508 Flannel Way
Zebulon, NC 27597
3 bd 3 ba 1,842 sqft Built 2021 Lot 5,663 sqft single_family
Most recent sale
$256,000
Nov 30, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2024 | Listed | $350,000 | TriangleAreaNC |
| Mar 9, 2023 | Listing removed | — | Zumper |
| Mar 3, 2023 | Listed for rent | $1,795 | Zumper |
| Nov 30, 2021 | Sold | $256,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $249,160 | $70,000 | $319,160 | $3,511 |
| 2024 | $249,160 | $70,000 | $319,160 | $3,500 |
| 2023 | $160,930 | $58,000 | $218,930 | $2,717 |
| 2022 | — | $58,000 | $58,000 | $2,635 |
| 2021 | — | $58,000 | $58,000 | $73 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,842 sqft
Lot size
5,663 sqft
ZIP code
27597
City
Zebulon
Street
Flannel Way
Coordinates
35.83789, -78.30686
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,487
Gross rental yield
11.66%
Implied cap rate
7.58%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Flannel Way last sell?
508 Flannel Way most recently sold on Nov 30, 2021 for $256,000.
What is the current tax assessment for 508 Flannel Way?
The most recent total assessment for 508 Flannel Way (year 2025) is $319,160 with $3,511 in property tax.
How does 508 Flannel Way's assessment compare to its last sale price?
The current assessment is 24.7% above the last sale price of $256,000.
When was 508 Flannel Way built?
508 Flannel Way was built in 2021.
How does 508 Flannel Way compare to others on Flannel Way?
We track 8 other properties on Flannel Way. Browse the list under "Other properties on Flannel Way" to compare beds, baths, and sale history.
What are the property facts for 508 Flannel Way?
508 Flannel Way is a 3 bed, 3 bath, 1,842 sqft, 5,663 sqft lot single_family.
Is 508 Flannel Way a flip candidate?
No — 508 Flannel Way does not appear in our flips dataset.
Is 508 Flannel Way a tax-appeal candidate?
Yes — 508 Flannel Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$526.6K
2026 Q4
$540.9K
ZIP 27597 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Flannel Way