254 Raines Cove Ln
Brevard, NC 28712
2 bd 1 ba 1,168 sqft Built 1983 Lot 49,658 sqft single_family
Most recent sale
$205,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $205,000 | MLS #3846377 |
| Jun 1, 2022 | Price changed | $205,000 | MLS #3846377 |
| May 23, 2022 | Price changed | $215,000 | MLS #3846377 |
| May 11, 2022 | Price changed | $230,000 | MLS #3846377 |
| May 2, 2022 | Listed | $250,000 | MLS #3846377 |
| Nov 29, 1999 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $224,260 | $33,000 | $257,260 | $1,236 |
| 2023 | $116,860 | $33,000 | $149,860 | $986 |
| 2022 | $116,860 | $33,000 | $149,860 | $986 |
| 2021 | $116,860 | $33,000 | $149,860 | $979 |
| 2020 | $68,640 | $30,000 | $98,640 | $687 |
| 2019 | $68,640 | $30,000 | $98,640 | $682 |
| 2018 | $68,640 | $30,000 | $98,640 | $586 |
| 2017 | $68,640 | $30,000 | $98,640 | $580 |
| 2016 | $68,640 | $30,000 | $98,640 | $570 |
| 2015 | $76,030 | $30,000 | $106,030 | $547 |
| 2014 | — | — | $106,030 | $542 |
| 2013 | — | — | $106,030 | $522 |
| 2012 | — | — | $106,030 | $473 |
| 2011 | — | — | $106,030 | $473 |
| 2010 | — | — | $106,030 | $471 |
| 2009 | — | — | $106,030 | $471 |
| 2007 | — | — | $55,130 | $167 |
Property facts
Year built
1983
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,168 sqft
Lot size
49,658 sqft
ZIP code
28712
City
Brevard
Street
Raines Cove Ln
Coordinates
35.17010, -82.74851
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,577
Gross rental yield
9.23%
Implied cap rate
6.00%
Trend-extrapolated value
—
Frequently asked questions
When did 254 Raines Cove Ln last sell?
254 Raines Cove Ln most recently sold on Jul 22, 2022 for $205,000.
What is the current tax assessment for 254 Raines Cove Ln?
The most recent total assessment for 254 Raines Cove Ln (year 2025) is $257,260 with $1,236 in property tax.
How does 254 Raines Cove Ln's assessment compare to its last sale price?
The current assessment is 25.5% above the last sale price of $205,000.
When was 254 Raines Cove Ln built?
254 Raines Cove Ln was built in 1983.
How does 254 Raines Cove Ln compare to others on Raines Cove Ln?
We do not currently track other properties on Raines Cove Ln.
What are the property facts for 254 Raines Cove Ln?
254 Raines Cove Ln is a 2 bed, 1 bath, 1,168 sqft, 49,658 sqft lot single_family.
Is 254 Raines Cove Ln a flip candidate?
No — 254 Raines Cove Ln does not appear in our flips dataset.
Is 254 Raines Cove Ln a tax-appeal candidate?
Yes — 254 Raines Cove Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$479.5K
2026 Q4
$478.1K
ZIP 28712 — Median Price History + Forecast
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Geography