NOT LISTED FOR SALE

129 Lecka Ln Banner Elk, NC 28604

Estimated Value: $311,000 - $387,809

3 Beds
2 Baths
1,691 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $325,500 $192 Per Sq Ft

Current estimated payment $1,836/month

84 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • No HOA
  • Banner Elk Elementary School Rated A-
  • Attic
  • Porch

About This Home

As of August 2024

A DREAM LOCATION for an investor rental or permanent home! Situated in the picturesque town of Banner Elk, don't miss this unique opportunity to own a 3 bed/2 bath vintage cottage near 2 popular ski slopes! Lecka Lane is located less than a 5 minute drive from the center of town, boasting a beautiful community park, walking trails and an amphitheater with a summer music series.The relaxed, yet vibrant atmosphere of Banner Elk is further enhanced by an array of restaurants ,shops, Lees-McRae College.... all within a 7-10 minute stroll from the front door! Nestled in a quiet neighborhood, the flat yard is an unexpected bonus, surrounded by ample greenery and mountain vistas.The cottage greets you with a spacious deck overlooking a well manicured lawn,a creek front lot, and mature landscaping. Stepping inside, a spacious open floor plan offers a living/dining area and a bright kitchen. The galley kitchen is spacious with an easy flow. The entire living space, bordered by 3 bedrooms/ 2 baths ,offers MAIN LEVEL LIVING , including generous closets and plenty of space for family and guests.The backyard provides another escape with a second, smaller deck option. This is a perfect fit for buyers ready for a simple life in the mountains, to relish the cool summer air and settle in,or hit Sugar or Beech Mtn ski slopes in the winter! This 1980 home is now priced recognizing that with a little creativity,vision, and TLC, it could be transformed into a cozy home or getaway. It also presents an exciting investor opportunity as ,with renovations/upgrades ,if could be an winning rental. Banner Elk allows LONG & SHORT TERM RENTALS and it is a stone's throw for Lees- McRae students! Don't miss out on the opportunity to make this house your own ....or a popular rental! The home is priced AS IS at $369,000

Last Agent to Sell the Property

Sandra Hancock

Allen Tate Realtors Boone Brokerage Phone: 828-278-8337 Listed on: 06/05/2024

Allen Tate Realtors Boone

Last Buyer's Agent

Lyn Sappington

Blue Ridge Realty & Inv. - Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Home fronts a stream
  • Zoning described as R2

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,691 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Gas Fireplace
  • Mountain Views
  • Crawl Space
  • Attic

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Open Patio
  • Outdoor Storage
  • Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-19-51-2520-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,846

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1691.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-278-8337
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Gas
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 1691.0
  • Stories: 1

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Storage, Paved Driveway
  • Patio And Porch Features: Multiple, Open
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Parcel #: 1859-19-51-2520-00000
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1846.43
  • Tax Book Number: 416/2236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 26, 2024
Sold by
Knowles Sue H and Mechetti Paul
Bought by
S & C Investments Nc Llc
Seller's Agent
Sandra Hancock
Allen Tate Realtors Boone
Buyer's Agent
Lyn Sappington
Blue Ridge Realty & Inv. - Banner Elk
List Price
$499,900
Sold Price
$325,500
Premium/Discount to List
-$174,400
-34.89%
Views
37
Current Estimated Value
$324,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,203
Avg. Annual Appreciation
6.36%
Original Mortgage
$276,675
Outstanding Balance
$270,495
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$75,707

Purchase Details

Closed on
Jul 20, 2007
Sold by
Fore Shelby J
Bought by
Knowles Sue H and Knowles Tommie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
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
S & C Investments Nc Llc $325,500 None Listed On Document
Knowles Sue H $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & C Investments Nc Llc $276,675
Previous Owner Knowles Sue H $108,840
Previous Owner Knowles Tommie R $50,000
Previous Owner Knowles Sue H $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $325,500 -11.8% $192 / Sq Ft
06/25/2024 06/25/24 Price Changed $369,000 -12.1% $218 / Sq Ft
06/15/2024 06/15/24 Price Changed $419,900 -16.0% $248 / Sq Ft
06/05/2024 06/05/24 For Sale $499,900 -- $296 / 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 $859 $214,700 $28,900 $185,800
2023 $859 $214,700 $28,900 $185,800
2022 $571 $214,700 $28,900 $185,800
2021 $732 $133,000 $28,900 $104,100
2020 $1,476 $133,000 $28,900 $104,100
2019 $1,476 $133,000 $28,900 $104,100
2018 $546 $133,000 $28,900 $104,100
2017 $1,592 $140,900 $0 $0
2016 $630 $140,900 $0 $0
2015 $630 $140,900 $28,900 $112,000
2012 -- $150,600 $34,700 $115,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 249845

High Country Association of REALTORS®

APN: 1859-19-51-2520-00000