NOT LISTED FOR SALE

267 Hemlock Rd Banner Elk, NC 28604

Estimated Value: $117,000 - $573,000

1 Bed
2 Baths
507 Sq Ft
$627/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $240,000 $473 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,913/month

34 Days on Market

Highlights

  • Fishing
  • Home fronts a pond
  • Chalet
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Clubhouse

About This Home

As of November 2023

This small mountain chalet is situated in the heart of nature, surrounded by towering oak trees, large boulders, and, of course, the majestic mountains. It provides easy access to hiking trails, skiing slopes, and other outdoor activities, making it an ideal retreat for nature enthusiasts. Upon entering the chalet, you'll find yourself in a cozy living space characterized by exposed wooden beams and large windows allowing natural light to flood the rooms. The interior is designed to evoke a sense of warmth and comfort, with plush furnishings and soft, earthy tones throughout. The open floor plan seamlessly connects the living room to the dining area and kitchen. The bedroom is tucked away just off the living room, offering a restful atmosphere after a day of outdoor adventures. Step outside onto the deck and enjoy the mountain views from the porch swing or share a meal with friends at the picnic table that is perched high and surround by native deciduous trees. The lower level is just down the outdoor staircase and leads you to another living space that is best described as an efficiency. The living area doubles as the sleeping space with a pull out sofa that is spacious and cozy. The kitchenette has plenty of cabinet storage, counter top space, sink and refrigerator. The full bathroom is clean and functional with updated amenities and built in shelves. An oversized laundry room and storage area are easily accessible from the lower level as well. Come take a look at this quaint mountain chalet, it is the epitome of comfort and tranquility, offering a peaceful escape from the hustle and bustle of city life while allowing you to immerse yourself in the beauty of the natural world.

Last Agent to Sell the Property

Susan Stelling

EXP Realty LLC Brokerage Phone: (828) 386-6047 Listed on: 09/28/2023

EXP Realty LLC

Last Buyer's Agent

Garrett Andersson

The Andersson Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $427

Year Built

  • Built in 1996

Lot Details

  • 4,356 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • No Garage

Property Views

  • Mountain
  • Seasonal

Home Design

  • Chalet
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 507 Sq Ft Home
  • 1-Story Property
  • Living Quarters
  • Closed Circuit Camera
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Stream or River on Lot
  • Open Patio
  • Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot D40,D41
  • Assessor Parcel Number 1878958960000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$427

Year Built

Built in 1996

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 507.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 386-6047
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Cooktop, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Exterior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 507.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • View: Long Range, Mountain(s), Seasonal View
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Other Structures: Living Quarters
  • Patio And Porch Features: Multiple, Open
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Basement
  • Security: Closed Circuit Camera(s)
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878958960000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 426.81
  • Tax Book Number: 2223/369
  • Tax Lot: D40,D41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Oct 30, 2023
Sold by
Mane Ly Chou and Craig Edward
Bought by
Schmidt Justin Matthew and Schmidt Brandi Rebecca
Seller's Agent
Susan Stelling
EXP Realty LLC
Buyer's Agent
Garrett Andersson
The Andersson Group
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Views
91
Current Estimated Value
$317,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,890
Avg. Annual Appreciation
11.75%
Original Mortgage
$180,000
Outstanding Balance
$176,198
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$119,203

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 17, 2021
Sold by
Husted Amy Lynn Fisher and Husted Jon
Bought by
Marze Ly Chou and Marze Craig Edward
Seller's Agent
Michelle Kowalski
Blowing Rock Real Estate, LLC
Buyer's Agent
Roxanne Saltman
Boone Realty
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.23%

Purchase Details

Closed on
Feb 15, 2021
Sold by
Kramer Deborah Ann and Fisher Donald M
Bought by
Husted Amy Lynn Fisher and Husted Jon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schmidt Justin Matthew $240,000 None Listed On Document
Marze Ly Chou $175,000 None Available
Husted Amy Lynn Fisher $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Justin Matthew $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $240,000 -3.6% $473 / Sq Ft
09/28/2023 09/28/23 For Sale $249,000 +42.3% $491 / Sq Ft
09/27/2021 09/27/21 Sold $175,000 0.0% $346 / Sq Ft
08/30/2021 08/30/21 For Sale $175,000 -- $346 / 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 $656 $150,300 $13,800 $136,500
2023 $633 $150,300 $13,800 $136,500
2022 $633 $150,300 $13,800 $136,500
2021 $501 $93,000 $12,500 $80,500
2020 $501 $93,000 $12,500 $80,500
2019 $501 $93,000 $12,500 $80,500
2018 $455 $93,000 $12,500 $80,500
2017 $455 $93,000 $12,500 $80,500
2013 -- $85,600 $10,000 $75,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 246042

High Country Association of REALTORS®

APN: 1878-95-8960-000