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400 Old Chestnut Mountain Rd

Newland, NC 28657

3 bd 2 ba 1,155 sqft Built 1975 Lot 16,553 sqft single_family
Most recent sale
$111,000
Feb 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2024 Listed $228,000 HighCountry
Feb 1, 2021 Sold $111,000 HighCountry
Dec 5, 2020 Listed $125,000 HighCountry
Oct 25, 2019 Listing removed TNVARegionalMLS
Sep 2, 2019 Price changed $120,000 TNVARegionalMLS
Jul 23, 2019 Price changed $125,000 TNVARegionalMLS
Jun 8, 2019 Listed $129,900 TNVARegionalMLS
Dec 22, 2018 Listing removed $78,000 MyStateMLS
Aug 1, 2018 Sold $89,900 HighCountry
Jul 5, 2018 Listed $89,900 HighCountry
Jun 15, 2018 Listing removed $78,000 MyStateMLS
May 28, 2018 Relisted $78,000 MyStateMLS
May 27, 2018 Listing removed $78,000 MyStateMLS
Jan 8, 2018 Price changed $78,000 MyStateMLS
Dec 6, 2017 Price changed $84,900 MyStateMLS
Jun 6, 2017 Listed $89,000 MyStateMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $105,100 $8,000 $113,100 $452
2023 $105,100 $8,000 $113,100 $452
2022 $105,100 $8,000 $113,100 $452
2021 $59,000 $5,500 $64,500 $354
2020 $59,000 $5,500 $64,500 $354
2019 $59,000 $5,500 $64,500 $354
2018 $59,000 $5,500 $64,500 $354
2017 $44,700 $5,500 $50,200 $276
2016 $44,700 $5,500 $50,200 $224
2015 $44,700 $5,500 $50,200 $224
2014 $44,700 $5,500 $50,200 $261
2013 $54,200 $219
2012 $54,200 $219

Property facts

Year built
1975
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,155 sqft
Lot size
16,553 sqft
ZIP code
28657
City
Newland
Street
Old Chestnut Mountain Rd
Coordinates
36.02871, -81.96860

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
$666
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 400 Old Chestnut Mountain Rd last sell?
400 Old Chestnut Mountain Rd most recently sold on Feb 1, 2021 for $111,000.
What is the current tax assessment for 400 Old Chestnut Mountain Rd?
The most recent total assessment for 400 Old Chestnut Mountain Rd (year 2025) is $113,100 with $452 in property tax.
How does 400 Old Chestnut Mountain Rd's assessment compare to its last sale price?
The current assessment is 1.9% above the last sale price of $111,000.
When was 400 Old Chestnut Mountain Rd built?
400 Old Chestnut Mountain Rd was built in 1975.
How does 400 Old Chestnut Mountain Rd compare to others on Old Chestnut Mountain Rd?
We track 7 other properties on Old Chestnut Mountain Rd. Browse the list under "Other properties on Old Chestnut Mountain Rd" to compare beds, baths, and sale history.
What are the property facts for 400 Old Chestnut Mountain Rd?
400 Old Chestnut Mountain Rd is a 3 bed, 2 bath, 1,155 sqft, 16,553 sqft lot single_family.
Is 400 Old Chestnut Mountain Rd a flip candidate?
No — 400 Old Chestnut Mountain Rd does not appear in our flips dataset.
Is 400 Old Chestnut Mountain Rd a tax-appeal candidate?
No — 400 Old Chestnut Mountain Rd 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
-8.4%
Implied 1-yr
-33.6%
2026 Q3
$129.7K
2026 Q4
$105.7K
ZIP 28657 — Median Price History + Forecast

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