NOT LISTED FOR SALE

138 Walnut Way Banner Elk, NC 28604

Estimated Value: $795,000 - $932,000

3 Beds
2.5 Baths
2,580 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $785,000 $304 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,841/month

Highlights

  • Cathedral Ceiling
  • Mountain Architecture
  • Skylights
  • Banner Elk Elementary School Rated A-
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of July 2022

This beautiful home located in the Crooked Creek Subdivision was originally built and owned by the subdivision's developer. The 3/2.5 home has level entry plus an oversized 2 car garage! The open and airy floorplan is accentuated with cathedral ceilings, lots of windows to maximize the east to west orientation and multiple decks on 3 different levels. The main level offers a great room with spalted Maple floors, a large kitchen w/ more than ample cabinets, granite counters, a gas cooktop and electric wall oven, a lg dining and living area with a stone, wood burning fireplace. It could be easily converted to gas. The main level bedroom is bright and airy with multiple casement windows and the bath is large with double vanities, a tiled shower and nice mirrored walk in closet. On the lower level there is a wonderful den, 2 bedrooms, full bath, exercise/music/office room and separate laundry/storage room. The multiple decks overlook a babbling brook that runs through the .68 acre lot. This home is in pristine condition with a new roof, kitchen counters, appliances, a new propane furnace, paint on the exterior and interior, new drapes, a fireplace mantle, coffee bar and so much more!

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 06/04/2022

Last Buyer's Agent

David Pittman

High Country Resort Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,862

Year Built

  • Built in 1996

Lot Details

  • 0.68 Acre Lot
  • Home fronts a stream

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Mountain Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Casement Windows

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Crooked Creek Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 16
  • Assessor Parcel Number 1859-18-40-7140-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,862

Year Built

Built in 1996

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Road Surface Type: Paved
  • Subdivision Name: Crooked Creek
  • Above Grade Finished Sq Ft: 1431.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Gas Cooktop, Gas Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1149.0
  • Fireplace Features: One, Gas, Other, See Remarks, Stone, Vented, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Vaulted Ceiling(s)
  • Living Area: 2580.0
  • Stories: 2
  • Window Features: Casement Window(s), Skylight(s)

Exterior Features

  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Attached, Driveway, Garage, Two Car Garage, Oversized

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • 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
  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1859-18-40-7140-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3862.0
  • Tax Book Number: 536/2405
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Jun 30, 2022
Sold by
Cheryl Ballard Kirkpatrick Revocable Tru
Bought by
Jones Todd L and Jones Nicole T
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
David Pittman
High Country Resort Properties
List Price
$775,000
Sold Price
$785,000
Premium/Discount to List
$10,000
1.29%
Current Estimated Value
$878,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,812
Avg. Annual Appreciation
3.53%
Original Mortgage
$558,750
Outstanding Balance
$531,633
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$347,179

Purchase Details

Listed on
Aug 6, 2018
Closed on
Oct 21, 2019
Sold by
Arthur Glenn
Bought by
Kirkpatrick Cheryl Ballard and Cheryl Ballard Kirkpatrick Revocable Tr
Seller's Agent
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Marsha McManus
The Summit Group Of The Carolinas
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.88%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Todd L $785,000 Tarnow John M
Kirkpatrick Cheryl Ballard $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Todd L $558,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2022 07/12/22 Sold $785,000 +1.3% $304 / Sq Ft
06/04/2022 06/04/22 For Sale $775,000 +118.3% $300 / Sq Ft
10/25/2019 10/25/19 Sold $355,000 0.0% $141 / Sq Ft View Prior Sale
09/25/2019 09/25/19 Pending -- -- --
08/06/2018 08/06/18 For Sale $355,000 -- $141 / 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 $1,891 $472,800 $55,000 $417,800
2023 $1,891 $472,800 $55,000 $417,800
2022 $1,891 $472,800 $55,000 $417,800
2021 $1,931 $351,100 $55,000 $296,100
2020 $3,897 $351,100 $55,000 $296,100
2019 $3,897 $351,100 $55,000 $296,100
2018 $1,931 $351,100 $55,000 $296,100
2017 $4,144 $366,700 $0 $0
2016 $1,640 $366,700 $0 $0
2015 $1,640 $366,700 $55,000 $311,700
2012 -- $479,500 $70,000 $409,500
Source: Public Records

Agents Affiliated with this Home

  • Marsha McManus

    Seller's Agent in 2022

    Marsha McManus

    The Summit Group Of The Carolinas

    (828) 260-2490

    64 in this area

    106 Total Sales

    Marsha McManus
    Section Image

  • D

    Buyer's Agent in 2022

    David Pittman

    High Country Resort Properties

    (828) 387-5836

    7 in this area

    56 Total Sales

    David Pittman
    Section Image
  • John Heinlein

    Seller's Agent in 2019

    John Heinlein

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    66 in this area

    115 Total Sales

    John Heinlein
    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 237926

High Country Association of REALTORS®

APN: 1859-18-40-7140-00000

North Carolina Avery County Banner Elk 28604

138 Walnut Way, Banner Elk, NC

This home is located at 138 Walnut Way, Banner Elk, NC 28604 since 04 June 2022 and is currently estimated at $878,812, approximately $340 per square foot. This property was built in 1996. 138 Walnut Way is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Grandfather Academy.

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.

Nearby Homes