116 Double Knob Banner Elk, NC 28604
Estimated Value: $721,730 - $1,154,000
3
Beds
2.5
Baths
2,929
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- River Access
- Gated Community
- 3.22 Acre Lot
- Banner Elk Elementary School Rated A-
- Views of Trees
- Stream or River on Lot
About This Home
As of November 2021River Run Cabin in the Woods! Private setting and the most well built Cypress Log home, solid construction. Level entry with a master suite on the main along with laundry and both covered front and back porches. There is a spacious loft with ample storage and room enough for sleeping and sitting area. The lower lever has an additional two bedrooms, bath, living area and another room currently used as a 4th sleeping room. Enjoy fishing, listening, or playing in the Elk River, just a short walk from your home. This Elk River community is just a few minutes to town and is one of the few neighborhoods in the area that have the Elk River as it's main amenity. This unique Cypress Log home has a tree in the middle of the home, built by a local builder and the Cypress log company has been in business for many years. Cypress' own oils naturally resist to rot, fungus and decay making this home an ideal log structure. It's truly a Cabin in the Woods with river access. Some furnishings will convey, list to be provided. A MOUNTAIN VIEW COULD BE OPENED UP WITH SOME LIMBING UP
Last Listed By
Susan F. Brown
Susan Brown Realty Listed on: 05/28/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,659
Year Built
- Built in 2003
Lot Details
- 3.22 Acre Lot
- Property fronts a private road
- Zoning described as Deed Restrictions
HOA Fees
- $40 Monthly HOA Fees
Property Views
- Trees
- Peek-A-Boo
Home Design
- Log Cabin
- Slab Foundation
- Metal Roof
- Log Siding
- Stone
Interior Spaces
- 3-Story Property
- Central Vacuum
- Furnished
- Vaulted Ceiling
- Gas Fireplace
- Propane Fireplace
- Double Hung Windows
- Finished Basement
- Walk-Out Basement
Kitchen
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- No Garage
- Private Parking
- Gravel Driveway
Outdoor Features
- River Access
- Stream or River on Lot
- Covered patio or porch
- Shed
Schools
- Freedom Trail Elementary School
- Avery County High School
Utilities
- No Cooling
- Forced Air Heating System
- Space Heater
- Heating System Uses Propane
- Wall Furnace
- Private Water Source
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 1839-00-74-9512-00000
Community Details
Overview
- River Run Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Nov 18, 2021
Sold by
Hallman Monica Kelly and Hallman Kelly Goss
Bought by
Caplan Michelle H and Michelle H Caplan Revocable Li
Seller's Agent
Susan F. Brown
Susan Brown Realty
Buyer's Agent
Mike Quinto
Keller Williams High Country
List Price
$600,400
Sold Price
$600,400
Total Days on Market
147
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,533
Avg. Annual Appreciation
11.43%
Original Mortgage
$425,000
Outstanding Balance
$394,312
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$482,560
Purchase Details
Closed on
Dec 1, 2010
Sold by
Kctm Family Lp
Bought by
Goss W Sherrill and Goss Barbara S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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Similar Homes in Banner Elk, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Caplan Michelle H | $600,500 | None Available | |
| Goss W Sherrill | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Caplan Michelle H | $425,000 | |
| Previous Owner | Goss Willie Sherrill | $262,500 | |
| Previous Owner | Goss W Sherrill | $127,000 | |
| Previous Owner | Forness Ucola L | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2021 11/22/21 | Sold | $600,400 | 0.0% | $205 / Sq Ft |
| 10/23/2021 10/23/21 | Pending | -- | -- | -- |
| 05/28/2021 05/28/21 | For Sale | $600,400 | -- | $205 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $2,391 | $597,800 | $72,300 | $525,500 |
| 2022 | $0 | $597,800 | $72,300 | $525,500 |
| 2021 | $1,659 | $301,700 | $63,800 | $237,900 |
| 2020 | $1,659 | $301,700 | $63,800 | $237,900 |
| 2019 | $1,659 | $301,700 | $63,800 | $237,900 |
| 2018 | $1,659 | $301,700 | $63,800 | $237,900 |
| 2017 | $1,717 | $312,200 | $0 | $0 |
| 2016 | $1,396 | $312,200 | $0 | $0 |
| 2015 | $1,396 | $312,200 | $63,800 | $247,700 |
| 2012 | -- | $378,800 | $106,300 | $272,500 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2021
Susan F. Brown
Susan Brown Realty
-
Mike Quinto
Buyer's Agent in 2021
Mike Quinto
Keller Williams High Country
(828) 379-9322
17 in this area
111 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 230734
APN: 1839-00-74-9512-00000
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.
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