1062 River Run Rd
Banner Elk, NC 28604
3 bd 2 ba 2,700 sqft Built 1996 Lot 958,320 sqft single_family
Most recent sale
$75,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $75,000 | Public Record |
| Feb 18, 2022 | Sold | $595,000 | MLS #235269 |
| Jan 4, 2022 | Listed | $620,000 | MLS #235108 |
| Sep 28, 2021 | Listed | $620,000 | MLS #233522 |
| Jun 4, 2021 | Price changed | $620,000 | MLS #224973 |
| Jan 18, 2021 | Price changed | $725,000 | MLS #224973 |
| Oct 27, 2020 | Listed | $749,000 | MLS #224973 |
| Aug 30, 2006 | Sold | $500,100 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $333,900 | $131,600 | $465,500 | $1,862 |
| 2023 | $333,900 | $131,600 | $465,500 | $1,822 |
| 2022 | $333,900 | $131,600 | $465,500 | $1,822 |
| 2021 | $230,200 | $123,500 | $353,700 | $1,945 |
| 2020 | $230,200 | $123,500 | $353,700 | $1,945 |
| 2019 | $230,200 | $123,500 | $353,700 | $1,945 |
| 2018 | $230,200 | $123,500 | $353,700 | $1,945 |
| 2017 | $242,400 | $123,500 | $365,900 | $2,012 |
| 2016 | $239,300 | $123,500 | $362,800 | $1,622 |
| 2015 | $239,300 | $123,500 | $362,800 | $1,622 |
| 2014 | $239,300 | $123,500 | $362,800 | $1,890 |
| 2013 | — | — | $507,300 | $2,054 |
| 2012 | — | — | $507,300 | $2,054 |
Property facts
Year built
1996
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,700 sqft
Lot size
958,320 sqft
ZIP code
28604
City
Banner Elk
Street
River Run Rd
Coordinates
36.17079, -81.92370
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1062 River Run Rd last sell?
1062 River Run Rd most recently sold on Jul 22, 2022 for $75,000.
What is the current tax assessment for 1062 River Run Rd?
The most recent total assessment for 1062 River Run Rd (year 2025) is $465,500 with $1,862 in property tax.
How does 1062 River Run Rd's assessment compare to its last sale price?
The current assessment is 520.7% above the last sale price of $75,000.
When was 1062 River Run Rd built?
1062 River Run Rd was built in 1996.
How does 1062 River Run Rd compare to others on River Run Rd?
We track 4 other properties on River Run Rd. Browse the list under "Other properties on River Run Rd" to compare beds, baths, and sale history.
What are the property facts for 1062 River Run Rd?
1062 River Run Rd is a 3 bed, 2 bath, 2,700 sqft, 958,320 sqft lot single_family.
Is 1062 River Run Rd a flip candidate?
No — 1062 River Run Rd does not appear in our flips dataset.
Is 1062 River Run Rd a tax-appeal candidate?
Yes — 1062 River Run Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 Run Rd