413 Terrace Dr
Chimney Rock, NC 28720
2 bd 2 ba 734 sqft Built 1940 Lot 5,663 sqft single_family
Most recent sale
$304,000
Jan 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 3, 2022 | Sold | $304,000 | MLS #3805223 |
| Nov 11, 2021 | Listed | $304,000 | MLS #3805223 |
| Jul 31, 2020 | Sold | $136,000 | MLS #3632176 |
| Jun 17, 2020 | Listed | $139,000 | MLS #3632176 |
| May 14, 2012 | Sold | $110,000 | MLS #323338 |
| Aug 26, 2005 | Listed | $119,500 | MLS #323338 |
| Aug 26, 2005 | Sold | $110,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $136,700 | $75,000 | $211,700 | $1,717 |
| 2023 | $136,700 | $75,000 | $211,700 | $1,443 |
| 2022 | $51,600 | $55,000 | $106,600 | $999 |
| 2021 | $51,600 | $55,000 | $106,600 | $1,000 |
| 2020 | $42,200 | $18,500 | $60,700 | $628 |
| 2019 | $42,200 | $18,500 | $60,700 | $620 |
| 2018 | $35,500 | $18,500 | $54,000 | $562 |
| 2017 | $35,500 | $18,500 | $54,000 | $539 |
| 2016 | $35,500 | $18,500 | $54,000 | $534 |
| 2015 | $35,500 | $18,500 | $54,000 | $521 |
| 2014 | $35,500 | $18,500 | $54,000 | $515 |
| 2013 | $35,500 | $18,500 | $54,000 | $515 |
| 2012 | $35,500 | $18,500 | $54,000 | $515 |
| 2011 | $38,500 | $18,500 | $57,000 | $493 |
| 2010 | $38,500 | $18,500 | $57,000 | $473 |
| 2009 | $38,500 | $18,500 | $57,000 | $473 |
| 2008 | $38,500 | $18,500 | $57,000 | $473 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
734 sqft
Lot size
5,663 sqft
ZIP code
28720
City
Chimney Rock
Street
Terrace Dr
Coordinates
35.43841, -82.24040
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$991
Gross rental yield
3.91%
Implied cap rate
2.54%
Trend-extrapolated value
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Frequently asked questions
When did 413 Terrace Dr last sell?
413 Terrace Dr most recently sold on Jan 3, 2022 for $304,000.
What is the current tax assessment for 413 Terrace Dr?
The most recent total assessment for 413 Terrace Dr (year 2025) is $211,700 with $1,717 in property tax.
How does 413 Terrace Dr's assessment compare to its last sale price?
The current assessment is 30.4% below the last sale price of $304,000.
When was 413 Terrace Dr built?
413 Terrace Dr was built in 1940.
How does 413 Terrace Dr compare to others on Terrace Dr?
We track 8 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 413 Terrace Dr?
413 Terrace Dr is a 2 bed, 2 bath, 734 sqft, 5,663 sqft lot single_family.
Is 413 Terrace Dr a flip candidate?
Yes — 413 Terrace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 413 Terrace Dr a tax-appeal candidate?
No — 413 Terrace Dr 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 Terrace Dr