NOT LISTED FOR SALE

1515 Spice Bottom Trail Banner Elk, NC 28604

Estimated Value: $600,000 - $758,725

3 Beds
2 Baths
2,119 Sq Ft
$331/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $495,000 $234 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,965/month

Highlights

  • Gated Community
  • 1.89 Acre Lot
  • Wood Burning Stove
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Partially Wooded Lot

About This Home

As of November 2017

Peaceful and tucked away with privacy and long-range mountain views, this three-bedroom, two-bath home is full of character. Built in 2004, it has recently undergone a complete renovation with an addition. The must-see home boasts new features and updates that make it a beautifully unique mountain retreat both inside and out. The kitchen has stainless steel appliances, a massive granite island with oversized Kohler sink and a walk-in pantry with sliding shelves. Other features include a high-efficiency propane furnace, tankless propane water heater, encapsulated crawlspace that stays a consistent 68 degrees, commercial dehumidifier, roof installed in 2017, WE Cork floors throughout the main level with a rustic barnyard design that is quiet, durable and warm. There is also an interior loft/stairs with stainless cables and bark rod railing, Adirondack-style post and beam with locally milled beams, carpet throughout, modern master bath with heated ceramic tile, pebble shower floor with sliding barn door, Cape Cod large window, a wood stove and a chimney. The rock feature wall is backdrop for wood stove/pantry, screened-in porch, custom cedar/locust bar, firepit and more.

Last Agent to Sell the Property

Amy Pepin

Premier Sotheby's International Realty- Banner Elk Listed on: 09/01/2017

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Ben Mckay

Howard Hanna Allen Tate Realto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,107

Year Built

  • Built in 2004

Lot Details

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

HOA Fees

  • $50 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,119 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Screened Patio

Schools

  • Valle Crucis Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Gated Community

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1877681285000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,107

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.89
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Above Grade Finished Sq Ft: 2119.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2119.0
  • Stories: 2

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Shake Siding, Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Screened
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 600.0
  • Association Fee Frequency: Annually

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1877681285000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1106.56
  • Tax Book Number: 1745/738
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 3, 2017
Sold by
Mckeown Jeffrey Daniel and Mckeown Karen T
Bought by
Balmat Kevin M and Balmat Caryl
Seller's Agent
Amy Pepin
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Ben Mckay
Howard Hanna Allen Tate Realto
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$701,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,431
Avg. Annual Appreciation
4.51%
Original Mortgage
$396,000
Outstanding Balance
$332,354
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$369,077

Purchase Details

Listed on
Jun 20, 2013
Closed on
Mar 13, 2014
Sold by
Quigley Sean W and Quigley Lynne C
Bought by
Mckeown Jeffrey Daniel and Mckeown Karen T
Seller's Agent
Chad Vincent
Berkshire Hathaway HomeServices Vincent Properties
Buyer's Agent
Chad Vincent
Berkshire Hathaway HomeServices Vincent Properties
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$318,250
Interest Rate
4.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Balmat Kevin M $495,000 None Available
Mckeown Jeffrey Daniel $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balmat Kevin M $396,000
Previous Owner Mckeown Jeffrey Daniel $318,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2017 11/09/17 Sold $495,000 0.0% $234 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $495,000 +47.8% $234 / Sq Ft
03/13/2014 03/13/14 Sold $335,000 0.0% $202 / Sq Ft View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
06/20/2013 06/20/13 For Sale $335,000 -- $202 / 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 $2,168 $561,200 $130,900 $430,300
2023 $2,145 $561,200 $130,900 $430,300
2022 $2,145 $561,200 $130,900 $430,300
2021 $1,361 $282,800 $68,900 $213,900
2020 $1,361 $282,800 $68,900 $213,900
2019 $1,361 $282,800 $68,900 $213,900
2018 $1,220 $282,800 $68,900 $213,900
2017 $1,220 $282,800 $68,900 $213,900
2013 -- $289,100 $68,900 $220,200
Source: Public Records

Agents Affiliated with this Home

  • Amy Pepin

    Seller's Agent in 2017

    Amy Pepin

    Premier Sotheby's International Realty- Banner Elk

    (828) 898-3251

    38 in this area

    88 Total Sales

    Amy Pepin
    Section Image

  • B

    Buyer's Agent in 2017

    Ben Mckay

    Howard Hanna Allen Tate Realto

    (917) 669-3064

    17 in this area

    90 Total Sales

    Ben Mckay
    Section Image
  • Chad Vincent

    Seller's Agent in 2014

    Chad Vincent

    Berkshire Hathaway HomeServices Vincent Properties

    (828) 268-1986

    23 in this area

    240 Total Sales

    Chad Vincent
    Section Image
  • Jay Vincent

    Seller Co-Listing Agent in 2014

    Jay Vincent

    Berkshire Hathaway HomeServices Vincent Properties

    (828) 295-0707

    26 in this area

    256 Total Sales

    Jay Vincent
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 203403

High Country Association of REALTORS®

APN: 1877-68-1285-000

North Carolina Watauga County Banner Elk 28604

1515 Spice Bottom Trail, Banner Elk, NC

This home is located at 1515 Spice Bottom Trail, Banner Elk, NC 28604 since 01 September 2017 and is currently estimated at $701,431, approximately $331 per square foot. This property was built in 2004. 1515 Spice Bottom Trail 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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