518 Indian Paintbrush Dr
Banner Elk, NC 28604
3 bd 3 ba 1,669 sqft Built 2007 condos
Most recent sale
$679,000
Mar 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 4, 2022 | Sold | $679,000 | MLS #235242 |
| Jan 15, 2022 | Listed | $679,000 | MLS #235242 |
| Oct 9, 2014 | Sold | $357,500 | Public Record |
| Sep 14, 2014 | Listing removed | $379,900 | HighCountry |
| Aug 2, 2014 | Listed | $379,900 | MLS #186819 |
| Aug 9, 2012 | Sold | $715,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $429,200 | $75,000 | $504,200 | $1,970 |
| 2023 | $429,200 | $75,000 | $504,200 | $1,958 |
| 2022 | $429,200 | $75,000 | $504,200 | $1,935 |
| 2021 | $221,700 | $75,000 | $296,700 | $1,424 |
| 2020 | $221,700 | $75,000 | $296,700 | $1,424 |
| 2019 | $221,700 | $75,000 | $296,700 | $1,424 |
| 2018 | $221,700 | $75,000 | $296,700 | $1,276 |
| 2017 | $221,700 | $75,000 | $296,700 | $1,276 |
| 2016 | $221,700 | $75,000 | $296,700 | $1,157 |
| 2015 | $221,700 | $75,000 | $296,700 | $1,157 |
| 2014 | $221,700 | $75,000 | $296,700 | $1,157 |
| 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
36.16414, -81.77984
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
2.59%
Trend-extrapolated value
—
Frequently asked questions
When did 518 Indian Paintbrush Dr last sell?
518 Indian Paintbrush Dr most recently sold on Mar 4, 2022 for $679,000.
What is the current tax assessment for 518 Indian Paintbrush Dr?
The most recent total assessment for 518 Indian Paintbrush Dr (year 2025) is $504,200 with $1,970 in property tax.
How does 518 Indian Paintbrush Dr's assessment compare to its last sale price?
The current assessment is 25.7% below the last sale price of $679,000.
When was 518 Indian Paintbrush Dr built?
518 Indian Paintbrush Dr was built in 2007.
How does 518 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 518 Indian Paintbrush Dr?
518 Indian Paintbrush Dr is a 3 bed, 3 bath, 1,669 sqft condos.
Is 518 Indian Paintbrush Dr a flip candidate?
No — 518 Indian Paintbrush Dr does not appear in our flips dataset.
Is 518 Indian Paintbrush Dr a tax-appeal candidate?
No — 518 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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