NOT LISTED FOR SALE

343 Burma Rd Banner Elk, NC 28604

Estimated Value: $496,000 - $811,000

3 Beds
3.5 Baths
2,700 Sq Ft
$256/Sq Ft Est. Value

Last Sold February 04, 2020

Last sale price $157,000 $58 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $3,801/month

31 Days on Market

Highlights

  • Mountainous Lot
  • Living Room with Fireplace
  • No HOA
  • Valle Crucis Elementary School Rated A-
  • Wooded Lot
  • Forced Air Heating System

About This Home

As of February 2020

AUCTION BID ONLINE ONLY. LIST PRICE IS NOT SELLER'S ASKING PRICE, IT IS EITHER MIN BID/TAX VALUE. Mountain retreat nestled in the Valle Crucis area near Banner Elk. This classic A-Frame home with a beautiful loft, soaring window views, and a rustic stone fireplace. Full bsmt basement PLUS a huge detached workshop that is approximately 1,920 sqft. with potential living space above adding the potential for a rental or guest housing.Bid YOUR price today at Ready2bid.

Last Agent to Sell the Property

Kyle Swicegood

The Swicegood Group, Inc. License #195929 Listed on: 12/20/2019

Last Buyer's Agent

Kyle Swicegood

The Swicegood Group, Inc. License #195929 Listed on: 12/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1978

Lot Details

  • 0.7 Acre Lot
  • Mountainous Lot
  • Wooded Lot
  • Property is zoned RES1

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,484 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • No Heating
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1980722734000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,686

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Lot Size: .7 AC
  • Co List Office Mls Id: WTSG01
  • Co List Office Phone: 336-751-4444
  • Subdivision Name: None
  • Directions: 343 Burma Road Banner Elk, NC 28604
  • Above Grade Finished Sq Ft: 2484
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1978
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: Auction

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 2484
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Mountain, Wooded
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1980722734000
  • Zoning: RES1
  • TRIADMLS_PricePerAcre: 508142.8571
  • TRIADMLS_DeedPage: 232
  • TRIADMLS_DeedBook: 1963
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2019
Closed on
Feb 3, 2020
Sold by
Drake Phyllis Elanie and Drake William Jeffrey
Bought by
Myers Hollis Donald
Seller's Agent
Kyle Swicegood
The Swicegood Group, Inc.
Buyer's Agent
Kyle Swicegood
The Swicegood Group, Inc.
Sold Price
$157,000
Current Estimated Value
$690,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,326
Avg. Annual Appreciation
29.67%

Purchase Details

Closed on
Sep 30, 2015
Sold by
Haner Ralph I
Bought by
Haner Ralph I and Drake Phyllis Elaine
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
Myers Hollis Donald $157,000 None Available
Haner Ralph I -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2020 02/04/20 Sold $157,000 -- $71 / Sq Ft
Source: Triad MLS

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 $1,686 $530,200 $32,100 $498,100
2023 $1,951 $530,200 $32,100 $498,100
2022 $1,951 $530,200 $32,100 $498,100
2021 $0 $355,700 $32,100 $323,600
2020 $1,611 $355,700 $32,100 $323,600
2019 $1,691 $355,700 $32,100 $323,600
Source: Public Records

Agents Affiliated with this Home

  • Kyle Swicegood

    Seller's Agent in 2020

    Kyle Swicegood

    The Swicegood Group, Inc.

    (336) 909-2583

    1 in this area

    158 Total Sales

    Kyle Swicegood
    Section Image
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Map

Source: Triad MLS

MLS Number: 960547

Triad MLS

APN: 1980-72-2734-000

North Carolina Watauga County Banner Elk 28604

343 Burma Rd, Banner Elk, NC

This home is located at 343 Burma Rd, Banner Elk, NC 28604 since 20 December 2019 and is currently estimated at $690,326, approximately $255 per square foot. This property was built in 1978. 343 Burma Rd is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

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Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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