500 Laurel Ridge Ln
Banner Elk, NC 28604
2 bd 2 ba 1,600 sqft Built 1986 Lot 210,280 sqft other
Most recent sale
$725,000
Nov 9, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 6, 2024 | Sold | $775,000 | Public Record |
| Nov 9, 2023 | Sold | $725,000 | HighCountry |
| Aug 29, 2023 | Listed | $675,000 | HighCountry |
| Jul 9, 2021 | Sold | $570,000 | HighCountry |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $541,500 | — | $541,500 | $2,166 |
| 2023 | $541,500 | — | $541,500 | $2,166 |
| 2022 | $541,500 | — | $541,500 | $2,166 |
| 2021 | $140,700 | $160,000 | $300,700 | $1,653 |
| 2020 | $140,700 | $160,000 | $300,700 | $1,653 |
| 2019 | $140,700 | $160,000 | $300,700 | $1,653 |
| 2018 | $140,700 | $160,000 | $300,700 | $1,653 |
| 2017 | $152,200 | $175,000 | $327,200 | $1,799 |
| 2016 | $152,200 | $175,000 | $327,200 | $1,463 |
| 2015 | $152,200 | $175,000 | $327,200 | $1,463 |
| 2014 | $152,200 | $175,000 | $327,200 | $1,704 |
| 2013 | — | — | $403,800 | $1,635 |
Property facts
Year built
1986
Property type
other
Stories
1
Beds
2
Baths
2
Living area
1,600 sqft
Lot size
210,280 sqft
ZIP code
28604
City
Banner Elk
Street
Laurel Ridge Ln
Coordinates
36.15403, -81.89817
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
$4,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 500 Laurel Ridge Ln last sell?
500 Laurel Ridge Ln most recently sold on Nov 9, 2023 for $725,000.
What is the current tax assessment for 500 Laurel Ridge Ln?
The most recent total assessment for 500 Laurel Ridge Ln (year 2025) is $541,500 with $2,166 in property tax.
How does 500 Laurel Ridge Ln's assessment compare to its last sale price?
The current assessment is 25.3% below the last sale price of $725,000.
When was 500 Laurel Ridge Ln built?
500 Laurel Ridge Ln was built in 1986.
How does 500 Laurel Ridge Ln compare to others on Laurel Ridge Ln?
We track 8 other properties on Laurel Ridge Ln. Browse the list under "Other properties on Laurel Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 500 Laurel Ridge Ln?
500 Laurel Ridge Ln is a 2 bed, 2 bath, 1,600 sqft, 210,280 sqft lot other.
Is 500 Laurel Ridge Ln a flip candidate?
No — 500 Laurel Ridge Ln does not appear in our flips dataset.
Is 500 Laurel Ridge Ln a tax-appeal candidate?
No — 500 Laurel Ridge Ln 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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Geography
Other properties on Laurel Ridge Ln