NOT LISTED FOR SALE

25 Frostfire Trail Banner Elk, NC 28604

Estimated Value: $1,260,000 - $1,431,000

2 Beds
3.5 Baths
2,544 Sq Ft
$532/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $1,250,000 $491 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,882/month

97 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Mountain Architecture
  • Banner Elk Elementary School Rated A-
  • Vaulted Ceiling
  • 2 Fireplaces

About This Home

As of September 2022

New construction with a view, and one mile from the main gate! Beautifully appointed property where modern rustic meets mountain luxury. 2 bedrooms plus bunk room. Attention to detail abounds starting with an open, well appointed kitchen with vaulted wood ceiling, gas range with hood, exquisite granite topped island, wine fridge and ample KraftMaid cabinetry. Open and bright great room with gas fireplace leads to inviting covered and uncovered wrap around deck. Year round, sunset mountain views! Main level has spacious primary bedroom with deck access, vaulted wood ceiling and master bath has stunning walk in shower, soaking tub, dual sinks and appealing fixtures. Lower level has a welcoming den area with gas fireplace, generous decking with hot tub, wet bar, guest bedroom with deck access, and beautiful tiled walk in shower, a bonus bunk room, laundry area and guest full bath. Plenty of room for family and friends. Outstanding mountain retreat or vacation rental. Comes furnished and ready to occupy. LVP flooring, rinnai water heater, central air, metal roof and comes with marvelous furnishings. Minutes to downtown Banner Elk. Rental history available.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 06/10/2022

Last Buyer's Agent

Lynne Lear

The Lear Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,621

Year Built

  • Built in 2020

Lot Details

  • 0.4 Acre Lot
  • Property fronts a private road

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Wrap Around Porch
  • Open Patio

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 36A
  • Assessor Parcel Number 18390097423700000

Community Details

Overview

  • The Lodges At Eagles Nest Subdivision

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,621

Year Built

Built in 2020

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Lodges At Eagles Nest
  • Above Grade Finished Sq Ft: 1272.0
  • Architectural Style: Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2020
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1272.0
  • Fireplace Features: Two, Gas, Stone, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Furnished, Vaulted Ceiling(s)
  • Living Area: 2544.0
  • Stories: 2

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 4800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 18390097423700000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3621.2
  • Tax Book Number: 543/591
  • Tax Lot: 36A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 13, 2022
Sold by
Trust Agreement Of Edward P Kozek
Bought by
Throckkmorton Christopher and Lowe Laura
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Lynne Lear
The Lear Group Real Estate
List Price
$1,390,000
Sold Price
$1,250,000
Premium/Discount to List
-$140,000
-10.07%
Current Estimated Value
$1,354,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,634
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Oct 22, 2020
Sold by
Eagles Nest Holdings Llc
Bought by
Mcgiverin Jonathan and Mcgiverin Madeline

Purchase Details

Closed on
Sep 7, 2018
Sold by
Eagle Nest Holdings Llc
Bought by
Kozek Edward P and Trust Agreement Of Edward P Kozek
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
Throckkmorton Christopher $2,500 --
Mcgiverin Jonathan $135,000 None Available
Kozek Edward P $160,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $1,250,000 -10.1% $491 / Sq Ft
06/10/2022 06/10/22 For Sale $1,390,000 -- $546 / 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 $3,175 $754,800 $165,000 $589,800
2023 $3,175 $754,800 $165,000 $589,800
2022 $0 $754,800 $165,000 $589,800
2021 $3,621 $658,400 $150,000 $508,400
2020 $1,548 $281,400 $150,000 $131,400
2019 $998 $181,400 $150,000 $31,400
2018 $0 $463,600 $150,000 $313,600
Source: Public Records

Agents Affiliated with this Home

  • Tracy Simms

    Seller's Agent in 2022

    Tracy Simms

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 898-7229

    53 in this area

    256 Total Sales

    Tracy Simms
    Section Image
  • Lynne Lear

    Buyer's Agent in 2022

    Lynne Lear

    The Lear Group Real Estate

    (828) 898-5022

    13 in this area

    71 Total Sales

    Lynne Lear
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 238003

High Country Association of REALTORS®

APN: 18390097423700000

North Carolina Avery County Banner Elk 28604

25 Frostfire Trail, Banner Elk, NC

This home is located at 25 Frostfire Trail, Banner Elk, NC 28604 since 10 June 2022 and is currently estimated at $1,354,634, approximately $532 per square foot. This property was built in 2020. 25 Frostfire Trail is a home located in Avery County with nearby schools including Banner Elk Elementary School and Cranberry Middle 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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