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138 Walnut Way

Banner Elk, NC 28604

3 bd 3 ba 2,580 sqft Built 1996 Lot 29,621 sqft single_family
Most recent sale
$785,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $785,000 MLS #237926
Jun 4, 2022 Listed $775,000 MLS #237926
Oct 25, 2019 Sold $355,000 MLS #209523
Mar 21, 2019 Price changed $399,000 MLS #209523
Oct 23, 2018 Price changed $419,000 MLS #209523
Aug 3, 2018 Listed $429,000 MLS #209523
Jun 15, 2017 Listed $449,000 MLS #201792

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $417,800 $55,000 $472,800 $4,066
2023 $417,800 $55,000 $472,800 $4,066
2022 $417,800 $55,000 $472,800 $1,891
2021 $296,100 $55,000 $351,100 $1,931
2020 $296,100 $55,000 $351,100 $3,897
2019 $296,100 $55,000 $351,100 $3,897
2018 $296,100 $55,000 $351,100 $3,862
2017 $311,700 $55,000 $366,700 $4,144
2016 $311,700 $55,000 $366,700 $1,640
2015 $311,700 $55,000 $366,700 $1,640
2014 $311,700 $55,000 $366,700 $1,911
2013 $479,500 $1,942
2012 $479,500 $1,942
2011 $479,500 $1,774

Property facts

Year built
1996
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,580 sqft
Lot size
29,621 sqft
ZIP code
28604
City
Banner Elk
Street
Walnut Way
Coordinates
36.16209, -81.86359

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,483
Gross rental yield
5.32%
Implied cap rate
3.46%
Trend-extrapolated value

Frequently asked questions

When did 138 Walnut Way last sell?
138 Walnut Way most recently sold on Jul 12, 2022 for $785,000.
What is the current tax assessment for 138 Walnut Way?
The most recent total assessment for 138 Walnut Way (year 2025) is $472,800 with $4,066 in property tax.
How does 138 Walnut Way's assessment compare to its last sale price?
The current assessment is 39.8% below the last sale price of $785,000.
When was 138 Walnut Way built?
138 Walnut Way was built in 1996.
How does 138 Walnut Way compare to others on Walnut Way?
We do not currently track other properties on Walnut Way.
What are the property facts for 138 Walnut Way?
138 Walnut Way is a 3 bed, 3 bath, 2,580 sqft, 29,621 sqft lot single_family.
Is 138 Walnut Way a flip candidate?
No — 138 Walnut Way does not appear in our flips dataset.
Is 138 Walnut Way a tax-appeal candidate?
No — 138 Walnut Way 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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