NOT LISTED FOR SALE

115 Hemlock Place SW Banner Elk, NC 28604

Estimated Value: $379,000 - $942,000

3 Beds
1.5 Baths
2,400 Sq Ft
$248/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $400,000 $167 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,244/month

Highlights

  • Guest House
  • Second Kitchen
  • Wood Burning Stove
  • Banner Elk Elementary School Rated A-
  • Mountain View
  • 2 Fireplaces

About This Home

As of April 2022

Views of Beech Mountain . In the heart of Banner Elk. wood and stone beloved home with large deck for entertaining.New metal roof installed 3 years ago! Upstairs, entry with coat room, livingroom with gas fireplace. Diningroom with stone and wood burning fireplace and galley style kitchen, and pantry area with washer. 1/2 bath with unique sink . 3 bedrooms, one used as sewing room and bath. Music room /sunroom leads to deck. Deck has sit in area directly off 3rd bedroom with access to the outside . Downstairs, kitchen with double ovens, bath, livingarea and bonus room . Plenty of storage. What a terrific find in Banner Elk. Minutes to restaurants, Lees McCrae College , gas stations, shopping, bars, pharmacy, urgent care and brewery. Skiing, tennis, golf minutes away. Ceiling radiant heat, tenant downstairs will need appointment, sold furnished with exceptions. Caution pets. All within walking distance or a bike ride to town.

Last Agent to Sell the Property

Christie Greenaway

Mountain High Realty Listed on: 12/18/2021

Last Buyer's Agent

Christopher Spangler

Howard Hanna Allen Tate Real Estate Blowing Rock

Howard Hanna Allen Tate Real Estate Blowing Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1952

Lot Details

  • 0.77 Acre Lot
  • Land Lease of $650 per month
  • Zoning described as City,Residential

Home Design

  • Cottage
  • Split Level Home
  • Wood Frame Construction
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Steel Beams
  • Metal Construction or Metal Frame
  • Masonry
  • Cedar
  • Stone

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Furnished
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments
  • Mountain Views

Kitchen

  • Second Kitchen
  • Built-In Double Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Open Patio
  • Porch

Additional Homes

  • Guest House

Schools

  • Banner Elk Elementary School
  • Cranberry Middle School
  • Avery County High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Radiant Heating System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1848-00-99-0665-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Cottage, Split-Level
  • Garage Yn: No
  • Unit Levels: Two, Multi/Split
  • Building Stories: 2
  • Year Built: 1952
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Double Oven, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Two, Gas, Stone, Vented, Wood Burning, Insert, Propane, Wood BurningStove
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Furnished, Second Kitchen, Window Treatments
  • Living Area: 2400.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • View: Mountain(s), Residential
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Frame, Masonry, Metal Frame, Stone, Steel, Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Other Structures: Guest House, Living Quarters
  • Patio And Porch Features: Multiple, Open
  • Roof: Metal

Garage/Parking

  • Parking Features: Asphalt, Driveway, No Garage

Utilities

  • Laundry Features: In Basement, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Fireplace(s), Gas, Radiant, Wood, Wood Stove
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Cranberry

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Parcel #: 1848-00-99-0665-00000
  • Zoning Description: City,Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 650.0

Tax Info

  • Tax Annual Amount: 1400.0
  • Tax Book Number: 338/421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Apr 14, 2022
Sold by
Wood Linda Joyce S
Bought by
Sprinkle Dustin C and Sprinkle Audrey
Seller's Agent
Christie Greenaway
Mountain High Realty
Buyer's Agent
Christopher Spangler
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$594,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,822
Avg. Annual Appreciation
12.04%
Original Mortgage
$360,000
Outstanding Balance
$340,704
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$254,118
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
Sprinkle Dustin C $400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprinkle Dustin C $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $400,000 0.0% $167 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
12/18/2021 12/18/21 For Sale $400,000 -- $167 / 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
2024 $1,200 $300,000 $66,200 $233,800
2023 $1,200 $300,000 $66,200 $233,800
2022 $1,200 $300,000 $66,200 $233,800
2021 $1,173 $213,200 $66,200 $147,000
2020 $2,367 $213,200 $66,200 $147,000
2019 $2,367 $213,200 $66,200 $147,000
2018 $1,173 $213,200 $66,200 $147,000
2017 $2,531 $224,000 $0 $0
2016 $1,002 $224,000 $0 $0
2015 $1,002 $224,000 $66,200 $157,800
2012 -- $272,100 $94,900 $177,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 234961

High Country Association of REALTORS®

APN: 1848-00-99-0665-00000