NOT LISTED FOR SALE

165 Leighway Ln Banner Elk, NC 28604

Estimated Value: $962,000 - $1,406,000

4 Beds
3 Baths
3,740 Sq Ft
$327/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $410,000 $110 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $6,827/month

447 Days on Market

Highlights

  • 4 Acre Lot
  • Mountain View
  • Wood Flooring
  • Valle Crucis Elementary School Rated A-
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of April 2019

Great 4BR/3BA, 3740 SgFt Mountain Home on 4 acres with views, pasture and stream. Home features s.s. appliances, zodiac counter tops, hardwood floors, Rinnai tankless water heater, generator, 2 gas fireplaces, spacious rooms, Master Suite on main level, Family Room, Game Room, office, walk-in pantry & many more custom features. Outside has a large covered deck, fenced yard, heated 720sq.ft. workshop, 2-Car Garage. Located near the original Mast General Store and Watauga River.

Last Agent to Sell the Property

Jason Eldreth

A Plus Realty & Investments License #283438 Listed on: 01/15/2018

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,040

Year Built

  • Built in 2004

Lot Details

  • 4 Acre Lot
  • Fenced Front Yard
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,740 Sq Ft Home
  • 2-Story Property
  • Paneling
  • 2 Fireplaces
  • Gas Log Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Home Office
  • Recreation Room
  • Bonus Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Valle Crucis Elementary School

Farming

  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Power Generator
  • Shared Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1980-66-2608-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,040

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Directions: Hwy 321 S from Mt City to Boone NC, R on Hwy. 105 S. to R on Baird's Creek Rd., 1.5 miles bear Left on Dewitt Barnett Rd., 1 mile to Leighway Ln. on Left, first home on Left.
  • Prop. Type: Residential
  • Year Built: 2004
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 4.0
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Valle Crucis
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Out Of Area
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: 3.995 Acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3740.0
  • General Property Description Above Grade SqFt: 3740.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 1980-66-2608-000
  • General Property Description # Fireplaces: 2
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • View Mountain(s): Yes
  • TopographyLot Description Pasture2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Available: Yes
  • Other Rooms Bonus Room3: Yes
  • Walls Paneling: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Other Structures Storage2: Yes
  • RoofAsphalt: Yes
  • Fencing Front Yard: Yes
  • Other Rooms Recreation Room: Yes
  • Water Shared Well2: Yes
  • Levels:Two: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Other Equipment Generator: Yes
  • Special Features: None

Interior Features

  • Other Equipment: Generator
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Primary Downstairs, Pantry, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Brick, Gas Log
  • Fireplaces: 2
  • Total Bedrooms: 14
  • General Property Description Baths - Full: 3
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Brick3: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Asphalt
  • Other Structures: Outbuilding, Shed(s), Storage
  • View: Mountain(s)
  • Fencing: Front Yard
  • Acres: 4.0
  • Topography: Pasture
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered
  • Exterior Finish Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes

Garage/Parking

  • Parking Features: Detached, Gravel
  • Sq Ft DetailsGarageDetachedSq Ft: 720
  • Sq Ft DetailsGarageTotalSq Ft: 1120
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Out Of Area
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 3.995 Acres
  • Lot Size Sq Ft: 174240.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1980-66-2608-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Apr 8, 2019
Sold by
Luppino Michael E and Einsteder Debbie
Bought by
Torgerson William and Torgerson Megan
Seller's Agent
Jason Eldreth
A Plus Realty & Investments
Buyer's Agent
Non Member
Non Member
List Price
$499,900
Sold Price
$410,000
Premium/Discount to List
-$89,900
-17.98%
Current Estimated Value
$1,224,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,276
Avg. Annual Appreciation
18.33%
Original Mortgage
$328,000
Outstanding Balance
$288,951
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$935,325

Purchase Details

Closed on
Nov 1, 2005
Sold by
Smith James B and Smith Mary Alice
Bought by
Luppino Michael E and Einsteder Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Torgerson William $410,000 None Available
Luppino Michael E $535,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torgerson William $328,000
Previous Owner Luppino Michael E $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $410,000 -18.0% $110 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
01/15/2018 01/15/18 For Sale $499,900 -- $134 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $4,040 $1,069,800 $70,000 $999,800
2023 $4,017 $1,069,800 $70,000 $999,800
2022 $4,017 $1,069,800 $70,000 $999,800
2021 $2,687 $575,600 $70,000 $505,600
2020 $2,687 $575,600 $70,000 $505,600
2019 $2,687 $575,600 $70,000 $505,600
2018 $2,400 $575,600 $70,000 $505,600
2017 $2,400 $575,600 $70,000 $505,600
2013 -- $554,500 $70,000 $484,500
Source: Public Records

Agents Affiliated with this Home

  • Jason Eldreth

    Seller's Agent in 2019

    Jason Eldreth

    A Plus Realty & Investments

    (828) 297-1000

    7 in this area

    114 Total Sales

    Jason Eldreth
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    Non Member

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 401305

Tennessee/Virginia Regional MLS

APN: 1980-66-2608-000

North Carolina Watauga County Banner Elk 28604

165 Leighway Ln, Banner Elk, NC

This home is located at 165 Leighway Ln, Banner Elk, NC 28604 since 15 January 2018 and is currently estimated at $1,224,276, approximately $327 per square foot. This property was built in 2004. 165 Leighway Ln is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

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