NOT LISTED FOR SALE

264 Spice Apple Way Banner Elk, NC 28604

Estimated Value: $998,000 - $1,808,000

3 Beds
2 Baths
3,009 Sq Ft
$476/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $940,000 $312 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,010/month

Highlights

  • Gated Community
  • 2.74 Acre Lot
  • Cathedral Ceiling
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Partially Wooded Lot

About This Home

As of February 2020

Beautiful log home constructed of massive hand scribed Canadian logs with tremendous views overlooking the valley below. This home was built by log craftsmen in Canada, disassembled, transported and re-asembled on this mountain top. The greatroom features a two story wood burning natural stone fireplace, soaring ceilings and a wall of windows taking advantage of the gorgeous mountain views. Home is situated on two lots totaling almost 3 acres with NC state conservancy land boundaries, situated at 4004 feet elevation with end of road privacy. Location is perfect, close to Boone, Blowing Rock and Banner Elk and all High country activities. Furnishings negotiable. Property is subject to the NC vacation rental act.

Last Agent to Sell the Property

Suheila Bookwalter

Howard Hanna Allen Tate Realto Listed on: 05/01/2019

Howard Hanna Allen Tate Realto

Co-Listed By

Bob Novacek

Blowing Rock Properties, Inc

Last Buyer's Agent

Michele McCubbins

Howard Hanna Allen Tate Real Estate Blowing Rock

Howard Hanna Allen Tate Real Estate Blowing Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 2000

Lot Details

  • 2.74 Acre Lot
  • Property fronts a private road
  • Southern Exposure
  • Partially Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Oversized Parking
  • Private Parking
  • Gravel Driveway

Home Design

  • Log Cabin
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Log Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Wrap Around Porch
  • Open Patio

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Shared Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 8 and 9
  • Assessor Parcel Number 1877591129000

Community Details

Overview

  • Spice Branch At Grandfather Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,729

Year Built

Built in 2000

Lot Details

0

HOA Fees

$54 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.743
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 40
  • Co List Office Phone: (828) 295-9200
  • Subdivision Name: Spice Branch At Grandfather
  • Above Grade Finished Sq Ft: 2913.0
  • Architectural Style: Log Home
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2000
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Gas Cooktop, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 96.0
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s), Jetted Tub
  • Living Area: 3009.0
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Log, Stone
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement, Slab
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Basement, Driveway, Garage, One Car Garage, Gravel, Oversized, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 3 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 650.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1877591129000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1729.0
  • Tax Book Number: 1771/819
  • Tax Lot: 8 and 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Feb 19, 2020
Sold by
Duffy Patricia Mcgarvey
Bought by
R & M Properties Of Hyde County Llc
Seller's Agent
Suheila Bookwalter
Howard Hanna Allen Tate Realto
Buyer's Agent
Michele McCubbins
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$940,000
Sold Price
$940,000
Current Estimated Value
$1,433,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,513
Avg. Annual Appreciation
7.80%
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
R & M Properties Of Hyde County Llc $940,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $940,000 0.0% $312 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
05/01/2019 05/01/19 For Sale $940,000 -- $312 / 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 $3,909 $1,034,300 $185,100 $849,200
2023 $3,886 $1,034,300 $185,100 $849,200
2022 $3,886 $1,034,300 $185,100 $849,200
2021 $2,947 $632,800 $57,400 $575,400
2020 $1,933 $409,100 $57,400 $351,700
2019 $1,933 $409,100 $57,400 $351,700
2018 $1,729 $409,100 $57,400 $351,700
2017 $1,729 $409,100 $57,400 $351,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 214344

High Country Association of REALTORS®

APN: 1877-59-1129-000