223 Red Bank Rd
Banner Elk, NC 28604
3 bd 3 ba 3,290 sqft Built 2002 Lot 95,832 sqft single_family
Most recent sale
$860,000
Jan 2, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 2, 2024 | Sold | $860,000 | HighCountry |
| Nov 19, 2023 | Listed | $847,500 | HighCountry |
| Aug 18, 2017 | Sold | $450,000 | HighCountry |
| Jun 13, 2017 | Listed | $468,000 | HighCountry |
| Jun 13, 2005 | Sold | $465,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $647,800 | $35,800 | $683,600 | $2,630 |
| 2024 | $647,800 | $35,800 | $683,600 | $2,618 |
| 2023 | $647,800 | $35,800 | $683,600 | $2,618 |
| 2022 | $647,800 | $35,800 | $683,600 | $2,595 |
| 2021 | $433,600 | $34,100 | $467,700 | $2,198 |
| 2020 | $433,600 | $34,100 | $467,700 | $2,198 |
| 2019 | $433,600 | $34,100 | $467,700 | $2,198 |
| 2018 | $433,600 | $34,100 | $467,700 | $1,964 |
| 2017 | $433,600 | $34,100 | $467,700 | $1,964 |
| 2016 | $290,300 | $34,100 | $324,400 | $1,257 |
| 2015 | $290,300 | $34,100 | $324,400 | $1,257 |
| 2014 | $290,300 | $34,100 | $324,400 | $1,257 |
| 2013 | $274,600 | $35,400 | $310,000 | $1,212 |
| 2010 | $274,600 | $35,400 | $310,000 | $1,212 |
| 2008 | $274,600 | $35,400 | $310,000 | $1,212 |
Property facts
Year built
2002
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
3,290 sqft
Lot size
95,832 sqft
ZIP code
28604
City
Banner Elk
Street
Red Bank Rd
Coordinates
36.15287, -81.79104
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,442
Gross rental yield
6.20%
Implied cap rate
4.03%
Trend-extrapolated value
—
Frequently asked questions
When did 223 Red Bank Rd last sell?
223 Red Bank Rd most recently sold on Jan 2, 2024 for $860,000.
What is the current tax assessment for 223 Red Bank Rd?
The most recent total assessment for 223 Red Bank Rd (year 2025) is $683,600 with $2,630 in property tax.
How does 223 Red Bank Rd's assessment compare to its last sale price?
The current assessment is 20.5% below the last sale price of $860,000.
When was 223 Red Bank Rd built?
223 Red Bank Rd was built in 2002.
How does 223 Red Bank Rd compare to others on Red Bank Rd?
We track 1 other property on Red Bank Rd. Browse the list under "Other properties on Red Bank Rd" to compare beds, baths, and sale history.
What are the property facts for 223 Red Bank Rd?
223 Red Bank Rd is a 3 bed, 3 bath, 3,290 sqft, 95,832 sqft lot single_family.
Is 223 Red Bank Rd a flip candidate?
No — 223 Red Bank Rd does not appear in our flips dataset.
Is 223 Red Bank Rd a tax-appeal candidate?
No — 223 Red Bank Rd 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 Red Bank Rd