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115 Old Chestnut Rd

Banner Elk, NC 28604

2 bd 2 ba 1,376 sqft Built 1990 Lot 5,227 sqft single_family
Most recent sale
$415,000
Mar 4, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2024 Sold $415,000 HighCountry
Dec 14, 2023 Price changed $425,000 HighCountry
Nov 21, 2023 Price changed $449,000 HighCountry
Oct 9, 2023 Listed $459,000 HighCountry
Apr 26, 2021 Sold $315,000 HighCountry

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $305,200 $13,800 $319,000 $988
2024 $305,200 $13,800 $319,000 $1,276
2023 $305,200 $13,800 $319,000 $1,276
2022 $305,200 $13,800 $319,000 $1,253
2021 $155,400 $12,500 $167,900 $840
2020 $155,400 $12,500 $167,900 $840
2019 $155,400 $12,500 $167,900 $840
2018 $155,400 $12,500 $167,900 $756
2017 $155,400 $12,500 $167,900 $756
2016 $155,400 $12,500 $167,900 $689
2015 $155,400 $12,500 $167,900 $689
2014 $155,400 $12,500 $167,900 $689
2013 $157,900 $10,000 $167,900 $696
2010 $157,900 $10,000 $167,900 $696

Property facts

Year built
1990
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,376 sqft
Lot size
5,227 sqft
ZIP code
28604
City
Banner Elk
Street
Old Chestnut Rd
Coordinates
36.15200, -81.77630

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,858
Gross rental yield
5.37%
Implied cap rate
3.49%
Trend-extrapolated value

Frequently asked questions

When did 115 Old Chestnut Rd last sell?
115 Old Chestnut Rd most recently sold on Mar 4, 2024 for $415,000.
What is the current tax assessment for 115 Old Chestnut Rd?
The most recent total assessment for 115 Old Chestnut Rd (year 2025) is $319,000 with $988 in property tax.
How does 115 Old Chestnut Rd's assessment compare to its last sale price?
The current assessment is 23.1% below the last sale price of $415,000.
When was 115 Old Chestnut Rd built?
115 Old Chestnut Rd was built in 1990.
How does 115 Old Chestnut Rd compare to others on Old Chestnut Rd?
We track 2 other properties on Old Chestnut Rd. Browse the list under "Other properties on Old Chestnut Rd" to compare beds, baths, and sale history.
What are the property facts for 115 Old Chestnut Rd?
115 Old Chestnut Rd is a 2 bed, 2 bath, 1,376 sqft, 5,227 sqft lot single_family.
Is 115 Old Chestnut Rd a flip candidate?
No — 115 Old Chestnut Rd does not appear in our flips dataset.
Is 115 Old Chestnut Rd a tax-appeal candidate?
No — 115 Old Chestnut 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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