267 Reservoir Hill Rd Elk Park, NC 28622
4
Beds
3
Baths
2,264
Sq Ft
0.58
Acres
Highlights
- Guest House
- Golf Course Community
- 1 Fireplace
- Cranberry Middle School Rated 9+
- Mountain Architecture
- No HOA
About This Home
As of November 2024MOTIVATED SELLERS - PRICED TO SELL! This mountain home comes with lots of possibilities, with three levels, three full baths, and four bedrooms, as well as a separate building just waiting for your imagination! The home's 2nd floor allows for many possibilities, with one bedroom/full bath, and a larger room which has variously been utilized as another bathroom and an exercise room. The lower-level can be separated from the upper levels with outside access, allowing it to be used as a separate rental. The additional structure on the property can easily be remodeled to use as a third rental unit. All this, coupled with wood floors throughout, nearly new stainless steel appliances, new granite counters, and board and batten throughout, make this a mountain gem which has been meticulously maintained. The creative flow of the house permits traditional living while also allowing for imaginative use of space with different living and entertaining options.
The large back yard features both an open space as well as a fenced-in area which can be used as either a dog run, or a safe, contained children's play area.
Recreate that "Mayberry" feel by enjoying cool summer nights on the huge wrap-around deck which sits at a perfect elevation--not too hot, not too cold, with easy year-round access to the main road (US-19E). This property is separate enough that it remains serene, yet is close enough to area attractions that it can be thought of as being in the middle of everything! Mountain nightlife can be had just a few minutes away near the Appalachian Trailhead at The Appalachian Station. A half-hour drive brings you to the ski destinations of Beech and Sugar Mountains, the quaint town of Banner Elk, the wonder of Linville's wildlife natural area, caverns, and falls, and the small town of Newland. Downtown Elk Park is three minutes away. The larger towns of Boone and Johnson City Tennessee are within a forty-minute drive. Don't miss this one!
Last Agent to Sell the Property
Century 21 Mountain Vistas Brokerage Phone: (828) 264-9111 Listed on: 04/06/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,945
Year Built
- Built in 2004
Parking
- Driveway
Home Design
- Mountain Architecture
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- 1 Fireplace
- Finished Basement
- Laundry in Basement
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Freedom Trail Elementary School
- Cranberry Middle School
- Avery County High School
Utilities
- Forced Air Heating and Cooling System
- High Speed Internet
Additional Features
- Covered Patio or Porch
- 0.58 Acre Lot
- Guest House
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1818-08-99-2367-00000
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2024
Closed on
Oct 29, 2024
Sold by
Hill Seth and Sanchez Vanessa
Bought by
Brown Buford Edgar and Brown Ashlyn Jordan
Seller's Agent
Eric Thomas
Century 21 Mountain Vistas
Buyer's Agent
David Pittman
High Country Resort Properties
List Price
$399,000
Sold Price
$361,500
Premium/Discount to List
-$37,500
-9.4%
Views
141
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,825
Avg. Annual Appreciation
2.65%
Original Mortgage
$111,500
Outstanding Balance
$110,498
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$258,827
Purchase Details
Listed on
Jul 1, 2021
Closed on
Apr 6, 2022
Sold by
Johnston Jr James M and Johnston Grace M
Bought by
