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40 Painter Rd

Banner Elk, NC 28604

2 bd 1 ba 491 sqft Built 1909 Lot 41,513 sqft single_family
Most recent sale
$250,000
Dec 22, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 5, 2026 Sold $265,000 HighCountry
Jan 17, 2026 Price changed $272,500 HighCountry
Jan 17, 2026 Listed $272,500 CanopyMLS
Nov 9, 2025 Price changed $289,000 CanopyMLS
Oct 27, 2025 Price changed $289,000 HighCountry
Oct 10, 2025 Listed $299,000 CanopyMLS
Aug 16, 2025 Price changed $299,000 HighCountry
Aug 15, 2025 Price changed $310,000 CanopyMLS
Jul 21, 2025 Price changed $310,000 HighCountry
Jul 9, 2025 Price changed $324,900 CanopyMLS
May 26, 2025 Price changed $339,000 HighCountry
May 16, 2025 Listed $349,000 CanopyMLS
May 15, 2025 Price changed $349,000 HighCountry
Apr 30, 2025 Price changed $359,000 HighCountry
Mar 4, 2025 Price changed $369,000 HighCountry
Feb 19, 2025 Price changed $379,000 HighCountry
Feb 5, 2025 Listed $399,000 HighCountry
Apr 16, 2024 Listed $429,000 HighCountry
Dec 22, 2023 Sold $250,000 HighCountry
Nov 14, 2023 Listed $250,000 HighCountry
May 30, 2018 Sold $135,000 Public Record
Mar 24, 2006 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $63,600 $48,200 $111,800 $447
2023 $63,600 $48,200 $111,800 $447
2022 $63,600 $48,200 $111,800 $447
2021 $30,000 $36,200 $66,200 $364
2020 $30,000 $36,200 $66,200 $364
2019 $30,000 $36,200 $66,200 $364
2018 $30,000 $36,200 $66,200 $1,070
2017 $32,600 $164,600 $197,200 $1,084
2016 $32,600 $164,600 $197,200 $881
2015 $32,600 $164,600 $197,200 $881
2013 $296,400 $1,200

Property facts

Year built
1909
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
491 sqft
Lot size
41,513 sqft
ZIP code
28604
City
Banner Elk
Street
Painter Rd
Coordinates
36.17020, -81.85285

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
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 Painter Rd last sell?
40 Painter Rd most recently sold on Dec 22, 2023 for $250,000.
What is the current tax assessment for 40 Painter Rd?
The most recent total assessment for 40 Painter Rd (year 2025) is $111,800 with $447 in property tax.
How does 40 Painter Rd's assessment compare to its last sale price?
The current assessment is 55.3% below the last sale price of $250,000.
When was 40 Painter Rd built?
40 Painter Rd was built in 1909.
How does 40 Painter Rd compare to others on Painter Rd?
We track 4 other properties on Painter Rd. Browse the list under "Other properties on Painter Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Painter Rd?
40 Painter Rd is a 2 bed, 1 bath, 491 sqft, 41,513 sqft lot single_family.
Is 40 Painter Rd a flip candidate?
No — 40 Painter Rd does not appear in our flips dataset.
Is 40 Painter Rd a tax-appeal candidate?
No — 40 Painter 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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