325 Penny Ln
Banner Elk, NC 28604
3 bd 3 ba 2,264 sqft Built 2012 condos
Most recent sale
$585,000
Feb 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 7, 2022 | Sold | $585,000 | MLS #230899 |
| May 24, 2017 | Sold | $475,000 | MLS #39206102 |
| Jan 16, 2017 | Listed | $469,000 | MLS #39206102 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $585,100 | — | $585,100 | $5,031 |
| 2023 | $585,100 | — | $585,100 | $5,031 |
| 2022 | $585,100 | — | $585,100 | $2,340 |
| 2020 | $364,900 | $45,000 | $409,900 | $4,549 |
| 2019 | $364,900 | $45,000 | $409,900 | $4,549 |
| 2018 | $364,900 | $45,000 | $409,900 | $4,508 |
| 2017 | $305,200 | $50,000 | $355,200 | $4,013 |
| 2016 | $305,200 | $50,000 | $355,200 | $1,588 |
| 2015 | $305,200 | $50,000 | $355,200 | $1,588 |
| 2014 | $305,200 | $50,000 | $355,200 | $1,850 |
| 2013 | — | — | $221,000 | $895 |
Property facts
Year built
2012
Property type
condos
Stories
—
Beds
3
Baths
3
Living area
2,264 sqft
Lot size
—
ZIP code
28604
City
Banner Elk
Street
Penny Ln
Coordinates
36.17078, -81.87818
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,056
Gross rental yield
6.27%
Implied cap rate
4.07%
Trend-extrapolated value
—
Frequently asked questions
When did 325 Penny Ln last sell?
325 Penny Ln most recently sold on Feb 7, 2022 for $585,000.
What is the current tax assessment for 325 Penny Ln?
The most recent total assessment for 325 Penny Ln (year 2025) is $585,100 with $5,031 in property tax.
How does 325 Penny Ln's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $585,000.
When was 325 Penny Ln built?
325 Penny Ln was built in 2012.
How does 325 Penny Ln compare to others on Penny Ln?
We track 8 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 325 Penny Ln?
325 Penny Ln is a 3 bed, 3 bath, 2,264 sqft condos.
Is 325 Penny Ln a flip candidate?
No — 325 Penny Ln does not appear in our flips dataset.
Is 325 Penny Ln a tax-appeal candidate?
No — 325 Penny Ln 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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Geography
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