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387 Cowan Valley Rd

Sylva, NC 28779

3 bd 2 ba 1,916 sqft Built 1981 Lot 278,348 sqft single_family
Most recent sale
$310,000
Apr 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $89,000 Public Record
Apr 5, 2022 Sold $310,000 MLS #3742511
Feb 22, 2022 Price changed $299,900 MLS #3742511
Nov 23, 2021 Price changed $325,000 MLS #3742511
Nov 22, 2021 Price changed $325,000 MLS #26019474
Jul 21, 2021 Price changed $350,000 MLS #26019474
May 21, 2021 Listed $399,900 MLS #3742511
May 6, 2021 Listed $399,900 MLS #26019474

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $235,620 $124,330 $359,950 $1,240
2023 $129,450 $93,190 $222,640 $971
2022 $112,350 $92,820 $205,170 $904
2021 $112,350 $92,820 $205,170 $835

Property facts

Year built
1981
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,916 sqft
Lot size
278,348 sqft
ZIP code
28779
City
Sylva
Street
Cowan Valley Rd
Coordinates
35.33261, -83.21797

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,587
Gross rental yield
10.01%
Implied cap rate
6.51%
Trend-extrapolated value

Frequently asked questions

When did 387 Cowan Valley Rd last sell?
387 Cowan Valley Rd most recently sold on Apr 5, 2022 for $310,000.
What is the current tax assessment for 387 Cowan Valley Rd?
The most recent total assessment for 387 Cowan Valley Rd (year 2025) is $359,950 with $1,240 in property tax.
How does 387 Cowan Valley Rd's assessment compare to its last sale price?
The current assessment is 16.1% above the last sale price of $310,000.
When was 387 Cowan Valley Rd built?
387 Cowan Valley Rd was built in 1981.
How does 387 Cowan Valley Rd compare to others on Cowan Valley Rd?
We do not currently track other properties on Cowan Valley Rd.
What are the property facts for 387 Cowan Valley Rd?
387 Cowan Valley Rd is a 3 bed, 2 bath, 1,916 sqft, 278,348 sqft lot single_family.
Is 387 Cowan Valley Rd a flip candidate?
No — 387 Cowan Valley Rd does not appear in our flips dataset.
Is 387 Cowan Valley Rd a tax-appeal candidate?
Yes — 387 Cowan Valley Rd 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 valuation
Quarterly trend
+7.0%
Implied 1-yr
+28.1%
2026 Q3
$484.9K
2026 Q4
$508.3K
ZIP 28779 — Median Price History + Forecast

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