159 Covered Bridge Rd
Banner Elk, NC 28604
2 bd 1 ba 1,254 sqft Built 1990 Lot 14,810 sqft single_family
Most recent sale
$196,276
Jul 9, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 9, 2024 | Sold | $196,276 | HighCountry |
| May 21, 2024 | Price changed | $215,000 | HighCountry |
| May 3, 2024 | Listed | $250,000 | HighCountry |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $129,200 | $56,300 | $185,500 | $742 |
| 2023 | $129,200 | $56,300 | $185,500 | $742 |
| 2022 | $129,200 | $56,300 | $185,500 | $742 |
| 2021 | $47,000 | $37,500 | $84,500 | $464 |
| 2020 | $47,000 | $37,500 | $84,500 | $464 |
| 2019 | $47,000 | $37,500 | $84,500 | $464 |
| 2018 | $47,000 | $37,500 | $84,500 | $464 |
| 2017 | $45,300 | $37,500 | $82,800 | $455 |
| 2016 | $45,300 | $37,500 | $82,800 | $370 |
| 2015 | $45,300 | $37,500 | $82,800 | $370 |
| 2014 | $45,300 | $37,500 | $82,800 | $431 |
| 2013 | — | — | $105,900 | $428 |
| 2012 | — | — | $105,900 | $428 |
| 2011 | — | — | $105,900 | $391 |
Property facts
Year built
1990
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,254 sqft
Lot size
14,810 sqft
ZIP code
28604
City
Banner Elk
Street
Covered Bridge Rd
Coordinates
36.17740, -81.86758
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,693
Gross rental yield
10.35%
Implied cap rate
6.73%
Trend-extrapolated value
—
Frequently asked questions
When did 159 Covered Bridge Rd last sell?
159 Covered Bridge Rd most recently sold on Jul 9, 2024 for $196,276.
What is the current tax assessment for 159 Covered Bridge Rd?
The most recent total assessment for 159 Covered Bridge Rd (year 2025) is $185,500 with $742 in property tax.
How does 159 Covered Bridge Rd's assessment compare to its last sale price?
The current assessment is 5.5% below the last sale price of $196,276.
When was 159 Covered Bridge Rd built?
159 Covered Bridge Rd was built in 1990.
How does 159 Covered Bridge Rd compare to others on Covered Bridge Rd?
We track 2 other properties on Covered Bridge Rd. Browse the list under "Other properties on Covered Bridge Rd" to compare beds, baths, and sale history.
What are the property facts for 159 Covered Bridge Rd?
159 Covered Bridge Rd is a 2 bed, 1 bath, 1,254 sqft, 14,810 sqft lot single_family.
Is 159 Covered Bridge Rd a flip candidate?
No — 159 Covered Bridge Rd does not appear in our flips dataset.
Is 159 Covered Bridge Rd a tax-appeal candidate?
No — 159 Covered Bridge 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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