NOT LISTED FOR SALE

2467 Elk River Pkwy Banner Elk, NC 28604

Estimated Value: $1,201,000 - $1,679,746

4 Beds
4.5 Baths
3,818 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $500,000 $131 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $8,252/month

Highlights

  • Golf Course Community
  • Gated Community
  • Mountain View
  • Banner Elk Elementary School Rated A-
  • 1.68 Acre Lot
  • Mountain Architecture

About This Home

As of March 2014

REDUCED! Beautiful Custom mountain home located within the prestigious Elk River Community.Elk River offers attractions for all individuals searching for an exciting mountain experience Elk River Community takes in over 1200 acres of the Blue Ridge Mountains in Western NC.Amenities offered at Elk River include gated security entrance 24/7,premier Golf Course,Jet Terminal,Tennis,Club House,Equestrian Center and Walking Trails.Home is set on the upper ridge of development.Proof of funds required for cash offers. Preapproval and proof of funds required for financing offers.Must See to Appreciate.

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1999

Lot Details

  • 1.68

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2 Fireplaces
  • Propane Fireplace
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Sewer

Additional Features

  • Covered Patio or Porch
  • 1.68 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 184800036267

Community Details

Overview

  • Elk River Subdivision

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,962

Year Built

Built in 1999

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.68
  • Subdivision Name: Elk River
  • Above Grade Finished Sq Ft: 2226.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: Full, Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1592.0
  • Fireplace Features: Two, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3818.0

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered
  • Roof: Shake, Wood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Gated
  • Association Fee: 3000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 184800036267
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4962.0
  • Tax Book Number: 405/3400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2013
Closed on
Mar 12, 2014
Sold by
Branch Banking And Trust Co
Bought by
Mills Fred G
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$1,456,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$956,187
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Feb 6, 2013
Sold by
Elliott Robert E and Elliott Leslie C
Bought by
Branch Banking And Trust Co

Purchase Details

Closed on
Aug 22, 2006
Sold by
Hall George F
Bought by
Elliot Robert E and Elliot Leslie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mills Fred G $500,000 None Available
Branch Banking And Trust Co $893,000 None Available
Elliot Robert E $1,422,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliot Robert E $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $500,000 0.0% $131 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
02/18/2013 02/18/13 For Sale $500,000 -- $131 / 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 $3,646 $911,500 $275,000 $636,500
2023 $3,646 $911,500 $275,000 $636,500
2022 $3,646 $911,500 $275,000 $636,500
2021 $4,471 $812,900 $300,000 $512,900
2020 $4,471 $812,900 $300,000 $512,900
2019 $4,471 $812,900 $300,000 $512,900
2018 $4,471 $812,900 $300,000 $512,900
2017 $4,883 $887,900 $0 $0
2016 $3,971 $887,900 $0 $0
2015 $3,971 $887,900 $300,000 $587,900
2012 -- $1,225,300 $380,000 $845,300
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2014

    NONMLS MEMBER

    NONMLS

    164 in this area

    2,432 Total Sales

    NONMLS MEMBER
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Map

Source: High Country Association of REALTORS®

MLS Number: 176837

High Country Association of REALTORS®

APN: 1848-00-03-6267-00000

North Carolina Avery County Banner Elk 28604

2467 Elk River Pkwy, Banner Elk, NC

This home is located at 2467 Elk River Pkwy, Banner Elk, NC 28604 since 18 February 2013 and is currently estimated at $1,456,187, approximately $381 per square foot. This property was built in 1999. 2467 Elk River Pkwy is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Avery County High School.

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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