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Single Family ResidenceResidential
$318,292$1,105 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 80How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $506,500 on Nov 22, 2024

516 W RIVER RD

BALSAM GROVE, NC 28708
1
Beds
1
Baths
288 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
3.51 ac
Lot SizeThe size of the land the home sits on, from county records.
2014
Year BuiltThe year the home was originally built, according to county records.

Valuation

$318K
$254K low$382K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$506,500 · Nov 22, 2024
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$318,292
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$254,634

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$588 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$122,340 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$75,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$47,340
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$96,550
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$122,340

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.69
100
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
20
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
77
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
98
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
51
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyTransylvania
Lot (acres)The size of the land the home sits on, from county records.3.51
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Pier/Post & Beam
RoofThe main material covering the roof, such as asphalt shingle or tile.Wood Shingle
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.None
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Neighborhood · ZIP 28708These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.167
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.111

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.80%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.20%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.539
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.18 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$45,250
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$63,084
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.75 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

516 W River Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 71% of homes in Transylvania County
  • Among the highest price per square foot in Transylvania County
  • Among the smallest homes in Transylvania County
  • Has a bigger lot than 83% of homes in Transylvania County
  • Newer than 92% of homes in Transylvania County

What homes are worth in Balsam Grove 28708

Each bar is how many homes fall in that price range. The marker is this home.

This home
$51K$786K

This home is worth more than 62% of homes in Balsam Grove 28708.

How it measures up in Balsam Grove 28708

The dot is this home. The mark in the middle is the typical home in Balsam Grove 28708.

Estimated value$318,292
CheaperTypical $252,385Pricier

Pricier than 62% of homes nearby

Price per ft²$1105
CheaperTypical $194Pricier

Pricier than almost all homes nearby

Living area288 ft²
SmallerTypical 1,502 ft²Bigger

Smaller than almost all homes nearby

Lot size3.51 ac
SmallerTypical 2.5 acBigger

Bigger than 61% of homes nearby

Year built2014
OlderTypical 1989Newer

Newer than 91% of homes nearby

How 516 W River Rd ranks against every home in each area.
MeasureThis homeBalsam Grove 28708Transylvania County
Estimated valuepricier than$318,29262% of homes29% of homes
Price per ft²pricier than$1105almost all homesalmost all homes
Living areabigger than288 ft²almost no homesalmost no homes
Lot sizebigger than3.51 ac61% of homes83% of homes
Year builtnewer than201491% of homes92% of homes

About 516 W River Rd

How much is 516 W River Rd, Balsam Grove, NC worth?

The TopHap Estimate for 516 W River Rd, Balsam Grove, NC is $318,292 as of Jul 14, 2026. The likely range is $254,099 to $382,485. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 516 W River Rd, Balsam Grove, NC last sell?

516 W River Rd, Balsam Grove, NC last sold on Nov 22, 2024 for $506,500, according to the county's recorded deed.

How big is 516 W River Rd, Balsam Grove, NC?

516 W River Rd, Balsam Grove, NC has 1 bedrooms, 1 bathrooms, 288 square feet of living space and a 3.51-acre lot.

When was 516 W River Rd, Balsam Grove, NC built?

516 W River Rd, Balsam Grove, NC was built in 2014, making it 12 years old.

How does 516 W River Rd, Balsam Grove, NC compare to other homes in Balsam Grove 28708?

Among the 335 homes in Balsam Grove 28708, it is worth more than 62% of them ($318,292 against a typical $252,385), its price per square foot is higher than almost all of them ($1105 against a typical $194), it is bigger than almost none of them (288 ft² against a typical 1,502 ft²), its lot is bigger than 61% of them (3.51 ac against a typical 2.5 ac) and it is newer than 91% of them (2014 against a typical 1989). Measured against all of Transylvania County, it is worth more than 29% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 516 W River Rd, Balsam Grove, NC?

The 2025 property tax bill for 516 W River Rd, Balsam Grove, NC was $588. The county assessed it at $122,340.

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