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223 Balsam Rd

Hendersonville, NC 28792

3 bd 2 ba 2,069 sqft Built 1965 Lot 16,988 sqft single_family
Most recent sale
$389,900
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $389,900 MLS #3892001
Aug 9, 2022 Listed $389,900 MLS #3892001

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $395,000 $80,000 $475,000 $4,517
2024 $395,000 $80,000 $475,000 $4,517
2023 $395,000 $80,000 $475,000 $4,374
2022 $175,100 $48,000 $223,100 $1,205
2021 $175,100 $48,000 $223,100 $1,206
2020 $175,100 $48,000 $223,100 $1,187
2019 $172,300 $48,000 $220,300 $1,158
2018 $122,700 $41,600 $164,300 $464
2017 $122,700 $41,600 $164,300 $464
2016 $122,700 $41,600 $164,300 $464
2015 $122,700 $41,600 $164,300 $434
2014 $132,500 $48,000 $180,500 $464
2013 $132,500 $48,000 $180,500 $464
2012 $132,500 $48,000 $180,500 $927
2010 $150,100 $48,000 $198,100 $915
2009 $150,100 $48,000 $198,100 $915
2008 $150,100 $48,000 $198,100 $915
2007 $150,100 $48,000 $198,100 $915

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,069 sqft
Lot size
16,988 sqft
ZIP code
28792
City
Hendersonville
Street
Balsam Rd
Coordinates
35.30049, -82.44903

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
$2,793
Gross rental yield
8.60%
Implied cap rate
5.59%
Trend-extrapolated value

Frequently asked questions

When did 223 Balsam Rd last sell?
223 Balsam Rd most recently sold on Sep 22, 2022 for $389,900.
What is the current tax assessment for 223 Balsam Rd?
The most recent total assessment for 223 Balsam Rd (year 2025) is $475,000 with $4,517 in property tax.
How does 223 Balsam Rd's assessment compare to its last sale price?
The current assessment is 21.8% above the last sale price of $389,900.
When was 223 Balsam Rd built?
223 Balsam Rd was built in 1965.
How does 223 Balsam Rd compare to others on Balsam Rd?
We track 8 other properties on Balsam Rd. Browse the list under "Other properties on Balsam Rd" to compare beds, baths, and sale history.
What are the property facts for 223 Balsam Rd?
223 Balsam Rd is a 3 bed, 2 bath, 2,069 sqft, 16,988 sqft lot single_family.
Is 223 Balsam Rd a flip candidate?
No — 223 Balsam Rd does not appear in our flips dataset.
Is 223 Balsam Rd a tax-appeal candidate?
Yes — 223 Balsam 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
+2.2%
Implied 1-yr
+8.6%
2026 Q3
$501.8K
2026 Q4
$511.2K
ZIP 28792 — Median Price History + Forecast

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