NOT LISTED FOR SALE

184 Elk Laurel Dr Banner Elk, NC 28604

Estimated Value: $905,187 - $943,000

4 Beds
3.5 Baths
3,347 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $520,000 $155 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,202/month

Highlights

  • Spa
  • 1.52 Acre Lot
  • Vaulted Ceiling
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Wrap Around Porch

About This Home

As of October 2020

Located in Elk Laurel Subdivision near Banner Elk. Elk Laurel is a cabin community with 10 lots and two homes presently. Short-term or long-term rentals are allowed and the cabins on lots 1 and 9 have a good rental history. The home on lot 1 has a nice mountain view. It has a covered porch on 3 sides. This 4 Bed, 3.5 bath home has a open deck off the back complete with a hot tub. It has a main bedroom on the first level with a full bath with tub and shower. There is a half bath on the mail level, as well as a large laundry. The great room has a nice kitchen, large dining table and living area. The finished basement level has a rec area complete with pool table, tv viewing area, and a large bedroom and full bath. The upper level has two bedrooms, an extra sleeping room with 4 single beds, and a loft area for games, etc. There is a full bath on the upper level. This cabin has a great rental history and details can be shared to qualified buyer. Showings will be by appointment only due to high rental volume. Broker Interest (One of the members of the LLC has a NC RE License) $150 paid at closing to POA as a transfer fee. See link https://www.carolinacabinrentals.com/Elk-Laurel/

Last Agent to Sell the Property

Dan Norman

Martin Real Estate Co. Listed on: 08/15/2020

Last Buyer's Agent

Tim Hodges

Hodges & Company Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,062

Year Built

  • Built in 2009

Lot Details

  • 1.52 Acre Lot
  • Property fronts a private road
  • Zoning described as Residential,Subdivision,Other-See Remarks

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Log Cabin
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Log Siding
  • Masonry

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Wrap Around Porch
  • Open Patio
  • Fire Pit

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Hot Water Heating System
  • Shared Well
  • Tankless Water Heater
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • Elk Laurel Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 1
  • Assessor Parcel Number 1869-83-4177-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,062

Year Built

Built in 2009

Lot Details

0

HOA Fees

$75 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.52
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Elk Laurel
  • Above Grade Finished Sq Ft: 2337.0
  • Architectural Style: Log Home
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2009
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1010.0
  • Fireplace Features: Gas, Fire Pit, Propane
  • Fireplace: Yes
  • Interior Amenities: Hot Tub/Spa, Vaulted Ceiling(s)
  • Living Area: 3347.0
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Masonry, Wood Siding, Wood Frame
  • Exterior Features: Fire Pit, Hot Tub/Spa, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Open, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, One Car Garage, Gravel, Private

Utilities

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

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1869-83-4177-000
  • Zoning Description: Residential,Subdivision,Other-See Remarks
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2062.0
  • Tax Book Number: 1164/871
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Oct 8, 2020
Sold by
Mountain Land Investments Llc
Bought by
Jorishie Christopher and Jorishie Stacie
Seller's Agent
Dan Norman
Martin Real Estate Co.
Buyer's Agent
Tim Hodges
Hodges & Company Real Estate
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$929,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,047
Avg. Annual Appreciation
12.31%
Original Mortgage
$416,000
Outstanding Balance
$370,010
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$559,037

Purchase Details

Closed on
Feb 28, 2006
Sold by
Taudte James A and Taudte Gisela
Bought by
Mountain Land Investments Llc
Source: Public Records

Range of Values:

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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
Jorishie Christopher $520,000 None Available
Mountain Land Investments Llc $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorishie Christopher $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Sold $520,000 0.0% $155 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $520,000 -- $155 / 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 $2,180 $564,400 $77,600 $486,800
2023 $2,345 $615,600 $77,600 $538,000
2022 $2,345 $615,600 $77,600 $538,000
2021 $2,062 $437,500 $50,900 $386,600
2020 $2,062 $437,500 $50,900 $386,600
2019 $2,062 $437,500 $50,900 $386,600
2018 $1,843 $437,500 $50,900 $386,600
2017 $1,843 $437,500 $50,900 $386,600
2013 -- $398,600 $56,500 $342,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 223878

High Country Association of REALTORS®

APN: 1869-83-4177-000