1704 Penland Rd
Spruce Pine, NC 28777
2 bd 2 ba 1,032 sqft Built 1920 Lot 69,260 sqft single_family
Most recent sale
$230,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 31, 2022 | Sold | $230,000 | MLS #3881178 |
| Jul 7, 2022 | Listed | $230,000 | MLS #3881178 |
| Nov 30, 2018 | Listing removed | $200,000 | YanceyMitchell |
| Nov 14, 2018 | Listed | $200,000 | MLS #31390 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $133,100 | $26,900 | $160,000 | $1,024 |
| 2023 | $133,100 | $26,900 | $160,000 | $1,008 |
| 2022 | $133,100 | $26,900 | $160,000 | $1,008 |
| 2021 | $74,300 | $19,900 | $94,200 | $612 |
| 2020 | $74,300 | $19,900 | $94,200 | $612 |
| 2019 | $74,300 | $19,900 | $94,200 | $612 |
| 2018 | $74,300 | $19,900 | $94,200 | $612 |
| 2017 | $82,500 | $21,900 | $104,400 | $679 |
| 2016 | $82,500 | $21,900 | $104,400 | $626 |
| 2014 | $82,500 | $21,900 | $104,400 | $626 |
| 2013 | $136,400 | $42,100 | $178,500 | $821 |
| 2012 | $136,400 | $42,100 | $178,500 | $821 |
| 2011 | $136,400 | $42,100 | $178,500 | $821 |
| 2009 | $136,400 | $42,100 | $178,500 | $785 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,032 sqft
Lot size
69,260 sqft
ZIP code
28777
City
Spruce Pine
Street
Penland Rd
Coordinates
35.93033, -82.11288
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,393
Gross rental yield
7.27%
Implied cap rate
4.72%
Trend-extrapolated value
—
Frequently asked questions
When did 1704 Penland Rd last sell?
1704 Penland Rd most recently sold on Aug 31, 2022 for $230,000.
What is the current tax assessment for 1704 Penland Rd?
The most recent total assessment for 1704 Penland Rd (year 2025) is $160,000 with $1,024 in property tax.
How does 1704 Penland Rd's assessment compare to its last sale price?
The current assessment is 30.4% below the last sale price of $230,000.
When was 1704 Penland Rd built?
1704 Penland Rd was built in 1920.
How does 1704 Penland Rd compare to others on Penland Rd?
We track 6 other properties on Penland Rd. Browse the list under "Other properties on Penland Rd" to compare beds, baths, and sale history.
What are the property facts for 1704 Penland Rd?
1704 Penland Rd is a 2 bed, 2 bath, 1,032 sqft, 69,260 sqft lot single_family.
Is 1704 Penland Rd a flip candidate?
No — 1704 Penland Rd does not appear in our flips dataset.
Is 1704 Penland Rd a tax-appeal candidate?
No — 1704 Penland Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$640.5K
2026 Q4
$640.5K
ZIP 28777 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penland Rd