NOT LISTED FOR SALE

147 Cherry Tree Ln Banner Elk, NC 28604

Estimated Value: $482,214 - $552,000

2 Beds
2 Baths
1,382 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2019

Last sale price $278,000 $201 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,904 / mo

8 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Attic
  • Valle Crucis Elementary School Rated A-
  • Mountain Architecture
  • Furnished

About This Home

As of November 2019

Imagine yourself in this charming cabin! With its easy access and central location between Boone and Banner Elk, this immaculate home comes tastefully furnished to make for a completely turnkey investment. Enjoy the surrounding mountains from multiple covered porches and over an acre of flat yard. A stone's throw away from the world class fishing and beauty of the Watauga River, a half mile away from Grandfather Vineyard and Winery, and close to restaurants, snow tubing and skiing. Come fall in love with this property today and make this well loved cabin your home!

Last Agent to Sell the Property

David Davis

Keller Williams High Country Listed on: 09/30/2019

Keller Williams High Country

Co-Listed By

Tara Davis

Keller Williams High Country

Last Buyer's Agent

Lisa Steinbacher

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 2008

Lot Details

  • 1.04 Acre Lot
  • Home fronts a stream
  • Property fronts a private road

Home Design

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

Interior Spaces

  • 1,382 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Window Screens
  • Mountain Views
  • Crawl Space
  • Attic

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 1
  • Assessor Parcel Number 1878536090000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 2008

Lot Details

1.04 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Phone: (828) 386-1086
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1382.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Furnished, Vaulted Ceiling(s)
  • Living Area: 1382.0
  • Stories: 2
  • Window Features: Double Pane Windows, Screens, Wood Frames

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878536090000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1023.6
  • Tax Book Number: 1434/406
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 6, 2019
Sold by
Bought by
Seller's Agent
David Davis
Keller Williams High Country
Buyer's Agent
Lisa Steinbacher
EXP Realty LLC
List Price
$278,000
Sold Price
$278,000
Current Estimated Value
$516,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,554
Avg. Annual Appreciation
9.83%
Original Mortgage
$250,200
Outstanding Balance
$219,156
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$297,398

Purchase Details

Closed on
Mar 27, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$278,000 None Available
$245,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,200
Previous Owner $196,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $278,000 0.0% $201 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $278,000 -- $201 / Sq Ft
Source: High Country Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,270 $313,900 $21,200 $292,700
2024 $13 $313,900 $21,200 $292,700
2023 $1,235 $313,900 $21,200 $292,700
2022 $1,235 $313,900 $21,200 $292,700
2021 $1,024 $208,300 $20,200 $188,100
2020 $1,024 $208,300 $20,200 $188,100
2019 $1,024 $208,300 $20,200 $188,100
2018 $919 $208,300 $20,200 $188,100
2017 $919 $208,300 $20,200 $188,100
2013 -- $195,500 $20,200 $175,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Davis

    Keller Williams High Country

    (828) 719-7573

    9 in this area

    64 Total Sales

    David Davis
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Tara Davis

    Keller Williams High Country

    (828) 719-5349

    8 in this area

    63 Total Sales

    Tara Davis
    Section Image

  • L

    Buyer's Agent in 2019

    Lisa Steinbacher

    EXP Realty LLC

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 218100

High Country Association of REALTORS®

APN: 1878-53-6090-000

North Carolina Watauga County Banner Elk 28604

147 Cherry Tree Ln, Banner Elk, NC

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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