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1237 Channel Drop Loop

Zebulon, NC 27597

3 bd 3 ba 1,586 sqft Built 2023 Lot 2,178 sqft townhomes
Most recent sale
$255,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2024 Listing removed DRBGroup
Apr 12, 2024 Sold $255,000 Public Record
Mar 21, 2024 Sold $255,000 DoorifyMLS
Nov 15, 2023 Price changed $272,014 DRBGroup
Nov 14, 2023 Price changed $272,709 DoorifyMLS
May 20, 2023 Listed $287,709 DRBGroup
May 19, 2023 Listed $287,709 DoorifyMLS
Apr 14, 2023 Sold $345,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $231,853 $50,000 $281,853 $3,103
2024 $231,853 $50,000 $281,853 $3,093
2023 $50,000 $50,000 $36

Property facts

Year built
2023
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,586 sqft
Lot size
2,178 sqft
ZIP code
27597
City
Zebulon
Street
Channel Drop Loop
Coordinates
35.81028, -78.27227

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
$2,141
Gross rental yield
10.08%
Implied cap rate
6.55%
Trend-extrapolated value

Frequently asked questions

When did 1237 Channel Drop Loop last sell?
1237 Channel Drop Loop most recently sold on Apr 12, 2024 for $255,000.
What is the current tax assessment for 1237 Channel Drop Loop?
The most recent total assessment for 1237 Channel Drop Loop (year 2025) is $281,853 with $3,103 in property tax.
How does 1237 Channel Drop Loop's assessment compare to its last sale price?
The current assessment is 10.5% above the last sale price of $255,000.
When was 1237 Channel Drop Loop built?
1237 Channel Drop Loop was built in 2023.
How does 1237 Channel Drop Loop compare to others on Channel Drop Loop?
We track 8 other properties on Channel Drop Loop. Browse the list under "Other properties on Channel Drop Loop" to compare beds, baths, and sale history.
What are the property facts for 1237 Channel Drop Loop?
1237 Channel Drop Loop is a 3 bed, 3 bath, 1,586 sqft, 2,178 sqft lot townhomes.
Is 1237 Channel Drop Loop a flip candidate?
No — 1237 Channel Drop Loop does not appear in our flips dataset.
Is 1237 Channel Drop Loop a tax-appeal candidate?
No — 1237 Channel Drop Loop 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
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$526.6K
2026 Q4
$540.9K
ZIP 27597 — Median Price History + Forecast

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