NOT LISTED FOR SALE

207 Smith Cemetary Rd Banner Elk, NC 28604

Estimated Value: $337,245 - $469,000

3 Beds
1 Bath
1,359 Sq Ft
$296/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $135,000 $99 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,192/month

Highlights

  • Mountain View
  • Mountain Architecture
  • Wood Siding
  • Banner Elk Elementary School Rated A-
  • Covered Patio or Porch
  • Wood Burning Fireplace

About This Home

As of January 2012

Wonderful Mountain style cottage located near the center of Banner Elk. Only a few minute drive to town. Originally built in 1941, this is the first time this house had been offered for sale to the public. Over the past 2 years it has been almost completly remodeled and updated. New kitchen cabinets and appliances, New plumbing, wiring, insulation and paint. Some windows were also replaced. Rustic style Tongue in groove wainscoating in the Living and Dining rooms. Located on .53 acre, this home has a private feel and has views of Beech Mountain in the distance. The gently sloping lot could easily have a wonderful garden spot.

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 08/22/2011

Last Buyer's Agent

Marsha McManus

The Summit Group Of The Carolinas Listed on: 08/22/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $344

Year Built

  • Built in 1941

Lot Details

  • 0.53 Acre Lot
  • Property fronts a private road

Home Design

  • Mountain Architecture
  • Farmhouse Style Home
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Hardboard

Interior Spaces

  • 1,359 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Mountain Views
  • Crawl Space
  • Electric Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School

Utilities

  • Heating System Uses Kerosene
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 184800710167

Home Details

Home Type

Single Family

Est. Annual Taxes

$344

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.53
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 1359.0
  • Architectural Style: Farmhouse, Mountain
  • Garage Yn: No
  • Year Built: 1941
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1359.0

Exterior Features

  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Kerosene, Other, See Remarks
  • Sewer: Private Sewer
  • Water Source: Private, Well

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 184800710167
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 344.0
  • Tax Book Number: 426/1808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2011
Closed on
Jan 11, 2012
Sold by
Smith Harry S and Smith Roy Wayne
Bought by
Ramsey Karla Marie and Wellnitz Joshua Damian
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
Marsha McManus
The Summit Group Of The Carolinas
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$402,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,811
Avg. Annual Appreciation
8.32%
Original Mortgage
$121,500
Outstanding Balance
$83,678
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$319,133

Purchase Details

Closed on
May 19, 2008
Sold by
Mckinney Betty and Mckinney Charles Earl
Bought by
Smith Harry and Smith Roy Wayne
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
Ramsey Karla Marie $135,000 None Available
Smith Harry $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Karla Marie $121,500
Previous Owner Smith Harry S $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2012 01/17/12 Sold $135,000 0.0% $99 / Sq Ft
12/18/2011 12/18/11 Pending -- -- --
08/22/2011 08/22/11 For Sale $135,000 -- $99 / 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 $783 $185,100 $22,300 $162,800
2023 $783 $185,100 $22,300 $162,800
2022 $783 $185,100 $22,300 $162,800
2021 $586 $106,500 $17,200 $89,300
2020 $586 $106,500 $17,200 $89,300
2019 $586 $106,500 $17,200 $89,300
2018 $586 $106,500 $17,200 $89,300
2017 $587 $106,800 $0 $0
2016 $478 $106,800 $0 $0
2015 $478 $106,800 $15,500 $91,300
2012 -- $93,000 $13,300 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 168651

High Country Association of REALTORS®

APN: 1848-00-71-0167-00000