NOT LISTED FOR SALE

144 Gilliam Rd Banner Elk, NC 28604

Estimated Value: $687,000 - $1,125,000

3 Beds
2 Baths
1,933 Sq Ft
$445/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $93,500 $48 Per Sq Ft

Est. 820% increase in value since last sale

Current estimated payment $4,773/month

199 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Open Patio
  • Banner Elk Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Garage

About This Home

As of June 2015

Ranch style with full basement and double garage, rock faced exterior with deck at back and porch on front. will need some updates but overall in average condition, Good view of grandfather mountain from front porch and living room, Close to banner elk and beech mountain, No HOA or POA fees, Tax records indicate oil furnace but can not confirm, Sold as is, seller and list agent make no representation expressed or implied.Employees of Bank of America or its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by Bank of America. Heat system appears to be missing

Last Agent to Sell the Property

Lawrence Kelley

Kelley Realty Listed on: 10/19/2014

Last Buyer's Agent

John Heinlein

Blue Ridge Realty & Inv. - Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $791

Year Built

  • Built in 1974

Lot Details

  • 0.55 Acre Lot
  • Southern Exposure
  • Zoning described as Other-See Remarks

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Stone

Interior Spaces

  • 1,933 Sq Ft Home
  • 1 Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Open Patio

Schools

  • Banner Elk Elementary School

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1859 09 15 6453

Home Details

Home Type

Single Family

Est. Annual Taxes

$791

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Above Grade Finished Sq Ft: 1933.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1974
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20

Interior Features

  • Appliances: Other, See Remarks
  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1933.0

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone
  • Exterior Features: Other, See Remarks, Gravel Driveway
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Heating: Other, See Remarks
  • Sewer: Other, See Remarks
  • Water Source: Other, See Remarks

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1859 09 15 6453
  • Zoning Description: Other-See Remarks
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 791.0
  • Tax Book Number: 337/970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2014
Closed on
Jun 5, 2015
Sold by
Bank Of New York Mellon
Bought by
Korker Christie Jo and Korker Courtland Todd
Seller's Agent
Lawrence Kelley
Kelley Realty
Buyer's Agent
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
List Price
$93,500
Sold Price
$93,500
Current Estimated Value
$860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,500
Avg. Annual Appreciation
23.83%

Purchase Details

Closed on
Aug 19, 2014
Sold by
Holmstrom Thomas E and Holmstrom Elizabeth Deann
Bought by
Bank Of New York Mellon
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
Korker Christie Jo $93,500 None Available
Bank Of New York Mellon $145,880 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2015 06/05/15 Sold $93,500 0.0% $48 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
10/19/2014 10/19/14 For Sale $93,500 -- $48 / 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 $2,552 $603,000 $32,000 $571,000
2023 $2,416 $603,000 $32,000 $571,000
2022 $2,416 $603,000 $32,000 $571,000
2021 $2,235 $405,400 $19,200 $386,200
2020 $2,235 $405,400 $19,200 $386,200
2019 $2,236 $405,400 $19,200 $386,200
2018 $2,230 $405,400 $19,200 $386,200
2017 $1,046 $190,100 $0 $0
2016 $850 $190,100 $0 $0
2015 $679 $151,800 $8,300 $143,500
2012 -- $218,400 $19,300 $199,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lawrence Kelley

    Kelley Realty

    (828) 496-8861

    1 in this area

    35 Total Sales

    Lawrence Kelley
    Section Image
  • John Heinlein

    Buyer's Agent in 2015

    John Heinlein

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    65 in this area

    113 Total Sales

    John Heinlein
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 188137

High Country Association of REALTORS®

APN: 1859-09-15-6453-00000

North Carolina Avery County Banner Elk 28604

144 Gilliam Rd, Banner Elk, NC

This home is located at 144 Gilliam Rd, Banner Elk, NC 28604 since 19 October 2014 and is currently estimated at $860,000, approximately $444 per square foot. This property was built in 1974. 144 Gilliam Rd is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry 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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