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430 Penny Ln

Banner Elk, NC 28604

3 bd 3 ba 1,975 sqft Built 2013 condos
Most recent sale
$625,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2025 Sold $645,000 HighCountry
Jan 8, 2025 Listed $699,000 HighCountry
Nov 23, 2024 Price changed $729,000 CanopyMLS
Aug 30, 2024 Listed $739,000 CanopyMLS
Jul 19, 2022 Sold $625,000 MLS #237722
Jun 1, 2022 Listed $595,000 MLS #237722

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $519,300 $519,300 $4,465
2023 $519,300 $519,300 $4,465
2022 $519,300 $519,300 $2,077
2021 $328,500 $45,000 $373,500 $2,054
2020 $328,500 $45,000 $373,500 $4,146
2019 $328,500 $45,000 $373,500 $4,146
2018 $328,500 $45,000 $373,500 $4,109
2017 $273,000 $50,000 $323,000 $3,650
2016 $273,000 $50,000 $323,000 $1,444
2015 $273,000 $50,000 $323,000 $1,444
2014 $273,000 $50,000 $323,000 $1,683

Property facts

Year built
2013
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,975 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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,666
Gross rental yield
5.12%
Implied cap rate
3.33%
Trend-extrapolated value

Frequently asked questions

When did 430 Penny Ln last sell?
430 Penny Ln most recently sold on Jul 19, 2022 for $625,000.
What is the current tax assessment for 430 Penny Ln?
The most recent total assessment for 430 Penny Ln (year 2025) is $519,300 with $4,465 in property tax.
How does 430 Penny Ln's assessment compare to its last sale price?
The current assessment is 16.9% below the last sale price of $625,000.
When was 430 Penny Ln built?
430 Penny Ln was built in 2013.
How does 430 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 430 Penny Ln?
430 Penny Ln is a 3 bed, 3 bath, 1,975 sqft condos.
Is 430 Penny Ln a flip candidate?
No — 430 Penny Ln does not appear in our flips dataset.
Is 430 Penny Ln a tax-appeal candidate?
No — 430 Penny Ln 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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