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1160 Chestnut Grove Rd

Spruce Pine, NC 28777

2 bd 2 ba 1,084 sqft Built 1928 Lot 43,560 sqft single_family
Most recent sale
$335,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $335,000 MLS #3884345
Jul 18, 2022 Listed $335,000 MLS #3884345
Oct 20, 2015 Sold $82,000 MLS #NCM540236
Jun 9, 2015 Sold $82,000 MLS #540236
May 11, 2015 Listed $129,400 MLS #NCM540236
May 8, 2015 Sold $82,000 Public Record
May 18, 2014 Price changed $129,400 MLS #540236
Aug 21, 2013 Price changed $129,900 MLS #540236
May 25, 2013 Listed $138,900 MLS #540236

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $219,600 $22,000 $241,600 $1,546
2023 $219,600 $22,000 $241,600 $1,522
2022 $95,400 $22,000 $117,400 $739
2021 $63,900 $20,000 $83,900 $545
2020 $63,900 $20,000 $83,900 $545
2019 $63,900 $20,000 $83,900 $545
2018 $63,900 $20,000 $83,900 $545
2017 $78,500 $20,000 $98,500 $640
2016 $78,500 $20,000 $98,500 $591
2014 $51,700 $20,000 $71,700 $430
2013 $66,700 $25,000 $91,700 $422
2012 $66,700 $25,000 $91,700 $422
2011 $66,700 $25,000 $91,700 $422
2009 $66,700 $25,000 $91,700 $403

Property facts

Year built
1928
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,084 sqft
Lot size
43,560 sqft
ZIP code
28777
City
Spruce Pine
Street
Chestnut Grove Rd
Coordinates
35.85908, -82.10257

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,463
Gross rental yield
5.24%
Implied cap rate
3.41%
Trend-extrapolated value

Frequently asked questions

When did 1160 Chestnut Grove Rd last sell?
1160 Chestnut Grove Rd most recently sold on Sep 29, 2022 for $335,000.
What is the current tax assessment for 1160 Chestnut Grove Rd?
The most recent total assessment for 1160 Chestnut Grove Rd (year 2025) is $241,600 with $1,546 in property tax.
How does 1160 Chestnut Grove Rd's assessment compare to its last sale price?
The current assessment is 27.9% below the last sale price of $335,000.
When was 1160 Chestnut Grove Rd built?
1160 Chestnut Grove Rd was built in 1928.
How does 1160 Chestnut Grove Rd compare to others on Chestnut Grove Rd?
We track 4 other properties on Chestnut Grove Rd. Browse the list under "Other properties on Chestnut Grove Rd" to compare beds, baths, and sale history.
What are the property facts for 1160 Chestnut Grove Rd?
1160 Chestnut Grove Rd is a 2 bed, 2 bath, 1,084 sqft, 43,560 sqft lot single_family.
Is 1160 Chestnut Grove Rd a flip candidate?
No — 1160 Chestnut Grove Rd does not appear in our flips dataset.
Is 1160 Chestnut Grove Rd a tax-appeal candidate?
No — 1160 Chestnut Grove 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
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$640.5K
2026 Q4
$640.5K
ZIP 28777 — Median Price History + Forecast

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