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491 Old Mountain Rd

Banner Elk, NC 28604

1 bd 1 ba 836 sqft Built 1985 Lot 435,600 sqft single_family
Most recent sale
$450,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $450,000 HighCountry
Mar 6, 2024 Listed $435,000 HighCountry
Nov 8, 2019 Sold $25,000 HighCountry

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $24,400 $24,400 $77
2024 $24,400 $24,400 $89
2023 $24,400 $24,400 $89
2022 $24,400 $24,400 $89
2021 $24,400 $24,400 $110
2020 $24,400 $24,400 $110
2019 $24,400 $24,400 $110
2018 $24,400 $24,400 $98
2017 $24,400 $24,400 $98
2016 $24,400 $24,400 $88
2015 $24,400 $24,400 $88

Property facts

Year built
1985
Property type
single_family
Stories
Beds
1
Baths
1
Living area
836 sqft
Lot size
435,600 sqft
ZIP code
28604
City
Banner Elk
Street
Old Mountain Rd
Coordinates
36.21665, -81.84921

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 491 Old Mountain Rd last sell?
491 Old Mountain Rd most recently sold on Apr 15, 2024 for $450,000.
What is the current tax assessment for 491 Old Mountain Rd?
The most recent total assessment for 491 Old Mountain Rd (year 2025) is $24,400 with $77 in property tax.
How does 491 Old Mountain Rd's assessment compare to its last sale price?
The current assessment is 94.6% below the last sale price of $450,000.
When was 491 Old Mountain Rd built?
491 Old Mountain Rd was built in 1985.
How does 491 Old Mountain Rd compare to others on Old Mountain Rd?
We track 8 other properties on Old Mountain Rd. Browse the list under "Other properties on Old Mountain Rd" to compare beds, baths, and sale history.
What are the property facts for 491 Old Mountain Rd?
491 Old Mountain Rd is a 1 bed, 1 bath, 836 sqft, 435,600 sqft lot single_family.
Is 491 Old Mountain Rd a flip candidate?
No — 491 Old Mountain Rd does not appear in our flips dataset.
Is 491 Old Mountain Rd a tax-appeal candidate?
No — 491 Old Mountain 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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