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196 Banner Elk Rd

Benson, NC 27504

3 bd 3 ba 2,093 sqft Built 2022 Lot 30,492 sqft single_family
Most recent sale
$325,000
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2023 Sold $348,500 DoorifyMLS
May 5, 2022 Sold $325,000 MLS #2422306
Dec 8, 2021 Listed $320,000 MLS #2422306
May 10, 2021 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $314,760 $55,440 $370,200 $2,350
2023 $205,050 $26,330 $231,380 $1,874
2022 $62,500 $26,330 $88,830 $755
2021 $45,100 $45,100 $383
2020 $45,100 $45,100 $387
2019 $45,100 $45,100 $387
2018 $35,610 $35,610 $313
2017 $35,610 $35,610 $313
2016 $35,610 $35,610 $309
2015 $35,610 $35,610 $309
2014 $35,610 $35,610 $309
2011 $35,610 $35,610 $309
2009 $31,650 $31,650 $275
2008 $31,650 $31,650 $275

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,093 sqft
Lot size
30,492 sqft
ZIP code
27504
City
Benson
Street
Banner Elk Rd
Coordinates
35.40744, -78.56160

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,826
Gross rental yield
10.43%
Implied cap rate
6.78%
Trend-extrapolated value

Frequently asked questions

When did 196 Banner Elk Rd last sell?
196 Banner Elk Rd most recently sold on May 5, 2022 for $325,000.
What is the current tax assessment for 196 Banner Elk Rd?
The most recent total assessment for 196 Banner Elk Rd (year 2025) is $370,200 with $2,350 in property tax.
How does 196 Banner Elk Rd's assessment compare to its last sale price?
The current assessment is 13.9% above the last sale price of $325,000.
When was 196 Banner Elk Rd built?
196 Banner Elk Rd was built in 2022.
How does 196 Banner Elk Rd compare to others on Banner Elk Rd?
We track 8 other properties on Banner Elk Rd. Browse the list under "Other properties on Banner Elk Rd" to compare beds, baths, and sale history.
What are the property facts for 196 Banner Elk Rd?
196 Banner Elk Rd is a 3 bed, 3 bath, 2,093 sqft, 30,492 sqft lot single_family.
Is 196 Banner Elk Rd a flip candidate?
Yes — 196 Banner Elk Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 196 Banner Elk Rd a tax-appeal candidate?
No — 196 Banner Elk Rd 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
+1.6%
Implied 1-yr
+6.5%
2026 Q3
$388.6K
2026 Q4
$394.4K
ZIP 27504 — Median Price History + Forecast

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