NOT LISTED FOR SALE

192 Silver Fox Trail Banner Elk, NC 28604

Estimated Value: $1,120,887 - $1,399,000

4 Beds
3.5 Baths
3,365 Sq Ft
$386/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $775,000 $230 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,191/month

Highlights

  • Ski Accessible
  • Second Kitchen
  • Mountain View
  • Banner Elk Elementary School Rated A-
  • Gated Community
  • Chalet

About This Home

As of February 2021

NEW CONSTRUCTION WITH A VIEW!! LIVE ON 1 LEVEL w/ easy entry access! We're nearing completion, so now is the time to do your finishing touches. New low density, gated development (Silver Fox Ridge) w/ southern exposure views. 4 bdrm., 3½ bath w/ double garage and lots more. Gorgeous covered decks (open areas too). Open kitchen into living room w/ vaulted ceiling. Air conditioning and tankless hot water heater. Finished downstairs boasts a spacious area for game room or family area, generous kitchenette, an additional fireplace and bdrm(s). Great location between Beech Mountain & Banner Elk for cool summers & winter skiing (secluded too). Low taxes & low association dues. Driveway and remaining road to be paved in spring of 2021.

Last Agent to Sell the Property

Colette Wakeman

Wakeman Properties Listed on: 10/01/2020

Last Buyer's Agent

Melinda Eggers

Premier Sotheby's International Realty- Banner Elk

Premier Sotheby's International Realty- Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138

Year Built

  • Built in 2020

Lot Details

  • 0.88 Acre Lot
  • Property fronts a private road
  • Southern Exposure
  • Partially Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Chalet
  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Block And Beam Construction
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Factory Built Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Wood Frame Window
  • Window Screens
  • Mountain Views
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School
  • Avery Middle School
  • Avery County High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • 220 Volts
  • Shared Well
  • Tankless Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 2
  • Assessor Parcel Number 185906276533

Community Details

Overview

  • Silver Fox Ridge Subdivision

Recreation

  • Tennis Courts
  • Trails
  • Ski Accessible

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$138

Year Built

Built in 2020

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.88
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Silver Fox Ridge
  • Above Grade Finished Sq Ft: 2190.0
  • Architectural Style: Chalet/Alpine, Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2020
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1175.0
  • Fireplace Features: Two, Factory Built, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Second Kitchen, Vaulted Ceiling(s)
  • Living Area: 3365.0
  • Stories: 2
  • Window Features: Double Hung, Double Pane Windows, Screens, Wood Frames

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Hardboard, Other, See Remarks, Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Attached, Driveway, Garage, Two Car Garage, Other, Paved, Private, See Remarks

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas, Propane, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Septic Permit 4 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Skiing, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 185906276533
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 138.0
  • Tax Book Number: 440/2335
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 9, 2021
Sold by
Trim 1 Llc
Bought by
Jenkins Fred T and Jenkins Cheryl A
Seller's Agent
Colette Wakeman
Wakeman Properties
Buyer's Agent
Melinda Eggers
Premier Sotheby's International Realty- Banner Elk
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$1,298,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,972
Avg. Annual Appreciation
11.77%
Original Mortgage
$410,000
Outstanding Balance
$366,700
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$932,272
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
Jenkins Fred T $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Fred T $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $775,000 0.0% $230 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
10/01/2020 10/01/20 For Sale $775,000 -- $230 / 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 $3,044 $761,100 $150,000 $611,100
2023 $3,044 $761,100 $150,000 $611,100
2022 $0 $761,100 $150,000 $611,100
2021 $2,639 $479,800 $25,000 $454,800
2020 $138 $204,900 $25,000 $179,900
2019 $138 $25,000 $25,000 $0
2018 $138 $25,000 $25,000 $0
2017 $138 $25,000 $0 $0
2016 $112 $25,000 $0 $0
2015 $112 $25,000 $25,000 $0
2012 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 224801

High Country Association of REALTORS®

APN: 1859-06-27-6533-00000