248 Rocky Mountain Way
Arden, NC 28704
2 bd 2 ba 952 sqft Built 1996 Lot 2,614 sqft condo
Most recent sale
$285,000
Nov 7, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 7, 2023 | Sold | $285,000 | CanopyMLS |
| Sep 8, 2023 | Listed | $284,900 | CanopyMLS |
| Jul 15, 2016 | Sold | $136,000 | Public Record |
| May 14, 2012 | Sold | $100,000 | NWCarolina |
| Nov 2, 2009 | Sold | $115,000 | Public Record |
| Oct 12, 2009 | Relisted | $125,000 | NWCarolina |
| Aug 16, 2009 | Listing removed | $125,000 | NWCarolina |
| Aug 6, 2009 | Listed | $125,000 | NWCarolina |
| Apr 12, 2009 | Listing removed | $124,900 | NWCarolina |
| Mar 5, 2009 | Price changed | $135,000 | NWCarolina |
| Sep 15, 2008 | Listed | $140,000 | NWCarolina |
| May 5, 2003 | Listed | $99,900 | NWCarolina |
| Jun 25, 1999 | Sold | $103,000 | Public Record |
| Feb 14, 1996 | Sold | $86,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $144,500 | $30,000 | $174,500 | $1,124 |
| 2024 | $144,500 | $30,000 | $174,500 | $1,074 |
| 2023 | $144,500 | $30,000 | $174,500 | $1,040 |
| 2022 | $144,500 | $30,000 | $174,500 | $1,022 |
| 2021 | $144,500 | $30,000 | $174,500 | $1,022 |
| 2020 | $117,600 | $25,000 | $142,600 | $898 |
| 2019 | $117,600 | $25,000 | $142,600 | $898 |
| 2018 | $117,600 | $25,000 | $142,600 | $898 |
| 2017 | $117,600 | $25,000 | $142,600 | $898 |
| 2016 | $99,000 | $20,000 | $119,000 | $827 |
| 2015 | $99,000 | $20,000 | $119,000 | $827 |
| 2014 | $99,000 | $20,000 | $119,000 | $827 |
| 2013 | $99,000 | $20,000 | $119,000 | $827 |
| 2012 | $102,500 | $20,000 | $122,500 | $738 |
| 2011 | $102,500 | $20,000 | $122,500 | $738 |
| 2010 | $102,500 | $20,000 | $122,500 | $738 |
| 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
condo
Stories
1
Beds
2
Baths
2
Living area
952 sqft
Lot size
2,614 sqft
ZIP code
28704
City
Arden
Street
Rocky Mountain Way
Coordinates
35.45246, -82.57045
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,285
Gross rental yield
5.41%
Implied cap rate
3.52%
Trend-extrapolated value
—
Frequently asked questions
When did 248 Rocky Mountain Way last sell?
248 Rocky Mountain Way most recently sold on Nov 7, 2023 for $285,000.
What is the current tax assessment for 248 Rocky Mountain Way?
The most recent total assessment for 248 Rocky Mountain Way (year 2025) is $174,500 with $1,124 in property tax.
How does 248 Rocky Mountain Way's assessment compare to its last sale price?
The current assessment is 38.8% below the last sale price of $285,000.
When was 248 Rocky Mountain Way built?
248 Rocky Mountain Way was built in 1996.
How does 248 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 248 Rocky Mountain Way?
248 Rocky Mountain Way is a 2 bed, 2 bath, 952 sqft, 2,614 sqft lot condo.
Is 248 Rocky Mountain Way a flip candidate?
No — 248 Rocky Mountain Way does not appear in our flips dataset.
Is 248 Rocky Mountain Way a tax-appeal candidate?
No — 248 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 valuationQuarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$1.08M
2026 Q4
$1.11M
ZIP 28704 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rocky Mountain Way