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2180 Balm Hwy

Banner Elk, NC 28604

2 bd 152,460 sqft Built 1944 Lot 152,460 sqft land
Most recent sale
$89,000
Jun 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 20, 2022 Sold $89,000 MLS #11077315
May 18, 2022 Listed $89,000 MLS #11077315

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $91,100 $109,500 $200,600 $802
2023 $64,400 $109,500 $173,900 $695
2022 $64,400 $109,500 $173,900 $689
2021 $34,600 $72,500 $107,100 $589
2020 $34,600 $72,500 $107,100 $589
2019 $34,600 $72,500 $107,100 $589
2018 $34,600 $72,500 $107,100 $589
2017 $20,600 $72,500 $93,100 $512
2016 $20,600 $72,500 $93,100 $416
2015 $20,600 $72,500 $93,100 $416
2014 $20,600 $72,500 $93,100 $485
2013 $141,500 $573
2012 $141,500 $573

Property facts

Year built
1944
Property type
land
Stories
Beds
2
Baths
Living area
152,460 sqft
Lot size
152,460 sqft
ZIP code
28604
City
Banner Elk
Street
Balm Hwy
Coordinates
36.17183, -81.83706

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$534
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2180 Balm Hwy last sell?
2180 Balm Hwy most recently sold on Jun 20, 2022 for $89,000.
What is the current tax assessment for 2180 Balm Hwy?
The most recent total assessment for 2180 Balm Hwy (year 2025) is $200,600 with $802 in property tax.
How does 2180 Balm Hwy's assessment compare to its last sale price?
The current assessment is 125.4% above the last sale price of $89,000.
When was 2180 Balm Hwy built?
2180 Balm Hwy was built in 1944.
How does 2180 Balm Hwy compare to others on Balm Hwy?
We track 8 other properties on Balm Hwy. Browse the list under "Other properties on Balm Hwy" to compare beds, baths, and sale history.
What are the property facts for 2180 Balm Hwy?
2180 Balm Hwy is a 2 bed, 152,460 sqft, 152,460 sqft lot land.
Is 2180 Balm Hwy a flip candidate?
No — 2180 Balm Hwy does not appear in our flips dataset.
Is 2180 Balm Hwy a tax-appeal candidate?
Yes — 2180 Balm Hwy 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
-0.8%
Implied 1-yr
-3.0%
2026 Q3
$471.6K
2026 Q4
$467.9K
ZIP 28604 — Median Price History + Forecast

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