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Wilkes 28621
149 Somersault Lane
$213,000
● House - Off Market

149 Somersault Lane

Elkin, NC 28621
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,226 Ft²
$1,071
Est. Monthly

About This Property

Discover the perfect blend of comfort and outdoor living with this charming ranch-style home in Elkin! Set on a generous 0.78 +/- acre lot, this 3-bedroom, 1.5-bath home, with a new roof, offers plenty of space to relax and unwind. Enjoy mornings on your welcoming deck and covered porch, perfect for entertaining or simply taking in the peaceful surroundings. Evenings can be spent around the fire pit, making memories under the stars. The storage buildings provide endless possibilities for hobbies, tools, or extra space, and a convenient attic that offers even more storage. With its inviting layout and thoughtful features, this home is ready for you to make it your own!
Unit Size
1,226 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$178
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (CANOPYMLS #CAR4306538)

Price History

Date / Event Date Event Price
Nov 25, 2025 Sold
Premium
Sold
Oct 28, 2025 In contract -
In contract
Oct 25, 2025 Price Decreased $218,000
↓ $1K (0.5%)
Price Decreased
Sep 26, 2025 Listed by Keller Williams Realty Elite $219,000
Listed by Keller Williams Realty Elite

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,977
  • Total Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEEK GAMBILL & COLBERT
  • Land Acres: 0000000780
  • Standard Land Use Code: 1001
  • County Land Use Code: 110

Neighborhood

  • School District Name: Wilkes County Schools
  • School Tax School District: F05
  • Census Tract: 960101

Geography

  • Assessors Map Reference: MP 4932-59-1614
  • Account Number: 174931
  • District: 06
  • Parcel: 0601934
  • Municipality: EDWARDS
  • Latitude: 36.2894
  • Longitude: -80.9164

    Address

  • Full Address: 149 Somersault Ln
  • Address - House Number: 149
  • Address - Street Name: Somersault
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Elkin
  • Carrier Code: R002
  • 4-Digit Zip Code: 9257
  • Zip Code: 28621

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $86,118

    Appraisal Valuation

  • Standard Deviation: 0.4692
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 6
  • Final Value: 215,184
  • High Value: 316,152
  • Low Value: 114,215

    Market Valuation

  • Market Total Value: $112,090
  • Market Land Value: $10,680
  • Market Improvement Value: $101,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,090
  • Assessed Land Value: $10,680
  • Assessed Improvements Value: $101,410

    Sales

  • Current Sale Contract Date: Mar 19, 2009
  • Current Sale Recording Date: Mar 19, 2009
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wilkes

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$184

Above Asking

9.30%

Average Days on Market

84

Average Home Size

2044 ft²

Average Home Age

44.9 years

Currently For Sale

41 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CANOPYMLS

Listed by: Robert Poole, Keller Williams Realty Elite
Last Updated: 12 months ago
Data Source: CANOPYMLS, MLS# CAR4306538
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 149 Somersault Lane built and last sold?
The property at 149 Somersault Lane was built in 1979 and last sold on Mar 19, 2009 for $0.
How much is this home worth?
The estimated value of the home located at 149 Somersault Lane is $0.
What are some comparable homes to 149 Somersault Lane?
There are currently no comparable homes to 149 Somersault Lane.
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