225 Summit Trl
Banner Elk, NC 28604
5 bd 4 ba 3,600 sqft Built 1980 Lot 261,360 sqft single_family
Most recent sale
$730,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $730,000 | MLS #238008 |
| Jun 17, 2022 | Price changed | $789,000 | MLS #238008 |
| Jun 8, 2022 | Listed | $899,000 | MLS #238008 |
| Sep 30, 2016 | Sold | $300,000 | Public Record |
| May 29, 2016 | Listed | $309,000 | MLS #39202315 |
| Oct 20, 2015 | Relisted | $299,000 | MLS #192121 |
| Aug 6, 2015 | Price changed | $299,000 | MLS #192121 |
| Jun 5, 2015 | Listed | $329,000 | MLS #192121 |
| Jan 16, 2015 | Listed | $359,000 | MLS #189215 |
| Oct 24, 2014 | Price changed | $359,900 | MLS #185780 |
| Jul 22, 2014 | Price changed | $379,000 | MLS #185780 |
| Jun 15, 2014 | Listed | $399,000 | MLS #185780 |
| Feb 4, 2014 | Listed | $399,000 | MLS #183050 |
| Feb 16, 2012 | Listed | $389,000 | MLS #170873 |
| Oct 10, 2008 | Sold | $299,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $320,800 | $90,000 | $410,800 | $1,643 |
| 2023 | $279,600 | $90,000 | $369,600 | $1,478 |
| 2022 | $279,600 | $90,000 | $369,600 | $1,478 |
| 2021 | $227,500 | $90,000 | $317,500 | $1,746 |
| 2020 | $227,500 | $90,000 | $317,500 | $1,746 |
| 2019 | $227,500 | $90,000 | $317,500 | $1,746 |
| 2018 | $227,500 | $90,000 | $317,500 | $1,746 |
| 2017 | $220,000 | $75,000 | $295,000 | $1,623 |
| 2016 | $220,000 | $75,000 | $295,000 | $1,319 |
| 2015 | $220,000 | $75,000 | $295,000 | $1,319 |
| 2014 | $220,000 | $75,000 | $295,000 | $1,537 |
| 2013 | — | — | $370,700 | $1,501 |
| 2012 | — | — | $370,700 | $1,153 |
| 2011 | — | — | $284,600 | $1,053 |
Property facts
Year built
1980
Property type
single_family
Stories
—
Beds
5
Baths
4
Living area
3,600 sqft
Lot size
261,360 sqft
ZIP code
28604
City
Banner Elk
Street
Summit Trl
Coordinates
36.12720, -81.89913
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,860
Gross rental yield
7.99%
Implied cap rate
5.19%
Trend-extrapolated value
—
Frequently asked questions
When did 225 Summit Trl last sell?
225 Summit Trl most recently sold on Sep 9, 2022 for $730,000.
What is the current tax assessment for 225 Summit Trl?
The most recent total assessment for 225 Summit Trl (year 2025) is $410,800 with $1,643 in property tax.
How does 225 Summit Trl's assessment compare to its last sale price?
The current assessment is 43.7% below the last sale price of $730,000.
When was 225 Summit Trl built?
225 Summit Trl was built in 1980.
How does 225 Summit Trl compare to others on Summit Trl?
We track 8 other properties on Summit Trl. Browse the list under "Other properties on Summit Trl" to compare beds, baths, and sale history.
What are the property facts for 225 Summit Trl?
225 Summit Trl is a 5 bed, 4 bath, 3,600 sqft, 261,360 sqft lot single_family.
Is 225 Summit Trl a flip candidate?
No — 225 Summit Trl does not appear in our flips dataset.
Is 225 Summit Trl a tax-appeal candidate?
No — 225 Summit Trl 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 Summit Trl