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Sold on 08/10/2011
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538 Parallel Rd, Banner Elk, NC 28604

$432,000

Last sold 08/10/2011 for $170K

  • 3

    bed

  • 2

    bath

  • 1,820

    Sqft ($93/Sqft)

House not for sale
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About 538 Parallel Rd

Property type House
Year built 1978
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
This 3-bedroom, 2-bathroom single-family home is located at 538 Parallel Rd, Banner Elk, NC, 28604 in Avery County and was built in 1978. This home offers 1,820 square feet of living space. The estimated market value is $432,000, approximately $237 per square foot.
$432K
Range: $358K-$505K
Last 30 days 
Rental est.: $6,664/month
Gross rent multiplier: 2.1 - Excellent
  • — Off Market
    —
  • Aug 2011
    Public Records
  • Aug 10, 2011 Sold
    $170,000 (+3.0%)
  • Sep 2006
    Public Records
  • Sep 6, 2006 Sold
    $165,000
  • Year Property taxes Tax assessment
  • 2024
    $879
    $219,800
  • 2023
    $879 -4.3%
    $219,800
  • 2021
    $918 +8.8%
    $219,800 +45.76%
  • 2020
    $844
    $150,800
  • 2018
    $844 -0.6%
    $150,800 -0.33%
  • 2017
    $849 +25.4%
    $151,300
  • 2016
    $677
    $151,300
  • 2015
    $677
    —
  • 538 Parallel Rd
    $170K
  • —
  • 28604
    $545K 0% y/y
  • Banner Elk
    $949K +11% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
577 Parallel Rd, Banner Elk, NC 28604 $441,000 3/2 1,680 0.06
560 Parallel Rd, Banner Elk, NC 28604 $1,152,000 7/6 3,826 0.08
30 Black Bear Ln, Banner Elk, NC 28604 $1,285,000 4/4 3,189 0.11
50 Memory Ln, Banner Elk, NC 28604 $172,000 —/— — 0.13
55 Memory Ln, Banner Elk, NC 28604 $316,000 3/2 1,336 0.13
320 Parallel Rd, Banner Elk, NC 28604 $248,000 4/1 692 0.17
321 Parallel Rd, Banner Elk, NC 28604 $418,000 3/2 1,810 0.19
97 Trinity Ridge Ln, Banner Elk, NC 28604 $124,000 3/2 1,568 0.22

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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8/10
Banner Elk Elementary School
public Grades PK, K-5
Avery County School District
3/10
Avery Middle
public Grades 6-8
Avery County School District
Source: GreatSchools.org © 2026. All rights reserved.

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