125 Farm Ln
Banner Elk, NC 28604
2 bd 3 ba 2,092 sqft Built 1994 Lot 36,590 sqft single_family
Most recent sale
$626,400
Nov 20, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 20, 2023 | Sold | $626,400 | HighCountry |
| Oct 17, 2023 | Listed | $649,000 | HighCountry |
| Oct 6, 2023 | Listed | $649,000 | CanopyMLS |
| Aug 5, 2021 | Sold | $499,500 | HighCountry |
| Apr 28, 2021 | Price changed | $499,500 | HighCountry |
| Mar 29, 2021 | Listed | $549,000 | HighCountry |
| Jul 6, 2017 | Sold | $349,700 | HighCountry |
| Apr 3, 2017 | Listed | $349,700 | HighCountry |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $415,000 | $33,600 | $448,600 | $1,765 |
| 2024 | $415,000 | $33,600 | $448,600 | $1,753 |
| 2023 | $415,000 | $33,600 | $448,600 | $1,753 |
| 2022 | $415,000 | $33,600 | $448,600 | $1,730 |
| 2020 | $268,500 | $33,600 | $302,100 | $1,448 |
| 2019 | $268,500 | $33,600 | $302,100 | $1,448 |
| 2018 | $268,500 | $33,600 | $302,100 | $1,297 |
| 2017 | $268,500 | $33,600 | $302,100 | $1,297 |
| 2016 | $268,500 | $33,600 | $302,100 | $1,176 |
| 2015 | $268,500 | $33,600 | $302,100 | $1,176 |
| 2014 | $268,500 | $33,600 | $302,100 | $1,176 |
| 2013 | $236,100 | $33,600 | $269,700 | $1,066 |
| 2010 | $236,100 | $33,600 | $269,700 | $1,066 |
| 2008 | $236,100 | $33,600 | $269,700 | $1,066 |
Property facts
Year built
1994
Property type
single_family
Stories
—
Beds
2
Baths
3
Living area
2,092 sqft
Lot size
36,590 sqft
ZIP code
28604
City
Banner Elk
Street
Farm Ln
Coordinates
36.14325, -81.80846
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,824
Gross rental yield
5.41%
Implied cap rate
3.52%
Trend-extrapolated value
—
Frequently asked questions
When did 125 Farm Ln last sell?
125 Farm Ln most recently sold on Nov 20, 2023 for $626,400.
What is the current tax assessment for 125 Farm Ln?
The most recent total assessment for 125 Farm Ln (year 2025) is $448,600 with $1,765 in property tax.
How does 125 Farm Ln's assessment compare to its last sale price?
The current assessment is 28.4% below the last sale price of $626,400.
When was 125 Farm Ln built?
125 Farm Ln was built in 1994.
How does 125 Farm Ln compare to others on Farm Ln?
We track 1 other property on Farm Ln. Browse the list under "Other properties on Farm Ln" to compare beds, baths, and sale history.
What are the property facts for 125 Farm Ln?
125 Farm Ln is a 2 bed, 3 bath, 2,092 sqft, 36,590 sqft lot single_family.
Is 125 Farm Ln a flip candidate?
No — 125 Farm Ln does not appear in our flips dataset.
Is 125 Farm Ln a tax-appeal candidate?
No — 125 Farm Ln 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 Farm Ln