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404 Meadow Avenue Loop

Banner Elk, NC 28604

3 bd 3 ba 1,724 sqft Built 1987 Lot 87,120 sqft single_family
Most recent sale
$618,000
Sep 8, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 5, 2024 Sold $625,000 HighCountry
Apr 15, 2024 Listed $649,000 HighCountry
Sep 8, 2023 Sold $618,000 HighCountry
Jul 28, 2023 Price changed $629,950 HighCountry
Sep 21, 2022 Price changed $634,950 MLS #238171
Jun 15, 2022 Listed $639,950 MLS #238171
May 6, 2015 Listing removed $298,000 HighCountry
Aug 20, 2014 Price changed $298,000 MLS #184638
May 6, 2014 Listed $300,000 MLS #184638
Oct 28, 2013 Listing removed $300,000 HighCountry
Jun 5, 2013 Price changed $300,000 MLS #178116
Apr 28, 2013 Listed $319,000 MLS #178116
Nov 5, 2012 Listing removed $319,000 HighCountry
Sep 12, 2012 Price changed $319,000 MLS #172369
May 5, 2012 Listed $329,000 MLS #172369
Sep 2, 2005 Sold $275,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $241,900 $65,300 $307,200 $1,228
2023 $241,900 $65,300 $307,200 $1,228
2022 $241,900 $65,300 $307,200 $1,228
2021 $185,600 $60,000 $245,600 $1,351
2020 $185,600 $60,000 $245,600 $1,351
2019 $185,600 $60,000 $245,600 $1,351
2018 $185,600 $60,000 $245,600 $1,351
2017 $164,800 $55,000 $219,800 $1,209
2016 $164,800 $55,000 $219,800 $983
2015 $164,800 $55,000 $219,800 $983
2014 $164,800 $55,000 $219,800 $1,145
2013 $291,800 $1,182
2012 $291,800 $1,182
2011 $291,800 $1,080

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,724 sqft
Lot size
87,120 sqft
ZIP code
28604
City
Banner Elk
Street
Meadow Avenue Loop
Coordinates
36.11959, -81.90068

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,327
Gross rental yield
4.52%
Implied cap rate
2.94%
Trend-extrapolated value

Frequently asked questions

When did 404 Meadow Avenue Loop last sell?
404 Meadow Avenue Loop most recently sold on Sep 8, 2023 for $618,000.
What is the current tax assessment for 404 Meadow Avenue Loop?
The most recent total assessment for 404 Meadow Avenue Loop (year 2025) is $307,200 with $1,228 in property tax.
How does 404 Meadow Avenue Loop's assessment compare to its last sale price?
The current assessment is 50.3% below the last sale price of $618,000.
When was 404 Meadow Avenue Loop built?
404 Meadow Avenue Loop was built in 1987.
How does 404 Meadow Avenue Loop compare to others on Meadow Avenue Loop?
We track 8 other properties on Meadow Avenue Loop. Browse the list under "Other properties on Meadow Avenue Loop" to compare beds, baths, and sale history.
What are the property facts for 404 Meadow Avenue Loop?
404 Meadow Avenue Loop is a 3 bed, 3 bath, 1,724 sqft, 87,120 sqft lot single_family.
Is 404 Meadow Avenue Loop a flip candidate?
No — 404 Meadow Avenue Loop does not appear in our flips dataset.
Is 404 Meadow Avenue Loop a tax-appeal candidate?
No — 404 Meadow Avenue Loop 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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