659 Elk River Clubhouse Dr
Banner Elk, NC 28604
4 bd 5 ba 2,858 sqft Built 1985 condos
Most recent sale
$699,000
Sep 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 22, 2022 | Sold | $699,000 | MLS #237077 |
| Apr 29, 2022 | Listed | $699,000 | MLS #237077 |
| Jul 16, 2021 | Sold | $730,000 | Public Record |
| Jul 2, 2020 | Sold | $360,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $485,200 | — | $485,200 | $1,940 |
| 2023 | $401,900 | — | $401,900 | $1,607 |
| 2022 | $401,900 | — | $401,900 | $1,607 |
| 2021 | $238,500 | $150,000 | $388,500 | $2,137 |
| 2020 | $238,500 | $150,000 | $388,500 | $2,137 |
| 2019 | $238,500 | $150,000 | $388,500 | $2,137 |
| 2018 | $238,500 | $150,000 | $388,500 | $2,137 |
| 2017 | $258,500 | $150,000 | $408,500 | $2,247 |
| 2016 | $258,500 | $150,000 | $408,500 | $1,827 |
| 2015 | $258,500 | $150,000 | $408,500 | $1,827 |
| 2014 | $258,500 | $150,000 | $408,500 | $2,128 |
| 2013 | — | — | $529,700 | $2,145 |
Property facts
Year built
1985
Property type
condos
Stories
—
Beds
4
Baths
5
Living area
2,858 sqft
Lot size
—
ZIP code
28604
City
Banner Elk
Street
Elk River Clubhouse Dr
Coordinates
36.15252, -81.89522
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
$3,858
Gross rental yield
6.62%
Implied cap rate
4.31%
Trend-extrapolated value
—
Frequently asked questions
When did 659 Elk River Clubhouse Dr last sell?
659 Elk River Clubhouse Dr most recently sold on Sep 22, 2022 for $699,000.
What is the current tax assessment for 659 Elk River Clubhouse Dr?
The most recent total assessment for 659 Elk River Clubhouse Dr (year 2025) is $485,200 with $1,940 in property tax.
How does 659 Elk River Clubhouse Dr's assessment compare to its last sale price?
The current assessment is 30.6% below the last sale price of $699,000.
When was 659 Elk River Clubhouse Dr built?
659 Elk River Clubhouse Dr was built in 1985.
How does 659 Elk River Clubhouse Dr compare to others on Elk River Clubhouse Dr?
We track 8 other properties on Elk River Clubhouse Dr. Browse the list under "Other properties on Elk River Clubhouse Dr" to compare beds, baths, and sale history.
What are the property facts for 659 Elk River Clubhouse Dr?
659 Elk River Clubhouse Dr is a 4 bed, 5 bath, 2,858 sqft condos.
Is 659 Elk River Clubhouse Dr a flip candidate?
Yes — 659 Elk River Clubhouse Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 659 Elk River Clubhouse Dr a tax-appeal candidate?
No — 659 Elk River Clubhouse 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