545 Morrison Farm Rd
Troutman, NC 28166
3 bd 3 ba 2,557 sqft Built 2023 Lot 54,014 sqft single_family
Most recent sale
$65,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 17, 2025 | Sold | $640,000 | CanopyMLS |
| Oct 21, 2025 | Listed | $640,000 | CanopyMLS |
| Jul 19, 2025 | Price changed | $640,000 | CanopyMLS |
| Jul 16, 2025 | Price changed | $660,000 | CanopyMLS |
| Jun 8, 2025 | Price changed | $675,000 | CanopyMLS |
| May 7, 2025 | Listed | $695,000 | CanopyMLS |
| Jun 13, 2024 | Price changed | $565,900 | CanopyMLS |
| May 24, 2024 | Price changed | $599,900 | CanopyMLS |
| Apr 23, 2024 | Price changed | $635,000 | CanopyMLS |
| Apr 4, 2024 | Price changed | $670,000 | CanopyMLS |
| Mar 17, 2024 | Price changed | $675,000 | CanopyMLS |
| Feb 19, 2024 | Listed | $695,000 | CanopyMLS |
| Aug 12, 2022 | Sold | $65,000 | Public Record |
| Sep 4, 2020 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $448,700 | $70,000 | $518,700 | $5,765 |
| 2024 | $448,700 | $70,000 | $518,700 | $5,765 |
| 2023 | — | $70,000 | $70,000 | $770 |
| 2022 | — | $50,000 | $50,000 | $578 |
| 2021 | — | $50,000 | $50,000 | $573 |
| 2020 | — | $50,000 | $50,000 | $573 |
| 2019 | — | $50,000 | $50,000 | $561 |
| 2018 | — | $30,000 | $30,000 | $335 |
| 2017 | — | $30,000 | $30,000 | $335 |
| 2016 | — | $30,000 | $30,000 | $335 |
Property facts
Year built
2023
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,557 sqft
Lot size
54,014 sqft
ZIP code
28166
City
Troutman
Street
Morrison Farm Rd
Coordinates
35.64516, -80.92577
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 545 Morrison Farm Rd last sell?
545 Morrison Farm Rd most recently sold on Aug 12, 2022 for $65,000.
What is the current tax assessment for 545 Morrison Farm Rd?
The most recent total assessment for 545 Morrison Farm Rd (year 2025) is $518,700 with $5,765 in property tax.
How does 545 Morrison Farm Rd's assessment compare to its last sale price?
The current assessment is 698.0% above the last sale price of $65,000.
When was 545 Morrison Farm Rd built?
545 Morrison Farm Rd was built in 2023.
How does 545 Morrison Farm Rd compare to others on Morrison Farm Rd?
We track 8 other properties on Morrison Farm Rd. Browse the list under "Other properties on Morrison Farm Rd" to compare beds, baths, and sale history.
What are the property facts for 545 Morrison Farm Rd?
545 Morrison Farm Rd is a 3 bed, 3 bath, 2,557 sqft, 54,014 sqft lot single_family.
Is 545 Morrison Farm Rd a flip candidate?
No — 545 Morrison Farm Rd does not appear in our flips dataset.
Is 545 Morrison Farm Rd a tax-appeal candidate?
No — 545 Morrison Farm Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-8.2%
Implied 1-yr
-33.0%
2026 Q3
$332.3K
2026 Q4
$332.3K
ZIP 28166 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Morrison Farm Rd