NOT LISTED FOR SALE

139 Odessa Ln Banner Elk, NC 28604

Estimated Value: $1,150,000 - $1,292,000

4 Beds
3.5 Baths
3,451 Sq Ft
$352/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $1,015,000 $294 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,850/month

Highlights

  • Spa
  • 4.23 Acre Lot
  • Cathedral Ceiling
  • Valle Crucis Elementary School Rated A-
  • Pasture Views
  • Mountain Architecture

About This Home

As of August 2022

Rustic Mountain Elegance! This stunning 4 bed 3.5 bath home with just over 4 acres of pasture is located just minutes from Downtown Banner Elk and Valle Crucis as well as just 20 minutes from two ski resorts! Constructed in 2020, this home was designed to combine the rustic feel of a cabin in the woods with the amenities and functionality of a modern home. The entry way opens into a spacious living area highlighted w/ reclaimed lumber and tin ceiling accents. Adjacent to the living area is a lg. dining room and kitchen with high end appliances including a lg farm sink, dual fuel stove, Alder cabinets, granite counters. The main suite is open to the deck and it's views and has an en-suite bath that incl. a jetted tiled shower! 2 additional bedrooms and 1 full bath are found upstairs. The finished basement includes a large Den w/ Fireplace, recreational room, as well as an additional bedroom/office, a laundry and oversized single car garage. This home would make an excellent year round, 2nd home or short term rental. The property incl. 3 tracts on over 4 acres that can be separated and sold individually after closing. Furnishings are included w/???????????????????????????????????????? exceptions.

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 06/18/2022

Co-Listed By

James Canterbury

The Summit Group Of The Carolinas

Last Buyer's Agent

Yogi Collins

Area Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 2020

Lot Details

  • 4.23 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Private Parking
  • Gravel Driveway

Property Views

  • Pasture
  • Mountain

Home Design

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

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Shared Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Septic System
  • Private Sewer
  • High Speed Internet

Community Details

  • Signature Ridge Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1960-52-4814-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,487

Year Built

Built in 2020

Lot Details

0

HOA Fees

$21 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.23
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 304
  • Co List Office Phone: 828-898-3500
  • Subdivision Name: Signature Ridge
  • Above Grade Finished Sq Ft: 2230.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2020
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1221.0
  • Fireplace Features: Two, Gas, Stone, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Furnished, Hot Tub/Spa, Vaulted Ceiling(s)
  • Living Area: 3451.0
  • Stories: 3

Exterior Features

  • Fencing: Partial
  • View: Long Range, Mountain(s), Pasture
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Fence, Out Building(s), Gravel Driveway
  • Foundation Details: Basement
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Basement, Driveway, Garage, One Car Garage, Gravel, Private

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 4 Bedroom, Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1960-52-4814-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2486.79
  • Tax Book Number: 2120/1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Aug 31, 2022
Sold by
Grieme Jonathan D and Grieme Elizabeth G
Bought by
Tudor Timothy M and Tudor Amely L
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
Yogi Collins
Area Real Estate, LLC
List Price
$1,095,000
Sold Price
$1,015,000
Premium/Discount to List
-$80,000
-7.31%
Current Estimated Value
$1,214,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,638
Avg. Annual Appreciation
6.90%
Original Mortgage
$812,000
Outstanding Balance
$778,575
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$463,811

Purchase Details

Listed on
May 15, 2020
Closed on
Sep 3, 2020
Sold by
Townsend Herbert D and Townsend Cathy
Bought by
Grieme Jonathan D and Grieme Elizabeth G
Seller's Agent
Allen Yates
Allen Yates Realty
Buyer's Agent
Eric Brooks
Mountainscape Realty
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.35%
Original Mortgage
$479,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2019
Sold by
Fried Philip L and Fried Maria A
Bought by
Townsend Herbert D and Townsend Cathy
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
Tudor Timothy M $1,015,000 Angle Robert B
Grieme Jonathan D $599,000 None Available
Townsend Herbert D $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tudor Timothy M $812,000
Previous Owner Grieme Jonathan D $479,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $1,015,000 -7.3% $294 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $1,095,000 +82.8% $317 / Sq Ft
09/03/2020 09/03/20 Sold $599,000 0.0% $156 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $599,000 -- $156 / 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 $3,138 $824,800 $37,500 $787,300
2023 $3,115 $824,800 $37,500 $787,300
2022 $3,115 $824,800 $37,500 $787,300
2021 $2,221 $472,600 $30,600 $442,000
2020 $128 $28,300 $28,300 $0
2019 $128 $28,300 $28,300 $0
2018 $114 $28,300 $28,300 $0
2017 $114 $28,300 $28,300 $0
2013 -- $121,400 $121,400 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marsha McManus

    The Summit Group Of The Carolinas

    (828) 260-2490

    66 in this area

    107 Total Sales

    Marsha McManus
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    James Canterbury

    The Summit Group Of The Carolinas

    (828) 260-5528

    42 in this area

    96 Total Sales

    James Canterbury
    Section Image

  • Y

    Buyer's Agent in 2022

    Yogi Collins

    Area Real Estate, LLC

    (828) 263-6392

    7 in this area

    31 Total Sales

    Yogi Collins
    Section Image
  • Allen Yates

    Seller's Agent in 2020

    Allen Yates

    Allen Yates Realty

    (828) 264-5960

    16 in this area

    64 Total Sales

    Allen Yates
    Section Image

  • E

    Buyer's Agent in 2020

    Eric Brooks

    Mountainscape Realty

    (828) 773-8887

    1 in this area

    22 Total Sales

    Eric Brooks
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 238076

High Country Association of REALTORS®

APN: 1960-52-4814-000

North Carolina Watauga County Banner Elk 28604

139 Odessa Ln, Banner Elk, NC

This home is located at 139 Odessa Ln, Banner Elk, NC 28604 since 18 June 2022 and is currently estimated at $1,214,638, approximately $351 per square foot. This property was built in 2020. 139 Odessa Ln is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga 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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