575 Grandfather Farms Rd
Banner Elk, NC 28604
3 bd 3 ba 2,933 sqft Built 2004 Lot 23,958 sqft single_family
Most recent sale
$970,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $970,000 | MLS #236597 |
| Apr 8, 2022 | Listed | $849,900 | MLS #236597 |
| Oct 22, 2012 | Sold | $387,000 | Public Record |
| Sep 17, 2012 | Listing removed | $399,000 | HighCountry |
| Sep 6, 2012 | Price changed | $399,000 | MLS #167165 |
| Jun 22, 2012 | Price changed | $415,000 | MLS #167165 |
| May 2, 2012 | Price changed | $449,900 | MLS #167165 |
| Mar 13, 2012 | Price changed | $475,000 | MLS #167165 |
| Nov 24, 2011 | Price changed | $497,000 | MLS #167165 |
| Sep 14, 2011 | Price changed | $545,000 | MLS #167165 |
| Jun 14, 2011 | Price changed | $574,000 | MLS #167165 |
| Jun 12, 2011 | Listed | $575,000 | MLS #167165 |
| Jun 2, 2011 | Listing removed | $599,000 | HighCountry |
| Nov 20, 2010 | Price changed | $599,000 | MLS #92584 |
| Aug 13, 2010 | Listed | $649,000 | MLS #92584 |
| Jul 11, 2009 | Listing removed | $699,000 | HighCountry |
| Feb 21, 2009 | Listing removed | $699,000 | HighCountry |
| Feb 13, 2009 | Listed | $699,000 | MLS #81523 |
| Nov 3, 2006 | Sold | $605,000 | Public Record |
| May 6, 2005 | Sold | $372,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $577,600 | $21,200 | $598,800 | $2,318 |
| 2024 | $577,600 | $21,200 | $598,800 | $1,904 |
| 2022 | $577,600 | $21,200 | $598,800 | $2,283 |
| 2021 | $424,900 | $21,200 | $446,100 | $2,101 |
| 2020 | $424,900 | $21,200 | $446,100 | $2,101 |
| 2019 | $424,900 | $21,200 | $446,100 | $2,101 |
| 2018 | $405,400 | $21,200 | $426,600 | $1,799 |
| 2017 | $405,400 | $21,200 | $426,600 | $1,799 |
| 2016 | $405,400 | $21,200 | $426,600 | $1,629 |
| 2015 | $405,400 | $21,200 | $426,600 | $1,629 |
| 2014 | $405,400 | $21,200 | $426,600 | $1,629 |
| 2013 | $457,100 | $21,200 | $478,300 | $1,823 |
| 2010 | $457,100 | $21,200 | $478,300 | $1,823 |
| 2008 | $457,100 | $21,200 | $478,300 | $1,823 |
Property facts
Year built
2004
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,933 sqft
Lot size
23,958 sqft
ZIP code
28604
City
Banner Elk
Street
Grandfather Farms Rd
Coordinates
36.14243, -81.80879
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,960
Gross rental yield
4.90%
Implied cap rate
3.18%
Trend-extrapolated value
—
Frequently asked questions
When did 575 Grandfather Farms Rd last sell?
575 Grandfather Farms Rd most recently sold on May 31, 2022 for $970,000.
What is the current tax assessment for 575 Grandfather Farms Rd?
The most recent total assessment for 575 Grandfather Farms Rd (year 2025) is $598,800 with $2,318 in property tax.
How does 575 Grandfather Farms Rd's assessment compare to its last sale price?
The current assessment is 38.3% below the last sale price of $970,000.
When was 575 Grandfather Farms Rd built?
575 Grandfather Farms Rd was built in 2004.
How does 575 Grandfather Farms Rd compare to others on Grandfather Farms Rd?
We track 6 other properties on Grandfather Farms Rd. Browse the list under "Other properties on Grandfather Farms Rd" to compare beds, baths, and sale history.
What are the property facts for 575 Grandfather Farms Rd?
575 Grandfather Farms Rd is a 3 bed, 3 bath, 2,933 sqft, 23,958 sqft lot single_family.
Is 575 Grandfather Farms Rd a flip candidate?
No — 575 Grandfather Farms Rd does not appear in our flips dataset.
Is 575 Grandfather Farms Rd a tax-appeal candidate?
No — 575 Grandfather Farms Rd 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
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