387 Spring Cove Rd
Waynesville, NC 28786
4 bd 5 ba 2,332 sqft Built 1993 Lot 1,318,561 sqft single_family
Most recent sale
$682,500
May 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 23, 2025 | Sold | $589,000 | Public Record |
| May 11, 2022 | Sold | $682,500 | Public Record |
| Jan 20, 2022 | Sold | $685,000 | MLS #3774615 |
| Oct 3, 2021 | Price changed | $759,000 | MLS #3774615 |
| Aug 17, 2021 | Listed | $799,000 | MLS #3774615 |
| Aug 15, 2005 | Sold | $893,750 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $632,000 | $159,100 | $791,100 | $5,301 |
| 2024 | $632,000 | $159,100 | $791,100 | $5,301 |
| 2023 | $632,000 | $159,100 | $791,100 | $5,301 |
| 2022 | $632,000 | $159,100 | $791,100 | $5,182 |
| 2021 | $632,000 | $159,100 | $791,100 | $5,182 |
| 2020 | $488,100 | $143,300 | $631,400 | $4,484 |
| 2019 | $488,100 | $143,300 | $631,400 | $4,489 |
| 2018 | $488,100 | $143,300 | $631,400 | $4,489 |
| 2017 | $488,100 | $143,300 | $631,400 | $4,489 |
| 2016 | $522,500 | $143,300 | $665,800 | $4,599 |
| 2015 | $522,500 | $143,300 | $665,800 | $4,599 |
| 2014 | $522,500 | $143,300 | $665,800 | $4,362 |
| 2013 | $522,500 | $143,300 | $665,800 | $4,362 |
| 2012 | $522,500 | $143,300 | $665,800 | $4,362 |
| 2011 | $522,500 | $143,300 | $665,800 | $4,362 |
| 2010 | $585,530 | $275,940 | $861,470 | $5,381 |
| 2009 | $585,530 | $275,940 | $861,470 | $5,359 |
| 2008 | $585,530 | $275,940 | $861,470 | $5,208 |
| 2007 | $585,530 | $275,940 | $861,470 | $5,203 |
Property facts
Year built
1993
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
2,332 sqft
Lot size
1,318,561 sqft
ZIP code
28786
City
Waynesville
Street
Spring Cove Rd
Coordinates
35.46292, -82.92764
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,148
Gross rental yield
5.53%
Implied cap rate
3.60%
Trend-extrapolated value
—
Frequently asked questions
When did 387 Spring Cove Rd last sell?
387 Spring Cove Rd most recently sold on May 11, 2022 for $682,500.
What is the current tax assessment for 387 Spring Cove Rd?
The most recent total assessment for 387 Spring Cove Rd (year 2025) is $791,100 with $5,301 in property tax.
How does 387 Spring Cove Rd's assessment compare to its last sale price?
The current assessment is 15.9% above the last sale price of $682,500.
When was 387 Spring Cove Rd built?
387 Spring Cove Rd was built in 1993.
How does 387 Spring Cove Rd compare to others on Spring Cove Rd?
We track 3 other properties on Spring Cove Rd. Browse the list under "Other properties on Spring Cove Rd" to compare beds, baths, and sale history.
What are the property facts for 387 Spring Cove Rd?
387 Spring Cove Rd is a 4 bed, 5 bath, 2,332 sqft, 1,318,561 sqft lot single_family.
Is 387 Spring Cove Rd a flip candidate?
No — 387 Spring Cove Rd does not appear in our flips dataset.
Is 387 Spring Cove Rd a tax-appeal candidate?
Yes — 387 Spring Cove 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 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
Other properties on Spring Cove Rd