Seller's Agent in 2023
Morgan Beck Herdklotz
Premier Sotheby's International Realty- Banner Elk
(828) 387-1897
34 in this area
111 Total Sales
177 Silver Fox Ln Banner Elk, NC 28604
Estimated Value: $724,000 - $1,108,000
3
Beds
3.5
Baths
2,336
Sq Ft
$388/Sq Ft
Est. Value
Highlights
- Home fronts a pond
- Gated Community
- Outdoor Fireplace
- Banner Elk Elementary School Rated A-
- Mountain View
- Cathedral Ceiling
About This Home
As of April 2023A Southern Living Carriage House floor plan in Silver Springs Farm Estates! This home welcomes you with a gorgeous entrance into a great room with its warm cherry floors, fireplace, and open plan with a soaring cathedral ceiling. French doors draw your eye out to the beautiful view of Beech Mountain from the covered deck, which boasts an outdoor fireplace and dining area. The stunning kitchen, with an open view into the great room, looks out over the dining room with its large French windows which bring the outdoors in! The main floor also features the primary bedroom suite and main floor laundry. The stunning staircase leads up to the loft area and to an additional two en suite bedrooms with sunny windows and the same warm cherry wood floors. The basement is already framed out to provide yet another level of living area to this already more-than-ample home and the septic permit allows for a fourth bedroom. The open stone garage leads to the other end of the circular drive and the home faces a small hillside in front that is a riot of perennial blooms from spring to fall. This gated community offers a beautiful drive up to the home, including a waterfall, and is a must-see!
Last Agent to Sell the Property
Premier Sotheby's International Realty- Banner Elk Listed on: 11/23/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,680
Year Built
- Built in 2006
Lot Details
- 0.76 Acre Lot
- Home fronts a pond
- Property fronts a private road
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Mountain Architecture
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
- Masonry
- Stone
Interior Spaces
- 2,336 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Vinyl Clad Windows
- Double Hung Windows
- Mountain Views
- Unfinished Basement
- Walk-Out Basement
- Pull Down Stairs to Attic
Kitchen
- Gas Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Attached Garage
- Carport
- Oversized Parking
- Driveway
Outdoor Features
- Covered Patio or Porch
- Outdoor Fireplace
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Water Source
- Well
- Tankless Water Heater
- Gas Water Heater
- Septic Tank
- Septic System
- Private Sewer
- High Speed Internet
Listing and Financial Details
- Long Term Rental Allowed
- Assessor Parcel Number 1849-00-72-5040-00000
Community Details
Overview
- Silver Springs Farm Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2022
Closed on
Apr 4, 2023
Sold by
2010 Anne Whitton Bolyea Living Trust
Bought by
Epstein Richard Laurence and Epstein Elizabeth
Seller's Agent
Morgan Beck Herdklotz
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Emily Bish
Foscoe Realty & Development
List Price
$729,000
Sold Price
$729,000
Views
245
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,619
Avg. Annual Appreciation
9.51%
Original Mortgage
$250,000
Outstanding Balance
$242,959
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$663,660
Purchase Details
Listed on
Jun 28, 2021
Closed on
Sep 10, 2021
Sold by
Thompson Donald W and Thompson Linda G
Bought by
Bolyfa Anne Whitton and Whitton Bolyea Livin 2010 Anne
Seller's Agent
Jackie Judge
RE/MAX Executive
Buyer's Agent
Non Member
Canopy Administration
List Price
$699,000
Sold Price
$699,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$690,947
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 2005
Sold by
Banner Manor Corp
Bought by
Thompson Donald W and Thompson Linda G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Epstein Richard Laurence | $729,000 | -- | |
| Bolyfa Anne Whitton | $699,000 | None Available | |
| Thompson Donald W | $67,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Epstein Richard Laurence | $250,000 | |
| Previous Owner | Bolyfa Anne Whitton | $690,947 | |
| Previous Owner | Thompson Donald W | $350,000 | |
| Previous Owner | Thompson Donald W | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2023 04/04/23 | Sold | $729,000 | 0.0% | $312 / Sq Ft |
| 02/22/2023 02/22/23 | For Sale | $729,000 | 0.0% | $312 / Sq Ft |
| 02/21/2023 02/21/23 | Pending | -- | -- | -- |
| 02/14/2023 02/14/23 | Price Changed | $729,000 | -4.7% | $312 / Sq Ft |
| 01/20/2023 01/20/23 | Price Changed | $765,000 | -7.3% | $327 / Sq Ft |
| 01/05/2023 01/05/23 | Price Changed | $825,000 | -8.2% | $353 / Sq Ft |
| 11/23/2022 11/23/22 | For Sale | $899,000 | +28.6% | $385 / Sq Ft |
| 09/17/2021 09/17/21 | Sold | $699,000 | 0.0% | $299 / Sq Ft |
| 09/03/2021 09/03/21 | Pending | -- | -- | -- |
| 09/02/2021 09/02/21 | Price Changed | $699,000 | 0.0% | $299 / Sq Ft |
| 09/02/2021 09/02/21 | For Sale | $699,000 | 0.0% | $299 / Sq Ft |
| 08/24/2021 08/24/21 | Off Market | $699,000 | -- | -- |
| 07/30/2021 07/30/21 | Pending | -- | -- | -- |
| 06/28/2021 06/28/21 | For Sale | $750,000 | -- | $321 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $2,680 | $670,100 | $60,000 | $610,100 |
| 2023 | $2,680 | $670,100 | $60,000 | $610,100 |
| 2022 | $2,680 | $670,100 | $60,000 | $610,100 |
| 2021 | $1,830 | $332,700 | $41,300 | $291,400 |
| 2020 | $1,830 | $332,700 | $41,300 | $291,400 |
| 2019 | $1,830 | $332,700 | $41,300 | $291,400 |
| 2018 | $1,830 | $332,700 | $41,300 | $291,400 |
| 2017 | $1,720 | $312,800 | $0 | $0 |
| 2016 | $1,399 | $312,800 | $0 | $0 |
| 2015 | $1,399 | $312,800 | $40,000 | $272,800 |
| 2012 | -- | $455,700 | $80,000 | $375,700 |
Source: Public Records
Agents Affiliated with this Home
-
Morgan Beck Herdklotz
-
Lynne Lear
Seller Co-Listing Agent in 2023
Lynne Lear
The Lear Group Real Estate
(828) 898-5022
15 in this area
74 Total Sales
-
Emily Bish
Buyer's Agent in 2023
Emily Bish
Foscoe Realty & Development
(800) 333-7601
17 in this area
38 Total Sales
-
Jackie Judge
Seller's Agent in 2021
Jackie Judge
RE/MAX Executives Charlotte, NC
(704) 773-6575
20 in this area
93 Total Sales
-
N
Buyer's Agent in 2021
Non Member
NC_CanopyMLS
Map
Source: High Country Association of REALTORS®
MLS Number: 240876
APN: 1849-00-72-5040-00000
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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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