NOT LISTED FOR SALE

36 Meadow Avenue Loop Banner Elk, NC 28604

Estimated Value: $555,000 - $645,000

2 Beds
3 Baths
2,027 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $525,000 $259 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,282/month

Highlights

  • Views of Trees
  • 2.68 Acre Lot
  • Furnished
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Covered Patio or Porch

About This Home

As of August 2022

Spacious mountain home situated on two large lots. Nestled in the woods in the desirable Mountain Meadows community, this home offers seclusion and privacy in a beautiful setting. When you step inside, your eyes are immediately drawn to the large picture windows that capture the magnificent long-range mountain views. Step out onto the large, open deck and be mesmerized even more by the incredible view. Main floor features a great room, kitchen, master bedroom and bath, two other sleeping rooms, and a Jack & Jill bath. A floor-to-ceiling wood-burning, stone fireplace is in the vaulted great room. Kitchen has been totally renovated and updated. Downstairs has a bunk room, game area, full bath, laundry room, and two-car garage. Foosball and ping pong tables convey. The seller has already enhanced the view with extensive tree trimming and clearing. Offered furnished with some exclusions. Circle, paved driveway allows for easy access and parking. Current owners use it as a second home and vacation rental property. Perfect forever home or investment property. Rental financials are available and impressive.

Last Agent to Sell the Property

Todd Reeder

Century 21 Mountain Vistas Listed on: 06/18/2022

Century 21 Mountain Vistas

Last Buyer's Agent

candace wallace

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1986

Lot Details

  • 2.68 Acre Lot
  • Property fronts a private road
  • Many Trees

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Driveway

Property Views

  • Trees
  • Mountain

Home Design

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

Interior Spaces

  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Stone Fireplace
  • Partially Finished Basement
  • Laundry in Basement
  • Attic Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Mountain Meadows Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot A-30 & A-31
  • Assessor Parcel Number 1847-01-26-2399-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,405

Year Built

Built in 1986

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.675
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mountain Meadows
  • Above Grade Finished Sq Ft: 1595.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 432.0
  • Fireplace Features: One, Stone, Fire Pit, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 2027.0
  • Stories: 1

Exterior Features

  • Lot Features: Many Trees
  • View: Long Range, Mountain(s), Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Fire Pit
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Attached, Basement, Driveway, Garage, Two Car Garage

Utilities

  • Laundry Features: In Basement
  • Cooling: None, Attic Fan
  • Cooling Y N: No
  • Heating: Forced Air, Fireplace(s), Oil, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1847-01-26-2399-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1405.27
  • Tax Book Number: 539/1519
  • Tax Lot: A-30 & A-31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Aug 23, 2022
Sold by
Andrew Sturtz Mark and Faith Rebecca
Bought by
Sturtz Mark Andrew and Sturtz Rebecca Faith
Seller's Agent
Todd Reeder
Century 21 Mountain Vistas
Buyer's Agent
candace wallace
Keller Williams High Country
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Current Estimated Value
$593,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,471
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Jan 9, 2020
Sold by
Smith Jane N and Doran Amy Leigh
Bought by
Sturtz Mark Andrew and Sturtz Rebecca Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Sturtz Mark Andrew $1,050 Angle Robert B
Sturtz Mark Andrew $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sturtz Mark Andrew $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $525,000 -10.9% $259 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/10/2022 07/10/22 Price Changed $589,000 -1.7% $291 / Sq Ft
06/18/2022 06/18/22 For Sale $599,000 -- $296 / 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 $1,029 $251,600 $45,000 $206,600
2023 $1,029 $251,600 $45,000 $206,600
2022 $0 $251,600 $45,000 $206,600
2021 $1,405 $249,600 $50,000 $199,600
2020 $1,306 $237,400 $50,000 $187,400
2019 $1,306 $237,400 $50,000 $187,400
2018 $1,306 $237,400 $50,000 $187,400
2017 $1,210 $220,000 $0 $0
2016 $984 $220,000 $0 $0
2015 $984 $220,000 $50,000 $170,000
2012 -- $300,800 $100,000 $200,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 238212

High Country Association of REALTORS®

APN: 1847-01-26-2399-00000