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8 Lorraine Ave

Asheville, NC 28804

3 bd 2 ba 1,852 sqft Built 1948 Lot 10,019 sqft single_family
Most recent sale
$655,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $655,000 MLS #3863586
Jun 7, 2022 Price changed $692,000 MLS #3863586
May 27, 2022 Listed $700,000 MLS #3863586
Dec 11, 2019 Sold $445,000 MLS #3561049
Oct 17, 2019 Listed $450,000 MLS #3561049
May 23, 2018 Sold $425,700 MLS #3366123
Mar 9, 2018 Listed $429,000 MLS #3366123
Oct 15, 2011 Listing removed $305,000 NWCarolina
Oct 5, 2011 Price changed $305,000 MLS #485688
Aug 1, 2011 Price changed $320,000 MLS #485688
May 16, 2011 Listed $335,000 MLS #485688
Feb 23, 2005 Sold $318,000 Public Record
Feb 25, 1992 Sold $109,500 Public Record
Mar 21, 1989 Sold $28,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $404,600 $88,600 $493,200 $5,417
2024 $404,600 $88,600 $493,200 $5,095
2023 $404,600 $88,600 $493,200 $4,967
2022 $404,600 $88,600 $493,200 $4,918
2021 $404,600 $88,600 $493,200 $4,918
2020 $310,900 $88,600 $399,500 $4,306
2019 $280,200 $88,600 $368,800 $4,206
2018 $280,200 $88,600 $368,800 $3,975
2017 $280,200 $88,600 $368,800 $4,012
2016 $205,900 $80,500 $286,400 $3,520
2015 $205,900 $80,500 $286,400 $3,520
2014 $205,900 $80,500 $286,400 $3,477
2013 $205,900 $80,500 $286,400 $3,477
2012 $228,100 $69,700 $297,800 $3,261
2011 $228,100 $69,700 $297,800 $3,261
2010 $228,100 $69,700 $297,800 $3,261
2009 $228,100 $69,700 $297,800 $3,261
2008 $228,100 $69,700 $297,800 $3,261
2007 $228,100 $69,700 $297,800 $3,260

Property facts

Year built
1948
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,852 sqft
Lot size
10,019 sqft
ZIP code
28804
City
Asheville
Street
Lorraine Ave
Coordinates
35.62804, -82.54874

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
$2,500
Gross rental yield
4.58%
Implied cap rate
2.98%
Trend-extrapolated value

Frequently asked questions

When did 8 Lorraine Ave last sell?
8 Lorraine Ave most recently sold on Jul 28, 2022 for $655,000.
What is the current tax assessment for 8 Lorraine Ave?
The most recent total assessment for 8 Lorraine Ave (year 2025) is $493,200 with $5,417 in property tax.
How does 8 Lorraine Ave's assessment compare to its last sale price?
The current assessment is 24.7% below the last sale price of $655,000.
When was 8 Lorraine Ave built?
8 Lorraine Ave was built in 1948.
How does 8 Lorraine Ave compare to others on Lorraine Ave?
We track 4 other properties on Lorraine Ave. Browse the list under "Other properties on Lorraine Ave" to compare beds, baths, and sale history.
What are the property facts for 8 Lorraine Ave?
8 Lorraine Ave is a 3 bed, 2 bath, 1,852 sqft, 10,019 sqft lot single_family.
Is 8 Lorraine Ave a flip candidate?
No — 8 Lorraine Ave does not appear in our flips dataset.
Is 8 Lorraine Ave a tax-appeal candidate?
No — 8 Lorraine Ave 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
-2.3%
Implied 1-yr
-9.2%
2026 Q3
$703.2K
2026 Q4
$684.2K
ZIP 28804 — Median Price History + Forecast

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