329 Farm Loop Rd Banner Elk, NC 28604
Estimated Value: $1,324,551 - $1,922,000
4
Beds
5.5
Baths
4,025
Sq Ft
$402/Sq Ft
Est. Value
Highlights
- Horse Facilities
- Home fronts a pond
- Seasonal View
- Banner Elk Elementary School Rated A-
- Gated Community
- Wooded Lot
About This Home
As of June 2013Beautiful estate home in The Farm community. Special features include a deluxe chef's kitchen boasting viking appliances and climate controlled wine storage, open floor plan, outside deck with fireplace, beautiful front and back yards, easy year round access, oversized two-car garage and provisions to install an elevator, if desired! Great home for entertaining or just relaxing by the two fireplaces! Priced well below tax value! Broker interest. The Farm is one of Banner Elk's premier communities, located in a pastoral setting off prestigious Dobbins Road. The Farm is gated and features a pavillion with outdoor fireplace, 3 fishing ponds, hiking/nature trails and facilities for horses. The Farm is conveniently located to fine dining, theatre, shopping, golf, skiing, recreational facilities and quaint Norman Rockwell Banner Elk, including its Town Park!
Diamond Creek Developement,LLC Listed on: 07/06/2011
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,564
Year Built
- Built in 2008
Lot Details
- 0.48 Acre Lot
- Home fronts a pond
- Property fronts a private road
- Wooded Lot
- Zoning described as City,Deed Restrictions,Residential,Subdivision
HOA Fees
- $55 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Mountain Architecture
- Shingle Roof
- Asphalt Roof
- Wood Siding
- Shake Siding
- Stone
Interior Spaces
- 2 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Propane Fireplace
- Double Pane Windows
- Seasonal Views
- Finished Basement
- Partial Basement
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Schools
- Banner Elk Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Private Water Source
- Well
- Electric Water Heater
- Private Sewer
- High Speed Internet
- Satellite Dish
- Cable TV Available
Additional Features
- Covered patio or porch
- Pasture
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 185807683641
Community Details
Overview
- The Farm Subdivision
Recreation
- Horse Facilities
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 20, 2018
Sold by
Moka Holdings Llc
Bought by
Hix Thomas R and Hix Leslie L
Total Days on Market
672
Current Estimated Value
Purchase Details
Closed on
Dec 6, 2016
Sold by
Diamond Creek Holdings Llc
Bought by
Davidson Bruce A and Davidson Laura A
Purchase Details
Listed on
Jul 6, 2011
Closed on
May 29, 2013
Sold by
Geathhouse-Jones Construction Inc
Bought by
Diamond Creek Holdings Llc
Buyer's Agent
Tammy Costner
Diamond Creek Developement,LLC
List Price
$800,000
Sold Price
$800,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
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Similar Homes in Banner Elk, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hix Thomas R | $935,000 | None Available | |
| Davidson Bruce A | $900,000 | Attorney | |
| Diamond Creek Holdings Llc | $800,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Greathouse Jones Construction Inc | $808,000 | |
| Previous Owner | Greathouse-Jones Construction Co Inc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2013 06/07/13 | Sold | $800,000 | 0.0% | $199 / Sq Ft |
| 05/08/2013 05/08/13 | Pending | -- | -- | -- |
| 07/06/2011 07/06/11 | For Sale | $800,000 | -- | $199 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $3,970 | $992,500 | $100,000 | $892,500 |
| 2022 | $3,970 | $992,500 | $100,000 | $892,500 |
| 2021 | $4,837 | $879,500 | $140,000 | $739,500 |
| 2020 | $9,762 | $879,500 | $140,000 | $739,500 |
| 2019 | $9,762 | $879,500 | $140,000 | $739,500 |
| 2018 | $4,837 | $879,500 | $140,000 | $739,500 |
| 2017 | $8,163 | $722,400 | $0 | $0 |
| 2016 | $3,231 | $722,400 | $0 | $0 |
| 2015 | $3,231 | $722,400 | $67,500 | $654,900 |
| 2012 | -- | $1,008,500 | $148,500 | $860,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Costner
T
Buyer's Agent in 2013
Tammy Costner
Diamond Creek Developement,LLC
(828) 260-2214
1 in this area
1 Total Sale
Map
Source: High Country Association of REALTORS®
MLS Number: 167764
APN: 1858-07-68-3641-00000
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