NOT LISTED FOR SALE

196 Balsam Ln Banner Elk, NC 28604

Estimated Value: $408,000 - $547,345

3 Beds
2.5 Baths
1,875 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $155,000 $83 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,579/month

Highlights

  • Mountain View
  • Ranch Style House
  • Double Pane Windows
  • Banner Elk Elementary School Rated A-
  • Attic
  • Open Patio

About This Home

As of December 2013

VERY WELL KEPT RANCH STYLE HOME IN A WELL ESTABLISHED SINGLE FAMILY NEIGHBORHOOD. FEATURES INCLUDE: ONE LEVEL LIVING, SPACIOUS KITCHEN, GAS LOG FIREPLACE IN LIVING ROOM, CENTRAL VAC, VERY NICE BRIGHT SUNROOM WITH A DOOR TO THE BACK YARD, FUNCTIONAL OFFICE SPACE, FLAT LEVEL ACCESS, 2 CAR GARAGE, CITY WATER/SEWER, BEAUTIFUL LANDSCAPING WITH A FENCED BACK YARD. ALL THIS AND ONLY A SHORT WALK TO THE BEAUTIFUL BANNER ELK TOWN PARK! PRICED REDUCED FROM $212,500. TO $179,500!!! OWNER IS VERY MOTIVATED TO SELL THIS PROPERTY!!! COME TAKE A LOOK AT THIS SUPER BARGAIN IN TOWN BANNER ELK!!!

Last Agent to Sell the Property

John Davis

Banner Elk Realty Listed on: 05/11/2013

Last Buyer's Agent

John Davis

Banner Elk Realty Listed on: 05/11/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1966

Lot Details

  • 0.42 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Built-Up Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,875 Sq Ft Home
  • Fireplace Features Masonry
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Screens
  • Mountain Views
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Built-In Oven
  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Outbuilding

Schools

  • Banner Elk Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Kerosene
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Radiant Heating System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 185919500927&185918419056

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1875.0
  • Architectural Style: Ranch, Traditional
  • Garage Yn: Yes
  • Year Built: 1966
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Masonry, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 1875.0
  • Window Features: Double Pane Windows, Screens, Vinyl

Exterior Features

  • Fencing: Back Yard
  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding, Wood Siding
  • Exterior Features: Out Building(s), Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Open
  • Roof: Asphalt, Built-Up, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Paved, Private

Utilities

  • Heating: Baseboard, Electric, Fireplace(s), Gas, Kerosene, Propane, Radiant, Wood
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185919500927&185918419056
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1380.0
  • Tax Book Number: 115/0543 &149/0753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2021
Sold by
Davis Ronald Glenn
Bought by
Davis Melissa K
Current Estimated Value
$468,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,500
Outstanding Balance
$171,276
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$297,310
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
Davis Melissa K -- None Available
Davis Melissa K -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Melissa K $191,500
Closed Davis Melissa K $191,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2013 12/19/13 Sold $155,000 0.0% $83 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
05/11/2013 05/11/13 For Sale $155,000 -- $83 / 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 $1,020 $255,100 $81,300 $173,800
2023 $1,020 $255,100 $81,300 $173,800
2022 $1,020 $255,100 $81,300 $173,800
2021 $830 $156,400 $60,500 $95,900
2020 $61 $150,900 $55,000 $95,900
2019 $1,675 $150,900 $55,000 $95,900
2018 $830 $150,900 $55,000 $95,900
2017 $1,680 $148,700 $0 $0
2016 $665 $148,700 $0 $0
2015 $665 $148,700 $55,000 $93,700
2012 -- $176,200 $65,000 $111,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Davis

    Banner Elk Realty

    (828) 260-1550

    8 in this area

    13 Total Sales

    John Davis
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Map

Source: High Country Association of REALTORS®

MLS Number: 178479

High Country Association of REALTORS®

APN: 1859-19-50-0927-00000

North Carolina Avery County Banner Elk 28604

196 Balsam Ln, Banner Elk, NC

This home is located at 196 Balsam Ln, Banner Elk, NC 28604 since 11 May 2013 and is currently estimated at $468,586, approximately $249 per square foot. This property was built in 1966. 196 Balsam Ln is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery 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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