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424 Elk River Pkwy

Banner Elk, NC 28604

5 bd 6 ba 4,509 sqft Built 2000 Lot 105,807 sqft single_family
Most recent sale
$2,943,200
Jul 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2024 Sold $2,943,200 HighCountry
May 1, 2024 Listed $2,995,000 HighCountry
Nov 14, 2023 Listing removed HighCountry
Sep 7, 2023 Listed $2,995,000 HighCountry
Sep 10, 2020 Sold $1,050,000 HighCountry

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,146,700 $100,000 $1,246,700 $4,986
2023 $1,146,700 $100,000 $1,246,700 $4,986
2022 $1,146,700 $100,000 $1,246,700 $4,986
2021 $703,100 $100,000 $803,100 $4,417
2020 $703,100 $100,000 $803,100 $4,417
2019 $703,100 $100,000 $803,100 $4,417
2018 $703,100 $100,000 $803,100 $4,417
2017 $735,100 $100,000 $835,100 $4,593
2016 $735,100 $100,000 $835,100 $3,734
2015 $735,100 $100,000 $835,100 $3,734
2014 $735,100 $100,000 $835,100 $4,350
2013 $1,404,500 $5,688
2012 $1,404,500 $5,688

Property facts

Year built
2000
Property type
single_family
Stories
2
Beds
5
Baths
6
Living area
4,509 sqft
Lot size
105,807 sqft
ZIP code
28604
City
Banner Elk
Street
Elk River Pkwy
Coordinates
36.15064, -81.89828

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$17,659
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 424 Elk River Pkwy last sell?
424 Elk River Pkwy most recently sold on Jul 11, 2024 for $2,943,200.
What is the current tax assessment for 424 Elk River Pkwy?
The most recent total assessment for 424 Elk River Pkwy (year 2025) is $1,246,700 with $4,986 in property tax.
How does 424 Elk River Pkwy's assessment compare to its last sale price?
The current assessment is 57.6% below the last sale price of $2,943,200.
When was 424 Elk River Pkwy built?
424 Elk River Pkwy was built in 2000.
How does 424 Elk River Pkwy compare to others on Elk River Pkwy?
We track 8 other properties on Elk River Pkwy. Browse the list under "Other properties on Elk River Pkwy" to compare beds, baths, and sale history.
What are the property facts for 424 Elk River Pkwy?
424 Elk River Pkwy is a 5 bed, 6 bath, 4,509 sqft, 105,807 sqft lot single_family.
Is 424 Elk River Pkwy a flip candidate?
No — 424 Elk River Pkwy does not appear in our flips dataset.
Is 424 Elk River Pkwy a tax-appeal candidate?
No — 424 Elk River Pkwy 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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