NOT LISTED FOR SALE

182 Lower Crab Orchard Rd Banner Elk, NC 28604

Estimated Value: $763,000 - $1,109,000

3 Beds
3 Baths
2,737 Sq Ft
$348/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $690,000 $252 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,227/month

Highlights

  • Pasture Views
  • Craftsman Architecture
  • Outdoor Fireplace
  • Valle Crucis Elementary School Rated A-
  • Wood Burning Stove
  • No HOA

About This Home

As of February 2021

Beautifully restored 1920s Valle Crucis home on over an acre of amazing flat land and 400' of Crab Orchard Creek frontage. This idyllic setting with fully renovated historic home, does not come along every day! Located across from the Apple Barn in historic Valle Crucis, enjoy hiking to Crab Orchard Falls from your front door! The yard features open flat land, BOLD creek and beautiful landscaping. A HUGE covered, wrap around porch with outdoor fireplace welcomes you to this home. Inside you will find 3 bedrooms, a bunk room and 3 full baths. Huge Stone woodburning fireplace with Gas Starter and the option to hook up a wood stove for additional heat source. Main level: open kitchen, living, dining, large laundry room, mud room (not counted in finished sq ft) full bath & bedroom. Upstairs there are 3 additional sleeping rooms & 2 full baths. High end, custom finishes throughout the house. In addition to new insulation, electrical and plumbing, enjoy the modern kitchen, huge clawfoot soaker tubs, Kohler Ironworks fixtures, Solid Fir Doors, High End Stainless kitchen appliances, amazing kitchen sink, new well pump, newly built bridge to the property...this place is special -

Last Agent to Sell the Property

Sarah Long

828 Real Estate Listed on: 07/14/2020

Last Buyer's Agent

Nikki Rezvani

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1920

Lot Details

  • 1.03 Acre Lot
  • Home fronts a stream

Property Views

  • Pasture
  • Mountain

Home Design

  • Craftsman Architecture
  • Mountain Architecture
  • Farmhouse Style Home
  • Cottage
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,737 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • No Garage
  • Shared Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Zoned Heating and Cooling
  • Heat Pump System
  • Private Water Source
  • Well
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1970-73-7453-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,937

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2737.0
  • Architectural Style: Cottage, Craftsman, Farmhouse, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Other, Refrigerator, See Remarks
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Three, Other, See Remarks, Stone, Wood Burning, Outside
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 2737.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s), Pasture
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple
  • Roof: Metal, Shake, Wood

Garage/Parking

  • Parking Features: No Garage, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Central Air, 2 Units, Zoned
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Other, See Remarks, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Other, Private, See Remarks, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1970-73-7453-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1936.85
  • Tax Book Number: 2026/390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Feb 9, 2021
Sold by
Way Bruce K and Way Melissa M
Bought by
Raquelvila Parrish Ana and Parrish Jason Pratt
Seller's Agent
Sarah Long
828 Real Estate
Buyer's Agent
Nikki Rezvani
Keller Williams High Country
List Price
$690,000
Sold Price
$690,000
Current Estimated Value
$952,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,920
Avg. Annual Appreciation
7.16%
Original Mortgage
$490,000
Outstanding Balance
$359,967
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$592,953

Purchase Details

Listed on
Oct 2, 2018
Closed on
Apr 10, 2019
Sold by
Arbor Green Llc
Bought by
Way Bruce K and Way Melissa M
Seller's Agent
Ron Kent
EXP Realty LLC
Buyer's Agent
Sarah Long
828 Real Estate
List Price
$685,000
Sold Price
$685,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Original Mortgage
$634,837
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Jan 11, 2010
Sold by
Mccarthy Stephen M and Mccarthy Christina L
Bought by
Arbor Green Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
4.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Raquelvila Parrish Ana $690,000 None Available
Way Bruce K $685,000 None Available
Arbor Green Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raquelvila Parrish Ana $490,000
Previous Owner Way Bruce K $634,837
Previous Owner Arbor Green Llc $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $690,000 0.0% $252 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
07/14/2020 07/14/20 For Sale $690,000 +0.7% $252 / Sq Ft
05/07/2019 05/07/19 Sold $685,000 0.0% $256 / Sq Ft View Prior Sale
04/07/2019 04/07/19 Pending -- -- --
10/02/2018 10/02/18 For Sale $685,000 -- $256 / 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 $2,088 $539,400 $48,400 $491,000
2023 $2,065 $539,400 $48,400 $491,000
2022 $2,065 $539,400 $48,400 $491,000
2021 $1,937 $409,900 $30,300 $379,600
2020 $1,937 $409,900 $30,300 $379,600
2019 $698 $409,900 $30,300 $379,600
2018 $701 $154,100 $30,300 $123,800
2017 $685 $150,000 $30,300 $119,700
2013 -- $105,400 $30,300 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 223150

High Country Association of REALTORS®

APN: 1970-73-7453-000