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189 Leatherwood Rd

Banner Elk, NC 28604

3 bd 3 ba 1,711 sqft Built 1986 Lot 3,485 sqft single_family
Most recent sale
$420,000
Jan 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 14, 2022 Sold $420,000 MLS #234729
Nov 20, 2015 Sold $231,000 Public Record
Oct 14, 2015 Listing removed $235,000 HighCountry
Sep 18, 2015 Listed $235,000 MLS #194233
Oct 10, 2014 Sold $215,000 Public Record
Sep 15, 2014 Listing removed $250,000 HighCountry
Jul 2, 2014 Price changed $250,000 MLS #182019
Nov 8, 2013 Listed $260,000 MLS #182019

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $356,700 $17,200 $373,900 $1,490
2024 $356,700 $17,200 $373,900 $1,478
2023 $356,700 $17,200 $373,900 $1,478
2022 $356,700 $17,200 $373,900 $1,455
2021 $201,300 $15,600 $216,900 $1,063
2020 $201,300 $15,600 $216,900 $1,062
2019 $201,300 $15,600 $216,900 $1,062
2018 $201,300 $15,600 $216,900 $954
2017 $201,300 $15,600 $216,900 $954
2016 $201,300 $15,600 $216,900 $867
2015 $201,300 $15,600 $216,900 $867
2014 $201,300 $15,600 $216,900 $867
2013 $198,100 $12,500 $210,600 $851
2010 $182,100 $12,500 $194,600 $793
2008 $182,100 $12,500 $194,600 $793

Property facts

Year built
1986
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,711 sqft
Lot size
3,485 sqft
ZIP code
28604
City
Banner Elk
Street
Leatherwood Rd
Coordinates
36.15204, -81.77981

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,310
Gross rental yield
6.60%
Implied cap rate
4.29%
Trend-extrapolated value

Frequently asked questions

When did 189 Leatherwood Rd last sell?
189 Leatherwood Rd most recently sold on Jan 14, 2022 for $420,000.
What is the current tax assessment for 189 Leatherwood Rd?
The most recent total assessment for 189 Leatherwood Rd (year 2025) is $373,900 with $1,490 in property tax.
How does 189 Leatherwood Rd's assessment compare to its last sale price?
The current assessment is 11.0% below the last sale price of $420,000.
When was 189 Leatherwood Rd built?
189 Leatherwood Rd was built in 1986.
How does 189 Leatherwood Rd compare to others on Leatherwood Rd?
We track 2 other properties on Leatherwood Rd. Browse the list under "Other properties on Leatherwood Rd" to compare beds, baths, and sale history.
What are the property facts for 189 Leatherwood Rd?
189 Leatherwood Rd is a 3 bed, 3 bath, 1,711 sqft, 3,485 sqft lot single_family.
Is 189 Leatherwood Rd a flip candidate?
No — 189 Leatherwood Rd does not appear in our flips dataset.
Is 189 Leatherwood Rd a tax-appeal candidate?
No — 189 Leatherwood 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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