588 Substation St
Hendersonville, NC 28792
2 bd 1 ba 818 sqft Built 1959 Lot 6,534 sqft single_family
Most recent sale
$145,200
Jan 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 24, 2022 | Sold | $145,200 | MLS #3751529 |
| Jul 5, 2021 | Relisted | $145,000 | MLS #3751529 |
| Jul 1, 2021 | Price changed | $145,000 | MLS #3751529 |
| Jun 25, 2021 | Listed | $135,000 | MLS #3751529 |
| Oct 20, 2015 | Sold | $42,500 | MLS #NCM521816 |
| Aug 27, 2012 | Listed | $48,900 | MLS #NCM521816 |
| Aug 27, 2012 | Sold | $61,800 | Public Record |
| Apr 21, 2005 | Sold | $87,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $157,900 | $38,700 | $196,600 | $1,102 |
| 2024 | $157,900 | $38,700 | $196,600 | $636 |
| 2023 | $74,700 | $38,700 | $113,400 | $636 |
| 2022 | $53,900 | $15,500 | $69,400 | $479 |
| 2021 | $53,900 | $15,500 | $69,400 | $480 |
| 2020 | $53,900 | $15,500 | $69,400 | $479 |
| 2019 | $51,100 | $15,500 | $66,600 | $460 |
| 2018 | $50,800 | $11,600 | $62,400 | $427 |
| 2017 | $50,800 | $14,500 | $65,300 | $447 |
| 2016 | $50,800 | $14,500 | $65,300 | $447 |
| 2015 | $50,800 | $14,500 | $65,300 | $413 |
| 2014 | $49,200 | $14,500 | $63,700 | $387 |
| 2013 | $49,200 | $14,500 | $63,700 | $387 |
| 2012 | $49,200 | $14,500 | $63,700 | $387 |
| 2010 | $49,200 | $14,500 | $63,700 | $409 |
| 2009 | $56,000 | $18,900 | $74,900 | $409 |
| 2008 | $56,000 | $18,900 | $74,900 | $409 |
| 2007 | $56,000 | $18,900 | $74,900 | $409 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
818 sqft
Lot size
6,534 sqft
ZIP code
28792
City
Hendersonville
Street
Substation St
Coordinates
35.30979, -82.44251
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,104
Gross rental yield
9.12%
Implied cap rate
5.93%
Trend-extrapolated value
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Frequently asked questions
When did 588 Substation St last sell?
588 Substation St most recently sold on Jan 24, 2022 for $145,200.
What is the current tax assessment for 588 Substation St?
The most recent total assessment for 588 Substation St (year 2025) is $196,600 with $1,102 in property tax.
How does 588 Substation St's assessment compare to its last sale price?
The current assessment is 35.4% above the last sale price of $145,200.
When was 588 Substation St built?
588 Substation St was built in 1959.
How does 588 Substation St compare to others on Substation St?
We track 8 other properties on Substation St. Browse the list under "Other properties on Substation St" to compare beds, baths, and sale history.
What are the property facts for 588 Substation St?
588 Substation St is a 2 bed, 1 bath, 818 sqft, 6,534 sqft lot single_family.
Is 588 Substation St a flip candidate?
No — 588 Substation St does not appear in our flips dataset.
Is 588 Substation St a tax-appeal candidate?
Yes — 588 Substation St 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
+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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