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40 Cedarcliff Cir

Asheville, NC 28803

2 bd 2 ba 1,550 sqft Built 1989 Lot 5,663 sqft condo
Most recent sale
$475,000
Mar 25, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2024 Sold $475,000 CanopyMLS
Feb 5, 2024 Listed $475,000 CanopyMLS
Jun 24, 2016 Sold $235,000 Public Record
Nov 20, 2007 Sold $250,000 Public Record
Sep 2, 2003 Sold $152,000 Public Record
Jul 29, 1992 Sold $122,750 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $245,600 $25,000 $270,600 $1,833
2024 $245,600 $25,000 $270,600 $1,608
2023 $230,300 $25,000 $255,300 $779
2022 $230,300 $25,000 $255,300 $766
2021 $230,300 $25,000 $255,300 $1,532
2020 $196,700 $25,000 $221,700 $1,445
2019 $196,700 $25,000 $221,700 $1,445
2018 $196,700 $25,000 $221,700 $1,445
2017 $196,700 $25,000 $221,700 $1,445
2016 $150,000 $25,000 $175,000 $627
2015 $150,000 $25,000 $175,000 $627
2014 $149,900 $25,000 $174,900 $1,254
2013 $149,900 $25,000 $174,900 $1,254
2012 $170,000 $10,000 $180,000 $571
2011 $170,000 $10,000 $180,000 $571
2010 $170,000 $10,000 $180,000 $1,143
2009 $170,000 $10,000 $180,000 $571
2008 $170,000 $10,000 $180,000 $1,143
2007 $170,000 $10,000 $180,000 $1,107

Property facts

Year built
1989
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,550 sqft
Lot size
5,663 sqft
ZIP code
28803
City
Asheville
Street
Cedarcliff Cir
Coordinates
35.55210, -82.48207

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
$2,093
Gross rental yield
5.29%
Implied cap rate
3.44%
Trend-extrapolated value

Frequently asked questions

When did 40 Cedarcliff Cir last sell?
40 Cedarcliff Cir most recently sold on Mar 25, 2024 for $475,000.
What is the current tax assessment for 40 Cedarcliff Cir?
The most recent total assessment for 40 Cedarcliff Cir (year 2025) is $270,600 with $1,833 in property tax.
How does 40 Cedarcliff Cir's assessment compare to its last sale price?
The current assessment is 43.0% below the last sale price of $475,000.
When was 40 Cedarcliff Cir built?
40 Cedarcliff Cir was built in 1989.
How does 40 Cedarcliff Cir compare to others on Cedarcliff Cir?
We track 8 other properties on Cedarcliff Cir. Browse the list under "Other properties on Cedarcliff Cir" to compare beds, baths, and sale history.
What are the property facts for 40 Cedarcliff Cir?
40 Cedarcliff Cir is a 2 bed, 2 bath, 1,550 sqft, 5,663 sqft lot condo.
Is 40 Cedarcliff Cir a flip candidate?
No — 40 Cedarcliff Cir does not appear in our flips dataset.
Is 40 Cedarcliff Cir a tax-appeal candidate?
No — 40 Cedarcliff Cir 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
-3.0%
Implied 1-yr
-11.8%
2026 Q3
$830.6K
2026 Q4
$830.6K
ZIP 28803 — Median Price History + Forecast

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