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85 Ormond Ave

Asheville, NC 28806

3 bd 3 ba 1,697 sqft Built 1950 Lot 14,375 sqft single_family
Most recent sale
$480,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 18, 2024 Sold $575,000 Public Record
Jul 20, 2022 Sold $480,000 MLS #3863019
Jun 16, 2022 Listed $435,000 MLS #3863019
Oct 20, 2015 Sold $180,000 MLS #NCM529585
Jan 9, 2013 Sold $180,000 Public Record
Jan 8, 2013 Sold $180,000 MLS #529585
Jan 8, 2013 Listed $179,900 MLS #NCM529585
Dec 5, 2012 Listed $179,900 MLS #529585

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $283,900 $88,900 $372,800 $4,095
2024 $283,900 $88,900 $372,800 $3,851
2023 $283,900 $88,900 $372,800 $3,754
2022 $178,500 $88,900 $267,400 $2,666
2021 $178,500 $88,900 $267,400 $2,667
2020 $144,600 $76,200 $220,800 $2,380
2019 $144,600 $76,200 $220,800 $2,380
2018 $144,600 $76,200 $220,800 $2,380
2017 $144,600 $76,200 $220,800 $2,402
2016 $117,500 $42,300 $159,800 $1,964
2015 $117,500 $42,300 $159,800 $1,964
2014 $117,500 $42,300 $159,800 $1,940
2013 $117,500 $42,300 $159,800 $1,940
2012 $108,600 $30,400 $139,000 $1,489
2011 $105,600 $30,400 $136,000 $1,489
2010 $105,600 $30,400 $136,000 $1,489
2009 $105,600 $30,400 $136,000 $1,489
2008 $105,600 $30,400 $136,000 $1,489
2007 $105,600 $30,400 $136,000 $1,489

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,697 sqft
Lot size
14,375 sqft
ZIP code
28806
City
Asheville
Street
Ormond Ave
Coordinates
35.57997, -82.60684

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,291
Gross rental yield
5.73%
Implied cap rate
3.72%
Trend-extrapolated value

Frequently asked questions

When did 85 Ormond Ave last sell?
85 Ormond Ave most recently sold on Jul 20, 2022 for $480,000.
What is the current tax assessment for 85 Ormond Ave?
The most recent total assessment for 85 Ormond Ave (year 2025) is $372,800 with $4,095 in property tax.
How does 85 Ormond Ave's assessment compare to its last sale price?
The current assessment is 22.3% below the last sale price of $480,000.
When was 85 Ormond Ave built?
85 Ormond Ave was built in 1950.
How does 85 Ormond Ave compare to others on Ormond Ave?
We track 7 other properties on Ormond Ave. Browse the list under "Other properties on Ormond Ave" to compare beds, baths, and sale history.
What are the property facts for 85 Ormond Ave?
85 Ormond Ave is a 3 bed, 3 bath, 1,697 sqft, 14,375 sqft lot single_family.
Is 85 Ormond Ave a flip candidate?
No — 85 Ormond Ave does not appear in our flips dataset.
Is 85 Ormond Ave a tax-appeal candidate?
No — 85 Ormond 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
-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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