NOT LISTED FOR SALE

325 Buena Vista Loop Banner Elk, NC 28604

Estimated Value: $1,447,000 - $1,909,000

6 Beds
5 Baths
5,184 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $1,050,000 $203 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,293/month

Highlights

  • Spa
  • Mountain View
  • Outdoor Fireplace
  • Banner Elk Elementary School Rated A-
  • Cathedral Ceiling
  • Mountain Architecture

About This Home

As of August 2020

Experience The Scarboro! Sitting at 5300 ft in elevation it majestically overlooks long range multilayered views and Grandfather! Poplar bark, cedar and stone graces this exquisite Sugar Pointe home with 6+ bedrooms, 5 full baths and an oversized 2 car garage.What a rare find. Built is 2008 and having over 5000 sq. ft. of heated space, this home has so much to offer.Vaulted and cathedral T & G ceilings, a gourmet kitchen with granite and SS appliances, custom cabinetry and tile throughout the house, hardwood floors, 2 fireplaces (indoor and outdoor), 4 covered decks, 2 master suites, an additional 7th BR over the garage, a game room with pool table and arcade games in the basements den, a private upper level BR with 100 yr old barn wood walls & a sitting area with incredible views and so much more. In 2015 solar panels and a Geothermal system was installed to make the home energy efficient. Enjoy the southern exposure views while sitting on the deck beside the outside fireplace.The home is currently in a vacation rental program and has an excellent rental history.There are TV's in every room, fiber optics, a large hot tub and is being offered furnished with just a few exceptions.

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 06/01/2020

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,528

Year Built

  • Built in 2008

Lot Details

  • 0.59 Acre Lot
  • Property fronts a private road
  • Southern Exposure
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone Veneer
  • Cedar

Interior Spaces

  • 3-Story Property
  • Furnished
  • Tray Ceiling
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Hung Windows
  • Mountain Views
  • Finished Basement
  • Laundry in Basement
  • Attic Fan

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Banner Elk Elementary School
  • Ashe County Middle School
  • Avery County High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Geothermal Heating and Cooling
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sugar Pointe Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 99
  • Assessor Parcel Number 1847-00-94-8985-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,528

Year Built

Built in 2008

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Sugar Pointe
  • Above Grade Finished Sq Ft: 3326.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1858.0
  • Fireplace Features: Gas, Other, See Remarks, Stone, Wood Burning, Outside, Propane
  • Fireplace: Yes
  • Interior Amenities: Attic, Tray Ceiling(s), Cathedral Ceiling(s), Furnished, Hot Tub/Spa, Vaulted Ceiling(s), Window Treatments, Jetted Tub
  • Living Area: 5184.0
  • Stories: 3
  • Window Features: Double Hung, Window Treatments

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Frame, Stone Veneer, Wood Siding
  • Exterior Features: Hot Tub/Spa, Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: In Basement, Main Level
  • Cooling: Central Air, Zoned, Attic Fan
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Gas, Geothermal, Other, Solar, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Ashe County

Lot Info

  • Parcel #: 1847-00-94-8985-00000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7528.0
  • Tax Book Number: 419/762
  • Tax Lot: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Aug 8, 2020
Sold by
Lawsin Rogelio and Lawsin Stella
Bought by
Stewart Jeffrey S and Stewart Christine S
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$1,682,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,665
Avg. Annual Appreciation
9.51%
Original Mortgage
$635,000
Outstanding Balance
$450,888
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,231,777

Purchase Details

Listed on
Jun 1, 2020
Closed on
Aug 4, 2020
Sold by
Stewart Jeffrey S and Stewart Christine S
Bought by
Balboa Adolfo and Balboa Laura
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$1,050,000
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Outstanding Balance
$450,888
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,231,777

Purchase Details

Closed on
Oct 1, 2007
Sold by
Sugar Pointe Llc
Bought by
Stewart Jeffrey S and Stewart Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.87%
Mortgage Type
Construction
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
Stewart Jeffrey S -- None Available
Balboa Adolfo $1,075,000 None Available
Stewart Jeffrey S $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balboa Adolfo $635,000
Previous Owner Stewart Jeffrey S $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $1,050,000 0.0% $203 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $1,050,000 -- $203 / 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 $4,476 $1,062,100 $115,000 $947,100
2023 $4,476 $1,062,100 $115,000 $947,100
2022 $0 $1,062,100 $115,000 $947,100
2021 $4,256 $733,400 $60,000 $673,400
2020 $7,336 $733,400 $60,000 $673,400
2019 $7,358 $733,400 $60,000 $673,400
2018 $4,278 $733,400 $60,000 $673,400
2017 $4,684 $463,800 $0 $0
2016 $2,074 $463,800 $0 $0
2015 $2,074 $463,800 $35,000 $428,800
2012 -- $680,300 $60,000 $620,300
Source: Public Records

Agents Affiliated with this Home

  • Marsha McManus

    Seller's Agent in 2020

    Marsha McManus

    The Summit Group Of The Carolinas

    (828) 260-2490

    16 in this area

    106 Total Sales

    Marsha McManus
    Section Image

  • N

    Buyer's Agent in 2020

    NONMLS MEMBER

    NONMLS

    76 in this area

    2,431 Total Sales

    NONMLS MEMBER
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 222128

High Country Association of REALTORS®

APN: 1847-00-94-8985-00000

North Carolina Avery County Banner Elk 28604

325 Buena Vista Loop, Banner Elk, NC

This home is located at 325 Buena Vista Loop, Banner Elk, NC 28604 since 01 June 2020 and is currently estimated at $1,682,665, approximately $324 per square foot. This property was built in 2008. 325 Buena Vista Loop is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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