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373 Merrills Cove Rd

Asheville, NC 28803

3 bd 3 ba 2,865 sqft Built 1984 Lot 139,828 sqft single_family
Most recent sale
$1,616,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $1,616,000 MLS #3851868
Apr 27, 2022 Listed $1,295,000 MLS #3851868
Sep 30, 2016 Sold $645,000 MLS #3186402
Jun 15, 2016 Listed $650,000 MLS #3186402
Oct 20, 2015 Sold $550,000 MLS #NCM487235
Jun 30, 2011 Sold $550,000 Public Record
Jun 30, 2011 Listed $575,000 MLS #NCM487235
Jun 13, 2011 Listed $575,000 MLS #487235
Dec 11, 2003 Sold $310,000 Public Record
Sep 4, 1992 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $733,400 $101,500 $834,900 $5,381
2024 $733,400 $101,500 $834,900 $5,139
2023 $733,400 $101,500 $834,900 $4,976
2022 $698,200 $101,500 $799,700 $4,686
2021 $698,200 $101,500 $799,700 $4,686
2020 $632,700 $101,500 $734,200 $4,625
2019 $606,300 $101,500 $707,800 $4,625
2018 $606,300 $101,500 $707,800 $4,459
2017 $606,300 $101,500 $707,800 $4,459
2016 $386,200 $97,200 $483,400 $3,360
2015 $386,200 $97,200 $483,400 $3,360
2014 $386,200 $97,200 $483,400 $3,360
2013 $386,200 $97,200 $483,400 $3,360
2012 $402,500 $67,700 $470,200 $2,835
2011 $240,300 $67,700 $308,000 $1,857
2010 $240,300 $67,700 $308,000 $1,857
2009 $240,300 $67,700 $308,000 $1,857
2008 $240,300 $67,700 $308,000 $1,857
2007 $240,300 $67,700 $308,000 $1,857

Property facts

Year built
1984
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,865 sqft
Lot size
139,828 sqft
ZIP code
28803
City
Asheville
Street
Merrills Cove Rd
Coordinates
35.50020, -82.46936

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,696
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 373 Merrills Cove Rd last sell?
373 Merrills Cove Rd most recently sold on Jun 8, 2022 for $1,616,000.
What is the current tax assessment for 373 Merrills Cove Rd?
The most recent total assessment for 373 Merrills Cove Rd (year 2025) is $834,900 with $5,381 in property tax.
How does 373 Merrills Cove Rd's assessment compare to its last sale price?
The current assessment is 48.3% below the last sale price of $1,616,000.
When was 373 Merrills Cove Rd built?
373 Merrills Cove Rd was built in 1984.
How does 373 Merrills Cove Rd compare to others on Merrills Cove Rd?
We track 8 other properties on Merrills Cove Rd. Browse the list under "Other properties on Merrills Cove Rd" to compare beds, baths, and sale history.
What are the property facts for 373 Merrills Cove Rd?
373 Merrills Cove Rd is a 3 bed, 3 bath, 2,865 sqft, 139,828 sqft lot single_family.
Is 373 Merrills Cove Rd a flip candidate?
No — 373 Merrills Cove Rd does not appear in our flips dataset.
Is 373 Merrills Cove Rd a tax-appeal candidate?
No — 373 Merrills Cove Rd 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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