NOT LISTED FOR SALE

151 Crest Rd Banner Elk, NC 28604

Estimated Value: $407,000 - $627,000

2 Beds
1 Bath
1,320 Sq Ft
$371/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $185,000 $140 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,692/month

Highlights

  • River Access
  • Spa
  • Wood Burning Stove
  • Valle Crucis Elementary School Rated A-
  • River View
  • Stream or River on Lot

About This Home

As of December 2015

Well maintained, very cool Log Cabin features Common Area Access along the Watauga River! Blue Ridge Mountains, Located in the heart of Valle Crucis, centrally located to Boone & Banner Elk and offers easy year round access. There is a spacious living room with vaulted ceilings, built-in bookcases, wood stove & access to the loft by ladder, which doubles as a second bedroom (15ft X 12ft). The master bedroom is on the main level with gorgeous wood floors, wood ceilings and beams. The lower level has a large eat-in kitchen, laundry and full bath with walk in stone shower. Lower level has windows throughout providing natural sunlight = just as upstairs. The lower level you has a 30 foot long deck with hot tub with a Great flat yard and an additional outbuilding and firepit! This property is a true gem and a great value! The home has been in a short term rental program and is a fantastic rental property ($20,000+ in last 12 months)- IT PAYS FOR ITSELF! MUST SEE PROPERTY! Like to Fish? This property Allows Use of Common Area along the Watauga River with Gazebo and Fishing on the Watauga.

Last Agent to Sell the Property

Michael Parkinson

Keller Williams High Country Listed on: 04/01/2015

Keller Williams High Country

Co-Listed By

Samantha Benfield

Keller Williams High Country

Last Buyer's Agent

Michael Parkinson

Keller Williams High Country Listed on: 04/01/2015

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $679

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Zoning described as Deed Restrictions,Residential,Subdivision

Property Views

  • River
  • Mountain

Home Design

  • Mountain Architecture
  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Spa
  • River Access
  • Stream or River on Lot
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 14
  • Assessor Parcel Number 1980-43-5073-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$679

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 3728
  • Co List Office Phone: (828) 386-1086
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: No
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Gas Range, Microwave Hood Fan, Microwave, Refrigerator
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 600.0
  • Fireplace Features: Masonry, Wood Burning
  • Fireplace: Yes
  • Living Area: 1320.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s), River
  • View: Yes
  • Waterfront Features: River Access
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Hot Tub/Spa, Out Building(s), Gravel Driveway
  • Foundation Details: Basement
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Propane, Other, See Remarks, Wood Stove
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 2 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1980-43-5073-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 678.59
  • Tax Book Number: 1468/563
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Dec 16, 2015
Sold by
Humphrey Theodore H and Humphrey Gail O
Bought by
Mazzoll Marilyn Sue and Holmes Byron
Seller's Agent
Michael Parkinson
Keller Williams High Country
Buyer's Agent
Michael Parkinson
Keller Williams High Country
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$489,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,337
Avg. Annual Appreciation
10.45%
Original Mortgage
$129,500
Outstanding Balance
$79,016
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$410,321
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
Mazzoll Marilyn Sue $185,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazzoll Marilyn Sue $129,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $185,000 0.0% $140 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $185,000 -- $140 / 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 $1,176 $291,700 $26,600 $265,100
2023 $1,153 $291,700 $26,600 $265,100
2022 $1,153 $291,700 $26,600 $265,100
2021 $827 $164,900 $26,600 $138,300
2020 $827 $164,900 $26,600 $138,300
2019 $827 $164,900 $26,600 $138,300
2018 $745 $164,900 $26,600 $138,300
2017 $745 $164,900 $26,600 $138,300
2013 -- $163,500 $26,600 $136,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 190501

High Country Association of REALTORS®

APN: 1980-43-5073-000