NOT LISTED FOR SALE

184 Penny Ln Banner Elk, NC 28604

Estimated Value: $209,000 - $398,000

2 Beds
1 Bath
1,450 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $100,000 $69 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,834/month

92 Days on Market

Highlights

  • 3.21 Acre Lot
  • Mountain View
  • Attic
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Storm Windows

About This Home

As of October 2016

VERY CONVENIENTLY LOCATED 2 BEDROOM 1 BATH HOME WITH A PRETTY VIEW. PROPERTY HAS OVER 3 ACRES OF LAND WITH A SECOND BUILDING SITE! CITY WATER AND SEWER AVAILABLE TO THE HOUSE. ACCESS IS FROM A TOWN MAINTAINED PAVED ROAD. UNIQUE OFFERING IN BANNER ELK.

Last Agent to Sell the Property

John Davis

Banner Elk Realty Listed on: 06/07/2016

Last Buyer's Agent

John Davis

Banner Elk Realty Listed on: 06/07/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $451

Year Built

  • Built in 1946

Lot Details

  • 3.21 Acre Lot
  • Home fronts a stream

Home Design

  • Mountain Architecture
  • Cottage
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Asbestos

Interior Spaces

  • 1,450 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Mountain Views
  • Crawl Space
  • Storm Windows
  • Electric Cooktop
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Schools

  • Banner Elk Elementary School

Utilities

  • Radiant Heating System
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 185913038420

Home Details

Home Type

Single Family

Est. Annual Taxes

$451

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.21
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1450.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: No
  • Year Built: 1946
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 1450.0
  • Window Features: Storm Window(s)

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Asbestos, Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: None
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Heating: Electric, Fireplace(s), Radiant
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185913038420
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 451.0
  • Tax Book Number: 32/273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Oct 5, 2016
Sold by
Draughon Draughon Larry Douglas Larry Douglas and Draughon Harris Peggy Dru
Bought by
The Vistas At Banner Elk Condominium Ass
Seller's Agent
John Davis
Banner Elk Realty
Buyer's Agent
John Davis
Banner Elk Realty
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$283,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,357
Avg. Annual Appreciation
12.81%
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
The Vistas At Banner Elk Condominium Ass $100,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $100,000 0.0% $69 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $100,000 -- $69 / 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
2023 -- $132,900 $22,000 $110,900
2022 -- $132,900 $22,000 $110,900
2021 $0 $92,800 $22,000 $70,800
2020 $0 $92,800 $22,000 $70,800
2019 $0 $92,800 $22,000 $70,800
2018 $0 $92,800 $22,000 $70,800
2017 $0 $51,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Davis

    Banner Elk Realty

    (828) 260-1550

    9 in this area

    14 Total Sales

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Map

Source: High Country Association of REALTORS®

MLS Number: 39202533

High Country Association of REALTORS®

APN: 1859130289200000000000

North Carolina Avery County Banner Elk 28604

184 Penny Ln, Banner Elk, NC

This home is located at 184 Penny Ln, Banner Elk, NC 28604 since 07 June 2016 and is currently estimated at $280,802, approximately $193 per square foot. This property was built in 1946. 184 Penny Ln is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Grandfather Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® 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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