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28 Drake St

Asheville, NC 28806

4 bd 3 ba 1,607 sqft Built 1925 Lot 6,969 sqft single_family
Most recent sale
$650,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 2, 2025 Listing removed $2,400 CanopyMLS
Jul 1, 2025 Listed for rent $2,400 CanopyMLS
Jul 14, 2022 Sold $650,000 MLS #3861540
Jun 21, 2022 Price changed $675,000 MLS #3861540
Jun 2, 2022 Price changed $699,000 MLS #3861540
May 23, 2022 Listed $729,000 MLS #3861540

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $429,100 $85,800 $514,900 $5,656
2024 $429,100 $85,800 $514,900 $5,319
2023 $390,500 $85,800 $476,300 $4,797
2022 $149,800 $85,800 $235,600 $2,349
2021 $149,800 $85,800 $235,600 $2,349
2020 $117,100 $61,300 $178,400 $1,923
2019 $117,100 $61,300 $178,400 $1,923
2018 $117,100 $61,300 $178,400 $1,922
2017 $117,100 $61,300 $178,400 $1,941
2016 $80,500 $31,400 $111,900 $1,375
2015 $80,500 $31,400 $111,900 $1,375
2014 $80,500 $31,400 $111,900 $1,358
2013 $80,500 $31,400 $111,900 $1,358
2012 $97,600 $24,300 $121,900 $1,335
2011 $97,600 $24,300 $121,900 $1,335
2010 $97,600 $24,300 $121,900 $1,335
2009 $97,600 $24,300 $121,900 $1,335
2008 $97,600 $24,300 $121,900 $1,335
2007 $97,600 $24,300 $121,900 $1,334

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,607 sqft
Lot size
6,969 sqft
ZIP code
28806
City
Asheville
Street
Drake St
Coordinates
35.57265, -82.58834

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,169
Gross rental yield
4.00%
Implied cap rate
2.60%
Trend-extrapolated value

Frequently asked questions

When did 28 Drake St last sell?
28 Drake St most recently sold on Jul 14, 2022 for $650,000.
What is the current tax assessment for 28 Drake St?
The most recent total assessment for 28 Drake St (year 2025) is $514,900 with $5,656 in property tax.
How does 28 Drake St's assessment compare to its last sale price?
The current assessment is 20.8% below the last sale price of $650,000.
When was 28 Drake St built?
28 Drake St was built in 1925.
How does 28 Drake St compare to others on Drake St?
We track 4 other properties on Drake St. Browse the list under "Other properties on Drake St" to compare beds, baths, and sale history.
What are the property facts for 28 Drake St?
28 Drake St is a 4 bed, 3 bath, 1,607 sqft, 6,969 sqft lot single_family.
Is 28 Drake St a flip candidate?
No — 28 Drake St does not appear in our flips dataset.
Is 28 Drake St a tax-appeal candidate?
No — 28 Drake St 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
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$423.8K
2026 Q4
$417.8K
ZIP 28806 — Median Price History + Forecast

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