NOT LISTED FOR SALE

111 Eagle Meadow Path Banner Elk, NC 28604

Banner Elk Area

Estimated Value: $1,537,000 - $2,334,000

3 Beds
3.5 Baths
2,353 Sq Ft
$845/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2022

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

Est. 3% increase in value since last sale

Current estimated payment $11,643 / mo

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

1.05 Acres

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

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

Listed on
Jan 30, 2022
Closed on
Mar 24, 2022
Sold by
Bought by
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
$1,988,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,593
Avg. Annual Appreciation
0.76%
Original Mortgage
$1,540,000
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2019
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,925,000 None Listed On Document
$178,000 None Available
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 $1,540,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
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

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 $4,901 $1,225,300 $180,000 $1,045,300
2024 $4,901 $1,225,300 $180,000 $1,045,300
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

  • Linda Cramblit

    Seller's Agent in 2022

    Linda Cramblit

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    4 in this area

    154 Total Sales

    Linda Cramblit
    Section Image

  • B

    Buyer's Agent in 2022

    Brooke Dolen

    Elevate Land & Realty Banner Elk

    (304) 840-5099

    1 in this area

    67 Total Sales

    Brooke Dolen
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 235445

High Country Association of REALTORS®

APN: 19401304055700000

North Carolina Avery County Banner Elk 28604

111 Eagle Meadow Path, 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.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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