550 Main St
Chimney Rock, NC 28720
2 bd 2 ba 2,451 sqft Built 2000 Lot 1,804,691 sqft single_family
Most recent sale
$2,500,000
Apr 18, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2024 | Sold | $2,500,000 | CanopyMLS |
| Jun 13, 2023 | Listed | $2,800,000 | CanopyMLS |
| May 11, 2022 | Sold | $1,600,000 | MLS #3843454 |
| Mar 28, 2022 | Listed | $1,600,000 | MLS #3843454 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $948,900 | $1,006,300 | $1,955,200 | $13,740 |
| 2023 | $622,300 | $931,300 | $1,553,600 | $9,499 |
| 2022 | $303,200 | $550,400 | $853,600 | $3,206 |
| 2021 | $303,200 | $550,400 | $853,600 | $3,206 |
| 2020 | $303,200 | $98,100 | $401,300 | $3,166 |
| 2019 | $303,200 | $98,100 | $401,300 | $3,158 |
| 2018 | $254,000 | $98,700 | $352,700 | $2,740 |
| 2017 | $254,000 | $98,700 | $352,700 | $2,705 |
| 2016 | $254,000 | $98,700 | $352,700 | $2,705 |
| 2015 | $254,000 | $98,700 | $352,700 | $2,617 |
| 2014 | $254,000 | $550,400 | $804,400 | $2,581 |
| 2013 | $254,000 | $550,400 | $804,400 | $2,581 |
| 2012 | $254,000 | $550,400 | $352,700 | $2,581 |
| 2011 | $281,000 | $558,000 | $839,000 | $5,998 |
| 2010 | $281,000 | $558,000 | $839,000 | $5,998 |
| 2009 | $281,000 | $558,000 | $839,000 | $5,998 |
Property facts
Year built
2000
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
2,451 sqft
Lot size
1,804,691 sqft
ZIP code
28720
City
Chimney Rock
Street
Main St
Coordinates
35.44347, -82.25253
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$15,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 550 Main St last sell?
550 Main St most recently sold on Apr 18, 2024 for $2,500,000.
What is the current tax assessment for 550 Main St?
The most recent total assessment for 550 Main St (year 2025) is $1,955,200 with $13,740 in property tax.
How does 550 Main St's assessment compare to its last sale price?
The current assessment is 21.8% below the last sale price of $2,500,000.
When was 550 Main St built?
550 Main St was built in 2000.
How does 550 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 550 Main St?
550 Main St is a 2 bed, 2 bath, 2,451 sqft, 1,804,691 sqft lot single_family.
Is 550 Main St a flip candidate?
Yes — 550 Main St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 550 Main St a tax-appeal candidate?
No — 550 Main St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+14.1%
Implied 1-yr
+56.4%
2026 Q1
$1.08M
2026 Q2
$1.16M
ZIP 28720 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Main St