87 Cabin Cove Ln
Banner Elk, NC 28604
2 bd 2 ba 1,295 sqft Built 2004 Lot 35,719 sqft single_family
Most recent sale
$275,000
Apr 6, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2025 | Sold | $450,000 | HighCountry |
| Jun 17, 2025 | Price changed | $475,000 | HighCountry |
| Mar 18, 2025 | Listed | $495,000 | HighCountry |
| Jun 2, 2023 | Sold | $380,000 | HighCountry |
| Mar 21, 2023 | Price changed | $390,000 | HighCountry |
| Feb 20, 2023 | Relisted | $400,000 | HighCountry |
| Jan 30, 2023 | Listing removed | $400,000 | HighCountry |
| Oct 11, 2022 | Listed | $400,000 | MLS #240264 |
| Apr 6, 2021 | Sold | $275,000 | Public Record |
| Aug 16, 2019 | Sold | $220,000 | MLS #211985 |
| Jan 9, 2019 | Listed | $249,000 | MLS #211985 |
| Feb 12, 2010 | Sold | $145,100 | Public Record |
| Nov 24, 2009 | Listing removed | $159,000 | HighCountry |
| Nov 18, 2009 | Price changed | $159,000 | MLS #86458 |
| Nov 9, 2009 | Price changed | $185,000 | MLS #86458 |
| Oct 18, 2009 | Price changed | $220,000 | MLS #86458 |
| Sep 17, 2009 | Listed | $299,000 | MLS #86458 |
| Nov 2, 2005 | Sold | $225,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $277,000 | $25,000 | $302,000 | $1,208 |
| 2023 | $277,000 | $25,000 | $302,000 | $1,208 |
| 2022 | $277,000 | $25,000 | $302,000 | $1,208 |
| 2021 | $122,500 | $25,000 | $147,500 | $811 |
| 2020 | $122,500 | $25,000 | $147,500 | $811 |
| 2019 | $122,500 | $25,000 | $147,500 | $811 |
| 2018 | $122,500 | $25,000 | $147,500 | $811 |
| 2017 | $127,900 | $25,000 | $152,900 | $841 |
| 2016 | $127,900 | $25,000 | $152,900 | $684 |
| 2015 | $127,900 | $25,000 | $152,900 | $684 |
| 2014 | $127,900 | $25,000 | $152,900 | $797 |
| 2013 | — | — | $220,200 | $892 |
| 2012 | — | — | $220,200 | $892 |
Property facts
Year built
2004
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,295 sqft
Lot size
35,719 sqft
ZIP code
28604
City
Banner Elk
Street
Cabin Cove Ln
Coordinates
36.13071, -81.90560
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,748
Gross rental yield
7.63%
Implied cap rate
4.96%
Trend-extrapolated value
—
Frequently asked questions
When did 87 Cabin Cove Ln last sell?
87 Cabin Cove Ln most recently sold on Apr 6, 2021 for $275,000.
What is the current tax assessment for 87 Cabin Cove Ln?
The most recent total assessment for 87 Cabin Cove Ln (year 2025) is $302,000 with $1,208 in property tax.
How does 87 Cabin Cove Ln's assessment compare to its last sale price?
The current assessment is 9.8% above the last sale price of $275,000.
When was 87 Cabin Cove Ln built?
87 Cabin Cove Ln was built in 2004.
How does 87 Cabin Cove Ln compare to others on Cabin Cove Ln?
We track 3 other properties on Cabin Cove Ln. Browse the list under "Other properties on Cabin Cove Ln" to compare beds, baths, and sale history.
What are the property facts for 87 Cabin Cove Ln?
87 Cabin Cove Ln is a 2 bed, 2 bath, 1,295 sqft, 35,719 sqft lot single_family.
Is 87 Cabin Cove Ln a flip candidate?
Yes — 87 Cabin Cove Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 87 Cabin Cove Ln a tax-appeal candidate?
No — 87 Cabin Cove Ln 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
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