552 Penny Ln
Banner Elk, NC 28604
2 bd 2 ba 1,583 sqft Built 2016 condos
Most recent sale
$542,500
Nov 20, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 20, 2023 | Sold | $542,500 | HighCountry |
| Jul 24, 2023 | Listed | $569,500 | HighCountry |
| Apr 10, 2018 | Sold | $358,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $446,700 | — | $446,700 | $3,841 |
| 2023 | $446,700 | — | $446,700 | $3,841 |
| 2022 | $446,700 | — | $446,700 | $1,786 |
| 2021 | $294,100 | $45,000 | $339,100 | $1,865 |
| 2020 | $294,100 | $45,000 | $339,100 | $3,764 |
| 2019 | $294,100 | $45,000 | $339,100 | $3,764 |
| 2018 | $268,600 | $45,000 | $313,600 | $3,449 |
Property facts
Year built
2016
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,583 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
$2,137
Gross rental yield
4.73%
Implied cap rate
3.07%
Trend-extrapolated value
—
Frequently asked questions
When did 552 Penny Ln last sell?
552 Penny Ln most recently sold on Nov 20, 2023 for $542,500.
What is the current tax assessment for 552 Penny Ln?
The most recent total assessment for 552 Penny Ln (year 2025) is $446,700 with $3,841 in property tax.
How does 552 Penny Ln's assessment compare to its last sale price?
The current assessment is 17.7% below the last sale price of $542,500.
When was 552 Penny Ln built?
552 Penny Ln was built in 2016.
How does 552 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 552 Penny Ln?
552 Penny Ln is a 2 bed, 2 bath, 1,583 sqft condos.
Is 552 Penny Ln a flip candidate?
No — 552 Penny Ln does not appear in our flips dataset.
Is 552 Penny Ln a tax-appeal candidate?
No — 552 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
Explore nearby
Geography
Other properties on Penny Ln