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194 Indian Paintbrush Dr

Banner Elk, NC 28604

3 bd 3 ba 1,669 sqft Built 2005 condos
Most recent sale
$670,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $670,000 MLS #236319
Mar 24, 2022 Listed $669,000 MLS #236319

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $450,200 $75,000 $525,200 $2,047
2024 $450,200 $75,000 $525,200 $2,035
2022 $450,200 $75,000 $525,200 $2,012
2021 $234,000 $75,000 $309,000 $1,480
2020 $234,000 $75,000 $309,000 $1,480
2019 $234,000 $75,000 $309,000 $1,480
2018 $234,000 $75,000 $309,000 $1,325
2017 $234,000 $75,000 $309,000 $1,325
2016 $234,000 $75,000 $309,000 $1,202
2015 $234,000 $75,000 $309,000 $1,202
2014 $234,000 $75,000 $309,000 $1,202
2013 $263,700 $75,000 $338,700 $1,316
2010 $263,700 $75,000 $338,700 $1,316
2008 $263,700 $75,000 $338,700 $1,316

Property facts

Year built
2005
Property type
condos
Stories
Beds
3
Baths
3
Living area
1,669 sqft
Lot size
ZIP code
28604
City
Banner Elk
Street
Indian Paintbrush Dr
Coordinates
36.16713, -81.77652

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,253
Gross rental yield
4.04%
Implied cap rate
2.62%
Trend-extrapolated value

Frequently asked questions

When did 194 Indian Paintbrush Dr last sell?
194 Indian Paintbrush Dr most recently sold on Apr 18, 2022 for $670,000.
What is the current tax assessment for 194 Indian Paintbrush Dr?
The most recent total assessment for 194 Indian Paintbrush Dr (year 2025) is $525,200 with $2,047 in property tax.
How does 194 Indian Paintbrush Dr's assessment compare to its last sale price?
The current assessment is 21.6% below the last sale price of $670,000.
When was 194 Indian Paintbrush Dr built?
194 Indian Paintbrush Dr was built in 2005.
How does 194 Indian Paintbrush Dr compare to others on Indian Paintbrush Dr?
We track 8 other properties on Indian Paintbrush Dr. Browse the list under "Other properties on Indian Paintbrush Dr" to compare beds, baths, and sale history.
What are the property facts for 194 Indian Paintbrush Dr?
194 Indian Paintbrush Dr is a 3 bed, 3 bath, 1,669 sqft condos.
Is 194 Indian Paintbrush Dr a flip candidate?
No — 194 Indian Paintbrush Dr does not appear in our flips dataset.
Is 194 Indian Paintbrush Dr a tax-appeal candidate?
No — 194 Indian Paintbrush Dr 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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