NOT LISTED FOR SALE

1238 Cloudrise Ln Banner Elk, NC 28604

Estimated Value: $447,000 - $624,000

4 Beds
3 Baths
2,043 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $260,000 $127 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,885/month

158 Days on Market

Highlights

  • Mountain View
  • Chalet
  • No HOA
  • Valle Crucis Elementary School Rated A-
  • Furnished
  • Porch

About This Home

As of August 2020

Here is your mountain home with a completely renovated 1st floor with beautiful finishes. Home is being sold furnished as shown in the photos (with few exceptions) and includes multi purpose gas/charcoal grill with refrigerator! All new windows and poplar bark siding on the "Prow". New deck on kitchen side with stairs. The second floor is in the process of being painted and sellers will offer an allowance for buyers purchase of new carpet. What's not to like!

Last Agent to Sell the Property

Rick Goodwin

Blue Ridge Realty & Inv. Boone Listed on: 02/21/2020

Last Buyer's Agent

Lynne Lear

The Lear Group Real Estate

The Lear Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,107

Year Built

  • Built in 1981

Lot Details

  • 0.68 Acre Lot
  • Property fronts a private road

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Chalet
  • Mountain Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,043 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments
  • Mountain Views

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1889-56-8498-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,107

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2043.0
  • Architectural Style: Chalet/Alpine, Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Stone, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished, Window Treatments
  • Living Area: 2043.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Multiple, Open
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1889-56-8498-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1107.0
  • Tax Book Number: 1898/753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jul 28, 2020
Sold by
Bonilla Ann D
Bought by
Griggs Kaitlin Anne and Estel Bryan Keith
Seller's Agent
Rick Goodwin
Blue Ridge Realty & Inv. Boone
Buyer's Agent
Lynne Lear
The Lear Group Real Estate
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$528,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,960
Avg. Annual Appreciation
14.43%
Original Mortgage
$234,000
Outstanding Balance
$205,764
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$323,196

Purchase Details

Closed on
Jan 5, 2017
Sold by
Muniz Jose R
Bought by
Bonilla Ana D

Purchase Details

Listed on
May 11, 2012
Closed on
Nov 12, 2014
Sold by
Baldwin Catherine Jean Boyette
Bought by
Muniz Jose R and Bonilla Ana D
Seller's Agent
John Wakeman
Wakeman Realty
Buyer's Agent
Mary Rupp
Blue Ridge Realty & Inv. Boone
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
Original Mortgage
$20,000
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2009
Sold by
Baldwin Catherine Jean Boyette
Bought by
Elizabeth Keller Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Griggs Kaitlin Anne $260,000 None Available
Bonilla Ana D -- None Available
Muniz Jose R $135,000 None Available
Elizabeth Keller Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griggs Kaitlin Anne $234,000
Previous Owner Muniz Jose R $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $260,000 0.0% $127 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $260,000 +92.6% $127 / Sq Ft
11/18/2014 11/18/14 Sold $135,000 0.0% $71 / Sq Ft View Prior Sale
10/19/2014 10/19/14 Pending -- -- --
05/11/2012 05/11/12 For Sale $135,000 -- $71 / 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
2025 $1,261 $314,800 $35,600 $279,200
2024 $1,261 $314,800 $35,600 $279,200
2023 $1,238 $314,800 $35,600 $279,200
2022 $1,238 $314,800 $35,600 $279,200
2021 $1,107 $226,700 $35,600 $191,100
2020 $1,107 $226,700 $35,600 $191,100
2019 $1,107 $226,700 $35,600 $191,100
2018 $994 $226,700 $35,600 $191,100
2017 $994 $226,700 $35,600 $191,100
2013 -- $218,900 $23,800 $195,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rick Goodwin

    Blue Ridge Realty & Inv. Boone

    Section Image
  • Lynne Lear

    Buyer's Agent in 2020

    Lynne Lear

    The Lear Group Real Estate

    (828) 898-5022

    13 in this area

    68 Total Sales

    Lynne Lear
    Section Image

  • J

    Seller's Agent in 2014

    John Wakeman

    Wakeman Realty

    Section Image

  • M

    Buyer's Agent in 2014

    Mary Rupp

    Blue Ridge Realty & Inv. Boone

    (828) 963-0925

    4 in this area

    17 Total Sales

    Mary Rupp
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 220428

High Country Association of REALTORS®

APN: 1889-56-8498-000

North Carolina Watauga County Banner Elk 28604

1238 Cloudrise Ln, Banner Elk, NC

Not Listed for Sale

Detached

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