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118 Naples Rd

Asheville, NC 28804

7 bd 5 ba 3,475 sqft Built 1932 Lot 171,191 sqft multi_family
Most recent sale
$1,325,000
Mar 20, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 20, 2024 Sold $1,325,000 CanopyMLS
Feb 3, 2024 Listing removed CanopyMLS
Jan 29, 2024 Listed $1,295,000 CanopyMLS
Jan 26, 2024 Listed $1,295,000 CanopyMLS
Jul 11, 2023 Listing removed CanopyMLS
Mar 29, 2023 Listed $1,295,000 CanopyMLS
Dec 1, 2021 Sold $725,000 Public Record
Dec 1, 2021 Sold $725,000 MLS #3738234
Sep 5, 2006 Sold $296,000 Public Record
Aug 5, 1993 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $470,100 $148,400 $618,500 $5,714
2021 $418,100 $148,400 $566,500 $5,233
2020 $310,400 $86,300 $396,700 $3,804
2019 $310,400 $86,300 $396,700 $3,804
2018 $310,400 $86,300 $396,700 $3,606
2017 $310,400 $86,300 $396,700 $3,645
2016 $191,000 $86,300 $277,300 $2,797
2015 $191,000 $86,300 $277,300 $2,797
2014 $191,000 $86,300 $277,300 $2,797
2013 $191,000 $86,300 $277,300 $2,797
2012 $226,100 $74,200 $300,300 $2,672
2011 $226,100 $74,200 $300,300 $1,372
2010 $226,100 $74,200 $300,300 $2,672
2009 $226,100 $74,200 $300,300 $2,672
2008 $226,100 $74,200 $300,300 $2,672
2007 $226,100 $74,200 $300,300 $2,672

Property facts

Year built
1932
Property type
multi_family
Stories
3
Beds
7
Baths
5
Living area
3,475 sqft
Lot size
171,191 sqft
ZIP code
28804
City
Asheville
Street
Naples Rd
Coordinates
35.65609, -82.57797

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,691
Gross rental yield
4.25%
Implied cap rate
2.76%
Trend-extrapolated value

Frequently asked questions

When did 118 Naples Rd last sell?
118 Naples Rd most recently sold on Mar 20, 2024 for $1,325,000.
What is the current tax assessment for 118 Naples Rd?
The most recent total assessment for 118 Naples Rd (year 2022) is $618,500 with $5,714 in property tax.
How does 118 Naples Rd's assessment compare to its last sale price?
The current assessment is 53.3% below the last sale price of $1,325,000.
When was 118 Naples Rd built?
118 Naples Rd was built in 1932.
How does 118 Naples Rd compare to others on Naples Rd?
We do not currently track other properties on Naples Rd.
What are the property facts for 118 Naples Rd?
118 Naples Rd is a 7 bed, 5 bath, 3,475 sqft, 171,191 sqft lot multi_family.
Is 118 Naples Rd a flip candidate?
No — 118 Naples Rd does not appear in our flips dataset.
Is 118 Naples Rd a tax-appeal candidate?
No — 118 Naples 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
-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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