331 Chestnut Mountain Rd
Banner Elk, NC 28604
4 bd 5 ba 3,575 sqft Built 2006 Lot 68,825 sqft single_family
Most recent sale
$85,000
Apr 9, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 7, 2023 | Sold | $925,000 | HighCountry |
| Nov 10, 2022 | Price changed | $999,000 | HighCountry |
| Jul 15, 2022 | Price changed | $1,099,000 | MLS #237958 |
| Jun 6, 2022 | Listed | $1,150,000 | MLS #237958 |
| Apr 9, 2021 | Sold | $85,000 | MLS #227717 |
| Nov 2, 2020 | Listed | $88,000 | MLS #226751 |
| Aug 12, 2019 | Sold | $650,000 | MLS #213740 |
| May 13, 2019 | Listed | $88,000 | MLS #214731 |
| Apr 8, 2019 | Listed | $749,900 | MLS #213740 |
| Sep 21, 2018 | Price changed | $799,000 | MLS #208064 |
| Aug 21, 2018 | Price changed | $849,000 | MLS #208064 |
| Jun 11, 2018 | Listed | $899,000 | MLS #208064 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2019 | $440,800 | $40,100 | $480,900 | $2,258 |
| 2018 | $440,800 | $40,100 | $480,900 | $2,018 |
| 2017 | $440,800 | $40,100 | $480,900 | $2,018 |
| 2016 | $440,800 | $40,100 | $480,900 | $1,826 |
| 2015 | $440,800 | $40,100 | $480,900 | $1,826 |
| 2014 | $440,800 | $40,100 | $480,900 | $1,826 |
| 2013 | $435,100 | $34,400 | $469,500 | $1,791 |
| 2010 | $435,100 | $34,400 | $469,500 | $1,791 |
| 2008 | $435,100 | $34,400 | $469,500 | $1,791 |
Property facts
Year built
2006
Property type
single_family
Stories
—
Beds
4
Baths
5
Living area
3,575 sqft
Lot size
68,825 sqft
ZIP code
28604
City
Banner Elk
Street
Chestnut Mountain Rd
Coordinates
36.18067, -81.81888
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 331 Chestnut Mountain Rd last sell?
331 Chestnut Mountain Rd most recently sold on Apr 9, 2021 for $85,000.
What is the current tax assessment for 331 Chestnut Mountain Rd?
The most recent total assessment for 331 Chestnut Mountain Rd (year 2019) is $480,900 with $2,258 in property tax.
How does 331 Chestnut Mountain Rd's assessment compare to its last sale price?
The current assessment is 465.8% above the last sale price of $85,000.
When was 331 Chestnut Mountain Rd built?
331 Chestnut Mountain Rd was built in 2006.
How does 331 Chestnut Mountain Rd compare to others on Chestnut Mountain Rd?
We track 6 other properties on Chestnut Mountain Rd. Browse the list under "Other properties on Chestnut Mountain Rd" to compare beds, baths, and sale history.
What are the property facts for 331 Chestnut Mountain Rd?
331 Chestnut Mountain Rd is a 4 bed, 5 bath, 3,575 sqft, 68,825 sqft lot single_family.
Is 331 Chestnut Mountain Rd a flip candidate?
Yes — 331 Chestnut Mountain Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 331 Chestnut Mountain Rd a tax-appeal candidate?
No — 331 Chestnut Mountain 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
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