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201 River Road 1

Banner Elk, NC 28604

5 bd 4 ba 3,199 sqft Built 2000 Lot 9,583 sqft single_family
Most recent sale
$501,010
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $501,010 MLS #237497
Jun 17, 2022 Listed $497,500 MLS #237497
May 6, 2019 Sold $270,000 MLS #207398
Feb 6, 2019 Price changed $299,000 MLS #207398
Sep 4, 2018 Price changed $325,000 MLS #207398
May 8, 2018 Listed $329,000 MLS #207398

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $488,000 $20,600 $508,600 $1,986
2023 $477,200 $20,600 $497,800 $1,934
2022 $477,200 $20,600 $497,800 $1,911
2020 $311,000 $18,800 $329,800 $1,574
2019 $311,000 $18,800 $329,800 $1,574
2018 $311,000 $18,800 $329,800 $1,409
2017 $311,000 $18,800 $329,800 $1,409
2016 $311,000 $18,800 $329,800 $1,277
2015 $311,000 $18,800 $329,800 $1,277
2014 $311,000 $18,800 $329,800 $1,277
2013 $299,000 $15,000 $314,000 $1,227
2010 $299,000 $15,000 $314,000 $1,227
2008 $299,000 $15,000 $314,000 $1,227

Property facts

Year built
2000
Property type
single_family
Stories
Beds
5
Baths
4
Living area
3,199 sqft
Lot size
9,583 sqft
ZIP code
28604
City
Banner Elk
Street
River Road 1
Coordinates
36.15510, -81.77775

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,319
Gross rental yield
10.34%
Implied cap rate
6.72%
Trend-extrapolated value

Frequently asked questions

When did 201 River Road 1 last sell?
201 River Road 1 most recently sold on Aug 19, 2022 for $501,010.
What is the current tax assessment for 201 River Road 1?
The most recent total assessment for 201 River Road 1 (year 2025) is $508,600 with $1,986 in property tax.
How does 201 River Road 1's assessment compare to its last sale price?
The current assessment is 1.5% above the last sale price of $501,010.
When was 201 River Road 1 built?
201 River Road 1 was built in 2000.
How does 201 River Road 1 compare to others on River Road 1?
We track 8 other properties on River Road 1. Browse the list under "Other properties on River Road 1" to compare beds, baths, and sale history.
What are the property facts for 201 River Road 1?
201 River Road 1 is a 5 bed, 4 bath, 3,199 sqft, 9,583 sqft lot single_family.
Is 201 River Road 1 a flip candidate?
No — 201 River Road 1 does not appear in our flips dataset.
Is 201 River Road 1 a tax-appeal candidate?
No — 201 River Road 1 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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