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38 Velo Trl

Sylva, NC 28779

3 bd 2 ba 1,150 sqft Built 1997 Lot 54,014 sqft single_family
Most recent sale
$339,500
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $339,500 MLS #3858259
May 23, 2022 Listed $349,000 MLS #26025332
May 23, 2022 Relisted $349,000 MLS #3858259
May 7, 2022 Listed $349,000 MLS #3858259
Mar 14, 2022 Sold $204,000 Public Record
Feb 11, 2022 Listed $188,000 MLS #26024269
Jun 13, 2012 Sold $131,000 Public Record
Jul 31, 1998 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $316,027 $34,300 $350,327 $1,211
2023 $178,470 $37,340 $215,810 $945
2022 $128,790 $37,340 $166,130 $756
2021 $128,790 $37,340 $166,130 $695
2020 $113,160 $27,340 $140,500 $618
2019 $113,160 $27,340 $140,500 $618
2018 $113,160 $27,340 $140,500 $618
2017 $113,160 $27,340 $140,500 $604
2016 $113,160 $27,340 $140,500 $604
2015 $130,710 $26,730 $157,440 $525
2014 $130,710 $26,730 $157,440 $525
2013 $130,710 $26,730 $157,440 $525
2012 $130,710 $26,730 $157,440 $525
2011 $130,710 $26,730 $157,440 $525
2010 $130,710 $26,730 $157,440 $525
2009 $130,710 $26,730 $157,440 $525
2008 $130,710 $26,730 $157,440 $525
2006 $84,800 $16,368 $101,168 $424

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,150 sqft
Lot size
54,014 sqft
ZIP code
28779
City
Sylva
Street
Velo Trl
Coordinates
35.39117, -83.15713

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,553
Gross rental yield
5.49%
Implied cap rate
3.57%
Trend-extrapolated value

Frequently asked questions

When did 38 Velo Trl last sell?
38 Velo Trl most recently sold on Jul 8, 2022 for $339,500.
What is the current tax assessment for 38 Velo Trl?
The most recent total assessment for 38 Velo Trl (year 2025) is $350,327 with $1,211 in property tax.
How does 38 Velo Trl's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $339,500.
When was 38 Velo Trl built?
38 Velo Trl was built in 1997.
How does 38 Velo Trl compare to others on Velo Trl?
We do not currently track other properties on Velo Trl.
What are the property facts for 38 Velo Trl?
38 Velo Trl is a 3 bed, 2 bath, 1,150 sqft, 54,014 sqft lot single_family.
Is 38 Velo Trl a flip candidate?
Yes — 38 Velo Trl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 38 Velo Trl a tax-appeal candidate?
No — 38 Velo Trl 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
+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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