NOT LISTED FOR SALE

280 Glove Factory Ln Banner Elk, NC 28604

Estimated Value: $347,000 - $596,000

2 Beds
2 Baths
1,447 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $202,500 $140 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,286/month

Highlights

  • Home fronts a creek
  • Views of Trees
  • Attic
  • Banner Elk Elementary School Rated A-
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of September 2020

Perfect cottage in the woods located just minutes to Banner Elk, Sugar Mountain, and Linville. This home sits on approximately .68 acres at the end of a secluded street offering a very private and peaceful setting close to town. This mountain cottage has timeless appeal with a spacious covered front porch with porch swing, that opens up and wraps around the home, with seasonal mountain views. The home has been updated over the years with new paint inside and out, updated kitchen and baths, and addition of a sunroom. Main level living is offered with an open great room with wood-burning fireplace, kitchen, dining, bedroom and bath. Upstairs you will find a bedroom, bonus room, full bath, and storage. Outside you have a gently sloping front yard and flat backyard with wonderful flower beds. This home is centrally located to all area amenities and is perfect for someone looking for seclusion with the convenience of being close to it all.

Last Agent to Sell the Property

Sarah Whitfield

Premier Sotheby's International Realty- Banner Elk Listed on: 07/23/2020

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Luke Fowler

Century 21 Mountain Vistas

Century 21 Mountain Vistas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1983

Lot Details

  • 0.68 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Partially Wooded Lot

Property Views

  • Trees
  • Seasonal

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,447 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Crawl Space
  • Attic

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Wrap Around Porch
  • Outdoor Storage

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Baseboard Heating
  • Spring water is a source of water for the property
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot Tract 3
  • Assessor Parcel Number 1858-19-51-4891-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$805

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1447.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 1447.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Seasonal View, Trees/Woods
  • View: Yes
  • Waterfront Features: Creek
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Storage, Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Kerosene
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Water Source: Spring

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1858-19-51-4891-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 805.0
  • Tax Book Number: 433/2433
  • Tax Lot: Tract 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Easterday Stephen and Easterday Pamela
Bought by
Easterday Stephen and Easterday Pamela
Current Estimated Value
$422,644

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 10, 2020
Sold by
Brent Jewell Gary and Brent Jessica
Bought by
Easterday Stephen and Easterday Pamela
Seller's Agent
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Luke Fowler
Century 21 Mountain Vistas
List Price
$202,500
Sold Price
$202,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$162,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2009
Sold by
Moss Gary T
Bought by
Jewell Gary Brent
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
Easterday Stephen -- None Listed On Document
Easterday Stephen -- None Listed On Document
Easterday Stephen $405 Wright Reeves Divenere
Jewell Gary Brent $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Easterday Stephen $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $202,500 0.0% $140 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $202,500 -- $140 / 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 $833 $208,300 $38,100 $170,200
2023 $833 $208,300 $38,100 $170,200
2022 $833 $208,300 $38,100 $170,200
2021 $805 $146,300 $23,700 $122,600
2020 $805 $146,300 $23,700 $122,600
2019 $805 $146,300 $23,700 $122,600
2018 $805 $146,300 $23,700 $122,600
2017 $713 $129,600 $0 $0
2016 $580 $129,600 $0 $0
2015 $580 $129,600 $23,700 $105,900
2012 -- $170,300 $31,600 $138,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 223312

High Country Association of REALTORS®

APN: 1858-19-51-4891-00000