506 Indian Paintbrush Dr
Banner Elk, NC 28604
3 bd 3 ba 1,669 sqft Built 2007 condos
Most recent sale
$679,900
Jun 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2022 | Sold | $679,900 | MLS #237346 |
| May 9, 2022 | Listed | $679,000 | MLS #237346 |
| Jun 24, 2021 | Sold | $485,000 | Public Record |
| Nov 6, 2014 | Listing removed | $429,900 | HighCountry |
| Apr 17, 2014 | Relisted | $429,900 | MLS #181936 |
| Apr 15, 2014 | Listing removed | $429,900 | HighCountry |
| Nov 2, 2013 | Listed | $429,900 | MLS #181936 |
| Oct 19, 2013 | Listing removed | $439,900 | HighCountry |
| Oct 5, 2012 | Listed | $439,900 | MLS #175287 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $434,000 | $75,000 | $509,000 | $1,988 |
| 2024 | $434,000 | $75,000 | $509,000 | $1,603 |
| 2022 | $429,200 | $75,000 | $504,200 | $1,935 |
| 2021 | $292,300 | $75,000 | $367,300 | $1,744 |
| 2020 | $292,300 | $75,000 | $367,300 | $1,744 |
| 2019 | $292,300 | $75,000 | $367,300 | $1,744 |
| 2018 | $292,300 | $75,000 | $367,300 | $1,560 |
| 2017 | $292,300 | $75,000 | $367,300 | $1,560 |
| 2016 | $292,300 | $75,000 | $367,300 | $1,413 |
| 2015 | $292,300 | $75,000 | $367,300 | $1,413 |
| 2014 | $292,300 | $75,000 | $367,300 | $1,413 |
| 2013 | $274,000 | $75,000 | $349,000 | $1,354 |
| 2010 | $274,000 | $75,000 | $349,000 | $1,354 |
| 2008 | $274,000 | $75,000 | $349,000 | $1,354 |
Property facts
Year built
2007
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
36.16431, -81.77957
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,253
Gross rental yield
3.98%
Implied cap rate
2.58%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Indian Paintbrush Dr last sell?
506 Indian Paintbrush Dr most recently sold on Jun 27, 2022 for $679,900.
What is the current tax assessment for 506 Indian Paintbrush Dr?
The most recent total assessment for 506 Indian Paintbrush Dr (year 2025) is $509,000 with $1,988 in property tax.
How does 506 Indian Paintbrush Dr's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $679,900.
When was 506 Indian Paintbrush Dr built?
506 Indian Paintbrush Dr was built in 2007.
How does 506 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 506 Indian Paintbrush Dr?
506 Indian Paintbrush Dr is a 3 bed, 3 bath, 1,669 sqft condos.
Is 506 Indian Paintbrush Dr a flip candidate?
Yes — 506 Indian Paintbrush Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 506 Indian Paintbrush Dr a tax-appeal candidate?
No — 506 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 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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