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316 Old Turnpike Rd

Banner Elk, NC 28604

3 bd 2 ba 1,225 sqft Built 1967 Lot 60,984 sqft single_family
Most recent sale
$395,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $395,000 MLS #235627
Mar 4, 2022 Listed $375,000 MLS #235627
Aug 31, 2018 Sold $169,500 MLS #208559
Jun 29, 2018 Listed $175,000 MLS #208559

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $126,300 $69,500 $195,800 $1,683
2023 $126,300 $69,500 $195,800 $1,683
2022 $126,300 $69,500 $195,800 $783
2021 $51,700 $36,100 $87,800 $483
2020 $51,700 $36,100 $87,800 $974
2019 $51,700 $36,100 $87,800 $974
2018 $50,800 $36,100 $86,900 $747
2017 $55,900 $61,700 $117,600 $1,037
2016 $55,900 $61,700 $117,600 $289
2015 $55,900 $61,700 $117,600 $289
2014 $55,900 $61,700 $117,600 $336
2013 $141,400 $572
2012 $141,400 $572

Property facts

Year built
1967
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,225 sqft
Lot size
60,984 sqft
ZIP code
28604
City
Banner Elk
Street
Old Turnpike Rd
Coordinates
36.16290, -81.88200

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
$1,654
Gross rental yield
5.02%
Implied cap rate
3.27%
Trend-extrapolated value

Frequently asked questions

When did 316 Old Turnpike Rd last sell?
316 Old Turnpike Rd most recently sold on Apr 8, 2022 for $395,000.
What is the current tax assessment for 316 Old Turnpike Rd?
The most recent total assessment for 316 Old Turnpike Rd (year 2025) is $195,800 with $1,683 in property tax.
How does 316 Old Turnpike Rd's assessment compare to its last sale price?
The current assessment is 50.4% below the last sale price of $395,000.
When was 316 Old Turnpike Rd built?
316 Old Turnpike Rd was built in 1967.
How does 316 Old Turnpike Rd compare to others on Old Turnpike Rd?
We track 8 other properties on Old Turnpike Rd. Browse the list under "Other properties on Old Turnpike Rd" to compare beds, baths, and sale history.
What are the property facts for 316 Old Turnpike Rd?
316 Old Turnpike Rd is a 3 bed, 2 bath, 1,225 sqft, 60,984 sqft lot single_family.
Is 316 Old Turnpike Rd a flip candidate?
No — 316 Old Turnpike Rd does not appear in our flips dataset.
Is 316 Old Turnpike Rd a tax-appeal candidate?
No — 316 Old Turnpike 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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