228 Lipe Rd, Troutman, NC 28166
OFF MARKET

$148,900

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 640 sqft (on 1 acre)

228 Lipe Rd, Troutman, NC 28166

Est. Refi. Payment $906/mo*
Refinance Your Home

Home Value

Trulia Estimate
$149K
Since last month
Decreased$4K (-2.6%)
Since last year
Increased$14K (+10.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +140% in the last 10 years
MonthEstimated value
2026
August 2026$149K
July 2026$153K
June 2026$155K
May 2026$153K
April 2026$148K
March 2026$152K
February 2026$140K
January 2026$142K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
202 Applehill Rd, Troutman, NC
0.35
Single-Family Home
$200,000
06/29/26
4
1
1,746
124 Stately Pines Dr, Troutman, NC
0.46
Single-Family Home
$305,000
05/20/26
3
2
1,033
144 Hawks Landing Dr, Troutman, NC
0.52
Single-Family Home
$415,000
06/10/26
3
2
1,607
146 Misty Spring Rd, Troutman, NC
0.56
Single-Family Home
$300,000
05/28/26
3
2
1,130
125 Grafton Pl, Troutman, NC
0.85
Single-Family Home
$350,000
04/30/26
3
2
1,424
128 Farmdale Dr, Troutman, NC
0.70
Single-Family Home
$352,151
11/18/25
3
2
1,433
221 Brook Creek Dr, Troutman, NC
0.88
Single-Family Home
$260,000
12/12/25
3
2
1,099
125 Rills Crossing Way, Troutman, NC
0.60
Single-Family Home
$378,900
11/24/25
3
2
1,552
128 N Sina St, Troutman, NC
0.58
Single-Family Home
$345,000
03/03/26
3
3
1,692
101 Rills Crossing Way, Troutman, NC
0.60
Single-Family Home
$409,900
06/16/26
3
2.5
1,742

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
208 Lipe Rd, Troutman, NC 28166
0.09
$194,000
3
1
982
Off Market
159 Applehill Rd, Troutman, NC 28166
0.38
$277,100
1
1
607
Off Market
116 Lipe Rd, Troutman, NC 28166
0.45
$699,900
-
-
-
For Sale
113 Misty Spring Rd, Troutman, NC 28166
0.42
$324,900
3
2
1,191
Off Market
124 Stately Pines Dr, Troutman, NC 28166
0.46
$305,000
3
2
1,033
Recently Sold
245 Clontz Hill Rd, Troutman, NC 28166
0.45
$588,500
3
3
2,794
Off Market
182 Flower House Loop, Troutman, NC 28166
0.51
$334,600
3
2
1,330
Off Market
131 Misty Spring Rd, Troutman, NC 28166
0.50
$334,800
3
2
1,262
Off Market
143 Asmodean Ln, Troutman, NC 28166
0.50
$510,000
1
1
3,113
Recently Sold
134 Asmodean Ln, Troutman, NC 28166
0.50
$537,400
5
4
3,396
Off Market
144 Hawks Landing Dr, Troutman, NC 28166
0.52
$415,000
3
2
1,607
Recently Sold
139 Asmodean Ln, Troutman, NC 28166
0.50
$476,300
5
4
2,936
Off Market

Local Information

  • Map ViewExplore the area around 228 Lipe Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1960
Lot Size
1 acre
Living Area
640 sqft
Price/Sqft
$233

About this House

This single-family home is located at 228 Lipe Rd, Troutman, NC. 228 Lipe Rd is in Troutman, NC and in ZIP code 28166. This property has 3 bedrooms, 1 bathroom and approximately 640 sqft of floor space. This property has a lot size of 1 acre and was built in 1960.
228 Lipe Rd, Troutman, NC 28166 is a 3 bedroom, 1 bathroom, 640 sqft single-family home built in 1960. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $148,900, with a rent estimate of $1,313/month.

