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247 Rocky Mountain Way

Arden, NC 28704

2 bd 2 ba 978 sqft Built 1996 Lot 2,614 sqft townhomes
Most recent sale
$275,000
Apr 11, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Listed $295,000 CanopyMLS
Apr 11, 2023 Sold $275,000 CanopyMLS
Feb 23, 2023 Listed $280,000 CanopyMLS
Mar 30, 2020 Sold $165,000 CanopyMLS
Mar 31, 2006 Sold $110,000 Public Record
Dec 17, 1998 Sold $92,000 Public Record
Jul 3, 1996 Sold $86,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $140,600 $30,000 $170,600 $1,099
2024 $140,600 $30,000 $170,600 $1,050
2023 $140,600 $30,000 $170,600 $1,016
2022 $140,600 $30,000 $170,600 $999
2021 $140,600 $30,000 $170,600 $999
2020 $114,200 $25,000 $139,200 $876
2019 $114,200 $25,000 $139,200 $876
2018 $114,200 $25,000 $139,200 $876
2017 $114,200 $25,000 $139,200 $876
2016 $95,700 $20,000 $115,700 $804
2015 $95,700 $20,000 $115,700 $804
2014 $95,700 $20,000 $115,700 $804
2013 $95,700 $20,000 $115,700 $804
2012 $98,800 $20,000 $118,800 $716
2011 $98,800 $20,000 $118,800 $716
2010 $98,800 $20,000 $118,800 $716
2009 $98,800 $20,000 $118,800 $716
2008 $98,800 $20,000 $118,800 $716
2007 $98,800 $20,000 $118,800 $716

Property facts

Year built
1996
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
978 sqft
Lot size
2,614 sqft
ZIP code
28704
City
Arden
Street
Rocky Mountain Way
Coordinates
35.45268, -82.57061

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
$1,320
Gross rental yield
5.76%
Implied cap rate
3.74%
Trend-extrapolated value

Frequently asked questions

When did 247 Rocky Mountain Way last sell?
247 Rocky Mountain Way most recently sold on Apr 11, 2023 for $275,000.
What is the current tax assessment for 247 Rocky Mountain Way?
The most recent total assessment for 247 Rocky Mountain Way (year 2025) is $170,600 with $1,099 in property tax.
How does 247 Rocky Mountain Way's assessment compare to its last sale price?
The current assessment is 38.0% below the last sale price of $275,000.
When was 247 Rocky Mountain Way built?
247 Rocky Mountain Way was built in 1996.
How does 247 Rocky Mountain Way compare to others on Rocky Mountain Way?
We track 8 other properties on Rocky Mountain Way. Browse the list under "Other properties on Rocky Mountain Way" to compare beds, baths, and sale history.
What are the property facts for 247 Rocky Mountain Way?
247 Rocky Mountain Way is a 2 bed, 2 bath, 978 sqft, 2,614 sqft lot townhomes.
Is 247 Rocky Mountain Way a flip candidate?
No — 247 Rocky Mountain Way does not appear in our flips dataset.
Is 247 Rocky Mountain Way a tax-appeal candidate?
No — 247 Rocky Mountain Way 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$1.08M
2026 Q4
$1.11M
ZIP 28704 — Median Price History + Forecast

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