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506 Somerset Dr

Washington, NC 27889

3 bd 2 ba 1,997 sqft Built 2008 Lot 6,970 sqft single_family
Most recent sale
$304,900
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $304,900 MLS #100326675
May 27, 2022 Price changed $349,000 MLS #100326675
May 9, 2022 Listed $372,000 MLS #100326675
Dec 3, 2014 Sold $200,000 Public Record
Nov 3, 2010 Listing removed $268,500 NCRBeaufort
Jul 23, 2010 Price changed $268,500 MLS #25448
Jul 21, 2010 Listed $288,500 MLS #25448

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $267,916 $45,960 $313,876 $1,396
2024 $267,916 $45,960 $313,876 $3,293
2023 $227,053 $30,625 $257,678 $3,285
2022 $227,053 $30,625 $257,678 $133
2021 $227,053 $30,625 $257,678 $2,517
2020 $227,053 $30,625 $257,678 $1,583
2019 $227,053 $30,625 $257,678 $3,157
2018 $227,053 $30,625 $257,678 $2,580
2017 $259,677 $30,000 $289,677 $2,595
2016 $259,677 $30,000 $289,677 $3,245
2015 $259,677 $30,000 $289,677 $1,025
2014 $259,677 $30,000 $289,677 $3,074

Property facts

Year built
2008
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,997 sqft
Lot size
6,970 sqft
ZIP code
27889
City
Washington
Street
Somerset Dr
Coordinates
35.56799, -77.03033

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
$2,696
Gross rental yield
10.61%
Implied cap rate
6.90%
Trend-extrapolated value

Frequently asked questions

When did 506 Somerset Dr last sell?
506 Somerset Dr most recently sold on Aug 25, 2022 for $304,900.
What is the current tax assessment for 506 Somerset Dr?
The most recent total assessment for 506 Somerset Dr (year 2025) is $313,876 with $1,396 in property tax.
How does 506 Somerset Dr's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $304,900.
When was 506 Somerset Dr built?
506 Somerset Dr was built in 2008.
How does 506 Somerset Dr compare to others on Somerset Dr?
We track 2 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 506 Somerset Dr?
506 Somerset Dr is a 3 bed, 2 bath, 1,997 sqft, 6,970 sqft lot single_family.
Is 506 Somerset Dr a flip candidate?
No — 506 Somerset Dr does not appear in our flips dataset.
Is 506 Somerset Dr a tax-appeal candidate?
No — 506 Somerset Dr 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
+3.5%
Implied 1-yr
+13.9%
2026 Q3
$331.1K
2026 Q4
$340.5K
ZIP 27889 — Median Price History + Forecast

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