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280 Old Lakey Gap Rd

Black Mountain, NC 28711

3 bd 2 ba 1,560 sqft Built 2002 Lot 213,008 sqft multi_family
Most recent sale
$840,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $840,000 MLS #3813483
Dec 15, 2021 Listed $895,000 MLS #3813483
Dec 12, 2021 Listed $895,000 MLS #3812904
Nov 2, 2021 Price changed $929,000 MLS #3750444
Jun 11, 2021 Listed $980,000 MLS #3750444

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $387,200 $87,700 $474,900 $4,120
2024 $387,200 $87,700 $474,900 $3,982
2023 $357,200 $117,700 $474,900 $3,889
2022 $238,700 $117,700 $356,400 $2,829
2021 $238,700 $117,700 $356,400 $2,830
2020 $164,900 $109,400 $274,300 $2,363
2019 $164,900 $109,400 $274,300 $2,363
2018 $164,900 $109,400 $274,300 $2,363
2017 $164,900 $109,400 $274,300 $2,391
2016 $172,200 $88,800 $261,000 $2,555
2015 $172,200 $88,800 $261,000 $2,555
2014 $172,200 $88,800 $261,000 $2,555
2013 $172,200 $88,800 $261,000 $2,555
2012 $183,100 $81,900 $265,000 $2,359
2011 $183,100 $81,900 $265,000 $2,359
2010 $183,100 $81,900 $265,000 $2,359
2009 $113,800 $75,900 $189,700 $1,603
2008 $113,800 $75,900 $189,700 $1,603
2007 $113,800 $75,900 $189,700 $1,602

Property facts

Year built
2002
Property type
multi_family
Stories
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
213,008 sqft
ZIP code
28711
City
Black Mountain
Street
Old Lakey Gap Rd
Coordinates
35.60049, -82.31626

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,040
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 280 Old Lakey Gap Rd last sell?
280 Old Lakey Gap Rd most recently sold on May 27, 2022 for $840,000.
What is the current tax assessment for 280 Old Lakey Gap Rd?
The most recent total assessment for 280 Old Lakey Gap Rd (year 2025) is $474,900 with $4,120 in property tax.
How does 280 Old Lakey Gap Rd's assessment compare to its last sale price?
The current assessment is 43.5% below the last sale price of $840,000.
When was 280 Old Lakey Gap Rd built?
280 Old Lakey Gap Rd was built in 2002.
How does 280 Old Lakey Gap Rd compare to others on Old Lakey Gap Rd?
We track 8 other properties on Old Lakey Gap Rd. Browse the list under "Other properties on Old Lakey Gap Rd" to compare beds, baths, and sale history.
What are the property facts for 280 Old Lakey Gap Rd?
280 Old Lakey Gap Rd is a 3 bed, 2 bath, 1,560 sqft, 213,008 sqft lot multi_family.
Is 280 Old Lakey Gap Rd a flip candidate?
No — 280 Old Lakey Gap Rd does not appear in our flips dataset.
Is 280 Old Lakey Gap Rd a tax-appeal candidate?
No — 280 Old Lakey Gap 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
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$512.3K
2026 Q4
$516.5K
ZIP 28711 — Median Price History + Forecast

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