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498 Rhododendron Ave

Black Mountain, NC 28711

2 bd 2 ba 1,544 sqft Built 2004 condo
Most recent sale
$525,000
Mar 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2024 Sold $565,000 Public Record
Mar 29, 2022 Sold $525,000 MLS #3844354
Aug 18, 2020 Sold $369,000 Public Record
May 13, 2005 Sold $199,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $361,800 $361,800 $3,138
2024 $361,800 $361,800 $3,034
2023 $361,800 $361,800 $2,963
2022 $361,800 $361,800 $2,872
2021 $361,800 $361,800 $2,873
2020 $290,100 $290,100 $2,499
2019 $290,100 $290,100 $2,499
2018 $290,100 $290,100 $2,499
2017 $290,100 $290,100 $2,528
2016 $184,000 $184,000 $1,801
2015 $184,000 $184,000 $1,801
2014 $184,000 $184,000 $1,801
2013 $184,000 $184,000 $1,801
2012 $253,600 $253,600 $2,257
2011 $253,600 $253,600 $2,257
2010 $253,600 $253,600 $2,257
2009 $253,600 $253,600 $2,142
2008 $253,600 $253,600 $2,142
2007 $250,700 $250,700 $2,118

Property facts

Year built
2004
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,544 sqft
Lot size
ZIP code
28711
City
Black Mountain
Street
Rhododendron Ave
Coordinates
35.62019, -82.32708

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
$2,084
Gross rental yield
4.76%
Implied cap rate
3.10%
Trend-extrapolated value

Frequently asked questions

When did 498 Rhododendron Ave last sell?
498 Rhododendron Ave most recently sold on Mar 29, 2022 for $525,000.
What is the current tax assessment for 498 Rhododendron Ave?
The most recent total assessment for 498 Rhododendron Ave (year 2025) is $361,800 with $3,138 in property tax.
How does 498 Rhododendron Ave's assessment compare to its last sale price?
The current assessment is 31.1% below the last sale price of $525,000.
When was 498 Rhododendron Ave built?
498 Rhododendron Ave was built in 2004.
How does 498 Rhododendron Ave compare to others on Rhododendron Ave?
We track 8 other properties on Rhododendron Ave. Browse the list under "Other properties on Rhododendron Ave" to compare beds, baths, and sale history.
What are the property facts for 498 Rhododendron Ave?
498 Rhododendron Ave is a 2 bed, 2 bath, 1,544 sqft condo.
Is 498 Rhododendron Ave a flip candidate?
Yes — 498 Rhododendron Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 498 Rhododendron Ave a tax-appeal candidate?
No — 498 Rhododendron 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
+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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