NOT LISTED FOR SALE

271 Joe Pye Ln Banner Elk, NC 28604

Estimated Value: $666,000 - $1,247,000

3 Beds
3.5 Baths
2,240 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $450,000 $201 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,880/month

Highlights

  • Horse Facilities
  • River Access
  • River View
  • Valle Crucis Elementary School Rated A-
  • Spa
  • 5 Acre Lot

About This Home

As of April 2012

This is the Ultimate Mountain Home located in the heart of Valle Crucis. This hand hewn Log Home built in 2000 by Logs America is situated in the center of a rare 5 acre tract with Watauga River frontage. There's approximately 3 acres of wooded mountain side & 2 flat acres of yard that leads down to a Gazebo that sits on the river bank. Watch the Deer play in the yard & enjoy the Long Range Mountain Views from the Hot Tub situated in one corner of an expansive open deck that parallels the River. Enjoy the aestheticically pleasing imposing stone fireplace, vaulted living room ceiling & loft. Being Sold Furnished(with the exception of personal effects)including the Hot Tub. This uniquely designed home is HANDICAP ACCESSIBLE! Joe Pye Lane is a short dead end street providing a safe environment for children & pets. Walk out your back door & cast a line into your own State Stocked Trout Stream! Your minutes from the Historic Valle Crucis Mast Store, Winter Ski Resorts, Boone, the home of Appalachian State University, Blowing Rock, and Banner Elk, the home of Lees McCrae College.

Last Agent to Sell the Property

John Volpe

Keller Williams High Country Listed on: 05/01/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2000

Lot Details

  • 5 Acre Lot
  • River Front
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision,Other-See Remarks

Property Views

  • River
  • Pasture
  • Mountain

Home Design

  • Mountain Architecture
  • Log Cabin
  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Attic

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Spa
  • River Access
  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • Horse Facilities

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1980-27-0946-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2040.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: No
  • Year Built: 2000
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 2240.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Long Range, Mountain(s), Pasture, River
  • View: Yes
  • Waterfront Features: River Front, River Access
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Horse Facilities, Hot Tub/Spa, Other, See Remarks, Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Other, Private Sewer, See Remarks
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1980-27-0946-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision,Other-See Remarks
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1800.0
  • Tax Book Number: 1064/803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2011
Closed on
Apr 24, 2012
Sold by
Blau Eric C and Blau Jennifer
Bought by
Clare Thomas M and Clare Jacquline R
Seller's Agent
John Volpe
Keller Williams High Country
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$886,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,562
Avg. Annual Appreciation
5.16%
Original Mortgage
$360,000
Outstanding Balance
$249,826
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$636,736

Purchase Details

Closed on
Apr 5, 2005
Sold by
Kittnell J Bryant and Kittnell Cynthia D
Bought by
Blau Eric C and Blau Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,800
Interest Rate
5.79%
Mortgage Type
New Conventional
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
Clare Thomas M $450,000 None Available
Blau Eric C $45,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clare Thomas M $360,000
Previous Owner Blau Eric C $366,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $450,000 0.0% $201 / Sq Ft
03/31/2012 03/31/12 Pending -- -- --
05/01/2011 05/01/11 For Sale $450,000 -- $201 / 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 $2,101 $542,900 $101,400 $441,500
2023 $2,009 $524,300 $101,400 $422,900
2022 $2,009 $524,300 $101,400 $422,900
2021 $2,173 $462,100 $78,000 $384,100
2020 $2,173 $462,100 $78,000 $384,100
2019 $2,173 $462,100 $78,000 $384,100
2018 $1,942 $462,100 $78,000 $384,100
2017 $1,942 $462,100 $78,000 $384,100
2013 -- $472,200 $108,000 $364,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 166155

High Country Association of REALTORS®

APN: 1980-27-0946-000