NOT LISTED FOR SALE

350 Banner Creek Rd Banner Elk, NC 28604

Estimated Value: $142,000 - $422,000

2 Beds
1 Bath
1,248 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 350 Banner Creek Rd, Banner Elk, NC 28604 and is currently estimated at $290,429, approximately $232 per square foot. 350 Banner Creek Rd is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2025
Sold by
Willis Linda and Ollis Brenda
Bought by
Norman Russell Ray and Norman Summer Natasha
Current Estimated Value
$290,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$249,866
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$40,563
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Norman Russell Ray $250,000 None Listed On Document
Ray Norman Russell $250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Norman Russell $250,000
Closed Ray Norman Russell $250,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $219 $139,800 $72,500 $67,300
2023 $219 $139,800 $72,500 $67,300
2022 $219 $139,800 $72,500 $67,300
2021 $232 $111,000 $69,000 $42,000
2020 $232 $111,000 $69,000 $42,000
2019 $232 $111,000 $69,000 $42,000
2018 $232 $81,900 $0 $0
2017 $245 $85,900 $0 $0
2016 $199 $85,900 $0 $0
2015 $199 $85,900 $69,000 $45,300
2012 -- $140,500 $90,000 $50,500
Source: Public Records

Map

North Carolina Avery County Banner Elk 28604

350 Banner Creek Rd, Banner Elk, NC

This home is located at 350 Banner Creek Rd, Banner Elk, NC 28604 and is currently estimated at $290,429, approximately $232 per square foot. 350 Banner Creek Rd is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High School.

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