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351 Silver Springs Dr

Banner Elk, NC 28604

2 bd 3 ba 1,883 sqft Built 2006 Lot 14,810 sqft townhomes
Most recent sale
$580,000
Jan 31, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2024 Sold $580,000 HighCountry
Nov 27, 2023 Listed $605,000 HighCountry

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
2006
Property type
townhomes
Stories
—
Beds
2
Baths
3
Living area
1,883 sqft
Lot size
14,810 sqft
ZIP code
28604
City
Banner Elk
Street
Silver Springs Dr
Coordinates
36.16356, -81.88662

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months
351 Silver Springs Dr
2bd 1,828sqft
No recent sale on file
351 Silver Springs Dr
2bd 1,828sqft
No recent sale on file

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,542
@ $1.35/sqft state avg
Gross rental yield
5.26%
annual rent / last sale
Implied cap rate
3.42%
net of est. 35% expenses
Trend-extrapolated value
—
if ZIP trend held since sale

Frequently asked questions

When did 351 Silver Springs Dr last sell?
351 Silver Springs Dr most recently sold on Jan 31, 2024 for $580,000.
What is the current tax assessment for 351 Silver Springs Dr?
No tax-assessment history is recorded for this parcel.
When was 351 Silver Springs Dr built?
351 Silver Springs Dr was built in 2006.
How does 351 Silver Springs Dr compare to others on Silver Springs Dr?
We track 8 other properties on Silver Springs Dr. Browse the list under "Other properties on Silver Springs Dr" to compare beds, baths, and sale history.
What are the property facts for 351 Silver Springs Dr?
351 Silver Springs Dr is a 2 bed, 3 bath, 1,883 sqft, 14,810 sqft lot townhomes.
Is 351 Silver Springs Dr a flip candidate?
No — 351 Silver Springs Dr does not appear in our flips dataset.
Is 351 Silver Springs Dr a tax-appeal candidate?
No — 351 Silver Springs Dr 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%
avg per quarter
Implied 1-yr
-3.0%
if trend continues
2026 Q3
$471.6K
range $353.5K – $589.7K
2026 Q4
$467.9K
range $349.8K – $585.9K
ZIP 28604 — Median Price History + Forecast
Linear regression on last 12 quarters of weighted-median sale price. Confidence band ±$118.1K. This is a ZIP-area forecast used as a neighborhood proxy — not a per-property automated valuation.

Explore nearby

Geography
Other properties on Silver Springs Dr