NOT LISTED FOR SALE

193 Basswood Rd Banner Elk, NC 28604

Estimated Value: $943,000 - $1,700,000

4 Beds
3.5 Baths
4,115 Sq Ft
$302/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $393,500 $96 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $7,165/month

Highlights

  • Mountain View
  • Wooded Lot
  • 2 Fireplaces
  • Valle Crucis Elementary School Rated A-
  • Mountain Architecture
  • Covered Patio or Porch

About This Home

As of November 2018

Wonderful and immaculate mountain home located conveniently to Blowing Rock, Boone and Banner Elk, North Carolina. This home offers level entry, main floor living and one of the best views of grandfather mountain in the area. Huge master bedroom suite with a defined sitting area, open living room, kitchen, laundry room and large two car garage. Stone fireplace and huge deck for the best of outdoor living. Incredible wood floors on main level. The lower level offers a whole different space with three bedrooms, two bathrooms, family room and fireplace. Enjoy another deck for a great view. The lowest level features a divided game area and a third deck. You won’t find a better value in the area. This home offers so much. Owners have maintained the home for the ultimate mountain home. Central air conditioning and heat pump, septic permit not found. This is cool. 193 Basswood Road has dual membership in both Mill Ridge and Sleepy Hollow POA. Six homes on the crest have that. Mill Ridge Resort is a beautiful and affordable community with resort amenities including outdoor tennis courts, heated outdoor swimming pool, the Watauga River and beautiful hiking trails!

Last Agent to Sell the Property

Alan Gordon

Premier Sotheby's Int'l Realty Listed on: 01/04/2018

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1989

Lot Details

  • 0.51 Acre Lot
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Mountain Views
  • Partially Finished Basement

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Sleepy Hollow Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878858728000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 1989

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Sleepy Hollow
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2435.0
  • Fireplace Features: Two, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 4115.0
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway, Garage, Two Car Garage

Utilities

  • Cooling: Central Air, Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit Unavailable
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: No

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878858728000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2400.0
  • Tax Book Number: 350/890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2016
Sold by
Cole Marsha C and Cole Montgomery
Bought by
Cole Marsha C and Marsha C Cole Revocable Trust
Current Estimated Value
$1,241,504
Source: Public Records

Range of Values:

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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
Cole Marsha C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cole Mark $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $393,500 0.0% $96 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $393,500 -- $96 / 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 $3,559 $939,200 $20,100 $919,100
2023 $3,536 $939,200 $20,100 $919,100
2022 $3,536 $939,200 $20,100 $919,100
2021 $2,688 $575,700 $18,300 $557,400
2020 $2,688 $575,700 $18,300 $557,400
2019 $2,688 $575,700 $18,300 $557,400
2018 $2,400 $575,700 $18,300 $557,400
2017 $2,400 $575,700 $18,300 $557,400
2013 -- $506,000 $18,300 $487,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 204939

High Country Association of REALTORS®

APN: 1878-85-8728-000