NOT LISTED FOR SALE

407 Main St E Banner Elk, NC 28604

Banner Elk Area

Estimated Value: $741,966 - $1,089,000

4 Beds
4 Baths
6,940 Sq Ft
$139/Sq Ft Est. Value

About This Home

This home is located at 407 Main St E, Banner Elk, NC 28604 and is currently estimated at $966,655, approximately $139 per square foot. 407 Main St E is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High School.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Bought by
Current Estimated Value
$966,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$642,315
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$324,340

Purchase Details

Closed on
Feb 15, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2023
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Banner Elk, NC

  • Lee Gillette Real Estate Agent - BHHS Vincent Properties

    Lee Gillette

    BHHS Vincent Properties

    (828) 268-3498

    39 Total Sales

    6 in Banner Elk

    $310K - $735K Price Range

    Lee Gillette
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  • Mandy Pennell Real Estate Agent - Keller Williams High Country

    Mandy Pennell

    Keller Williams High Country

    (828) 761-3308

    48 Total Sales

    5 in Banner Elk

    $149K - $349K Price Range

    Mandy Pennell
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  • Don Blair Real Estate Agent - Premier Sotheby's Int'l Realty

    Don Blair

    Premier Sotheby's Int'l Realty

    (828) 383-9137

    46 Total Sales

    1 in Banner Elk

    $1,642,500 Price

    Don Blair
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  • Lisa Stewart Real Estate Agent - Keller Williams High Country

    Lisa Stewart

    Keller Williams High Country

    (855) 996-3598

    38 Total Sales

    4 in Banner Elk

    $110K - $725K Price Range

    Lisa Stewart
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  • Kat Spradling Real Estate Agent - Elevate Land & Realty Banner Elk

    Kat Spradling

    Elevate Land & Realty Banner Elk

    (828) 576-7967

    38 Total Sales

    12 in Banner Elk

    $165K - $3.5M Price Range

    Kat Spradling
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  • Chris Cornett Real Estate Agent - Elevate Land & Realty Banner Elk

    Chris Cornett

    Elevate Land & Realty Banner Elk

    (828) 809-0914

    15 Total Sales

    7 in Banner Elk

    $87K - $1.5M Price Range

    Chris Cornett
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
$357,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $650,000
Previous Owner $440,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,001 $254,500 $80,600 $173,900
2024 $931 $232,700 $80,600 $152,100
2023 -- $232,700 $80,600 $152,100
2022 $931 $232,700 $80,600 $152,100
2021 $1,153 $209,600 $80,600 $129,000
2020 $2,327 $209,600 $80,600 $129,000
2019 $2,327 $209,600 $80,600 $129,000
2018 $1,153 $209,600 $80,600 $129,000
2017 $2,344 $207,400 $0 $0
2016 $927 $207,400 $0 $0
2015 $927 $207,400 $80,600 $126,800
2012 -- $310,300 $128,900 $181,400
Source: Public Records

Map

North Carolina Avery County Banner Elk 28604

407 Main St E, Banner Elk, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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