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118 Summit Ledges Ln

Banner Elk, NC 28604

4 bd 5 ba 3,610 sqft Built 1985 Lot 61,420 sqft single_family
Most recent sale
$400,000
Dec 17, 2018

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2023 Price changed $1,599,900 CanopyMLS
Jul 7, 2023 Listed $1,629,900 HighCountry
Jul 3, 2023 Listed $1,629,900 CanopyMLS
Dec 17, 2018 Sold $400,000 HighCountry
Sep 20, 2018 Listed $849,500 HighCountry

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $994,900 $275,000 $1,269,900 $5,079
2023 $994,900 $275,000 $1,269,900 $5,079
2022 $994,900 $275,000 $1,269,900 $4,042
2021 $455,400 $300,000 $755,400 $4,154
2020 $455,400 $300,000 $755,400 $4,154
2019 $455,400 $300,000 $755,400 $4,154
2018 $455,400 $300,000 $755,400 $4,154
2017 $608,600 $300,000 $908,600 $4,997
2016 $608,600 $300,000 $908,600 $4,063
2015 $608,600 $300,000 $908,600 $4,063
2014 $608,600 $300,000 $908,600 $4,733
2013 $1,176,700 $4,765
2012 $1,176,700 $4,765
2011 $1,176,700 $4,353

Property facts

Year built
1985
Property type
single_family
Stories
Beds
4
Baths
5
Living area
3,610 sqft
Lot size
61,420 sqft
ZIP code
28604
City
Banner Elk
Street
Summit Ledges Ln
Coordinates
36.14545, -81.90883

Comparable properties nearby

Frequently asked questions

When did 118 Summit Ledges Ln last sell?
118 Summit Ledges Ln most recently sold on Dec 17, 2018 for $400,000.
What is the current tax assessment for 118 Summit Ledges Ln?
The most recent total assessment for 118 Summit Ledges Ln (year 2025) is $1,269,900 with $5,079 in property tax.
How does 118 Summit Ledges Ln's assessment compare to its last sale price?
The current assessment is 217.5% above the last sale price of $400,000.
When was 118 Summit Ledges Ln built?
118 Summit Ledges Ln was built in 1985.
How does 118 Summit Ledges Ln compare to others on Summit Ledges Ln?
We track 7 other properties on Summit Ledges Ln. Browse the list under "Other properties on Summit Ledges Ln" to compare beds, baths, and sale history.
What are the property facts for 118 Summit Ledges Ln?
118 Summit Ledges Ln is a 4 bed, 5 bath, 3,610 sqft, 61,420 sqft lot single_family.
Is 118 Summit Ledges Ln a flip candidate?
No — 118 Summit Ledges Ln does not appear in our flips dataset.
Is 118 Summit Ledges Ln a tax-appeal candidate?
No — 118 Summit Ledges Ln 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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