NOT LISTED FOR SALE

347 Lake View Dr Elk Park, NC 28622

Estimated Value: $781,000 - $2,026,000

3 Beds
4.5 Baths
4,269 Sq Ft
$365/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $1,000,000 $234 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,072/month

134 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • 1.71 Acre Lot
  • Home fronts a pond
  • Waterfall on Lot
  • Lake Privileges

About This Home

As of October 2020

Headwaters at Banner Elk Private Gated Community. Close proximity to the heart of Banner Elk yet a world apart from the everyday with this one of a kind setting. Come see for yourself and walk through the virtual tour. Architectural detailing and high vaulted ceilings throughout this luxurious timber frame home. Furnishings are negotiable. Expertly designed gourmet kitchen. Wood burning fireplaces inside and outside bathroom with soaking tub and large oversized shower. Additional bedrooms upstairs have their own private bath behind spacious loft area. Lower level man cave has wine cellar, custom bar, custom built ins, full bath, and additional living space. Easy access to Natural Parks, waterfall, clubhouse featuring fitness center, theatre room, game room, tennis and area amenities such as skiing, golf, hiking, fishing, etc. Just 12 minutes from downtown Banner Elk and close proximity to Ski Beech and Sugar Mountain slopes and fine dining. This home is situated on Lot 22.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 05/01/2020

Last Buyer's Agent

Brett Schwebke

Tynecastle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 2012

Lot Details

  • 1.71 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road
  • Partially Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Shared Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Propane Fireplace
  • Double Hung Windows
  • Wood Frame Window
  • Window Screens
  • Mountain Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Lake Privileges
  • Wrap Around Porch
  • Open Patio
  • Waterfall on Lot

Schools

  • Freedom Trail Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Shared Well
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1930-00-22-5967-00000

Community Details

Overview

  • Headwaters At Banner Elk Subdivision
  • Community Lake
  • Near a National Forest

Amenities

  • Clubhouse
  • Private Restrooms

Recreation

  • Tennis Courts
  • Fitness Center

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,705

Year Built

Built in 2012

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.71
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Headwaters At Banner Elk
  • Above Grade Finished Sq Ft: 3064.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2012
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Electric Range, Freezer, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer, Water Heater
  • Has Basement: Exterior Entry, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1205.0
  • Fireplace Features: Two, Masonry, Wood Burning, Insert, Propane, Wood BurningStove
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub, Pull Down Attic Stairs
  • Living Area: 4269.0
  • Stories: 3
  • Window Features: Double Hung, Screens, Wood Frames

Exterior Features

  • Lot Features: Waterfall
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Lake Privileges, Stream, Pond
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Frame, Stone, Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Oversized, Paved, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Green Building Features: Private Restrooms
  • Cooling: Central Air, Attic Fan
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas, Propane, Wood, Wood Stove
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Lake, Near National Forest, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Freedom Trail
  • High School: Avery County

Lot Info

  • Parcel #: 1930-00-22-5967-00000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4705.0
  • Tax Book Number: 475/712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Oct 13, 2020
Sold by
Miller Keely E and Miller Keely E
Bought by
Creekside Heights Llc
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Brett Schwebke
Tynecastle Realty
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$1,557,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,273
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
May 1, 2020
Closed on
Oct 7, 2020
Sold by
Harry Hersh
Bought by
Keely E Miller Trust
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Brett Schwebke
Tynecastle Realty
List Price
$1,000,000
Sold Price
$1,000,000

Purchase Details

Listed on
May 1, 2020
Closed on
Oct 6, 2020
Sold by
Hersh Harry and Hersh Marcia
Bought by
Miller Mikel D and Miller Keely E
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Brett Schwebke
Tynecastle Realty
List Price
$1,000,000
Sold Price
$1,000,000

Purchase Details

Closed on
May 29, 2013
Sold by
Kfj Lp
Bought by
Miller Keely E and The Keely E Miller Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,750
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2011
Sold by
Mccloud Ruth
Bought by
Hersh Harry M and Hersh Marcia J
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
Creekside Heights Llc $2,000 Moffatt & Moffatt Pllc
Miller Mikel D -- None Available
Miller Keely E $935,000 None Available
Hersh Harry M $8,500 None Available
Keely E Miller Trust -- Henson Danielle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Keely E $607,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $1,000,000 0.0% $234 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $1,000,000 -- $234 / 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 $4,231 $1,057,700 $125,000 $932,700
2023 $4,231 $1,057,700 $125,000 $932,700
2022 $0 $1,057,700 $125,000 $932,700
2021 $5,221 $949,200 $218,800 $730,400
2020 $4,705 $855,400 $125,000 $730,400
2019 $4,705 $855,400 $125,000 $730,400
2018 $4,705 $855,400 $125,000 $730,400
2017 $4,260 $774,500 $0 $0
2016 $3,464 $774,500 $0 $0
2015 $3,464 $774,500 $125,000 $649,500
2012 -- $825,000 $156,300 $668,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 221537

High Country Association of REALTORS®

APN: 1930-00-22-5967-00000