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Seller's Agent in 2024
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
(828) 260-2929
31 in this area
79 Total Sales
Estimated Value: $1,061,000 - $1,138,000
Welcome to 340 Farm Loop Road, a stunning mountain retreat located within the gated community of The Farm at Banner Elk. This charming mountain cottage offers the perfect blend of privacy and convenience, perched among the picturesque landscapes of the Blue Ridge Mountains. Situated on a spacious lot, this custom-built home features high-end finishes and modern amenities throughout. The open concept living area boasts vaulted ceilings, hardwood floors, and a stone fireplace, creating a warm and inviting atmosphere for entertaining guests or simply relaxing. The gourmet kitchen is a chef's dream, with top-of-the-line appliances, granite countertops, and a large island for meal prep and casual dining. The primary suite is a true retreat with its spa-like bath, oversized closet and private access to the open and covered deck overlooking the lush surroundings. Two additional bedrooms provide plenty of space for family and guests, while a bonus room offers versatile options for a home office, gym, or media room. There is approximately 1,602 square feet of unfinished space at the basement level with endless opportunities for additional space. The expansive decking on both the front and back of the home, overlooking the well-maintained grounds and yard space, offers additional outdoor living space. The Farm at Banner Elk offers residents access to a wealth of park-like amenities, such as streams, stocked trout ponds, trails and an outdoor pavilion with a fireplace. Just minutes from downtown Banner Elk, you'll have easy access to shopping, dining, and outdoor recreation opportunities throughout the year. Don't miss your opportunity to own a piece of mountain paradise at 340 Farm Loop Road. Schedule a showing today and discover the luxury and lifestyle this exceptional property has to offer. Note: There is a discrepancy between tax square footage and actual measurements. Home inspection and repair list is available with disclosures.
Last Agent to Sell the Property
Premier Sotheby's International Realty- Banner Elk Brokerage Phone: (828) 260-2929 Listed on: 03/06/2024
Last Buyer's Agent
Premier Sotheby's International Realty- Banner Elk Brokerage Phone: (828) 260-2929 Listed on: 03/06/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| James Wyatt Freeman Revocable Trust | $1,075,000 | None Listed On Document | |
| James Wyatt Freeman Revocable Trust | $1,075,000 | None Listed On Document | |
| Levine Laura M | $580,000 | None Available | |
| 218 Linville Holding Company Llc | -- | None Available | |
| Accetturo Angelo | $600,000 | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Accetturo Angelo | $600,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $1,075,000 | -10.0% | $381 / Sq Ft |
| 09/05/2024 09/05/24 | Price Changed | $1,195,000 | -7.4% | $424 / Sq Ft |
| 03/06/2024 03/06/24 | For Sale | $1,290,000 | -- | $457 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2025 | $2,885 | $721,200 | $100,000 | $621,200 |
| 2024 | $2,885 | $721,200 | $100,000 | $621,200 |
| 2023 | $2,885 | $721,200 | $100,000 | $621,200 |
| 2022 | $0 | $721,200 | $100,000 | $621,200 |
| 2021 | $3,317 | $603,000 | $105,000 | $498,000 |
| 2020 | $6,582 | $593,000 | $105,000 | $488,000 |
| 2019 | $6,582 | $593,000 | $105,000 | $488,000 |
| 2017 | $6,007 | $531,600 | $0 | $0 |
| 2016 | $2,377 | $531,600 | $0 | $0 |
| 2015 | $2,377 | $531,600 | $75,000 | $456,600 |
| 2012 | -- | $655,200 | $165,000 | $490,200 |
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Seller's Agent in 2024
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
(828) 260-2929
31 in this area
79 Total Sales
Source: High Country Association of REALTORS®
MLS Number: 248256
APN: 18580768575800000