NOT LISTED FOR SALE

331 Cloudrise Ln Banner Elk, NC 28604

Estimated Value: $788,000 - $870,000

3 Beds
3.5 Baths
2,024 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $710,000 $351 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,432/month

Highlights

  • Spa
  • 3.11 Acre Lot
  • Vaulted Ceiling
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Mountain Architecture

About This Home

As of March 2022

Beautiful log home that has been meticulously well maintained situated on a private 3.1 acre tract in the desirable Valle Crucis area. Centrally located in the High Country between Boone, Blowing Rock and Banner Elk, this home is 5 minutes from the historic Mast General Store. The home features an open floor plan with vaulted tongue and groove ceiling, stone fireplace, and beautiful hardwood floors. The spacious primary suite with ensuite master bath is located on the main level. Upstairs you will find two guest bedrooms with a full guest bathroom. The covered front porch wraps around to a newly added 20’x32’ deck with outdoor living space and a top of the line hot tub. Downstairs is an oversized, heated, two-car garage and a 400 sq.ft. bonus/guest suite with a full bath and separate entrance. This is a smart, Wi-Fi enabled home that allows the owner to monitor and control the home remotely (HVAC, security, exterior cameras, hot tub). This home would make a great second home or an excellent vacation rental/investment property. . Home is being sold fully furnished with the exception of the large arm chair in the basement.

Last Agent to Sell the Property

Lee Gillette

Berkshire Hathaway HomeServices Vincent Properties Listed on: 02/18/2022

Berkshire Hathaway HomeServices Vincent Properties

Last Buyer's Agent

Garrett Miller

RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 2001

Lot Details

  • 3.11 Acre Lot
  • Property fronts a private road

Parking

  • 2 Car Garage
  • Oversized Parking
  • Gravel Driveway

Property Views

  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Log Cabin
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Log Siding
  • Stone

Interior Spaces

  • 2,024 Sq Ft Home
  • 3-Story Property
  • Living Quarters
  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Home Security System

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Spa
  • Wrap Around Porch
  • Open Patio

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1889-89-2859-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,748

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.105
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2024.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s)
  • Living Area: 2024.0
  • Stories: 3

Exterior Features

  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Stone, Wood Siding
  • Exterior Features: Hot Tub/Spa, Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Living Quarters
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Gravel, Other, Oversized, Private, See Remarks

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1889-89-2859-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1748.4
  • Tax Book Number: 1911/145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
Griffin Robert P and Griffin Rebecca F
Bought by
Griffin Trust
Current Estimated Value
$812,484

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 5, 2022
Sold by
Walshire Thomas P and Walshire Julia J
Bought by
Griffin Robert P and Griffin Rebecca F
Seller's Agent
Lee Gillette
Berkshire Hathaway HomeServices Vincent Properties
Buyer's Agent
Garrett Miller
RE/MAX Realty Group
List Price
$710,000
Sold Price
$710,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%

Purchase Details

Closed on
Mar 25, 2017
Sold by
Andrews Mark T and Andrews Joanne C
Bought by
Walshire Thomas P and Walshire Julia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Griffin Trust -- --
Griffin Robert P $710,000 None Listed On Document
Walshire Thomas P $341,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walshire Thomas P $272,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $710,000 0.0% $351 / Sq Ft
02/18/2022 02/18/22 For Sale $710,000 -- $351 / 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 $1,495 $470,200 $55,000 $415,200
2023 $1,687 $463,100 $55,000 $408,100
2022 $1,687 $436,800 $55,000 $381,800
2021 $0 $368,300 $45,800 $322,500
2020 $1,748 $368,300 $45,800 $322,500
2019 $1,748 $368,300 $45,800 $322,500
2018 $1,564 $368,300 $45,800 $322,500
2017 $1,564 $368,300 $45,800 $322,500
2013 -- $349,900 $28,400 $321,500
Source: Public Records

Agents Affiliated with this Home

  • Lee Gillette

    Seller's Agent in 2022

    Lee Gillette

    Berkshire Hathaway HomeServices Vincent Properties

    (828) 719-8945

    7 in this area

    44 Total Sales

    Lee Gillette
    Section Image
  • Garrett Miller

    Buyer's Agent in 2022

    Garrett Miller

    RE/MAX

    (828) 719-8855

    24 in this area

    106 Total Sales

    Garrett Miller
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 235737

High Country Association of REALTORS®

APN: 1889-89-2859-000

North Carolina Watauga County Banner Elk 28604

331 Cloudrise Ln, Banner Elk, NC

This home is located at 331 Cloudrise Ln, Banner Elk, NC 28604 since 18 February 2022 and is currently estimated at $812,484, approximately $401 per square foot. This property was built in 2001. 331 Cloudrise Ln is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga 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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