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704 Timber Ln

Asheville, NC 28804

3 bd 3 ba 2,594 sqft Built 1983 condos
Most recent sale
$685,000
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $685,000 MLS #3837666
Mar 18, 2022 Listed $695,000 MLS #3837666
Nov 12, 2010 Sold $320,000 MLS #472629
Sep 17, 2010 Price changed $350,000 MLS #472629
Aug 19, 2010 Listed $360,000 MLS #472629
Dec 15, 2003 Sold $280,000 Public Record
Aug 22, 2003 Sold $260,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $409,400 $409,400 $4,497
2024 $409,400 $409,400 $5,005
2023 $484,500 $484,500 $4,879
2022 $424,200 $424,200 $4,230
2021 $424,200 $424,200 $4,230
2020 $361,400 $361,400 $3,896
2019 $361,400 $361,400 $3,896
2018 $361,400 $361,400 $3,895
2017 $361,400 $361,400 $3,932
2016 $288,000 $288,000 $3,540
2015 $288,000 $288,000 $3,540
2014 $288,000 $288,000 $3,496
2012 $295,900 $10,000 $305,900 $3,350
2011 $295,900 $10,000 $305,900 $3,350
2010 $295,900 $10,000 $305,900 $3,350
2009 $295,900 $10,000 $305,900 $3,350
2008 $295,900 $10,000 $305,900 $3,350
2007 $295,900 $10,000 $305,900 $3,349

Property facts

Year built
1983
Property type
condos
Stories
1
Beds
3
Baths
3
Living area
2,594 sqft
Lot size
ZIP code
28804
City
Asheville
Street
Timber Ln
Coordinates
35.63741, -82.54582

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
$3,502
Gross rental yield
6.13%
Implied cap rate
3.99%
Trend-extrapolated value

Frequently asked questions

When did 704 Timber Ln last sell?
704 Timber Ln most recently sold on May 11, 2022 for $685,000.
What is the current tax assessment for 704 Timber Ln?
The most recent total assessment for 704 Timber Ln (year 2025) is $409,400 with $4,497 in property tax.
How does 704 Timber Ln's assessment compare to its last sale price?
The current assessment is 40.2% below the last sale price of $685,000.
When was 704 Timber Ln built?
704 Timber Ln was built in 1983.
How does 704 Timber Ln compare to others on Timber Ln?
We track 8 other properties on Timber Ln. Browse the list under "Other properties on Timber Ln" to compare beds, baths, and sale history.
What are the property facts for 704 Timber Ln?
704 Timber Ln is a 3 bed, 3 bath, 2,594 sqft condos.
Is 704 Timber Ln a flip candidate?
No — 704 Timber Ln does not appear in our flips dataset.
Is 704 Timber Ln a tax-appeal candidate?
No — 704 Timber Ln 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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