NOT LISTED FOR SALE

3075 Shawnee Rd Banner Elk, NC 28604

Estimated Value: $726,000 - $941,000

3 Beds
4 Baths
3,420 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 11, 2014

Last sale price $271,000 $79 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $4,551/month

Highlights

  • Home fronts a pond
  • 5 Acre Lot
  • Mountain Architecture
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Secondary Bathroom Jetted Tub

About This Home

As of August 2014

Five acres of gently sloping lawn with a large spring-fed pond and long-range mountain view ! A rare find priced well below market value subject to bank approval for a short sale. The home requires minimal exterior maintenance, clad with high grade vinyl siding, and offers spacious accommodations for a large family. With more than 3000 sq ft of finished living space, the home has loads of potential for full or part-time use. While the number of bedrooms is limited by the installed septic system, the home has at least two additional rooms that could accommodate overnight guests. This home offers a spacious basement garage with plenty of work space as well as a two car carport on the entry level. An additional 2.18 acre tract (broker owned) is available for $59,000 adjoining this home-site for a buyer wanting more land and additional privacy. Ask listing agent for information regarding Radon and Mold Disclosure.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1996

Lot Details

  • 5 Acre Lot
  • Home fronts a pond

Parking

  • 1 Car Garage
  • Carport
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Farmhouse Style Home
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Factory Built Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Outdoor Features

  • Open Patio

Schools

  • Valle Crucis Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1950965213000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 2420.0
  • Architectural Style: Farmhouse, Mountain
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 12

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: One, Factory Built, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub
  • Living Area: 3420.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Carport, Driveway, Garage, One Car Garage, Gravel, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Baseboard, Electric, Fireplace(s), Gas, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1950965213000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1426.0
  • Tax Book Number: P019 / 136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Aug 11, 2014
Sold by
Ingalls Robert W
Bought by
Goode Elizabeth J and Millingan John Michael
List Price
$271,000
Sold Price
$271,000
Current Estimated Value
$827,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,898
Avg. Annual Appreciation
10.52%
Original Mortgage
$243,900
Outstanding Balance
$183,439
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$644,459
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Goode Elizabeth J $271,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goode Elizabeth J $243,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2014 08/11/14 Sold $271,000 0.0% $79 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
06/26/2013 06/26/13 For Sale $271,000 -- $79 / 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 $1,723 $541,900 $73,500 $468,400
2023 $2,074 $541,900 $73,500 $468,400
2022 $2,074 $541,900 $73,500 $468,400
2021 $1,700 $357,700 $49,000 $308,700
2020 $1,700 $357,700 $49,000 $308,700
2019 $1,700 $357,700 $49,000 $308,700
2018 $1,522 $357,700 $49,000 $308,700
2017 $1,522 $357,700 $49,000 $308,700
2013 -- $392,900 $55,300 $337,600
Source: Public Records

Map

Source: High Country Association of REALTORS®

MLS Number: 179658

High Country Association of REALTORS®

APN: 1950-96-5213-000