NOT LISTED FOR SALE

343 Falcon View Dr Banner Elk, NC 28604

Estimated Value: $1,038,000 - $1,174,000

3 Beds
3.5 Baths
2,621 Sq Ft
$422/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $389,000 $148 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $6,249/month

289 Days on Market

Highlights

  • 3.94 Acre Lot
  • Mountain View
  • Covered Patio or Porch
  • Valle Crucis Elementary School Rated A-
  • Mountain Architecture
  • Oversized Parking

About This Home

As of August 2013

Fantastic views from this very private 3.94 ac setting. Level entry w/ vaulted ceilings and a stone fireplace. Large Master suite on the main level and a additional guest suite on the main level at the other end of the home. The third bedroom and bath is located upstairs and all enjoy the views. Kitchen and dining are open and spacious with granite counters, undercabinet lighting and lots of work area. There is a sun/breakfast room off the kitchen and guest bedroom which also opens to the views. Other features include large laundry, oversized garage and a 1/2 bath on the main level. New Roof added 2012

Last Agent to Sell the Property

Alison Phillips

The Summit Group Of The Carolinas Listed on: 09/30/2012

Last Buyer's Agent

Burr Collier

James B. Collier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1992

Lot Details

  • 3.94 Acre Lot
  • Property fronts a private road

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Oversized Parking
  • Private Parking
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,621 Sq Ft Home
  • Stone Fireplace
  • Double Pane Windows
  • Mountain Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1879075875000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,206

Year Built

Built in 1992

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.94
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 2621.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Year Built: 1992
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2621.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage, One Car Garage, Gravel, Oversized, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1879075875000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1206.0
  • Tax Book Number: 0184/014
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2012
Closed on
Aug 15, 2013
Sold by
Matchette Claudia and Ruth T Simpson Revocable Trust
Bought by
Purdum Preston P and Purdum Lynn C
Seller's Agent
Alison Phillips
The Summit Group Of The Carolinas
Buyer's Agent
Burr Collier
James B. Collier
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$1,104,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,866
Avg. Annual Appreciation
7.13%
Original Mortgage
$311,200
Outstanding Balance
$234,034
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$657,532

Purchase Details

Closed on
Aug 18, 2008
Sold by
Simpson Ruth T
Bought by
Simpson Ruth T and Ruth Page Simpson Revocable Tr

Purchase Details

Closed on
Jul 18, 2008
Sold by
Douglas K Valldejuli Revocable Trust
Bought by
Simpson Ruth T

Purchase Details

Closed on
May 23, 2008
Sold by
Simpson Ruth T
Bought by
Simpson Ruth T and Ruth Page Simpson Revocable Tr
Source: Public Records

Range of Values:

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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
Purdum Preston P $389,000 None Available
Simpson Ruth T -- None Available
Simpson Ruth T -- None Available
Simpson Ruth T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purdum Preston P $311,200
Previous Owner Valldejuli Douglas K $57,042
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2013 08/15/13 Sold $389,000 0.0% $148 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
09/30/2012 09/30/12 For Sale $389,000 -- $148 / 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 $2,786 $729,000 $119,700 $609,300
2023 $2,046 $534,200 $119,700 $414,500
2022 $2,046 $534,200 $119,700 $414,500
2021 $1,676 $352,400 $67,100 $285,300
2020 $1,676 $352,400 $67,100 $285,300
2019 $1,676 $352,400 $67,100 $285,300
2018 $1,500 $352,400 $67,100 $285,300
2017 $1,500 $352,400 $67,100 $285,300
2013 -- $340,100 $67,100 $273,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 175213

High Country Association of REALTORS®

APN: 1879-07-5875-000