NOT LISTED FOR SALE

120 Hanging Rock Estates Ln Banner Elk, NC 28604

Estimated Value: $505,919 - $697,000

4 Beds
2 Baths
2,010 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 16, 2015

Last sale price $238,000 $118 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,315/month

279 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • Attic
  • Double Pane Windows

About This Home

As of April 2015

Located on a double lot in Hanging Rock Estates, this beautiful home is in immaculate condition. With 2010 sq. ft. on 1 level, this home feels large and the open great room is perfect for entertaining. The permit is for 3 but there's 4 BR.The level lot is a rare find in the mountains,plus one that has been beautifully landscaped.Enjoy the multiple layers of deck in the back you that lead to a paver patio with a large Pergola recently built.The flat yard is sunny and perfect for a garden, yet has mature trees and established shrubs and flowers.An absolutely beautiful outdoor living area.The large Master bedroom is on one end of the house with a bath that includes a Jacuzzi tub.The other 3 bedroom are a nice size and on the opposite end of the house. The great room in between, has a kitchen with granite, a brick fireplace with a gas log insert. This once was a wood burning fireplace and could be converted back.The dining and living area in this room is large and the cathedral ceiling with wooden beams give an overall very open and spacious feel.A rare find in Banner Elk for this price

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 06/11/2014

Last Buyer's Agent

Marsha McManus

The Summit Group Of The Carolinas Listed on: 06/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 1976

Lot Details

  • 0.81 Acre Lot
  • Property fronts a private road
  • Back Yard Fenced
  • Zoning described as Deed Restrictions,ETJ,Residential,Subdivision

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

  • Ranch Style House
  • Mountain Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 2,010 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • Hanging Rock Estates Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 5,6
  • Assessor Parcel Number 185811667228

Home Details

Home Type

Single Family

Est. Annual Taxes

$798

Year Built

Built in 1976

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.81
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Hanging Rock Estates
  • Above Grade Finished Sq Ft: 2010.0
  • Architectural Style: Mountain, Ranch
  • Garage Yn: No
  • Year Built: 1976
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Masonry, Vented, Wood Burning, Propane
  • Fireplace: Yes
  • Interior Amenities: Attic, Pull Down Attic Stairs
  • Living Area: 2010.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Back Yard
  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Shake Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Out Building(s), Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Fireplace(s), Gas, Propane, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 100.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185811667228
  • Zoning Description: Deed Restrictions,ETJ,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 798.0
  • Tax Book Number: 444/645
  • Tax Lot: 5,6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2009
Sold by
Byrd Carey Monroe and Byrd Tracy J
Bought by
Humphrey Ramona Teller
Current Estimated Value
$588,980
Source: Public Records

Range of Values:

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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
Humphrey Ramona Teller $264,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harkey Jacob Taylor $189,435
Closed Harkey Jacob Taylor $189,435
Closed Harkey Lauren Patchett $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2015 04/16/15 Sold $238,000 0.0% $118 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
06/11/2014 06/11/14 For Sale $238,000 -- $118 / 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 $947 $236,700 $45,000 $191,700
2023 $947 $236,700 $45,000 $191,700
2022 $947 $236,700 $45,000 $191,700
2021 $1,273 $238,300 $67,500 $170,800
2020 $1,273 $231,500 $67,500 $164,000
2019 $1,273 $231,500 $67,500 $164,000
2018 $1,273 $231,500 $67,500 $164,000
2017 $961 $174,700 $0 $0
2016 $781 $174,700 $0 $0
2015 $781 $174,700 $45,000 $129,600
2012 -- $197,100 $75,000 $122,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marsha McManus

    The Summit Group Of The Carolinas

    (828) 260-2490

    66 in this area

    108 Total Sales

    Marsha McManus
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Map

Source: High Country Association of REALTORS®

MLS Number: 185653

High Country Association of REALTORS®

APN: 1858-11-66-7228-00000

North Carolina Avery County Banner Elk 28604

120 Hanging Rock Estates Ln, Banner Elk, NC

This home is located at 120 Hanging Rock Estates Ln, Banner Elk, NC 28604 since 11 June 2014 and is currently estimated at $588,980, approximately $293 per square foot. This property was built in 1976. 120 Hanging Rock Estates Ln is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Grandfather Academy.

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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