NOT LISTED FOR SALE

159 Restful Way Banner Elk, NC 28604

Estimated Value: $906,683 - $1,108,000

3 Beds
3.5 Baths
2,966 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 06, 2012

Last sale price $385,000 $130 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $5,570/month

Highlights

  • Mountain View
  • Wooded Lot
  • 2 Fireplaces
  • Valle Crucis Elementary School Rated A-
  • Mountain Architecture
  • Covered Patio or Porch

About This Home

As of March 2012

New mountain home in gated community. 3 bedrooms, 3 full baths and 1 half bath. Two living rooms, two fireplaces, dining area, pantry and laundry room. Large covered deck on main level and tiled screen porch on lower level. Wood floors on main level. Granite and tile throughout. Beautiful wood detailing. Views. A must see for the most discriminating buyer.

Last Agent to Sell the Property

Maurice Williams

Premier Sotheby's Int'l Realty Listed on: 05/13/2009

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,259

Year Built

  • Built in 2009

Lot Details

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

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Masonry
  • Stone

Interior Spaces

  • 2 Fireplaces
  • Double Pane Windows
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Gas Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1879-42-0321-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,259

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 274
  • Co List Office Phone: (828) 295-0776
  • Above Grade Finished Sq Ft: 1630.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 2009
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1336.0
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2966.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Masonry, Stone, Wood Siding
  • Exterior Features: Other, See Remarks
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Screened
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Other, See Remarks

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Other, Private Sewer, See Remarks
  • Utilities: Cable Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1879-42-0321-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1397/443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2018
Sold by
Sauter David A and Sauter Heather L
Bought by
Sauter David A
Current Estimated Value
$1,014,171

Purchase Details

Listed on
May 13, 2009
Closed on
Mar 6, 2012
Sold by
Falling Waters At Valle Crucis Llc
Bought by
Sauter David A and Sauter Heather L
Seller's Agent
Maurice Williams
Premier Sotheby's Int'l Realty
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$296,000
Outstanding Balance
$204,588
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$809,583
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
Sauter David A -- None Available
Sauter David A $385,000 None Available
Sauter David A $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sauter David A $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2012 03/06/12 Sold $385,000 0.0% $130 / Sq Ft
02/05/2012 02/05/12 Pending -- -- --
05/13/2009 05/13/09 For Sale $385,000 -- $130 / 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 $2,259 $585,800 $75,500 $510,300
2023 $2,236 $585,800 $75,500 $510,300
2022 $2,236 $585,800 $75,500 $510,300
2021 $1,987 $421,000 $75,500 $345,500
2020 $1,987 $421,000 $75,500 $345,500
2019 $1,987 $421,000 $75,500 $345,500
2018 $1,777 $421,000 $75,500 $345,500
2017 $1,777 $421,000 $75,500 $345,500
2013 -- $371,700 $101,000 $270,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 83986

High Country Association of REALTORS®

APN: 1879-42-0321-000