242 Elk Hill Dr
Banner Elk, NC 28604
2 bd 2 ba 1,014 sqft Built 1985 townhomes
Most recent sale
$225,300
Feb 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 2, 2022 | Sold | $225,300 | MLS #235184 |
| Jan 11, 2022 | Listed | $215,000 | MLS #235184 |
| Mar 12, 2020 | Sold | $136,000 | MLS #219875 |
| Jan 24, 2020 | Listed | $139,000 | MLS #219875 |
Tax assessment history
No tax assessment data
No assessment history available for this parcel.
Property facts
Year built
1985
Property type
townhomes
Stories
—
Beds
2
Baths
2
Living area
1,014 sqft
Lot size
—
ZIP code
28604
City
Banner Elk
Street
Elk Hill Dr
Coordinates
36.14590, -81.85929
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
$1,369
Gross rental yield
7.29%
Implied cap rate
4.74%
Trend-extrapolated value
—
Frequently asked questions
When did 242 Elk Hill Dr last sell?
242 Elk Hill Dr most recently sold on Feb 2, 2022 for $225,300.
What is the current tax assessment for 242 Elk Hill Dr?
No tax-assessment history is recorded for this parcel.
When was 242 Elk Hill Dr built?
242 Elk Hill Dr was built in 1985.
How does 242 Elk Hill Dr compare to others on Elk Hill Dr?
We track 8 other properties on Elk Hill Dr. Browse the list under "Other properties on Elk Hill Dr" to compare beds, baths, and sale history.
What are the property facts for 242 Elk Hill Dr?
242 Elk Hill Dr is a 2 bed, 2 bath, 1,014 sqft townhomes.
Is 242 Elk Hill Dr a flip candidate?
Yes — 242 Elk Hill Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 242 Elk Hill Dr a tax-appeal candidate?
No — 242 Elk Hill Dr 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 Elk Hill Dr