NOT LISTED FOR SALE

17 Green Ridge Ln Banner Elk, NC 28604

Estimated Value: $1,427,000 - $2,109,000

4 Beds
5.5 Baths
5,132 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $2,200,000 $429 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $9,592/month

103 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Furnished
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • 2 Car Attached Garage

About This Home

As of July 2023

Luxurious & Quailty built mountain estate nestled within the Glens of Grandfather just minutes to the Profile Trail at the base of Grandfather Mountain. This stunning 5000+ sq ft home has a total of 4 en-suite bedrooms, 5.5 bathroooms, 4 fireplaces, a full bar with den, outdoor dining space & beautiful grounds complete with waterfall/stream feature & firepit. Enter into the great room with vaulted ceiling & gorgeous stacked stone fireplace. Spacious kitchen with high end cabinetry & granite, Viking appliances, large custom pantry & two dining areas. The primary bedroom is on the main floor & has a fireplace & sitting area. Upstairs are 3 en-suites one of which could be used as a playroom/gym - it is HUGE & above the 2 car garage. The basement has a cozy den with stately bar, two bonus rooms, 5th full bath & a large storage/mechincal room. Plenty of outdoor decking with a great mountain view & outdoor fireplace perfect for entertaining! The grounds are beautifully lanscaped, offering privacy & space to play/relax outside. Just minutes from Tynecastle Shopping, Sugar Mountain & downtown Banner Elk.. this property offers a great location & easy access. Furnished less exceptions.

Last Agent to Sell the Property

Samantha Benfield

Keller Williams High Country Listed on: 04/01/2023

Keller Williams High Country

Co-Listed By

Molly Osborne

Keller Williams High Country

Last Buyer's Agent

Alaina Farthing

The Summit Group Of The Carolinas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,472

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Home fronts a stream
  • Property fronts a private road

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Fire Pit

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Shared Well
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1867-02-76-7778-00000

Community Details

Overview

  • Glens Of Grandfather Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,472

Year Built

Built in 2007

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Phone: (828) 386-1086
  • Subdivision Name: Glens Of Grandfather
  • Above Grade Finished Sq Ft: 3519.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 386-1086
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1613.0
  • Fireplace Features: Gas, Other, See Remarks, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Furnished, Vaulted Ceiling(s)
  • Living Area: 5132.0
  • Stories: 2

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Fire Pit, Paved Driveway
  • Foundation Details: Basement
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Car Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Trails/Paths, Long Term Rental Allowed
  • Association Fee: 1100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1867-02-76-7778-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4472.0
  • Tax Book Number: 515/205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Jul 14, 2023
Sold by
Pitman Kenneth and Pitman Rosanne
Bought by
Argo Trust and Swearingin
Seller's Agent
Samantha Benfield
Keller Williams High Country
Buyer's Agent
Alaina Farthing
The Summit Group Of The Carolinas
List Price
$2,395,000
Sold Price
$2,200,000
Premium/Discount to List
-$195,000
-8.14%
Views
63
Current Estimated Value
$1,731,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$468,207
Avg. Annual Appreciation
-9.64%

Purchase Details

Listed on
Jul 6, 2017
Closed on
Dec 13, 2017
Sold by
Saunders Christopher C and Saunders Idelle H
Bought by
Pitman Kenneth and Pitman Rosanne
Seller's Agent
Lawson Fields
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Samantha Benfield
Keller Williams High Country
List Price
$985,000
Sold Price
$985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%

Purchase Details

Closed on
Dec 12, 2007
Sold by
E & K Construction Co Inc
Bought by
Saunders Christopher C and Saunders Idelle H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Argo Trust $2,200,000 None Listed On Document
Argo Trust $2,200,000 None Listed On Document
Pitman Kenneth $985,000 None Available
Saunders Christopher C $1,352,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saunders Christopher C $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $2,200,000 -8.1% $429 / Sq Ft
04/01/2023 04/01/23 For Sale $2,395,000 +143.1% $467 / Sq Ft
12/14/2017 12/14/17 Sold $985,000 0.0% $189 / Sq Ft View Prior Sale
11/14/2017 11/14/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $985,000 -- $189 / 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 $4,472 $1,118,100 $250,000 $868,100
2023 $4,472 $1,118,100 $250,000 $868,100
2022 $4,472 $1,118,100 $250,000 $868,100
2021 $4,123 $749,700 $100,000 $649,700
2020 $4,123 $749,700 $100,000 $649,700
2019 $4,123 $749,700 $100,000 $649,700
2018 $4,123 $749,700 $100,000 $649,700
2017 $5,547 $1,008,500 $0 $0
2016 $4,510 $1,008,500 $0 $0
2015 $4,510 $1,008,500 $125,000 $883,500
2012 -- $940,800 $125,000 $815,800
Source: Public Records

Agents Affiliated with this Home

  • Samantha Benfield

    Seller's Agent in 2023

    Samantha Benfield

    Keller Williams High Country

    (828) 406-4110

    20 in this area

    117 Total Sales

    Samantha Benfield
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Molly Osborne

    Keller Williams High Country

    (985) 264-9402

    1 in this area

    15 Total Sales

    Molly Osborne
    Section Image

  • A

    Buyer's Agent in 2023

    Alaina Farthing

    The Summit Group Of The Carolinas

    (828) 964-6384

    18 in this area

    44 Total Sales

    Alaina Farthing
    Section Image
  • Lawson Fields

    Seller's Agent in 2017

    Lawson Fields

    Premier Sotheby's International Realty- Banner Elk

    (828) 387-1668

    35 in this area

    80 Total Sales

    Lawson Fields
    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Sarah Whitfield

    Premier Sotheby's International Realty- Banner Elk

    (828) 260-2929

    36 in this area

    84 Total Sales

    Sarah Whitfield
    Section Image
  • Michael Parkinson

    Buyer Co-Listing Agent in 2017

    Michael Parkinson

    Keller Williams High Country

    (704) 892-5518

    4 in this area

    28 Total Sales

    Michael Parkinson
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 242664

High Country Association of REALTORS®

APN: 1867-02-76-7778-00000

North Carolina Avery County Banner Elk 28604

17 Green Ridge Ln, Banner Elk, NC

Not Listed for Sale

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