NOT LISTED FOR SALE

298 Camelot Dr Banner Elk, NC 28604

Estimated Value: $681,000 - $831,000

3 Beds
3 Baths
1,762 Sq Ft
$430/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $735,000 $417 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,269/month

99 Days on Market

Highlights

  • Pasture Views
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Valle Crucis Elementary School Rated A-
  • Mountain Architecture
  • 2 Car Attached Garage

About This Home

As of October 2023

Stellar long-range mountain and pastoral views from this picturesque log cabin in the Camelot subdivision. Soak in the views from the covered rocking porch or step inside to the main level with vaulted tongue and groove ceilings, windows abound to take in the mountain views and let in the natural light. A beautiful stone fireplace is the center of attention in the den with the kitchen leading to another porch with a fenced-in area. Off the kitchen is the primary bedroom, bath and laundry with two additional guest bedrooms and a full bath on the other side of the home. Two-car garage with ample storage. The owners lovingly built this log home in 2008 and finished the basement by adding two additional bedrooms, a full bath, and an office and study after the original home was built. The basement space is not permitted. Great fenced-in yard and deck for entertaining. Short-term rentals are allowed in Camelot. The owners have never rented. Arthur Ward built the original home and finished the basement. The home is not being sold furnished. Use caution on the step leading to the front door, it is to be replaced.

Last Agent to Sell the Property

Morgan Beck Herdklotz

Premier Sotheby's International Realty- Banner Elk Listed on: 06/05/2023

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

James Canterbury

The Summit Group Of The Carolinas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,291

Year Built

  • Built in 2008

Lot Details

  • 1.17 Acre Lot
  • Property fronts a private road
  • Property is Fully Fenced

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Property Views

  • Pasture
  • Mountain

Home Design

  • Mountain Architecture
  • Log Cabin
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Stone

Interior Spaces

  • 1,762 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Propane Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Sewer Applied For Permit
  • High Speed Internet
  • Cable TV Available

Community Details

  • Camelot Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 12
  • Assessor Parcel Number 1960-52-1052-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,291

Year Built

Built in 2008

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Camelot
  • Above Grade Finished Sq Ft: 1762.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-898-5022
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1762.0
  • Stories: 2

Exterior Features

  • Fencing: Full
  • View: Long Range, Mountain(s), Pasture
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Log Siding, Stone, Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Car Garage, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom, Sewer Applied for Permit
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1960-52-1052-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1291.46
  • Tax Book Number: 604/627
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Oct 24, 2023
Sold by
Samples Stephen J and Samples Patsy T
Bought by
Chajas Camelot Llc
Seller's Agent
Morgan Beck Herdklotz
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
James Canterbury
The Summit Group Of The Carolinas
List Price
$799,900
Sold Price
$735,000
Premium/Discount to List
-$64,900
-8.11%
Views
174
Current Estimated Value
$758,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,220
Avg. Annual Appreciation
2.51%
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
Chajas Camelot Llc $735,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samples Stephen J $280,000
Previous Owner Samples Stephen J $14,000
Previous Owner Samples Stephen J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $735,000 -5.2% $417 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $775,000 -3.1% $440 / Sq Ft
06/05/2023 06/05/23 For Sale $799,900 -- $454 / 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 $1,790 $458,400 $51,700 $406,700
2023 $1,767 $458,400 $51,700 $406,700
2022 $1,767 $458,400 $51,700 $406,700
2021 $1,738 $366,100 $51,700 $314,400
2020 $1,738 $366,100 $51,700 $314,400
2019 $1,738 $366,100 $51,700 $314,400
2018 $1,555 $366,100 $51,700 $314,400
2017 $1,555 $366,100 $51,700 $314,400
2013 -- $329,200 $32,300 $296,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 243839

High Country Association of REALTORS®

APN: 1960-52-1052-000