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262 Hemlock Rd

Banner Elk, NC 28604

1 bd 1 ba 495 sqft Built 1975 Lot 4,356 sqft single_family
Most recent sale
$185,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $185,000 MLS #234675
Nov 29, 2021 Listed $174,900 MLS #234675

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $155,600 $13,800 $169,400 $738
2024 $155,600 $13,800 $169,400 $726
2023 $155,600 $13,800 $169,400 $726
2022 $155,600 $13,800 $169,400 $703
2020 $86,900 $12,500 $99,400 $530
2019 $86,900 $12,500 $99,400 $530
2018 $86,900 $12,500 $99,400 $480
2017 $86,900 $12,500 $99,400 $480
2016 $86,900 $12,500 $99,400 $440
2015 $86,900 $12,500 $99,400 $440
2014 $86,900 $12,500 $99,400 $440
2013 $81,300 $10,000 $91,300 $418
2010 $81,300 $10,000 $91,300 $418
2008 $81,300 $10,000 $91,300 $418

Property facts

Year built
1975
Property type
single_family
Stories
Beds
1
Baths
1
Living area
495 sqft
Lot size
4,356 sqft
ZIP code
28604
City
Banner Elk
Street
Hemlock Rd
Coordinates
36.15294, -81.77785

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$668
Gross rental yield
4.33%
Implied cap rate
2.82%
Trend-extrapolated value

Frequently asked questions

When did 262 Hemlock Rd last sell?
262 Hemlock Rd most recently sold on Jan 28, 2022 for $185,000.
What is the current tax assessment for 262 Hemlock Rd?
The most recent total assessment for 262 Hemlock Rd (year 2025) is $169,400 with $738 in property tax.
How does 262 Hemlock Rd's assessment compare to its last sale price?
The current assessment is 8.4% below the last sale price of $185,000.
When was 262 Hemlock Rd built?
262 Hemlock Rd was built in 1975.
How does 262 Hemlock Rd compare to others on Hemlock Rd?
We track 8 other properties on Hemlock Rd. Browse the list under "Other properties on Hemlock Rd" to compare beds, baths, and sale history.
What are the property facts for 262 Hemlock Rd?
262 Hemlock Rd is a 1 bed, 1 bath, 495 sqft, 4,356 sqft lot single_family.
Is 262 Hemlock Rd a flip candidate?
No — 262 Hemlock Rd does not appear in our flips dataset.
Is 262 Hemlock Rd a tax-appeal candidate?
No — 262 Hemlock 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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