Home Details for 228 Lipe Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Softwood, Hardwood
Interior Details
Additional StorageStorage

Exterior Features

Exterior Home Features
Roof: CompositionExterior: OtherFoundation Type: Piers

Property Information

Year Built
Year Built: 1960Year Updated: 1960
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 1 acre

Price and Tax history

YearProperty taxTax assessment
2025
$613
$92,180
Home facts updated by county records

Market trends in Troutman

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$386K
$15.5KMoM
Sale-to-List Price
—
Price per sq ft
$201
$4MoM
Available listings
138
5MoM

Around this home

What Locals Say about Troutman

At least 34 Trulia users voted on each feature.

  • 93 % Say car is needed

  • 88 % Say yards are well-kept

  • 88 % Say parking is easy

  • 73 % Say there's holiday spirit

  • 72 % Say kids play outside

  • 71 % Say it's dog friendly

  • 63 % Say there's wildlife

  • 61 % Say people would walk alone at night

  • 54 % Say it's walkable to restaurants

  • 53 % Say it's quiet

  • 53 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to grocery stores

  • 44 % Say streets are well-lit

  • 38 % Say there are sidewalks

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 9wrtkpf2xh
    "It’s a beautiful place to live & the this is home!!! Troutman is warm & cozy, everyone knows everyone. It’s a great place to live. I’ve been all over the country and other countries & I always come HOME❤️"
    0
    Flag
  • Dee
    "None not many friendly people. No amenities, no events. Do not like the area. Instead of others helping others they do not. "
    3
    Flag
  • Pownalld
    "Great place to live, great community, great neighbors , quiet area, great police department great for walks "
    4
    Flag
  • Boss
    "We live in a neighborhood with 8 homes and we all get along great! Wouldn’t want to live anywhere else!"
    1
    Flag
  • Amos L. N.
    "we have great schools and have neighborhoods.. sidewalks are everywhere for one to get around without having to walk rds"
    0
    Flag
  • Toothgurl0823
    "I love troutman NC. It is definitely a growing community. Many businesses are close by with job opportunities for everyone. Safe and quiet, a great place to raise children. "
    0
    Flag
  • Unspecified
    "You must own a car. Troutman is growing, but you still have to leave the town to get things you need. "
    1
    Flag
  • Tlpellein62
    "This is a very small town and people recognize each other when in the grocery store or at the park. Very family oriented with great family values. "
    1
    Flag
  • Paul C.
    "I live in Talley Ridge and it's a great neighborhood. Troutman is very convenient to live in. highways 77 and 40 are within 15 minutes. 20 minutues from lake Norman.10 minutes to Duke Power State park. love the small town that is starting to grow."
    0
    Flag
  • Cheryl G.
    "Living in Troutman is wonderful! If it just had bike lanes, it would be perfect . The Lake Norman State Park is a great place to take the family. Love it."
    0
    Flag
  • Connie H.
    "Growing quaint town. Great place for kids or retirement."
    2
    Flag
  • Jamie c.
    "The area is wonderful, peaceful and family oriented. We have not heard of or had any crime in our neighborhood. A few short minutes to the state park, with picnic and boat ramp access, walking trails and swimming. The area has great homes, many on the lake. This is the perfect neighborhood to start a family and or buy your first home."
    0
    Flag
  • Dd
    "Troutman offers a quiet residential area that is just minutes from the hustle and bustle of Mooresville. Easy access to freeways, many new neighborhoods, an up and coming area of Lake Norman."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 228 Lipe Rd

  • What is 228 Lipe Rd estimated to be worth?
    Trulia's estimated value for 228 Lipe Rd in Troutman, NC is $148,900.
  • Is Troutman a buyer's or seller's market?
    Troutman is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Troutman?
    The median sale price in Troutman is $386K. That is up $15.5K from the prior month.
  • What do residents say about Troutman?
    Residents describe Troutman, NC as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Troutman, NC.
  • How big is the lot at 228 Lipe Rd?
    The lot at 228 Lipe Rd in Troutman, NC is about 1 acre.

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Off Market Homes Near 228 Lipe Rd

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