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635 Raven Ridge Rd

Banner Elk, NC 28604

3 bd 5 ba 4,509 sqft Built 2006 Lot 43,560 sqft single_family
Most recent sale
$1,800,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $1,800,000 MLS #236928
Apr 20, 2022 Listed $1,850,000 MLS #236928
Apr 12, 2019 Sold $1,110,000 MLS #212762
Jan 1, 2019 Listing removed $1,275,000 HighCountry
Aug 29, 2018 Price changed $1,275,000 MLS #204578
Aug 28, 2018 Price changed $1,250,000 MLS #204578
Nov 17, 2017 Listed $1,350,000 MLS #204578

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,099,800 $80,000 $1,179,800 $4,719
2023 $1,099,800 $80,000 $1,179,800 $4,719
2022 $1,099,800 $80,000 $1,179,800 $4,719
2021 $941,000 $100,000 $1,041,000 $5,726
2020 $941,000 $100,000 $1,041,000 $5,725
2019 $941,000 $100,000 $1,041,000 $5,725
2018 $941,000 $100,000 $1,041,000 $5,725
2017 $970,800 $100,000 $1,070,800 $5,889
2016 $970,800 $100,000 $1,070,800 $4,788
2015 $970,800 $100,000 $1,070,800 $4,788
2014 $970,800 $100,000 $1,070,800 $5,578
2013 $1,469,300 $5,950
2012 $1,469,300 $5,950

Property facts

Year built
2006
Property type
single_family
Stories
Beds
3
Baths
5
Living area
4,509 sqft
Lot size
43,560 sqft
ZIP code
28604
City
Banner Elk
Street
Raven Ridge Rd
Coordinates
36.14869, -81.89559

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,087
Gross rental yield
4.06%
Implied cap rate
2.64%
Trend-extrapolated value

Frequently asked questions

When did 635 Raven Ridge Rd last sell?
635 Raven Ridge Rd most recently sold on May 24, 2022 for $1,800,000.
What is the current tax assessment for 635 Raven Ridge Rd?
The most recent total assessment for 635 Raven Ridge Rd (year 2025) is $1,179,800 with $4,719 in property tax.
How does 635 Raven Ridge Rd's assessment compare to its last sale price?
The current assessment is 34.5% below the last sale price of $1,800,000.
When was 635 Raven Ridge Rd built?
635 Raven Ridge Rd was built in 2006.
How does 635 Raven Ridge Rd compare to others on Raven Ridge Rd?
We track 8 other properties on Raven Ridge Rd. Browse the list under "Other properties on Raven Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 635 Raven Ridge Rd?
635 Raven Ridge Rd is a 3 bed, 5 bath, 4,509 sqft, 43,560 sqft lot single_family.
Is 635 Raven Ridge Rd a flip candidate?
No — 635 Raven Ridge Rd does not appear in our flips dataset.
Is 635 Raven Ridge Rd a tax-appeal candidate?
No — 635 Raven Ridge 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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