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149 Farm Loop Rd

Banner Elk, NC 28604

4 bd 5 ba 3,271 sqft Built 1931 Lot 60,113 sqft single_family
Most recent sale
$2,300,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $2,300,000 Public Record
Apr 18, 2022 Sold $1,800,000 MLS #236079
Mar 12, 2022 Listed $1,800,000 MLS #236079
Dec 12, 2019 Sold $1,017,500 MLS #215008
Oct 15, 2019 Price changed $1,095,000 MLS #215008
May 29, 2019 Listed $1,295,000 MLS #215008
Jul 24, 2015 Sold $790,000 Public Record
Jun 10, 2015 Listing removed $795,000 HighCountry
May 24, 2015 Price changed $795,000 MLS #178736
Nov 14, 2014 Relisted $895,000 MLS #178736
Nov 1, 2014 Listing removed $895,000 HighCountry
May 29, 2014 Price changed $895,000 MLS #178736
Apr 12, 2014 Price changed $995,000 MLS #178736
Dec 7, 2013 Relisted $1,195,000 MLS #178736
Dec 1, 2013 Listing removed $1,195,000 HighCountry
Sep 8, 2013 Price changed $1,195,000 MLS #178736
May 21, 2013 Listed $1,295,000 MLS #178736

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,113,600 $200,000 $1,313,600 $11,296
2023 $1,113,600 $200,000 $1,313,600 $11,296
2022 $1,113,600 $200,000 $1,313,600 $4,151
2021 $636,400 $140,000 $776,400 $4,270
2020 $636,400 $140,000 $776,400 $8,618
2019 $636,400 $140,000 $776,400 $8,618
2018 $636,400 $140,000 $776,400 $8,540
2017 $373,400 $75,000 $448,400 $5,067
2016 $373,400 $75,000 $448,400 $2,005
2015 $373,400 $75,000 $448,400 $2,005
2014 $373,400 $75,000 $448,400 $2,336
2013 $664,500 $2,691
2012 $664,500 $2,691

Property facts

Year built
1931
Property type
single_family
Stories
Beds
4
Baths
5
Living area
3,271 sqft
Lot size
60,113 sqft
ZIP code
28604
City
Banner Elk
Street
Farm Loop Rd
Coordinates
36.15584, -81.85735

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$13,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 149 Farm Loop Rd last sell?
149 Farm Loop Rd most recently sold on May 12, 2022 for $2,300,000.
What is the current tax assessment for 149 Farm Loop Rd?
The most recent total assessment for 149 Farm Loop Rd (year 2025) is $1,313,600 with $11,296 in property tax.
How does 149 Farm Loop Rd's assessment compare to its last sale price?
The current assessment is 42.9% below the last sale price of $2,300,000.
When was 149 Farm Loop Rd built?
149 Farm Loop Rd was built in 1931.
How does 149 Farm Loop Rd compare to others on Farm Loop Rd?
We track 8 other properties on Farm Loop Rd. Browse the list under "Other properties on Farm Loop Rd" to compare beds, baths, and sale history.
What are the property facts for 149 Farm Loop Rd?
149 Farm Loop Rd is a 4 bed, 5 bath, 3,271 sqft, 60,113 sqft lot single_family.
Is 149 Farm Loop Rd a flip candidate?
Yes — 149 Farm Loop Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 149 Farm Loop Rd a tax-appeal candidate?
No — 149 Farm Loop Rd 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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