NOT LISTED FOR SALE

273 Oliver Hill Rd Banner Elk, NC 28604

Estimated Value: $387,000 - $638,000

3 Beds
2 Baths
1,260 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $305,000 $242 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,641/month

120 Days on Market

Highlights

  • Barn
  • 2.91 Acre Lot
  • Pasture
  • Valle Crucis Elementary School Rated A-
  • Traditional Architecture
  • Heating System Uses Kerosene

About This Home

As of November 2014

This is an absolute jewel in the mountains. In the heart of the Matney community this farm house dates back to the 1800's and has been brought up to date with amazing results. A tributary of upper crab orchard creek runs thru the edge of the property for the livestock to drink from. A new 3 stall horse barn with a finished tack room attached makes this property stand out. The barn near the house offers a man cave that you will not believe with cable TV, a wood burner, and has a finished loft area for sleeping as well. The covered front porch on the house is asking you to come sit a while

Last Agent to Sell the Property

Allen Yates

Allen Yates Realty License #303442 Listed on: 04/29/2014

Last Buyer's Agent

Allen Yates

Allen Yates Realty License #303442 Listed on: 04/29/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 1890

Lot Details

  • 2.91 Acre Lot
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Brick Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Valle Crucis Elementary School
  • None Middle School
  • Watauga High School

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Private Water Source
  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,060

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Directions: From Boone take hwy 105 to a right on Broadstone road, then 3 miles to a left on Hwy 194 for 3.5 miles to a right on Oliver Hill Rd. first house on the left
  • Prop. Type: Residential
  • Year Built: 1890
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Traditional
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.91
  • General Property Description Zoning2: none
  • General Property Description Elementary School3: Valle Crucis
  • General Property Description Middle School2: None
  • General Property Description High School3: Watauga High School
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: 2.91
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1260.0
  • General Property Description Above Grade SqFt: 1260.0
  • General Property Description Parcel ID2: remarks
  • General Property Description Stories2: 2
  • TopographyLot Description Pasture2: Yes
  • Roof Metal3: Yes
  • Other Structures Barn(s): Yes
  • Sewer Private Sewer: Yes
  • Water Private: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Brick
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 2
  • Fireplace:Brick3: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Other Structures: Barn(s)
  • Acres: 2.91
  • Topography: Pasture
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Kerosene
  • Sewer: Private Sewer
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Kerosene: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga High School
  • Middle Or Junior School: None

Lot Info

  • Zoning: none
  • Lot Dimensions: 2.91
  • Lot Size Sq Ft: 126759.6
  • ResoLotSizeUnits: Acres
  • Parcel #: remarks
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 942

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Nov 14, 2014
Sold by
Buckman Kevin C and Buckman Anna Marie
Bought by
Clawson Franklin W and Clawson Nancy D
Seller's Agent
Allen Yates
Allen Yates Realty
Buyer's Agent
Allen Yates
Allen Yates Realty
List Price
$329,000
Sold Price
$305,000
Premium/Discount to List
-$24,000
-7.29%
Current Estimated Value
$468,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,520
Avg. Annual Appreciation
4.02%
Original Mortgage
$244,000
Outstanding Balance
$190,660
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$274,889
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
Clawson Franklin W $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clawson Franklin W $244,000
Previous Owner Buckman Kevin C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $305,000 -7.3% $242 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $329,000 -- $261 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $1,060 $260,000 $64,000 $196,000
2023 $1,052 $264,000 $64,000 $200,000
2022 $1,052 $264,000 $64,000 $200,000
2021 $948 $191,500 $42,700 $148,800
2020 $948 $191,500 $42,700 $148,800
2019 $948 $191,500 $42,700 $148,800
2018 $852 $191,500 $42,700 $148,800
2017 $853 $191,500 $42,700 $148,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 347509

Tennessee/Virginia Regional MLS

APN: 1869-89-4075-000