5484 NC Highway 194
Banner Elk, NC 28604
2 bd 1 ba 1,078 sqft Built 1968 Lot 87,991 sqft single_family
Most recent sale
$295,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2024 | Sold | $375,000 | HighCountry |
| Jun 6, 2024 | Listed | $375,000 | HighCountry |
| Aug 12, 2022 | Sold | $295,000 | MLS #238474 |
| Jun 29, 2022 | Listed | $285,000 | MLS #238474 |
| Aug 27, 2019 | Price changed | $316,000 | MLS #211593 |
| Mar 5, 2019 | Price changed | $378,000 | MLS #211593 |
| Dec 3, 2018 | Listed | $390,000 | MLS #211593 |
| Oct 3, 2018 | Listed | $392,000 | MLS #210771 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $104,000 | $61,800 | $165,800 | $725 |
| 2024 | $104,000 | $61,800 | $165,800 | $710 |
| 2023 | $104,000 | $61,200 | $165,200 | $710 |
| 2022 | $98,700 | $61,200 | $159,900 | $668 |
| 2019 | $56,900 | $47,100 | $104,000 | $551 |
| 2018 | $56,900 | $47,100 | $104,000 | $499 |
| 2017 | $56,900 | $47,100 | $104,000 | $499 |
| 2016 | $56,900 | $47,100 | $104,000 | $458 |
| 2015 | $56,900 | $47,100 | $104,000 | $458 |
| 2014 | $56,900 | $47,100 | $104,000 | $458 |
| 2013 | $51,400 | $39,000 | $90,400 | $415 |
| 2010 | $51,400 | $39,000 | $90,400 | $415 |
| 2008 | $51,400 | $39,000 | $90,400 | $415 |
Property facts
Year built
1968
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,078 sqft
Lot size
87,991 sqft
ZIP code
28604
City
Banner Elk
Street
NC Highway 194
Coordinates
36.19448, -81.79639
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,455
Gross rental yield
5.92%
Implied cap rate
3.85%
Trend-extrapolated value
—
Frequently asked questions
When did 5484 NC Highway 194 last sell?
5484 NC Highway 194 most recently sold on Aug 12, 2022 for $295,000.
What is the current tax assessment for 5484 NC Highway 194?
The most recent total assessment for 5484 NC Highway 194 (year 2025) is $165,800 with $725 in property tax.
How does 5484 NC Highway 194's assessment compare to its last sale price?
The current assessment is 43.8% below the last sale price of $295,000.
When was 5484 NC Highway 194 built?
5484 NC Highway 194 was built in 1968.
How does 5484 NC Highway 194 compare to others on NC Highway 194?
We track 8 other properties on NC Highway 194. Browse the list under "Other properties on NC Highway 194" to compare beds, baths, and sale history.
What are the property facts for 5484 NC Highway 194?
5484 NC Highway 194 is a 2 bed, 1 bath, 1,078 sqft, 87,991 sqft lot single_family.
Is 5484 NC Highway 194 a flip candidate?
Yes — 5484 NC Highway 194 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5484 NC Highway 194 a tax-appeal candidate?
No — 5484 NC Highway 194 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
Explore nearby
Geography
Other properties on NC Highway 194