Seller's Agent in 2021
Richard Foster Ii
Elk River Realty
(828) 898-9777
80 in this area
82 Total Sales
132 Chestnut Trail Banner Elk, NC 28604
Estimated Value: $1,124,000 - $1,926,000
3
Beds
3.5
Baths
4,722
Sq Ft
$345/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 October 2021Tastefully appointed three bedroom, three and one half bath home, ideally situated on 3.71 acres, offers exceptional mountain views from expansive open and covered decks. Open floor plan features great room with exposed beam ceiling, a hand cut field stone fireplace, custom kitchen and dining area. Entry level also showcases a spacious master en suite with private deck and screened in porch, office with custom built-ins, butler’s pantry, laundry room, and powder room. Lower level offers two comfortable guest bedrooms suites, each with private bath, family room, wine cellar, and massage room with sauna. Elegant living, unparalleled long range views and so much more! The Elk River Club is a luxurious community that encompasses 1200 acres of the Blue Ridge mountains. In addition to a Jack Nicklaus Signature golf course, members can enjoy the 50,000 square foot clubhouse, tennis, fitness, and equestrian centers plus an on-site private jetport. Imagine your mountain home and you will find it at Elk River. Property located within the Elk River Club subdivision with gated access.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,846
Year Built
- Built in 1998
Lot Details
- 3.66 Acre Lot
- Property fronts a private road
- Zoning described as Deed Restrictions,Residential,Subdivision
HOA Fees
- $383 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Traditional Architecture
- Wood Frame Construction
- Shake Roof
- Wood Roof
- Wood Siding
- Stone
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Skylights
- Stone Fireplace
- Gas Fireplace
- Sauna
- Mountain Views
- Home Security System
- Washer and Dryer Hookup
- Finished Basement
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Stream or River on Lot
- Covered Patio or Porch
Schools
- Banner Elk Elementary School
- Avery County High School
Horse Facilities and Amenities
- Equestrian Center
Utilities
- Multiple cooling system units
- Central Air
- Heating System Uses Gas
- Power Generator
- Private Water Source
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1848-01-16-1619-00000
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 2, 2021
Closed on
Sep 28, 2021
Sold by
Brockmann Gohl Alice and Juergen Brockmann Revocable Tr
Bought by
Mcneely Michael R and Oakley Christie Love
Seller's Agent
Richard Foster Ii
Elk River Realty
Buyer's Agent
Kylie Clark
Elk River Realty
List Price
$1,300,000
Sold Price
$1,300,000
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
$327,652
Avg. Annual Appreciation
5.75%
Original Mortgage
$900,000
Outstanding Balance
$820,716
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$806,936
Purchase Details
Closed on
Jan 5, 2011
Sold by
Brockmann Juergen H and Brockmann Gohl Alice
Bought by
Brockmann Juergen H and Juergen H Brockmann Revocable
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcneely Michael R | $1,300,000 | None Available | |
| Mcneely Michael R | $1,300,000 | None Listed On Document | |
| Brockmann Juergen H | -- | None Available | |
| Brockman Juergen H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcneely Michael R | $900,000 | |
| Closed | Mcneely Michael R | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2021 10/12/21 | Sold | $1,300,000 | 0.0% | $275 / Sq Ft |
| 09/12/2021 09/12/21 | Pending | -- | -- | -- |
| 04/02/2021 04/02/21 | For Sale | $1,300,000 | -- | $275 / 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 | $5,222 | $1,305,400 | $265,000 | $1,040,400 |
| 2023 | $5,222 | $1,305,400 | $265,000 | $1,040,400 |
| 2022 | $5,222 | $1,305,400 | $265,000 | $1,040,400 |
| 2021 | $4,846 | $881,000 | $150,000 | $731,000 |
| 2020 | $4,846 | $881,000 | $150,000 | $731,000 |
| 2019 | $4,846 | $881,000 | $150,000 | $731,000 |
| 2018 | $4,846 | $881,000 | $150,000 | $731,000 |
| 2017 | $5,033 | $915,000 | $0 | $0 |
| 2016 | $4,092 | $915,000 | $0 | $0 |
| 2015 | $4,092 | $915,000 | $150,000 | $765,000 |
| 2012 | -- | $1,450,100 | $225,000 | $1,225,100 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Foster Ii
-
Kylie Clark
Seller Co-Listing Agent in 2021
Kylie Clark
Elk River Realty
(828) 387-0222
81 in this area
81 Total Sales
-
Christie Oakley
Buyer Co-Listing Agent in 2021
Christie Oakley
Prime Properties Group, LLC
(828) 781-7000
2 in this area
98 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 229412
APN: 1848-01-16-1619-00000
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