NOT LISTED FOR SALE

102 Banner Hill Dr Newland, NC 28657

Estimated Value: $234,000 - $287,709

2 Beds
2 Baths
1,956 Sq Ft
$133/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $115,000 $59 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,666/month

163 Days on Market

Highlights

  • 1.57 Acre Lot
  • No HOA
  • High Speed Internet
  • Wood Burning Stove
  • Cottage
  • Stone Fireplace

About This Home

As of December 2021

Great in town location in the town of Newland! Fixer upper house with 1.57 acres conveniently located near the Newland ballfields and the walking path around town. This home needs TLC and many updates which is reflected in the listing price. Please do not walk on the porch and deck due to the broken boards. This home could be refurbished and other homes placed on the surrounding lots. Could be a great rental opportunity!

Last Agent to Sell the Property

Terri McKinney

Berkshire Hathaway HomeServices Blue Ridge REALTOR Listed on: 06/03/2021

Berkshire Hathaway HomeServices Blue Ridge REALTOR

Co-Listed By

David Smith

Berkshire Hathaway HomeServices Blue Ridge REALTOR

Last Buyer's Agent

Michelle Griffin

High Country Resort Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1938

Lot Details

  • 1.57 Acre Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Partial Basement
  • Dishwasher
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Newland Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Not Connected to Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1836-15-62-5940-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$834

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.57
  • Road Surface Type: Paved
  • Co List Office Mls Id: 372
  • Co List Office Phone: (828) 438-3660
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1956.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Insert, Wood Burning Stove
  • Fireplace: Yes
  • Living Area: 1956.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Basement
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Kerosene
  • Sewer: Not Connected, Public Sewer, Septic Permit Unavailable
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Newland
  • High School: Avery County

Lot Info

  • Parcel #: 1836-15-62-5940-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 834.0
  • Tax Book Number: 307/540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Nov 23, 2021
Sold by
Isaacs Michael Jody and Isaacs Gina Fisher
Bought by
Nair Vandana Singh and Nair Shankar
Seller's Agent
Terri McKinney
Berkshire Hathaway HomeServices Blue Ridge REALTOR
Buyer's Agent
Michelle Griffin
High Country Resort Properties
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$296,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,722
Avg. Annual Appreciation
26.80%
Source: Public Records

Range of Values:

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Average Value
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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
Nair Vandana Singh $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Vandana Singh $168,540
Closed Nair Vandana Singh $168,540
Previous Owner Stewart Doyle $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $115,000 0.0% $59 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $115,000 -- $59 / Sq Ft
Source: High Country Association of REALTORS®

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
2023 $489 $122,200 $20,000 $102,200
2022 $0 $122,200 $20,000 $102,200
2021 $531 $96,600 $20,000 $76,600
2020 $1,034 $96,600 $20,000 $76,600
2019 $1,034 $96,600 $20,000 $76,600
2018 $531 $96,600 $20,000 $76,600
2017 $1,013 $94,700 $0 $0
2016 $424 $94,700 $0 $0
2015 $424 $94,700 $20,000 $74,700
2012 -- $129,800 $30,000 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 230844

High Country Association of REALTORS®

APN: 1836-15-62-5940-00000