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1603 Olmsted Dr

Asheville, NC 28803

6 bd 5 ba 5,277 sqft Built 2002 Lot 20,473 sqft single_family
Most recent sale
$1,500,000
Apr 30, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2024 Sold $1,500,000 CanopyMLS
Feb 8, 2024 Listed $1,500,000 CanopyMLS
Aug 24, 2023 Listing removed CanopyMLS
Jul 19, 2023 Price changed $1,525,000 CanopyMLS
Jun 29, 2023 Price changed $1,625,000 CanopyMLS
May 8, 2023 Listed $1,675,000 CanopyMLS
May 14, 2012 Sold $549,000 NWCarolina
Jan 1, 2011 Listing removed $730,000 NWCarolina
Dec 2, 2010 Price changed $730,000 NWCarolina
Sep 4, 2010 Listed $780,000 NWCarolina
Jun 12, 2003 Listed $574,000 NWCarolina
Jun 12, 2003 Sold $549,000 Public Record
Sep 6, 2001 Sold $67,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $816,600 $84,400 $901,000 $8,906
2024 $816,600 $84,400 $901,000 $8,020
2023 $750,800 $84,400 $835,200 $7,525
2022 $750,800 $84,400 $835,200 $7,441
2021 $750,800 $84,400 $835,200 $7,441
2020 $729,800 $84,400 $814,200 $7,799
2019 $729,800 $84,400 $814,200 $7,799
2018 $729,800 $84,400 $814,200 $7,799
2017 $729,800 $84,400 $814,200 $7,880
2016 $706,700 $84,400 $791,100 $8,535
2015 $665,100 $84,400 $749,500 $8,087
2014 $665,100 $84,400 $749,500 $7,974
2013 $665,100 $84,400 $749,500 $7,974
2012 $639,100 $92,600 $731,700 $6,914
2011 $639,100 $92,600 $731,700 $6,914
2010 $639,100 $92,600 $731,700 $6,914
2009 $639,100 $92,600 $731,700 $6,914
2008 $639,100 $92,600 $731,700 $6,914
2007 $506,800 $92,600 $599,400 $5,664

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
5,277 sqft
Lot size
20,473 sqft
ZIP code
28803
City
Asheville
Street
Olmsted Dr
Coordinates
35.48533, -82.54802

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
$7,124
Gross rental yield
5.70%
Implied cap rate
3.70%
Trend-extrapolated value

Frequently asked questions

When did 1603 Olmsted Dr last sell?
1603 Olmsted Dr most recently sold on Apr 30, 2024 for $1,500,000.
What is the current tax assessment for 1603 Olmsted Dr?
The most recent total assessment for 1603 Olmsted Dr (year 2025) is $901,000 with $8,906 in property tax.
How does 1603 Olmsted Dr's assessment compare to its last sale price?
The current assessment is 39.9% below the last sale price of $1,500,000.
When was 1603 Olmsted Dr built?
1603 Olmsted Dr was built in 2002.
How does 1603 Olmsted Dr compare to others on Olmsted Dr?
We track 8 other properties on Olmsted Dr. Browse the list under "Other properties on Olmsted Dr" to compare beds, baths, and sale history.
What are the property facts for 1603 Olmsted Dr?
1603 Olmsted Dr is a 6 bed, 5 bath, 5,277 sqft, 20,473 sqft lot single_family.
Is 1603 Olmsted Dr a flip candidate?
No — 1603 Olmsted Dr does not appear in our flips dataset.
Is 1603 Olmsted Dr a tax-appeal candidate?
No — 1603 Olmsted Dr 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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