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647 Town Mountain Rd

Asheville, NC 28804

1 bd 1 ba 600 sqft Built 1965 condos
Most recent sale
$182,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $182,000 MLS #3883856
Jul 15, 2022 Listed $175,000 MLS #3883856
Dec 10, 2019 Sold $139,000 MLS #3541478
Aug 28, 2019 Listed $139,000 MLS #3541478
Oct 28, 2017 Sold $122,500 MLS #3324518
Oct 27, 2017 Listed $129,000 MLS #3324518
Oct 27, 2017 Sold $122,500 MLS #3324518
Sep 28, 2017 Listed $129,000 MLS #3324518
Apr 3, 2008 Sold $155,000 Public Record
Sep 11, 2006 Sold $102,000 Public Record
Nov 16, 1995 Sold $51,000 Public Record
Jun 14, 1993 Sold $49,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $146,000 $146,000 $1,603
2024 $146,000 $146,000 $1,508
2023 $146,000 $146,000 $1,470
2022 $125,700 $125,700 $1,253
2021 $125,700 $125,700 $1,253
2020 $90,100 $90,100 $971
2019 $90,100 $90,100 $971
2018 $90,100 $90,100 $971
2017 $90,100 $90,100 $980
2016 $82,200 $82,200 $1,010
2015 $82,200 $82,200 $1,010
2014 $82,200 $82,200 $998
2013 $82,200 $82,200 $998
2012 $87,600 $87,600 $876
2011 $80,000 $80,000 $876
2010 $80,000 $80,000 $876
2009 $80,000 $80,000 $876
2008 $80,000 $80,000 $876
2007 $80,000 $80,000 $876

Property facts

Year built
1965
Property type
condos
Stories
Beds
1
Baths
1
Living area
600 sqft
Lot size
ZIP code
28804
City
Asheville
Street
Town Mountain Rd
Coordinates
35.61404, -82.53355

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
$810
Gross rental yield
5.34%
Implied cap rate
3.47%
Trend-extrapolated value

Frequently asked questions

When did 647 Town Mountain Rd last sell?
647 Town Mountain Rd most recently sold on Aug 15, 2022 for $182,000.
What is the current tax assessment for 647 Town Mountain Rd?
The most recent total assessment for 647 Town Mountain Rd (year 2025) is $146,000 with $1,603 in property tax.
How does 647 Town Mountain Rd's assessment compare to its last sale price?
The current assessment is 19.8% below the last sale price of $182,000.
When was 647 Town Mountain Rd built?
647 Town Mountain Rd was built in 1965.
How does 647 Town Mountain Rd compare to others on Town Mountain Rd?
We track 8 other properties on Town Mountain Rd. Browse the list under "Other properties on Town Mountain Rd" to compare beds, baths, and sale history.
What are the property facts for 647 Town Mountain Rd?
647 Town Mountain Rd is a 1 bed, 1 bath, 600 sqft condos.
Is 647 Town Mountain Rd a flip candidate?
No — 647 Town Mountain Rd does not appear in our flips dataset.
Is 647 Town Mountain Rd a tax-appeal candidate?
No — 647 Town Mountain 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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