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407 Virginia Ter

Montreat, NC 28757

3 bd 2 ba 1,424 sqft Built 1909 Lot 18,295 sqft single_family
Most recent sale
$449,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $449,000 MLS #3830032
Mar 16, 2022 Relisted $439,000 MLS #3830032
Feb 19, 2022 Listed $439,000 MLS #3830032
Nov 9, 2018 Sold $240,000 Public Record
Aug 29, 1994 Sold $146,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $160,000 $105,000 $265,000 $2,716
2020 $157,500 $105,000 $262,500 $2,832
2019 $27,100 $105,000 $132,100 $2,148
2018 $27,100 $105,000 $132,100 $1,398
2017 $27,100 $105,000 $132,100 $1,384
2016 $77,900 $105,000 $182,900 $2,035
2015 $77,900 $105,000 $182,900 $2,035
2014 $77,900 $105,000 $182,900 $2,035
2013 $77,900 $105,000 $182,900 $2,035
2012 $122,400 $109,800 $232,200 $2,287
2011 $122,400 $109,800 $232,200 $2,287
2010 $122,400 $109,800 $232,200 $2,287
2009 $122,400 $109,800 $232,200 $2,287
2008 $122,400 $109,800 $232,200 $2,287
2007 $122,400 $109,800 $232,200 $2,287

Property facts

Year built
1909
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,424 sqft
Lot size
18,295 sqft
ZIP code
28757
City
Montreat
Street
Virginia Ter
Coordinates
35.64851, -82.29989

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,922
Gross rental yield
5.14%
Implied cap rate
3.34%
Trend-extrapolated value

Frequently asked questions

When did 407 Virginia Ter last sell?
407 Virginia Ter most recently sold on Apr 27, 2022 for $449,000.
What is the current tax assessment for 407 Virginia Ter?
The most recent total assessment for 407 Virginia Ter (year 2021) is $265,000 with $2,716 in property tax.
How does 407 Virginia Ter's assessment compare to its last sale price?
The current assessment is 41.0% below the last sale price of $449,000.
When was 407 Virginia Ter built?
407 Virginia Ter was built in 1909.
How does 407 Virginia Ter compare to others on Virginia Ter?
We track 8 other properties on Virginia Ter. Browse the list under "Other properties on Virginia Ter" to compare beds, baths, and sale history.
What are the property facts for 407 Virginia Ter?
407 Virginia Ter is a 3 bed, 2 bath, 1,424 sqft, 18,295 sqft lot single_family.
Is 407 Virginia Ter a flip candidate?
No — 407 Virginia Ter does not appear in our flips dataset.
Is 407 Virginia Ter a tax-appeal candidate?
No — 407 Virginia Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+12.7%
Implied 1-yr
+50.8%
2024 Q1
$945K
2024 Q2
$945K
ZIP 28757 — Median Price History + Forecast

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