NOT LISTED FOR SALE

241 Old Crows Rd Banner Elk, NC 28604

Estimated Value: $1,425,000 - $2,864,854

6 Beds
5.5 Baths
7,549 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $1,815,000 $240 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,029/month

Highlights

  • Home fronts a pond
  • Waterfall on Lot
  • Mountain View
  • Valle Crucis Elementary School Rated A-
  • 12.9 Acre Lot
  • Contemporary Architecture

About This Home

As of August 2013

Meadowood House is a fully furnished contemporary 5 bedroom, 5 1/2 bath home situated on a secluded 13 acre private estate in Valle Crucis, NC. Waterfalls, koi ponds, flower and vegetable gardens, fruit trees. Hidden decks, fire pit, tranquil fishing pond. Breathtaking long range mountain views from every room in every direction. Four fireplaces. Glass conservatory. Large gourmet kitchen. Adjoining dining room seats 16. Housekeeper quarters. Huge bonus room. Private elevator to master bedroom suite with library/TV room. Large closet. Private outdoor decks. Private elevator to Master Bedroom Suite. Four Season glass conservatory with panoramic views. Separate housekeeper efficiency quarters. 2 wood burning double-sided fireplaces in Great Room and Master Suite. 2 gas wall fireplaces in Dining Room and Master Bath. All bedrooms wired for computers, and have flat screen TV's. Separate artist, dance or exercise studio with office. SELLING AT LUXURY AUCTION July 27th, 2013. Price listed here represents Auction Reserve Price.

Last Agent to Sell the Property

Derek Rowley

Elevate Land & Realty Banner Elk Listed on: 02/14/2012

Last Buyer's Agent

Colette Wakeman

Wakeman Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 2005

Lot Details

  • 12.9 Acre Lot
  • Home fronts a pond
  • Southern Exposure
  • Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage

Property Views

  • Mountain
  • Seasonal

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Partial Basement

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Waterfall on Lot

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1879-54-8635-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,650

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 12.9
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 5994.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Partial
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 778.0
  • Fireplace Features: Two, Stone, Wood Burning, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 7549.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Waterfall, Wooded
  • View: Long Range, Mountain(s), Seasonal View, Southern Exposure
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Basement, Garage, Two Car Garage

Utilities

  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1879-54-8635-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4650.0
  • Tax Book Number: 870/124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2012
Closed on
Aug 20, 2013
Sold by
Cohen Philip A and Cohen Genie Appel
Bought by
Lutz Raymond J and Conover Pamela C
Seller's Agent
Derek Rowley
Elevate Land & Realty Banner Elk
Buyer's Agent
Colette Wakeman
Wakeman Properties
List Price
$1,815,000
Sold Price
$1,815,000
Current Estimated Value
$1,986,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,951
Avg. Annual Appreciation
0.75%
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
Lutz Raymond J $198,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2013 08/27/13 Sold $1,815,000 0.0% $240 / Sq Ft
07/28/2013 07/28/13 Pending -- -- --
02/14/2012 02/14/12 For Sale $1,815,000 -- $240 / 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 $5,945 $1,869,500 $168,800 $1,700,700
2023 $7,040 $1,869,500 $168,800 $1,700,700
2022 $7,040 $1,869,500 $168,800 $1,700,700
2021 $0 $1,513,900 $129,800 $1,384,100
2020 $7,018 $1,513,900 $129,800 $1,384,100
2019 $7,018 $1,513,900 $129,800 $1,384,100
2018 $6,261 $1,513,900 $129,800 $1,384,100
2017 $6,261 $1,513,900 $129,800 $1,384,100
2013 -- $134,217 $123,600 $10,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 170905

High Country Association of REALTORS®

APN: 1879-54-8635-000