1697 Balm Hwy Banner Elk, NC 28604
Estimated payment $2,769/month
Total Views
8,340
4
Beds
3
Baths
2,864
Sq Ft
$168
Price per Sq Ft
Highlights
- Water Views
- 1.42 Acre Lot
- Mountainous Lot
- Banner Elk Elementary School Rated A-
- Dining Room with Fireplace
- No HOA
About This Home
1697 Balm Highway is a beautiful mountain retreat offering both privacy & stunning views. Situated on a 1.42-acre lot with breathtaking mountain vistas, this home features Shawneehaw Creek running along the back of the property, enhancing its tranquil atmosphere. The main level includes a gorgeous kitchen, perfect for everyday living & entertaining. Relax in the spacious sunroom, which is heated & cooled for year-round comfort. The primary bedroom features a private deck with mountain views, & the back deck provides the perfect spot to enjoy the surrounding nature. Stay warm & cozy with 4 fireplaces throughout the home - 1 wood-burning and 3 propane. The fully finished basement, with a separate entrance, includes a full kitchen, 1 bedroom, a living room, & a bathroom, offering the perfect opportunity for guests or even as an Airbnb rental. This property is an ideal full-time residence or vacation home, with easy access to nearby ski resorts, Boone, & Appalachian State University.
Listing Agent
Jeff Cook Real Estate LPT Realty License #311201 Listed on: 03/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,411
Year Built
- Built in 1960
Lot Details
- 1.42 Acre Lot
- Lot Dimensions are 113 x 98 x 188 x 142 x 176 x 110 x 166 x 266
- Mountainous Lot
Parking
- Driveway
Property Views
- Water
- Mountain
Home Design
- Wood Siding
Interior Spaces
- 2,864 Sq Ft Home
- Property has 1 Level
- Living Room with Fireplace
- Dining Room with Fireplace
- 4 Fireplaces
- Finished Basement
- Fireplace in Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Central Air
- Cooling System Mounted In Outer Wall Opening
- Heat Pump System
- Heating System Uses Wood
- Heating System Uses Propane
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 18690303124100000
- 0% Total Tax Rate
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $1,478 | $352,700 | $72,800 | $279,900 |
| 2022 | $0 | $352,700 | $72,800 | $279,900 |
| 2021 | $1,478 | $256,400 | $50,900 | $205,500 |
| 2020 | $1,478 | $256,400 | $50,900 | $205,500 |
| 2019 | $1,474 | $254,600 | $50,900 | $203,700 |
| 2018 | $1,474 | $254,600 | $50,900 | $203,700 |
| 2017 | $1,506 | $257,500 | $0 | $0 |
| 2016 | $1,225 | $257,500 | $0 | $0 |
| 2015 | $1,225 | $257,500 | $50,900 | $206,600 |
| 2012 | -- | $338,000 | $90,000 | $248,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $480,000 | -1.0% | $168 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $485,000 | -2.0% | $169 / Sq Ft |
| 03/10/2025 03/10/25 | For Sale | $495,000 | -- | $173 / Sq Ft |
Source: Triad MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | None Available | |
| Warranty Deed | $276,500 | None Available | |
| Warranty Deed | $340,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $80,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Banner Elk, NC
Source: Triad MLS
MLS Number: 1172970
APN: 1869-03-03-1241-00000
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