 1,018 sqft, 35,719 sqft lot single_family.
Is 127 Elder Ln a flip candidate?
No — 127 Elder Ln does not appear in our flips dataset.
Is 127 Elder Ln a tax-appeal candidate?
No — 127 Elder 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
-8.2%
Implied 1-yr
-33.0%
2026 Q3
$332.3K
2026 Q4
$332.3K
ZIP 28166 — Median Price History + Forecast

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