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331 Cloudrise Ln

Banner Elk, NC 28604

3 bd 4 ba 2,024 sqft Built 2001 Lot 135,254 sqft single_family
Most recent sale
$710,000
Mar 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 14, 2022 Sold $710,000 MLS #235737
Feb 18, 2022 Listed $649,900 MLS #235737
Mar 30, 2017 Sold $341,000 MLS #39206537
Feb 13, 2017 Listed $365,000 MLS #39206537

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $415,200 $55,000 $470,200 $1,845
2023 $408,100 $55,000 $463,100 $1,807
2022 $381,800 $55,000 $436,800 $1,687
2019 $322,500 $45,800 $368,300 $1,748
2018 $322,500 $45,800 $368,300 $1,564
2017 $322,500 $45,800 $368,300 $1,564
2016 $322,500 $45,800 $368,300 $1,417
2015 $318,800 $45,800 $364,600 $1,404
2014 $318,800 $45,800 $364,600 $1,404
2013 $321,500 $28,400 $349,900 $1,357
2010 $321,500 $28,400 $349,900 $1,357
2008 $321,500 $28,400 $349,900 $1,357

Property facts

Year built
2001
Property type
single_family
Stories
Beds
3
Baths
4
Living area
2,024 sqft
Lot size
135,254 sqft
ZIP code
28604
City
Banner Elk
Street
Cloudrise Ln
Coordinates
36.19158, -81.75118

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,732
Gross rental yield
4.62%
Implied cap rate
3.00%
Trend-extrapolated value

Frequently asked questions

When did 331 Cloudrise Ln last sell?
331 Cloudrise Ln most recently sold on Mar 14, 2022 for $710,000.
What is the current tax assessment for 331 Cloudrise Ln?
The most recent total assessment for 331 Cloudrise Ln (year 2025) is $470,200 with $1,845 in property tax.
How does 331 Cloudrise Ln's assessment compare to its last sale price?
The current assessment is 33.8% below the last sale price of $710,000.
When was 331 Cloudrise Ln built?
331 Cloudrise Ln was built in 2001.
How does 331 Cloudrise Ln compare to others on Cloudrise Ln?
We track 7 other properties on Cloudrise Ln. Browse the list under "Other properties on Cloudrise Ln" to compare beds, baths, and sale history.
What are the property facts for 331 Cloudrise Ln?
331 Cloudrise Ln is a 3 bed, 4 bath, 2,024 sqft, 135,254 sqft lot single_family.
Is 331 Cloudrise Ln a flip candidate?
No — 331 Cloudrise Ln does not appear in our flips dataset.
Is 331 Cloudrise Ln a tax-appeal candidate?
No — 331 Cloudrise Ln is not currently flagged as a tax-appeal candidate.

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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