NOT LISTED FOR SALE

250 Highland Dr Banner Elk, NC 28604

Estimated Value: $590,000 - $924,000

3 Beds
2.5 Baths
2,470 Sq Ft
$319/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $730,000 $296 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,731/month

44 Days on Market

Highlights

  • Spa
  • Mountain View
  • Furnished
  • Banner Elk Elementary School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of December 2022

BEST LOCATION IN BANNER ELK W/ FLAT LAND & EXTENSIVELY RENOVATED! This home is a MUST see & is a 2 minute drive to the TOWN OF BANNER ELK! This beautifully renovated home has 3 BEDROOMS & 2.5 BATHS w/ seasonal long range views. Home is situated on .81 of an acre, has a paved driveway & is nicely landscaped. NEW RENOVATIONS/UPDATES include new Pella windows/doors, kitchen cabinetry, stainless appliances, granite counters, refinished wood floors, T&G ceilings, heated floors in baths, renovated bathrooms, TREX decking, gutters PLUS a JACUZZI hot tub! Main level has the master suite w/ large walk-in closet & renovated rustic bath w/dual sinks & tile walk in shower. The family room has T&G wood ceilings, wood floors & a Quadrafire wood stove insert. The sunroom affords plenty of nature lighting! There is a 1/2 bath & laundry on main level as well. Upstairs are 2 bedrooms & a shared bath w/heated floors. There is 365 sq feet of living area above the attached garage currently being used as a workout room but can be an ADD'L 4TH BEDROOM. The 2 car garage has abundant storage/shelving. Would make an excellent rental and/or primary residence. Location doesn't get better than this!

Last Agent to Sell the Property

Cindy Giarrusso

Blue Ridge Realty & Investments Beech Mountain Listed on: 11/07/2022

Last Buyer's Agent

David Judy

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 1997

Lot Details

  • 0.81 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Mountain
  • Seasonal

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,470 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Stone Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Highlands Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-17-01-0126-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,213

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.81
  • Road Surface Type: Paved
  • Subdivision Name: Highlands
  • Above Grade Finished Sq Ft: 2470.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, Hot Tub/Spa
  • Living Area: 2470.0
  • Stories: 3

Exterior Features

  • View: Long Range, Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Fire Pit, Hot Tub/Spa, Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

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

Lot Info

  • Parcel #: 1859-17-01-0126-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3213.0
  • Tax Book Number: 449/221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Dec 12, 2022
Sold by
Lavelle John P and Lavelle Emily Ann
Bought by
Deal Marcia Christel and Deal Roger Charles
Seller's Agent
Cindy Giarrusso
Blue Ridge Realty & Investments Beech Mountain
Buyer's Agent
David Judy
Keller Williams High Country
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%
Views
13
Current Estimated Value
$850,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,542
Avg. Annual Appreciation
2.89%
Original Mortgage
$200,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2010
Sold by
Artha Investments Llc
Bought by
Lavelle John P and Lavelle Emily Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.7%
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
Deal Marcia Christel $730,000 --
Lavelle John P $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deal Roger Charles $150,000
Closed Deal Marcia Christel $200,000
Previous Owner Lavelle John P $197,000
Previous Owner Lavelle John P $204,000
Previous Owner Parkhurst Joseph Charles $205,000
Previous Owner Parkhurst Joseph Charles $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $730,000 -2.5% $296 / Sq Ft
11/07/2022 11/07/22 For Sale $749,000 -- $303 / 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 $1,578 $373,600 $25,000 $348,600
2023 $1,494 $373,600 $25,000 $348,600
2022 $1,494 $373,600 $25,000 $348,600
2021 $1,102 $200,400 $15,000 $185,400
2020 $2,224 $200,400 $15,000 $185,400
2019 $2,224 $200,400 $15,000 $185,400
2018 $1,092 $200,400 $15,000 $185,400
2017 $2,331 $206,300 $0 $0
2016 $923 $206,300 $0 $0
2015 $923 $206,300 $15,000 $191,300
2012 -- $236,900 $25,000 $211,900
Source: Public Records

Agents Affiliated with this Home

  • Cindy Giarrusso

    Seller's Agent in 2022

    Cindy Giarrusso

    Blue Ridge Realty & Investments Beech Mountain

    (828) 964-2896

    19 in this area

    244 Total Sales

    Cindy Giarrusso
    Section Image

  • D

    Buyer's Agent in 2022

    David Judy

    Keller Williams High Country

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 240565

High Country Association of REALTORS®

APN: 1859-17-01-0126-00000

North Carolina Avery County Banner Elk 28604

250 Highland Dr, Banner Elk, NC

This home is located at 250 Highland Dr, Banner Elk, NC 28604 since 07 November 2022 and is currently estimated at $788,738, approximately $319 per square foot. This property was built in 1997. 250 Highland Dr is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Grandfather Academy.

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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