NOT LISTED FOR SALE

146 Payton Ln Elk Park, NC 28622

Estimated Value: $299,000 - $466,000

2 Beds
1 Bath
896 Sq Ft
$429/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $333,000 $372 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,119/month

18 Days on Market

Highlights

  • Spa
  • Mountain Architecture
  • No HOA
  • Mountain View
  • Furnished
  • Covered patio or porch

About This Home

As of December 2021

Nestled under a magnificent canopy of maple, oak and poplar trees on the outskirts of Banner Elk is a new-to-market, charming cabin getaway with unsuspecting mountain views. Spend spectacular sunsets enjoying the fresh mountain air while sipping blackberry sangria from the bubbling comfort of your private jacuzzi. This meticulously kept second-home is being offered fully-furnished, including high-end, rustic accents, maple furniture, hardwood floors, hand forged steel pot rack and barn red distressed cabinetry. Even the kitchen island is a piece of local history crafted from wormy-chestnut planks sourced from the 1881 General Store at Grandfather Mtn. Outside you'll find wooden rockers, a wood-burning fire pit, cornhole boards and stone propane heater for those cool nights gazing at the stars. There’s also a fenced-in area for your furry friends. Fruitful blackberry vines and beautiful rock outcroppings greet you along the gravel drive. This is the home-away-from-home you've been searching for. Just minutes away from Beech/Sugar Ski Mtns, Boone, TN and local wineries that'll keep you stocked for all of life's special moments. This must-see cabin & turnkey property won't last long!

Last Agent to Sell the Property

Michelle Griffin

High Country Resort Properties Listed on: 11/09/2021

Last Buyer's Agent

Michelle Griffin

High Country Resort Properties Listed on: 11/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $658

Year Built

  • Built in 2003

Lot Details

  • 0.56 Acre Lot
  • Property fronts a private road

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Metal Roof
  • Stone

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Mountain Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Spa
  • Covered patio or porch

Schools

  • Freedom Trail Elementary School
  • Cranberry Middle School
  • Avery County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association
  • Otherseeremarks Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1839-00-52-2799-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$658

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: OtherSeeRemarks
  • Above Grade Finished Sq Ft: 896.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Furnished, Hot Tub/Spa
  • Living Area: 896.0
  • Stories: 1

Exterior Features

  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Frame
  • Exterior Features: Hot Tub/Spa
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel, No Garage, Shared Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Propane
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Freedom Trail
  • High School: Avery County
  • Middle Or Junior School: Cranberry

Lot Info

  • Parcel #: 1839-00-52-2799-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 658.35
  • Tax Book Number: 480/1092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
Parrella Kevin M and Parrella Valerie M
Bought by
Parrella Family Revocable Trust and Parrella
Total Days on Market
18
Current Estimated Value
$384,050

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 22, 2021
Sold by
Provines Steve D and Provines Jill L
Bought by
Parrella Kevin M and Parrella Valerie M
Seller's Agent
Michelle Griffin
High Country Resort Properties
Buyer's Agent
Michelle Griffin
High Country Resort Properties
List Price
$333,000
Sold Price
$333,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Aug 9, 2007
Sold by
Holmstrom Thomas Edwin and Holmstrom Deann M
Bought by
Kangas Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.65%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Parrella Family Revocable Trust -- None Listed On Document
Parrella Family Revocable Trust -- None Listed On Document
Parrella Kevin M $333,000 None Available
Kangas Barbara L $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Provines Steve D $108,000
Previous Owner Kangas Barbara L $185,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $333,000 0.0% $372 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $333,000 -- $372 / 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
2023 $972 $242,900 $22,500 $220,400
2022 $0 $242,900 $22,500 $220,400
2021 $658 $119,700 $12,700 $107,000
2020 $658 $119,700 $12,700 $107,000
2019 $658 $119,700 $12,700 $107,000
2018 $658 $119,700 $12,700 $107,000
2017 $684 $124,400 $0 $0
2016 $556 $124,400 $0 $0
2015 $556 $124,400 $12,700 $111,700
2012 -- $139,300 $18,200 $121,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 234313

High Country Association of REALTORS®

APN: 1839-00-52-2799-00000