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1 Ray Rd

Weaverville, NC 28787

3 bd 3 ba 1,494 sqft Built 1954 Lot 30,492 sqft multi_family
Most recent sale
$125,000
Jan 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 7, 2022 Sold $125,000 MLS #3723801
Nov 1, 2021 Relisted $170,000 MLS #3723801
Aug 26, 2021 Relisted $170,000 MLS #3723801
Aug 9, 2021 Price changed $170,000 MLS #3723801
Jul 14, 2021 Price changed $189,900 MLS #3723801
Jun 2, 2021 Price changed $215,000 MLS #3723801
May 6, 2021 Price changed $219,000 MLS #3723801
Apr 12, 2021 Relisted $225,000 MLS #3723801
Mar 30, 2021 Listed $225,000 MLS #3723801
Feb 8, 2019 Listed $240,000 MLS #3472149
Jul 24, 2008 Sold $250,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $205,700 $25,600 $231,300 $1,612
2024 $205,700 $25,600 $231,300 $1,311
2023 $158,600 $40,600 $199,200 $1,292
2022 $158,900 $40,600 $199,500 $1,274
2021 $251,000 $40,600 $291,600 $1,862
2020 $200,200 $39,200 $239,400 $1,626
2019 $200,200 $39,200 $239,400 $1,626
2018 $200,200 $39,200 $239,400 $1,625
2017 $200,200 $39,200 $239,400 $1,649
2016 $139,200 $33,300 $172,500 $1,266
2015 $139,200 $33,300 $172,500 $1,266
2014 $139,200 $33,300 $172,500 $1,266
2013 $139,200 $33,300 $172,500 $1,266
2012 $137,300 $38,800 $176,100 $1,136
2011 $137,300 $38,800 $176,100 $1,136
2010 $137,300 $38,800 $176,100 $1,136
2009 $137,300 $38,800 $176,100 $1,136
2008 $136,400 $38,800 $175,200 $1,130
2007 $136,400 $38,800 $175,200 $1,130

Property facts

Year built
1954
Property type
multi_family
Stories
Beds
3
Baths
3
Living area
1,494 sqft
Lot size
30,492 sqft
ZIP code
28787
City
Weaverville
Street
Ray Rd
Coordinates
35.69332, -82.52087

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1 Ray Rd last sell?
1 Ray Rd most recently sold on Jan 7, 2022 for $125,000.
What is the current tax assessment for 1 Ray Rd?
The most recent total assessment for 1 Ray Rd (year 2025) is $231,300 with $1,612 in property tax.
How does 1 Ray Rd's assessment compare to its last sale price?
The current assessment is 85.0% above the last sale price of $125,000.
When was 1 Ray Rd built?
1 Ray Rd was built in 1954.
How does 1 Ray Rd compare to others on Ray Rd?
We do not currently track other properties on Ray Rd.
What are the property facts for 1 Ray Rd?
1 Ray Rd is a 3 bed, 3 bath, 1,494 sqft, 30,492 sqft lot multi_family.
Is 1 Ray Rd a flip candidate?
No — 1 Ray Rd does not appear in our flips dataset.
Is 1 Ray Rd a tax-appeal candidate?
Yes — 1 Ray 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
+3.5%
Implied 1-yr
+14.2%
2026 Q3
$646.4K
2026 Q4
$665K
ZIP 28787 — Median Price History + Forecast

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