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    Property profile & analytics

    207 Main St Elk Park, NC 28622

    • Garden apartment buildings
    • 7,084 SF
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US53-2690409
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 207 Main St

    Year built
    1904
    Construction
    CONCRETE
    Property size
    7,084 SF
    Property type
    Garden apartment buildings
    APN
    18280509640100000
    APU
    18280509640100000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elk Park
    County
    Avery
    State
    North Carolina
    Longitude
    -81.979
    Latitude
    36.1576

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $764
    $43,900
    $147,000
    $190,900
    -
    $43,900
    $147,000
    $190,900

    Comparable in this City

    • Value Estimation by Request
      1,438 SF

      8205 Us Hwy 19e

      GARDEN APT, COURT APT (5+ UNITS) • 1,438 SF
      8205 Us Hwy 19e, Elk Park, NC 28622-9469
      View Details
    • Value Estimation by Request
      1,600 SF

      Main St St

      GARDEN APT, COURT APT (5+ UNITS) • 1,600 SF
      Main St St, Elk Park, NC 28622
      View Details
    • Value Estimation by Request
      5,300 SF

      3311 Banner Elk Hwy

      GARDEN APT, COURT APT (5+ UNITS) • 5,300 SF
      3311 Banner Elk Hwy, Elk Park, NC 28622-9149
      View Details
    • Value Estimation by Request
      0.52 Acres

      Elk Park, NC 28622

      COMMERCIAL (GENERAL) • 0.52 Acres
      Elk Park, NC 28622
      View Details
    • Value Estimation by Request
      0.12 Acres

      Mitchell Ln

      FUNERAL HOME • 0.12 Acres
      Mitchell Ln, Elk Park, NC 28622
      View Details
    • Value Estimation by Request
      0.51 Acres

      Curtis Crk Rd

      FUNERAL HOME • 0.51 Acres
      Curtis Crk Rd, Elk Park, NC 28622
      View Details

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    • $1,499,000
      50.00 Acres

      50 Acres with River Views

      Land with mountain and river views, near Pisgah National Forest.
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    207 Main St
    Elk Park, NC 28622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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