NOT LISTED FOR SALE

206 Creekside Farm Rd Banner Elk, NC 28604

Estimated Value: $763,288 - $1,001,000

3 Beds
3.5 Baths
2,221 Sq Ft
$417/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $530,000 $239 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,415/month

896 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Home fronts a pond
  • Banner Elk Elementary School Rated A-
  • Spa
  • Pasture Views

About This Home

As of October 2020

Beautifully appointed home located in the Farm on a level lot. Lot next door is also included. Property is adjacent to 9.5 acre conservation easement and overlooks horse paddocks. Beautiful covered porch is perfect for outdoor entertaining. All upgrades have been taken into account with this lovely home. Kitchen has granite counter tops and stainless steel appliances. Two great living areas, both with fireplaces and 3 nice size bedrooms and 3 and a half baths. Huge fenced in back yard. Very private location, however convenient to town with many wonderful restaurants to choose from, shopping, skiing and hiking.

Last Agent to Sell the Property

Karen Cleghorn

Blue Ridge Realty & Inv. - Banner Elk Listed on: 04/17/2018

Last Buyer's Agent

Ron Kent

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,270

Year Built

  • Built in 2007

Lot Details

  • 0.74 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Southern Exposure
  • Back Yard Fenced
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $324 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Shared Driveway

Home Design

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

Interior Spaces

  • 2,221 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Pasture Views
  • Partial Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School

Farming

  • Barn
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1858-11-56-9724-00000

Community Details

Overview

  • The Farm At Banner Elk Subdivision

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,270

Year Built

Built in 2007

Lot Details

0

HOA Fees

$324 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Farm At Banner Elk
  • Above Grade Finished Sq Ft: 2221.0
  • Architectural Style: Mountain
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Two, Gas, Stone, Vented, Propane, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2221.0
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Back Yard, Full
  • Lot Features: Pasture
  • View: Pasture, Southern Exposure
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Cedar, Frame, Wood Siding
  • Exterior Features: Horse Facilities, Hot Tub/Spa
  • Foundation Details: Basement
  • Other Structures: Barn(s)
  • Patio And Porch Features: Covered, Multiple, Screened
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Propane, Radiant
  • 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
  • Association Fee: 3884.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1858-11-56-9724-00000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5270.0
  • Tax Book Number: 447/588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Oct 26, 2020
Sold by
Bishop and Ann
Bought by
Rittenberg Jeffrey and Rittenberg Deborah
Seller's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Ron Kent
EXP Realty LLC
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$926,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,572
Avg. Annual Appreciation
11.97%
Original Mortgage
$341,250
Outstanding Balance
$303,937
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$622,635

Purchase Details

Listed on
Apr 17, 2018
Closed on
Oct 24, 2020
Sold by
Bishop David and Bishop Ann
Bought by
Rittenberg Jeffrey and Rittenberg Deborah
Seller's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Ron Kent
EXP Realty LLC
List Price
$530,000
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Outstanding Balance
$303,937
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$622,635

Purchase Details

Closed on
May 13, 2010
Sold by
Farmhomes Llc
Bought by
Bishop David and Bishop Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rittenberg Jeffrey $1,060 Moffatt & Moffatt Pllc
Rittenberg Jeffrey $530,000 None Available
Bishop David $505,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rittenberg Jeffrey $341,250
Closed Rittenberg Jeffrey $341,250
Previous Owner Bishop David $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $530,000 0.0% $239 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
04/17/2018 04/17/18 For Sale $530,000 -- $239 / 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 $2,151 $537,700 $35,000 $502,700
2023 $2,151 $537,700 $35,000 $502,700
2022 $2,151 $537,700 $35,000 $502,700
2021 $2,402 $436,700 $35,000 $401,700
2020 $4,847 $436,700 $35,000 $401,700
2019 $4,847 $436,700 $35,000 $401,700
2018 $2,402 $436,700 $35,000 $401,700
2017 $4,955 $438,500 $0 $0
2016 $1,895 $423,700 $0 $0
2015 $1,895 $423,700 $45,000 $378,700
2012 -- $486,100 $90,000 $396,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 206803

High Country Association of REALTORS®

APN: 1858-11-56-9724-00000