NOT LISTED FOR SALE

140 Floral Ln Banner Elk, NC 28604

Estimated Value: $785,880 - $1,894,000

3 Beds
3.5 Baths
5,102 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $520,000 $102 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,116/month

456 Days on Market

Highlights

  • Traditional Architecture
  • 2 Fireplaces
  • Baseboard Heating
  • Valle Crucis Elementary School Rated A-
  • Shed
  • 2 Car Garage

About This Home

As of June 2021

Gorgeous home in Grandfather Farms, 15 minutes from Boone or Banner Elk! This home offers spacious rooms on all levels. The main floor includes a large kitchen with lots of cabinetry, den, living room, dining room, laundry, and 1 and half baths. There is also an additional sleeping area on this level. The second level features 3 bedrooms, and two full baths. Downstairs you will find a family room, bar area, and another large additional sleeping area. Low POA fees! 10 minutes from ski resort, hiking, golf, tennis, restaurants, grocery stores, pharmacies. PRICE REDUCED $50,000 FOR UPDATES!!

Last Agent to Sell the Property

James Wells

EXP Realty LLC Listed on: 02/10/2020

EXP Realty LLC

Last Buyer's Agent

Sarah Lyons

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1989

Lot Details

  • 1.01 Acre Lot
  • Property fronts a private road

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace

Kitchen

  • Induction Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Shed

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Shared Well
  • Private Sewer
  • High Speed Internet

Community Details

  • Grandfather Farms Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878-02-7283-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,699

Year Built

Built in 1989

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Grandfather Farms
  • Above Grade Finished Sq Ft: 3722.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Freezer, Disposal, Induction Cooktop, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1380.0
  • Fireplace Features: Two, Gas, Masonry, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 5102.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick, Wood Siding, Wood Frame
  • Exterior Features: Storage
  • Foundation Details: Basement
  • Other Structures: Shed(s)
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 950.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878-02-7283-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2699.0
  • Tax Book Number: 1888/67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jun 10, 2021
Sold by
Hurd Lazara J and Hurd Wayne S
Bought by
Baker Kemp Alan and Baker Marilynn Welch
Seller's Agent
James Wells
EXP Realty LLC
Buyer's Agent
Sarah Lyons
Keller Williams High Country
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$1,074,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,220
Avg. Annual Appreciation
18.66%
Original Mortgage
$320,000
Outstanding Balance
$290,979
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$783,241

Purchase Details

Closed on
Oct 31, 2016
Sold by
Hurd Lazara J and Hurd Wayne S
Bought by
Hurd Lazara J and Hurd Wayne S

Purchase Details

Closed on
Jan 12, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hurd Lazara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,500
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2009
Sold by
Oliver Geneva and Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation
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
Baker Kemp Alan $520,000 None Available
Hurd Lazara J -- Attorney
Hurd Lazara J -- --
Federal Home Loan Mortgage Corporation $429,228 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Kemp Alan $320,000
Previous Owner Hurd Lazara J $400,000
Previous Owner Hurd Lazara J $260,500
Previous Owner Oliver Geneva $400,000
Previous Owner Oliver Geneva M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $520,000 0.0% $102 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
02/10/2020 02/10/20 For Sale $520,000 -- $102 / 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 $2,748 $718,700 $30,300 $688,400
2023 $2,691 $709,500 $30,300 $679,200
2022 $2,691 $709,500 $30,300 $679,200
2021 $2,699 $578,100 $30,300 $547,800
2020 $2,699 $578,100 $30,300 $547,800
2019 $2,699 $578,100 $30,300 $547,800
2018 $2,410 $578,100 $30,300 $547,800
2017 $2,410 $578,100 $30,300 $547,800
2013 -- $656,700 $30,300 $626,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Wells

    EXP Realty LLC

    (828) 460-3847

    18 in this area

    85 Total Sales

    James Wells
    Section Image

  • S

    Buyer's Agent in 2021

    Sarah Lyons

    Keller Williams High Country

    (828) 406-6185

    14 in this area

    127 Total Sales

    Sarah Lyons
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 220116

High Country Association of REALTORS®

APN: 1878-02-7283-000

North Carolina Watauga County Banner Elk 28604

140 Floral Ln, Banner Elk, NC

This home is located at 140 Floral Ln, Banner Elk, NC 28604 since 10 February 2020 and is currently estimated at $1,074,220, approximately $210 per square foot. This property was built in 1989. 140 Floral 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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