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55 Derby Rd

Cullowhee, NC 28723

1 bd 1 ba 736 sqft Built 2006 Lot 436 sqft condo
Most recent sale
$125,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $125,000 Public Record
Dec 20, 2021 Listed $129,000 MLS #26021812
Aug 19, 2019 Sold $114,000 MLS #3512181
May 28, 2019 Listed $119,000 MLS #3512181
Dec 5, 2006 Sold $88,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $147,168 $10,000 $157,168 $567
2023 $99,550 $10,000 $109,550 $496
2022 $99,550 $10,000 $109,550 $496
2021 $99,550 $10,000 $109,550 $466
2020 $89,410 $10,000 $99,410 $441
2019 $89,410 $10,000 $99,410 $441
2018 $89,410 $10,000 $99,410 $441
2017 $89,410 $10,000 $99,410 $431
2016 $89,410 $10,000 $99,410 $431
2015 $96,130 $15,000 $111,130 $374
2014 $96,130 $15,000 $111,130 $374
2013 $96,130 $15,000 $111,130 $374
2012 $96,130 $15,000 $111,130 $374
2011 $96,130 $15,000 $111,130 $374
2010 $96,130 $15,000 $111,130 $374
2009 $96,130 $15,000 $111,130 $374
2008 $96,130 $15,000 $111,130 $374

Property facts

Year built
2006
Property type
condo
Stories
1
Beds
1
Baths
1
Living area
736 sqft
Lot size
436 sqft
ZIP code
28723
City
Cullowhee
Street
Derby Rd
Coordinates
35.29670, -83.17974

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
$994
Gross rental yield
9.54%
Implied cap rate
6.20%
Trend-extrapolated value

Frequently asked questions

When did 55 Derby Rd last sell?
55 Derby Rd most recently sold on May 2, 2022 for $125,000.
What is the current tax assessment for 55 Derby Rd?
The most recent total assessment for 55 Derby Rd (year 2025) is $157,168 with $567 in property tax.
How does 55 Derby Rd's assessment compare to its last sale price?
The current assessment is 25.7% above the last sale price of $125,000.
When was 55 Derby Rd built?
55 Derby Rd was built in 2006.
How does 55 Derby Rd compare to others on Derby Rd?
We track 5 other properties on Derby Rd. Browse the list under "Other properties on Derby Rd" to compare beds, baths, and sale history.
What are the property facts for 55 Derby Rd?
55 Derby Rd is a 1 bed, 1 bath, 736 sqft, 436 sqft lot condo.
Is 55 Derby Rd a flip candidate?
No — 55 Derby Rd does not appear in our flips dataset.
Is 55 Derby Rd a tax-appeal candidate?
Yes — 55 Derby Rd 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 valuation
Quarterly trend
-4.2%
Implied 1-yr
-16.8%
2026 Q3
$371.1K
2026 Q4
$349.7K
ZIP 28723 — Median Price History + Forecast

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