38 Downey Dr
Waynesville, NC 28786
3 bd 3 ba 2,367 sqft Built 1993 Lot 29,664 sqft single_family
Most recent sale
$585,000
Oct 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 20, 2022 | Sold | $585,000 | CanopyMLS |
| Aug 30, 2022 | Price changed | $599,000 | CanopyMLS |
| Aug 12, 2022 | Price changed | $629,000 | CanopyMLS |
| Aug 5, 2022 | Listed | $649,000 | CanopyMLS |
| Feb 3, 2021 | Sold | $281,000 | CanopyMLS |
| Dec 22, 2020 | Price changed | $310,000 | CanopyMLS |
| Nov 29, 2020 | Price changed | $324,000 | CanopyMLS |
| Nov 23, 2020 | Listed | $336,000 | CanopyMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $277,800 | $52,000 | $329,800 | $2,137 |
| 2024 | $277,800 | $52,000 | $329,800 | $1,845 |
| 2023 | $231,700 | $49,400 | $281,100 | $1,845 |
| 2022 | $231,700 | $49,400 | $281,100 | $1,803 |
| 2021 | $231,700 | $49,400 | $281,100 | $1,803 |
| 2020 | $167,800 | $45,300 | $213,100 | $1,512 |
| 2019 | $167,800 | $45,300 | $213,100 | $1,517 |
| 2017 | $167,800 | $45,300 | $213,100 | $1,517 |
| 2016 | $169,800 | $49,400 | $219,200 | $1,514 |
| 2015 | $169,800 | $49,400 | $219,200 | $1,514 |
| 2014 | $169,800 | $49,400 | $219,200 | $1,366 |
| 2013 | $169,800 | $49,400 | $219,200 | $1,366 |
| 2012 | $169,800 | $49,400 | $219,200 | $1,366 |
| 2011 | $169,800 | $49,400 | $219,200 | $1,366 |
| 2010 | $175,130 | $47,740 | $222,870 | $1,326 |
| 2009 | $175,130 | $47,740 | $222,870 | $1,304 |
| 2008 | $175,130 | $47,740 | $222,870 | $1,261 |
| 2007 | $175,130 | $47,740 | $222,870 | $1,256 |
Property facts
Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,367 sqft
Lot size
29,664 sqft
ZIP code
28786
City
Waynesville
Street
Downey Dr
Coordinates
35.47499, -83.04146
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,195
Gross rental yield
6.55%
Implied cap rate
4.26%
Trend-extrapolated value
—
Frequently asked questions
When did 38 Downey Dr last sell?
38 Downey Dr most recently sold on Oct 20, 2022 for $585,000.
What is the current tax assessment for 38 Downey Dr?
The most recent total assessment for 38 Downey Dr (year 2025) is $329,800 with $2,137 in property tax.
How does 38 Downey Dr's assessment compare to its last sale price?
The current assessment is 43.6% below the last sale price of $585,000.
When was 38 Downey Dr built?
38 Downey Dr was built in 1993.
How does 38 Downey Dr compare to others on Downey Dr?
We track 1 other property on Downey Dr. Browse the list under "Other properties on Downey Dr" to compare beds, baths, and sale history.
What are the property facts for 38 Downey Dr?
38 Downey Dr is a 3 bed, 3 bath, 2,367 sqft, 29,664 sqft lot single_family.
Is 38 Downey Dr a flip candidate?
Yes — 38 Downey Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 38 Downey Dr a tax-appeal candidate?
No — 38 Downey Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$497.6K
2026 Q4
$511.2K
ZIP 28786 — Median Price History + Forecast
Explore nearby
Geography
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