Seller's Agent in 2024
Jordan Foster
Mountain Estate Realty
(828) 773-8627
6 in this area
52 Total Sales
127 Gilliam Rd Banner Elk, NC 28604
Estimated Value: $358,000 - $425,845
2
Beds
1
Bath
969
Sq Ft
$405/Sq Ft
Est. Value
Highlights
- Spa
- Mountain Architecture
- No HOA
- Banner Elk Elementary School Rated A-
- Furnished
- Covered Patio or Porch
About This Home
As of August 2024Say hello to Tall Timbers Cottage! This gorgeous cottage is located near downtown Banner Elk & Beech Mountain! The first things you'll notice are the beautiful stone walls and hard wood flooring. The living room area is wonderfully decorated and the gas fireplace is the perfect accessory for those cold nights. The first level is full of family gathering areas which leaves the second floor to the sleeping areas. Enjoy the spacious bedrooms with brand new frames and mattresses. The cabin is being sold fully furnished with rental history! This home grossed $35,761.69 is 2023. The home had numerous recent improvements including a new roof, gutters, water heater, most appliances, encapsulated crawl space, and so much more! Keep the home as an investment property or enjoy it as a primary / second home! It's in a convenient location but yet peaceful! Don't miss your chance to take a look!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $893
Year Built
- Built in 2005
Lot Details
- 0.5 Acre Lot
- Property fronts a private road
Home Design
- Mountain Architecture
- Cottage
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Stone
Interior Spaces
- 969 Sq Ft Home
- 2-Story Property
- Furnished
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Window Treatments
- Crawl Space
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- No Garage
- Private Parking
- Gravel Driveway
Outdoor Features
- Spa
- Covered Patio or Porch
- Fire Pit
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Ductless Heating Or Cooling System
- Two Cooling Systems Mounted To A Wall/Window
- Cooling System Mounted To A Wall/Window
- Heating Available
- Shared Well
- 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 1859-09-15-8159-00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2024
Closed on
Aug 14, 2024
Sold by
Ferreira Ryan A and Ferreira Nicole M
Bought by
Friedman Susan L and Friedman David M
Seller's Agent
Jordan Foster
Mountain Estate Realty
Buyer's Agent
Lyn Hunter
Keller Williams High Country
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Views
35
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
-$12,289
Avg. Annual Appreciation
-2.60%
Purchase Details
Listed on
Oct 15, 2019
Closed on
Jan 16, 2020
Sold by
Mickenberg Steven and Mickenberg Kerin
Bought by
Ferreira Ryan A and Ferreira Nicole M
Seller's Agent
Robyn Edsall
Keller Williams High Country
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$196,785
Sold Price
$196,785
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%
Original Mortgage
$177,106
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2007
Sold by
Holmstrom Thomas E and Holmstrom Elizabeth Deann
Bought by
Mickenberg Kerin and Mickenberg Sharon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Friedman Susan L | $405,000 | None Listed On Document | |
| Ferreira Ryan A | $197,000 | None Available | |
| Mickenberg Kerin | $196,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ferreira Ryan A | $177,106 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $405,000 | -2.4% | $418 / Sq Ft | |
| 06/29/2024 06/29/24 | Price Changed | $415,000 | -2.4% | $428 / Sq Ft | |
| 06/05/2024 06/05/24 | For Sale | $425,000 | +116.0% | $439 / Sq Ft | |
| 01/22/2020 01/22/20 | Sold | $196,785 | 0.0% | $194 / Sq Ft | View Prior Sale |
| 12/23/2019 12/23/19 | Pending | -- | -- | -- | |
| 10/15/2019 10/15/19 | For Sale | $196,785 | -- | $194 / 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 |
|---|---|---|---|---|
| 2024 | $893 | $212,200 | $30,000 | $182,200 |
| 2023 | $893 | $212,200 | $30,000 | $182,200 |
| 2022 | $893 | $212,200 | $30,000 | $182,200 |
| 2021 | $825 | $142,500 | $18,000 | $124,500 |
| 2020 | $826 | $142,500 | $18,000 | $124,500 |
| 2019 | $830 | $142,500 | $18,000 | $124,500 |
| 2018 | $830 | $142,500 | $18,000 | $124,500 |
| 2017 | $750 | $127,800 | $0 | $0 |
| 2016 | $610 | $127,800 | $0 | $0 |
| 2015 | $610 | $127,800 | $15,000 | $112,800 |
| 2012 | -- | $163,700 | $35,000 | $128,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Foster
-
Lyn Hunter
Buyer's Agent in 2024
Lyn Hunter
Keller Williams High Country
(828) 263-7755
22 in this area
78 Total Sales
-
R
Seller's Agent in 2020
Robyn Edsall
Keller Williams High Country
-
NONMLS MEMBER
N
Buyer's Agent in 2020
NONMLS MEMBER
NONMLS
165 in this area
2,432 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 250138
APN: 1859-09-15-8159-00000
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.
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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