NOT LISTED FOR SALE

1729 Spice Bottom Trail Banner Elk, NC 28604

Estimated Value: $603,000 - $709,000

3 Beds
2 Baths
1,887 Sq Ft
$350/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $615,000 $326 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,748/month

Highlights

  • Near a National Forest
  • Furnished
  • Cooling System Mounted To A Wall/Window
  • Valle Crucis Elementary School Rated A-
  • Log Cabin
  • Forced Air Heating System

About This Home

As of February 2023

Welcome to Mt. Ever-Rest! Enjoy this peaceful, tranquil getaway. Enjoy time on the deck over looking the mountains and clouds with year-round, long range views. Conveniently located between Banner Elk and Boone, this is the perfect spot whether you want seclusion or in-town activities. Rustic timbers and exposed beams gives this home a unique, cozy & welcoming touch. Currently used as a vacation rental. Rent this out, or enjoy this as your home.

Last Agent to Sell the Property

Tyler Coon

EXP Realty LLC Listed on: 12/02/2022

EXP Realty LLC

Last Buyer's Agent

Karen Barker

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,952

Year Built

  • Built in 1991

Lot Details

  • 1 Acre Lot
  • Property fronts a private road

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Log Cabin
  • Shingle Roof
  • Architectural Shingle Roof
  • Log Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Finished Basement

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Watauga High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Sewer Applied For Permit

Community Details

  • Spice Branch At Grandfather Subdivision
  • Near a National Forest

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1877577729000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,952

Year Built

Built in 1991

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Spice Branch At Grandfather
  • Above Grade Finished Sq Ft: 1220.0
  • Architectural Style: Log Home, Modular/Prefab
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1991
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 667.0
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1887.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Log, Stucco
  • Foundation Details: Basement
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas, Hot Water, Propane, Wood
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Near National Forest, Short Term Rental Allowed
  • Association Fee: 875.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Watauga

Lot Info

  • Parcel #: 1877577729000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1952.0
  • Tax Book Number: 2213/765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jan 26, 2023
Sold by
Marut Cristina and Marut Michael
Bought by
Curran Martin C and Curran Eliisa C
Seller's Agent
Tyler Coon
EXP Realty LLC
Buyer's Agent
Karen Barker
Premier Sotheby's Int'l Realty
List Price
$600,000
Sold Price
$615,000
Premium/Discount to List
$15,000
2.5%
Views
78
Current Estimated Value
$660,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,468
Avg. Annual Appreciation
2.71%
Original Mortgage
$461,250
Outstanding Balance
$446,620
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$213,848

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 26, 2021
Sold by
Keller Jeffery D and Keller Jennifer P
Bought by
Marut Michael and Marut Cristina
Seller's Agent
Dallas Handy Instagram 16 Contac
Realty One Group Results-Boone
Buyer's Agent
Tara Davis
Keller Williams High Country
List Price
$508,000
Sold Price
$508,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$404,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2015
Closed on
Dec 22, 2015
Sold by
Guest Ronnie W and Guest Joan T
Bought by
Keller Jeffery D and Keller Jennifer P
Seller's Agent
Stephen Mcdaniel
Fathom Realty NC LLC
Buyer's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$202,900
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Curran Martin C $615,000 --
Marut Michael $508,000 None Available
Keller Jeffery D $290,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curran Martin C $461,250
Previous Owner Marut Michael $404,000
Previous Owner Keller Jeffery D $202,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2023 02/06/23 Sold $615,000 +2.5% $326 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $600,000 +18.1% $318 / Sq Ft
08/17/2021 08/17/21 Sold $508,000 0.0% $269 / Sq Ft View Prior Sale
07/18/2021 07/18/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $508,000 +75.2% $269 / Sq Ft
12/30/2015 12/30/15 Sold $290,000 0.0% $161 / Sq Ft View Prior Sale
11/30/2015 11/30/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $290,000 -- $161 / 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 $1,918 $493,300 $152,000 $341,300
2023 $1,952 $508,700 $152,000 $356,700
2022 $1,952 $508,700 $152,000 $356,700
2021 $0 $283,900 $80,000 $203,900
2020 $1,366 $283,900 $80,000 $203,900
2019 $1,366 $283,900 $80,000 $203,900
2018 $1,224 $283,900 $80,000 $203,900
2017 $1,224 $283,900 $80,000 $203,900
2013 -- $268,500 $80,000 $188,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 240934

High Country Association of REALTORS®

APN: 1877-57-7729-000