348 River Road 1 Rd
Banner Elk, NC 28604
3 bd 3 ba 981 sqft Built 1972 Lot 4,792 sqft single_family
Most recent sale
$302,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $302,000 | MLS #238806 |
| Jul 16, 2022 | Listed | $319,000 | MLS #238806 |
| Sep 15, 2021 | Sold | $265,000 | Public Record |
| Aug 6, 2020 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2019 | $107,600 | $18,800 | $126,400 | $653 |
| 2018 | $107,600 | $18,800 | $126,400 | $589 |
| 2017 | $107,600 | $18,800 | $126,400 | $589 |
| 2016 | $107,600 | $18,800 | $126,400 | $539 |
| 2015 | $107,600 | $18,800 | $126,400 | $539 |
| 2014 | $107,600 | $18,800 | $126,400 | $539 |
| 2013 | $108,300 | $15,000 | $123,300 | $535 |
| 2010 | $108,300 | $15,000 | $123,300 | $535 |
| 2008 | $108,300 | $15,000 | $123,300 | $535 |
Property facts
Year built
1972
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
981 sqft
Lot size
4,792 sqft
ZIP code
28604
City
Banner Elk
Street
River Road 1 Rd
Coordinates
36.15396, -81.77560
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,324
Gross rental yield
5.26%
Implied cap rate
3.42%
Trend-extrapolated value
—
Frequently asked questions
When did 348 River Road 1 Rd last sell?
348 River Road 1 Rd most recently sold on Sep 23, 2022 for $302,000.
What is the current tax assessment for 348 River Road 1 Rd?
The most recent total assessment for 348 River Road 1 Rd (year 2019) is $126,400 with $653 in property tax.
How does 348 River Road 1 Rd's assessment compare to its last sale price?
The current assessment is 58.1% below the last sale price of $302,000.
When was 348 River Road 1 Rd built?
348 River Road 1 Rd was built in 1972.
How does 348 River Road 1 Rd compare to others on River Road 1 Rd?
We track 1 other property on River Road 1 Rd. Browse the list under "Other properties on River Road 1 Rd" to compare beds, baths, and sale history.
What are the property facts for 348 River Road 1 Rd?
348 River Road 1 Rd is a 3 bed, 3 bath, 981 sqft, 4,792 sqft lot single_family.
Is 348 River Road 1 Rd a flip candidate?
Yes — 348 River Road 1 Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 348 River Road 1 Rd a tax-appeal candidate?
No — 348 River Road 1 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 River Road 1 Rd