NOT LISTED FOR SALE

189 / 187 Caseys Gap Rd Banner Elk, NC 28604

Estimated Value: $307,692 - $428,000

1 Bed
1 Bath
1,056 Sq Ft
$348/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $165,000 $156 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,070/month

456 Days on Market

Highlights

  • 2 Fireplaces
  • Cottage
  • Skylights
  • Valle Crucis Elementary School Rated A-
  • Covered Patio or Porch
  • Oversized Parking

About This Home

As of January 2020

A rare find!!! Wonderful investment opportunity. Two darling 1/1 cottages situated on .58 acres situated between Banner Elk and Boone. Live in the main home and rent the other cottage or use as a family compound. Delightful homes with high painted wood ceilings with exposed beams and lots of character through out. Homes are a mix of the old and the new with an eclectic style that blends to give you a wonderful cozy feeling. Homes are open and bright with lots of windows and skylights. The main home has an additional living space off of the bedroom with access to the side deck and an adorable 8 X 8 She Shed. There is also a large 2 car carport with additional storage above. Would make a great workshop or hobby room. Lots of storage under the guest cottage. Don't miss this opportunity to see these unique cottages. Total of 1749 SF.

Last Agent to Sell the Property

Denise Weinkle

RE/MAX Realty Group Listed on: 09/21/2018

RE/MAX Realty Group

Last Buyer's Agent

Jonathan Lehman

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $993

Year Built

  • Built in 1988

Lot Details

  • 0.58 Acre Lot
  • Property fronts a private road
  • Zoning described as Deed Restrictions,R-1,Residential

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Oversized Parking
  • Gravel Driveway

Home Design

  • Cottage
  • Wood Frame Construction
  • Shake Roof
  • Shingle Roof
  • Wood Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Living Quarters
  • Skylights
  • 2 Fireplaces
  • Free Standing Fireplace
  • Gas Fireplace
  • Partially Finished Basement

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Valle Crucis Elementary School

Utilities

  • No Cooling
  • Space Heater
  • Wall Furnace
  • Shared Well
  • Shared Septic
  • Private Sewer

Community Details

  • Caseys Gap Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 3 & 4
  • Assessor Parcel Number 1868-90-5935

Home Details

Home Type

Single Family

Est. Annual Taxes

$993

Year Built

Built in 1988

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Caseys Gap
  • Above Grade Finished Sq Ft: 1056.0
  • Architectural Style: Cottage
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Two, Free Standing, Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Skylights
  • Living Area: 1056.0
  • Stories: 1
  • Window Features: Skylight(s)

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Storage, Gravel Driveway
  • Other Structures: Living Quarters
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle, Shake, Wood

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport, Driveway, Detached, Garage, Two Car Garage, Gravel, Oversized, Private

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Wall Furnace
  • Sewer: Private Sewer, Septic Permit 2 Bedroom, Shared Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1868-90-5935
  • Zoning Description: Deed Restrictions,R-1,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 992.6
  • Tax Book Number: 557/289
  • Tax Lot: 3 & 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Jan 14, 2020
Sold by
Kent Janice J and Kent Alonza Lee
Bought by
Radenbaugh Karen
Seller's Agent
Denise Weinkle
RE/MAX Realty Group
Buyer's Agent
Jonathan Lehman
Keller Williams High Country
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$367,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,846
Avg. Annual Appreciation
14.72%
Original Mortgage
$150,000
Outstanding Balance
$132,531
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$235,315
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Radenbaugh Karen $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radenbaugh Karen $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2020 01/21/20 Sold $165,000 0.0% $156 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
09/21/2018 09/21/18 For Sale $165,000 -- $156 / 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 $1,067 $261,900 $10,000 $251,900
2023 $1,044 $261,900 $10,000 $251,900
2022 $1,044 $261,900 $10,000 $251,900
2021 $640 $123,700 $10,000 $113,700
2020 $640 $123,700 $10,000 $113,700
2019 $640 $123,700 $10,000 $113,700
2018 $579 $123,700 $10,000 $113,700
2017 $579 $123,700 $10,000 $113,700
2013 -- $118,700 $10,000 $108,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 210596

High Country Association of REALTORS®

APN: 1868-90-5935-000