NOT LISTED FOR SALE

111 Eagle Meadow Path Banner Elk, NC 28604

Estimated Value: $1,864,000 - $2,411,000

3 Beds
3.5 Baths
2,353 Sq Ft
$877/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $1,925,000 $818 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,058/month

33 Days on Market

Highlights

  • Guest House
  • Second Kitchen
  • Fishing
  • Fitness Center
  • 24-Hour Security
  • Home fronts a pond

About This Home

As of April 2022

Beautiful Custom-Built Home. Completed March 2021. The 734 Sq Ft Carriage House isn't included in the heated square footage of the home & includes a Full Bath & Kitchen, Bedroom/Living Room w/Fireplace, & Laundry! Breezeway Lodge can be your Home Away from Home, Fulltime or Investment Property. 2 Homes on Site at the end of the cul-de-sac. Furnishings negotiable minus Seller exclusions: Artwork, Decor, Kitchen Contents & Personal Items. Enjoy Long Range Views from the Main House Kitchen, Dining & Great Room. High-End Finishings, Pella Windows throughout & Restoration Hardware Lighting & Furnishings. Gourmet Kitchen has Bluestar & Miele High-End Appliances. Extraordinary Custom-Made Built-In Headboard/Frame in Main Level Master. 1 Master & 1 Bunkroom Upstairs. All Beds have Organic latex mattresses ($20,000). Heated Garage features: Solid Wood Custom-Made Garage Doors. Epoxy Floor & Built in Cabinets. Paved driveway. Whole House Generator. Hunter Douglas Window Treatments. Built in iron/wood office desks. Tons of amenities! Great Camp, Winery, Concerts every Sat May-Oct. Sportsman Lodge, Atv Trails, Rentals, etc. Projected Rental Income: As Is $150,000 - $160,000 yr gross.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 01/30/2022

Last Buyer's Agent

Brooke Dolen

Elevate Land & Realty Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,542

Year Built

  • Built in 2021

Lot Details

  • 1.05 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road
  • Cul-De-Sac
  • Southern Exposure
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway
  • On-Street Parking

Property Views

  • River
  • Trees
  • Mountain

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Radon Mitigation System
  • Cedar
  • Stone

Interior Spaces

  • 2,353 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Living Quarters
  • Wired For Sound
  • Cathedral Ceiling
  • 3 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Treatments
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Second Kitchen
  • Built-In Convection Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit

Additional Homes

  • Guest House

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Space Heater
  • Heating System Uses Propane
  • Power Generator
  • Shared Well
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer Applied For Permit
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1940-13-04-0557-00000

Community Details

Overview

  • The Lodges At Eagles Nest Subdivision

Amenities

  • Private Restrooms

Recreation

  • Fitness Center
  • Fishing
  • Trails

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,542

Year Built

Built in 2021

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Lodges At Eagles Nest
  • Above Grade Finished Sq Ft: 2353.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Convection Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Three, Gas, Stone, Vented, Fire Pit, Outside, Propane
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Carbon Monoxide Detector, Cathedral Ceiling(s), Second Kitchen, Vaulted Ceiling(s), Wired for Sound, Window Treatments
  • Living Area: 2353.0
  • Stories: 2
  • Window Features: Double Pane Windows, Window Treatments

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Long Range, Mountain(s), River, Trees/Woods, Southern Exposure
  • View: Yes
  • Waterfront Features: Creek, Stream, Pond
  • Home Warranty: No
  • Construction Type: Cedar, Stone, Wood Frame
  • Exterior Features: Fire Pit
  • Foundation Details: Basement
  • Other Structures: Guest House, Living Quarters
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway, Garage, Two Car Garage, Oversized, On Street

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Security: Closed Circuit Camera(s), 24 Hour Security, Radon Mitigation System
  • Green Building Features: Private Restrooms
  • Cooling: Central Air, Other, See Remarks, 2 Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane, Space Heater
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Sewer Applied for Permit
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Community Features: Fitness Center, Fishing, Gated, River, Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 4800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1940-13-04-0557-00000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4542.45
  • Tax Book Number: 534/499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2022
Closed on
Mar 24, 2022
Sold by
Pierce Monte J and Revocab Mary
Bought by
111 Eagle Meadown Path Llc
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Brooke Dolen
Elevate Land & Realty Banner Elk
List Price
$1,925,000
Sold Price
$1,925,000
Current Estimated Value
$2,064,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,568
Avg. Annual Appreciation
1.52%
Original Mortgage
$1,540,000
Outstanding Balance
$1,451,909
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$573,477

Purchase Details

Closed on
Aug 19, 2019
Sold by
Eagles Nest Holdings Llc
Bought by
Pierce Monte J and Pierce Mary E
Source: Public Records

Range of Values:

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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
111 Eagle Meadown Path Llc $1,925,000 None Listed On Document
Pierce Monte J $178,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 111 Eagle Meadow Path Llc $1,540,000
Closed 111 Eagle Meadown Path Llc $1,540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $1,925,000 0.0% $818 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
01/30/2022 01/30/22 For Sale $1,925,000 -- $818 / 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 $4,901 $1,225,300 $180,000 $1,045,300
2022 $4,901 $1,225,300 $180,000 $1,045,300
2021 $4,542 $825,900 $125,000 $700,900
2020 $0 $125,001 $125,000 $1
2019 $0 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 235445

High Country Association of REALTORS®

APN: 19401304055700000