NOT LISTED FOR SALE

3408 Clarks Creek Rd Banner Elk, NC 28604

Estimated Value: $879,000 - $966,000

4 Beds
4 Baths
3,331 Sq Ft
$274/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $880,000 $264 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,976/month

Highlights

  • 2.54 Acre Lot
  • Mountain View
  • No HOA
  • Valle Crucis Elementary School Rated A-
  • 2 Fireplaces
  • Double Oven

About This Home

As of April 2023

Million Dollar views in the valley from this lovely home in the Valle Crucis Historical District. The historic district is very restrictive on future development. With Easy access off of Clarks Creek Rd. the paved driveway leads right up to this one level living home. Sit on the front porch and enjoy the peace and quiet that makes you want to stay here. You must come look and fall in love here with this piece of history in the Valley. Wheelchair accessible and one-story living is so hard to find in Valle Crucis so do not miss seeing this one. Don't let the fact that it is was built in 1956 stop you from looking. This home has undergone extensive renovations. Such as 50-year shingles, on demand hot water, pex plumbing, Granite, nicely updated kitchen, with the double oven and gas range just to name a few. 2.55 acres backs up to the Priscah National Forest. Large front and rear deck to enjoy the morning or evening sun. The large 24x32 foot great room has a massive stone fireplace all to make entertaining great. Please come and visit today. Short and long-term rentals are allowed here. Unbranded tour link available. House is now with Airbnb and is rented regularly.

Last Agent to Sell the Property

Allen Yates

Allen Yates Realty Listed on: 06/27/2022

Last Buyer's Agent

Lawson Fields

Premier Sotheby's International Realty- Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1956

Lot Details

  • 2.54 Acre Lot
  • Southern Exposure
  • Zoning described as Historic District

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Hardboard

Interior Spaces

  • 3,331 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Propane Fireplace
  • Mountain Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1970915381

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.539
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3331.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1956
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 964-0089
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Double Oven, Dishwasher, Gas Cooktop, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Two, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3331.0
  • Stories: 1

Exterior Features

  • View: Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Wood Frame
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, One Car Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Utilities: 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 #: 1970915381
  • Zoning Description: Historic District
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1517.82
  • Tax Book Number: 1680/485

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2012
Closed on
Jan 29, 2013
Sold by
First Citizens Bank & Trust Company
Bought by
Cornelis Terrnace J and Cornelis Yvonne
Seller's Agent
Margie Hyatt
Hyatt In The High Country, Inc.
Buyer's Agent
Margie Hyatt
Hyatt In The High Country, Inc.
List Price
$262,000
Sold Price
$262,000
Current Estimated Value
$913,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,779
Avg. Annual Appreciation
10.33%
Original Mortgage
$427,000
Outstanding Balance
$297,667
Interest Rate
3.35%
Mortgage Type
VA
Estimated Equity
$616,112
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
Cornelis Terrnace J $262,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelis Terrnace J $427,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Sold $880,000 -7.3% $264 / Sq Ft
02/01/2023 02/01/23 Price Changed $949,000 -5.0% $285 / Sq Ft
09/05/2022 09/05/22 Price Changed $999,000 -4.6% $300 / Sq Ft
08/18/2022 08/18/22 Price Changed $1,047,000 -4.8% $314 / Sq Ft
07/25/2022 07/25/22 Price Changed $1,100,000 -8.3% $330 / Sq Ft
06/27/2022 06/27/22 For Sale $1,200,000 +358.0% $360 / Sq Ft
01/31/2013 01/31/13 Sold $262,000 0.0% $74 / Sq Ft View Prior Sale
01/01/2013 01/01/13 Pending -- -- --
09/21/2012 09/21/12 For Sale $262,000 -- $74 / 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 $1,571 $398,900 $78,600 $320,300
2023 $1,325 $383,200 $78,600 $304,600
2022 $1,325 $383,200 $78,600 $304,600
2021 $1,314 $317,400 $55,500 $261,900
2020 $1,195 $291,100 $55,500 $235,600
2019 $1,195 $291,100 $55,500 $235,600
2018 $1,072 $291,100 $55,500 $235,600
2017 $1,072 $291,100 $55,500 $235,600
2013 -- $316,100 $75,500 $240,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 238130

High Country Association of REALTORS®

APN: 1970-91-5381-000