Seller's Agent in 2022
Richard Foster
Elk River Realty
(828) 898-9777
79 in this area
81 Total Sales
129 Meadows Ln Banner Elk, NC 28604
Estimated Value: $1,791,000 - $2,004,000
3
Beds
4.5
Baths
4,346
Sq Ft
$429/Sq Ft
Est. Value
Highlights
- Airport or Runway
- Golf Course Community
- Fitness Center
- Banner Elk Elementary School Rated A-
- Equestrian Center
- 24-Hour Security
About This Home
As of September 2022Situated on 1.55 acres, this beautiful 3 bedroom, 4 and one half bath custom home located on Meadows Lane, offers some of the most breathtaking sunset views into Tennessee as you will see in the North Carolina High Country. Peaceful crafted streams trickle to the waterfall featured on this magnificent property. Masterly designed by renowned architect Harry Bo MacEwen, this custom home meets all your expectations of a High Country oasis. The great room features large hand carved beams and beautiful pine floors. Also on the main floor is a cozy kitchen and dining room, laundry room, masterfully crafted study leading to the primary bedroom with his and her baths. Follow the staircase to the lower level which features 2 private guest suites with grand views from the lower deck. Attached two car garage. This newly listed Elk River home, is a must see! Located in the Elk River Club which encompasses 1200 acres of the Blue Ridge mountains, members can enjoy a Jack Nicklaus Signature golf course, 50,000 square foot clubhouse, tennis, fitness, and equestrian centers plus an on-site private jetport.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,563
Year Built
- Built in 2000
Lot Details
- 1.55 Acre Lot
- Property fronts a private road
- Zoning described as Deed Restrictions,Residential,Subdivision
HOA Fees
- $416 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Shake Roof
- Wood Roof
- Wood Siding
- Stone
Interior Spaces
- 2-Story Property
- Wet Bar
- 3 Fireplaces
- Factory Built Fireplace
- Stone Fireplace
- Mountain Views
- Crawl Space
Kitchen
- Double Oven
- Gas Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Stream or River on Lot
- Covered Patio or Porch
- Waterfall on Lot
Schools
- Banner Elk Elementary School
- Avery County High School
Horse Facilities and Amenities
- Equestrian Center
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Private Sewer
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 211
- Assessor Parcel Number 1838-02-95-8096-00000
Community Details
Overview
- Elk River Subdivision
Amenities
- Airport or Runway
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Fitness Center
- Community Pool
Security
- 24-Hour Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2022
Closed on
Sep 8, 2022
Sold by
Bruce G Murphy Revocable Trust
Bought by
Russell A Post Revocable Trust
Seller's Agent
Richard Foster
Elk River Realty
Buyer's Agent
Richard Foster
Elk River Realty
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
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
$365,333
Avg. Annual Appreciation
6.44%
Purchase Details
Closed on
Sep 1, 2011
Sold by
Murphy Bruce G and Murphy Lou Ann
Bought by
Murphy Bruce G and Bruce G Murphy Revocable Trust
Purchase Details
Closed on
Nov 26, 2007
Sold by
Murphy Bruce G and Murphy Lou Ann
Bought by
Harville Stephen E and Harville Cynthia A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Russell A Post Revocable Trust | $3,000 | -- | |
| Murphy Bruce G | -- | None Available | |
| Harville Stephen E | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2022 09/23/22 | Sold | $1,500,000 | -6.0% | $345 / Sq Ft |
| 04/11/2022 04/11/22 | For Sale | $1,595,000 | -- | $367 / Sq Ft |
Source: High Country Association of REALTORS®
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 | $4,305 | $1,076,200 | $265,000 | $811,200 |
| 2024 | $4,305 | $1,076,200 | $265,000 | $811,200 |
| 2023 | $4,305 | $1,076,200 | $265,000 | $811,200 |
| 2022 | $0 | $1,076,200 | $265,000 | $811,200 |
| 2021 | $4,563 | $829,600 | $200,000 | $629,600 |
| 2020 | $4,563 | $829,600 | $200,000 | $629,600 |
| 2019 | $4,563 | $829,600 | $200,000 | $629,600 |
| 2018 | $4,563 | $829,600 | $200,000 | $629,600 |
| 2017 | $4,720 | $858,200 | $0 | $0 |
| 2016 | $3,838 | $858,200 | $0 | $0 |
| 2015 | $3,838 | $858,200 | $200,000 | $658,200 |
| 2012 | -- | $1,297,500 | $300,000 | $997,500 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Foster
-
Kylie Clark
Seller Co-Listing Agent in 2022
Kylie Clark
Elk River Realty
(828) 387-0222
80 in this area
80 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 236704
APN: 1838-02-95-8096-00000
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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