531 Bailey Rd
Asheville, NC 28806
2 bd 1 ba 760 sqft Built 1962 Lot 14,375 sqft single_family
Most recent sale
$225,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $225,000 | MLS #3858730 |
| May 13, 2022 | Listed | $250,000 | MLS #3858730 |
| Jul 21, 2003 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $135,400 | $34,100 | $169,500 | $1,180 |
| 2024 | $135,400 | $34,100 | $169,500 | $1,106 |
| 2023 | $129,500 | $34,100 | $163,600 | $1,035 |
| 2022 | $77,000 | $34,100 | $111,100 | $692 |
| 2021 | $77,000 | $34,100 | $111,100 | $692 |
| 2020 | $63,900 | $34,100 | $98,000 | $656 |
| 2019 | $63,900 | $34,100 | $98,000 | $656 |
| 2018 | $63,900 | $34,100 | $98,000 | $645 |
| 2017 | $63,900 | $34,100 | $98,000 | $646 |
| 2016 | $49,400 | $27,300 | $76,700 | $555 |
| 2015 | $49,400 | $27,300 | $76,700 | $555 |
| 2014 | $49,400 | $27,300 | $76,700 | $540 |
| 2013 | $49,400 | $27,300 | $76,700 | $540 |
| 2012 | $51,500 | $22,500 | $74,000 | $455 |
| 2011 | $51,500 | $22,500 | $74,000 | $455 |
| 2010 | $51,500 | $22,500 | $74,000 | $455 |
| 2009 | $51,500 | $22,500 | $74,000 | $455 |
| 2008 | $51,500 | $22,500 | $74,000 | $455 |
| 2007 | $51,500 | $22,500 | $74,000 | $447 |
Property facts
Year built
1962
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
760 sqft
Lot size
14,375 sqft
ZIP code
28806
City
Asheville
Street
Bailey Rd
Coordinates
35.58724, -82.63850
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
$1,026
Gross rental yield
5.47%
Implied cap rate
3.56%
Trend-extrapolated value
—
Frequently asked questions
When did 531 Bailey Rd last sell?
531 Bailey Rd most recently sold on Jun 30, 2022 for $225,000.
What is the current tax assessment for 531 Bailey Rd?
The most recent total assessment for 531 Bailey Rd (year 2025) is $169,500 with $1,180 in property tax.
How does 531 Bailey Rd's assessment compare to its last sale price?
The current assessment is 24.7% below the last sale price of $225,000.
When was 531 Bailey Rd built?
531 Bailey Rd was built in 1962.
How does 531 Bailey Rd compare to others on Bailey Rd?
We track 5 other properties on Bailey Rd. Browse the list under "Other properties on Bailey Rd" to compare beds, baths, and sale history.
What are the property facts for 531 Bailey Rd?
531 Bailey Rd is a 2 bed, 1 bath, 760 sqft, 14,375 sqft lot single_family.
Is 531 Bailey Rd a flip candidate?
No — 531 Bailey Rd does not appear in our flips dataset.
Is 531 Bailey Rd a tax-appeal candidate?
No — 531 Bailey Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$423.8K
2026 Q4
$417.8K
ZIP 28806 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Bailey Rd