NOT LISTED FOR SALE

130 Summit Trail Banner Elk, NC 28604

Estimated Value: $831,000 - $1,221,000

5 Beds
3 Baths
3,372 Sq Ft
$302/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $1,050,000 $311 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,629/month

Highlights

  • 1.61 Acre Lot
  • Mountain View
  • Mountain Architecture
  • Banner Elk Elementary School Rated A-
  • Vaulted Ceiling
  • 3 Fireplaces

About This Home

As of August 2023

This home offers mesmerizing long-range layered views in Banner Elk, NC. Situated on 1.61 Acres at 4,500 ft elevation, this home offers a strong rental history to help pay for ownership costs. Two steps to the main level from the driveway, to an open design kitchen, dining and living with hardwood floors and a beautiful vaulted ceiling. Floor-to-ceiling windows allow you to take in the stunning views. The expansive deck spanning the width of the home provides an indoor outdoor feel for entertaining. A main level primary suite on one side offers a privacy, while two additional bedrooms, a bathroom, and a laundry area are located on the other side. The residence comes fully furnished, allowing a seamless transition into luxury mountain living. The well-appointed kitchen features granite countertops and island, and newer stainless steel appliances. Downstairs, you will find a finished second large living area with fireplace, pool table and wet bar. So much space for entertaining! There are two additional bedrooms and a bathroom on this level, with walk out access to the hot tub and firepit! Beautiful lot with a park like setting. 10 minutes to downtown Banner Elk, and near skiing!

Last Agent to Sell the Property

Leslie Eason

Keller Williams High Country Listed on: 06/07/2023

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 2004

Lot Details

  • 1.61 Acre Lot
  • Property fronts a private road

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • 3 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Pull Down Stairs to Attic

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Community Details

  • Mountain Meadows Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1847-01-38-9349-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,409

Year Built

Built in 2004

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.61
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mountain Meadows
  • Above Grade Finished Sq Ft: 1967.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 386-1086
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1405.0
  • Fireplace Features: Three, Gas, Stone, Vented, Propane
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Furnished, Pull Down Attic Stairs, Vaulted Ceiling(s)
  • Living Area: 3372.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Concrete, Wood Siding, Wood Frame
  • Exterior Features: Fire Pit, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Open
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air, 3+ Units, Zoned
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane, Zoned
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 5 or More Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1847-01-38-9349-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2409.21
  • Tax Book Number: 377/2611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 8, 2023
Sold by
Kroitor Michael B and Kroitor Linda
Bought by
Kraus Robert J and Kraus Inez L
Seller's Agent
Leslie Eason
Keller Williams High Country
Buyer's Agent
Craig Carlson
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$1,050,000
Sold Price
$1,050,000
Views
57
Current Estimated Value
$1,018,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,174
Avg. Annual Appreciation
-1.41%
Source: Public Records

Range of Values:

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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
Kraus Robert J $1,050,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $1,050,000 0.0% $311 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $1,050,000 -- $311 / 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 $2,409 $602,300 $93,800 $508,500
2023 $2,531 $602,300 $93,800 $508,500
2022 $0 $602,300 $93,800 $508,500
2021 $3,079 $531,900 $67,500 $464,400
2020 $3,079 $531,900 $67,500 $464,400
2019 $3,079 $531,900 $67,500 $464,400
2018 $3,079 $531,900 $67,500 $464,400
2017 $1,883 $325,800 $0 $0
2016 $1,457 $325,800 $0 $0
2015 $1,457 $325,800 $50,000 $275,800
2012 -- $424,800 $75,000 $349,800
Source: Public Records

Agents Affiliated with this Home

  • Leslie Eason

    Seller's Agent in 2023

    Leslie Eason

    Keller Williams High Country

    (828) 406-0828

    32 in this area

    165 Total Sales

    Leslie Eason
    Section Image
  • Craig Carlson

    Buyer's Agent in 2023

    Craig Carlson

    Howard Hanna Allen Tate Real Estate Blowing Rock

    (828) 773-7472

    13 in this area

    116 Total Sales

    Craig Carlson
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 243917

High Country Association of REALTORS®

APN: 1847-01-38-9349-00000

North Carolina Avery County Banner Elk 28604

130 Summit Trail, Banner Elk, NC

This home is located at 130 Summit Trail, Banner Elk, NC 28604 since 07 June 2023 and is currently estimated at $1,018,826, approximately $302 per square foot. This property was built in 2004. 130 Summit Trail is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High School.

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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