Hill Seth
Seller's Agent
James Canterbury
The Summit Group Of The Carolinas
Buyer's Agent
Melissa Plemmons
EXP Realty LLC
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.38%
Original Mortgage
$365,000
Interest Rate
5%
Mortgage Type
VA
Purchase Details
Closed on
Jun 23, 2010
Sold by
Fannie Mae
Bought by
Johnston James M and Johnston Grace M
Purchase Details
Closed on
Jan 13, 2010
Sold by
Ward Otis Dean and Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jun 6, 2007
Sold by
Ward Otis Dean
Bought by
Ward Otis Dean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,932
Interest Rate
6.16%
Mortgage Type
New Conventional
Similar Homes in Elk Park, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $361,500 | None Listed On Document | |
| Warranty Deed | $365,000 | Tomow W Mcnair | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $111,500 | New Conventional | |
| Previous Owner | $365,000 | VA | |
| Previous Owner | $188,932 | New Conventional | |
| Previous Owner | $116,473 | Unknown | |
| Previous Owner | $79,400 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $361,500 | +0.4% | $160 / Sq Ft |
| 07/31/2024 07/31/24 | Price Changed | $360,000 | -4.0% | $159 / Sq Ft |
| 07/03/2024 07/03/24 | Price Changed | $375,000 | -3.6% | $166 / Sq Ft |
| 06/04/2024 06/04/24 | Price Changed | $389,000 | -1.1% | $172 / Sq Ft |
| 05/28/2024 05/28/24 | Price Changed | $393,500 | -0.1% | $174 / Sq Ft |
| 05/02/2024 05/02/24 | Price Changed | $394,000 | -1.3% | $174 / Sq Ft |
| 04/06/2024 04/06/24 | For Sale | $399,000 | +9.3% | $176 / Sq Ft |
| 04/19/2022 04/19/22 | Sold | $365,000 | -2.7% | $150 / Sq Ft |
| 03/02/2022 03/02/22 | Pending | -- | -- | -- |
| 07/01/2021 07/01/21 | For Sale | $375,000 | -- | $154 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $1,111 | $277,800 | $25,000 | $252,800 |
| 2023 | $1,111 | $277,800 | $25,000 | $252,800 |
| 2022 | $1,111 | $277,800 | $25,000 | $252,800 |
| 2021 | $993 | $180,500 | $9,500 | $171,000 |
| 2020 | $1,534 | $180,500 | $9,500 | $171,000 |
| 2019 | $1,534 | $180,500 | $9,500 | $171,000 |
| 2018 | $993 | $180,500 | $9,500 | $171,000 |
| 2017 | $1,538 | $180,900 | $0 | $0 |
| 2016 | $809 | $180,900 | $0 | $0 |
| 2015 | $809 | $180,900 | $9,500 | $164,100 |
| 2012 | -- | $239,400 | $10,000 | $229,400 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Thomas
Seller's Agent in 2024
Eric Thomas
Century 21 Mountain Vistas
(828) 260-8330
1 in this area
34 Total Sales
-
David Pittman
D
Buyer's Agent in 2024
David Pittman
High Country Resort Properties
(828) 387-5836
3 in this area
53 Total Sales
-
James Canterbury
J
Seller's Agent in 2022
James Canterbury
The Summit Group Of The Carolinas
(828) 260-5528
2 in this area
96 Total Sales
-
Marsha McManus
M
Seller Co-Listing Agent in 2022
Marsha McManus
The Summit Group Of The Carolinas
(828) 260-2490
3 in this area
107 Total Sales
-
Melissa Plemmons
Buyer's Agent in 2022
Melissa Plemmons
EXP Realty LLC
(828) 337-2200
1 in this area
107 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 248473
APN: 1818-08-99-2367-00000
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.
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.
Nearby Homes
- 110 Old Mill Rd
- 1171 Little Elk Rd
- 2873 Elk River Rd
- 401 Turkey Knob Ln
- 423 Dark Hollow Rd
- 370 Woodland Hills Dr Unit 44
- 370 Woodland Hills Dr
- 840 Brooks Shell Rd
- tbd Poplar Dr
- 40 Ollis Ridge Ln
- Lot14 Cranberry View
- Lot 44 May Apple Trail
- 331 May Apple Trail
- Lot 32 Jewel Weed Trail
- Lot 31 Jewel Weed Trail
- 409 Jewel Weed Trail
- TBD White Pine Cir
- Lot 24 Jewel Weed
- 190 Raspberry Ln
- 680 Bear Paw Rd