298 Basswood Rd
Banner Elk, NC 28604
3 bd 4 ba 2,244 sqft Built 1986 Lot 11,326 sqft single_family
Most recent sale
$557,500
Mar 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 8, 2024 | Sold | $660,000 | CanopyMLS |
| Mar 29, 2022 | Sold | $557,500 | MLS #235548 |
| Feb 18, 2022 | Listed | $493,000 | MLS #235548 |
| Jul 6, 2018 | Sold | $208,500 | MLS #207582 |
| May 14, 2018 | Listed | $219,900 | MLS #207582 |
| Dec 10, 2017 | Listing removed | $225,900 | HighCountry |
| Nov 13, 2017 | Price changed | $225,900 | MLS #202943 |
| Aug 12, 2017 | Listed | $229,000 | MLS #202943 |
| Mar 6, 2016 | Listing removed | $249,000 | HighCountry |
| Dec 6, 2015 | Listing removed | $258,500 | HighCountry |
| Dec 5, 2015 | Listed | $249,000 | MLS #195189 |
| Oct 20, 2015 | Relisted | $258,500 | MLS #190293 |
| Oct 16, 2015 | Listing removed | $258,500 | HighCountry |
| Mar 31, 2015 | Listed | $258,500 | MLS #190293 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $348,800 | $45,400 | $394,200 | $1,565 |
| 2024 | $348,800 | $45,400 | $394,200 | $1,253 |
| 2023 | $348,800 | $45,400 | $394,200 | $1,553 |
| 2022 | $348,800 | $45,400 | $394,200 | $1,530 |
| 2021 | $215,100 | $18,800 | $233,900 | $1,140 |
| 2020 | $215,100 | $18,800 | $233,900 | $1,139 |
| 2019 | $215,100 | $18,800 | $233,900 | $1,139 |
| 2018 | $215,100 | $18,800 | $233,900 | $1,022 |
| 2017 | $215,100 | $18,800 | $233,900 | $1,022 |
| 2016 | $215,100 | $18,800 | $233,900 | $929 |
| 2015 | $215,100 | $18,800 | $233,900 | $929 |
| 2014 | $215,100 | $18,800 | $233,900 | $929 |
| 2013 | $192,300 | $15,000 | $207,300 | $839 |
| 2010 | $192,300 | $15,000 | $207,300 | $839 |
| 2008 | $192,300 | $15,000 | $207,300 | $839 |
Property facts
Year built
1986
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,244 sqft
Lot size
11,326 sqft
ZIP code
28604
City
Banner Elk
Street
Basswood Rd
Coordinates
36.15300, -81.78167
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,029
Gross rental yield
6.52%
Implied cap rate
4.24%
Trend-extrapolated value
—
Frequently asked questions
When did 298 Basswood Rd last sell?
298 Basswood Rd most recently sold on Mar 29, 2022 for $557,500.
What is the current tax assessment for 298 Basswood Rd?
The most recent total assessment for 298 Basswood Rd (year 2025) is $394,200 with $1,565 in property tax.
How does 298 Basswood Rd's assessment compare to its last sale price?
The current assessment is 29.3% below the last sale price of $557,500.
When was 298 Basswood Rd built?
298 Basswood Rd was built in 1986.
How does 298 Basswood Rd compare to others on Basswood Rd?
We track 8 other properties on Basswood Rd. Browse the list under "Other properties on Basswood Rd" to compare beds, baths, and sale history.
What are the property facts for 298 Basswood Rd?
298 Basswood Rd is a 3 bed, 4 bath, 2,244 sqft, 11,326 sqft lot single_family.
Is 298 Basswood Rd a flip candidate?
No — 298 Basswood Rd does not appear in our flips dataset.
Is 298 Basswood Rd a tax-appeal candidate?
No — 298 Basswood Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.8%
Implied 1-yr
-3.0%
2026 Q3
$471.6K
2026 Q4
$467.9K
ZIP 28604 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Basswood Rd