391 Old Shulls Farm Rd
Banner Elk, NC 28604
5 bd 4 ba 3,884 sqft Built 1990 Lot 180,338 sqft single_family
Most recent sale
$1,115,000
Dec 30, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 30, 2021 | Sold | $1,115,000 | MLS #229594 |
| Sep 28, 2021 | Price changed | $1,234,000 | MLS #229594 |
| Aug 1, 2021 | Price changed | $1,245,000 | MLS #229594 |
| Apr 13, 2021 | Listed | $1,275,000 | MLS #229594 |
| Dec 16, 2016 | Listing removed | $794,300 | HighCountry |
| Nov 3, 2016 | Price changed | $794,300 | MLS #193071 |
| Oct 15, 2016 | Price changed | $794,400 | MLS #193071 |
| Sep 2, 2016 | Price changed | $794,500 | MLS #193071 |
| Aug 1, 2016 | Price changed | $794,600 | MLS #193071 |
| Jul 6, 2016 | Price changed | $794,700 | MLS #193071 |
| Jun 1, 2016 | Price changed | $794,800 | MLS #193071 |
| May 2, 2016 | Price changed | $794,900 | MLS #193071 |
| Oct 21, 2015 | Relisted | $795,000 | MLS #193071 |
| Oct 15, 2015 | Listing removed | $795,000 | HighCountry |
| Jul 21, 2015 | Listing removed | $724,000 | HighCountry |
| Jun 3, 2015 | Price changed | $724,000 | MLS #189744 |
| May 7, 2015 | Price changed | $724,500 | MLS #189744 |
| Apr 17, 2015 | Price changed | $725,000 | MLS #189744 |
| Apr 9, 2015 | Price changed | $700,000 | MLS #189744 |
| Apr 2, 2015 | Price changed | $749,000 | MLS #189744 |
| Mar 13, 2015 | Price changed | $749,500 | MLS #189744 |
| Feb 23, 2015 | Listed | $750,000 | MLS #189744 |
| Feb 16, 2015 | Listed | $795,000 | MLS #193071 |
| Nov 16, 2006 | Sold | $692,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $801,600 | $247,800 | $1,049,400 | $3,976 |
| 2024 | $801,600 | $247,800 | $1,049,400 | $3,964 |
| 2023 | $796,100 | $247,800 | $1,043,900 | $3,944 |
| 2022 | $796,100 | $247,800 | $1,043,900 | $3,921 |
| 2021 | $400,800 | $150,200 | $551,000 | $2,576 |
| 2020 | $400,800 | $150,200 | $551,000 | $2,576 |
| 2019 | $400,800 | $150,200 | $551,000 | $2,576 |
| 2018 | $400,800 | $150,200 | $551,000 | $2,301 |
| 2017 | $400,800 | $150,200 | $551,000 | $2,301 |
| 2016 | $400,800 | $150,200 | $551,000 | $2,080 |
| 2015 | $400,800 | $150,200 | $551,000 | $2,080 |
| 2014 | $400,800 | $150,200 | $551,000 | $2,080 |
| 2013 | $439,600 | $150,200 | $589,800 | $2,228 |
| 2010 | $439,600 | $150,200 | $589,800 | $2,228 |
| 2008 | $439,600 | $150,200 | $589,800 | $2,228 |
Property facts
Year built
1990
Property type
single_family
Stories
—
Beds
5
Baths
4
Living area
3,884 sqft
Lot size
180,338 sqft
ZIP code
28604
City
Banner Elk
Street
Old Shulls Farm Rd
Coordinates
36.19843, -81.76134
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,243
Gross rental yield
5.64%
Implied cap rate
3.67%
Trend-extrapolated value
—
Frequently asked questions
When did 391 Old Shulls Farm Rd last sell?
391 Old Shulls Farm Rd most recently sold on Dec 30, 2021 for $1,115,000.
What is the current tax assessment for 391 Old Shulls Farm Rd?
The most recent total assessment for 391 Old Shulls Farm Rd (year 2025) is $1,049,400 with $3,976 in property tax.
How does 391 Old Shulls Farm Rd's assessment compare to its last sale price?
The current assessment is 5.9% below the last sale price of $1,115,000.
When was 391 Old Shulls Farm Rd built?
391 Old Shulls Farm Rd was built in 1990.
How does 391 Old Shulls Farm Rd compare to others on Old Shulls Farm Rd?
We track 8 other properties on Old Shulls Farm Rd. Browse the list under "Other properties on Old Shulls Farm Rd" to compare beds, baths, and sale history.
What are the property facts for 391 Old Shulls Farm Rd?
391 Old Shulls Farm Rd is a 5 bed, 4 bath, 3,884 sqft, 180,338 sqft lot single_family.
Is 391 Old Shulls Farm Rd a flip candidate?
No — 391 Old Shulls Farm Rd does not appear in our flips dataset.
Is 391 Old Shulls Farm Rd a tax-appeal candidate?
No — 391 Old Shulls Farm Rd 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
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