NOT LISTED FOR SALE

360 Banjo Branch Rd Burnsville, NC 28714

Estimated Value: $434,000 - $967,000

2 Beds
2.5 Baths
576 Sq Ft
$1,179/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $355,000 $616 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,958/month

169 Days on Market

Highlights

  • Barn
  • 37.3 Acre Lot
  • A-Frame Home
  • Stables
  • Open Floorplan
  • Deck

About This Home

As of April 2020

Beautiful homestead, end-of-the-road privacy, several acres of meadow for gardens, orchard, pasture, small A-Frame home "As-Is", equipment shed, historic barn, springs, mature hardwood timber. Long views below Black Mountains off White Oak Road in South Toe River Valley. Exceptional retreat, high value area. By appointment only.

Last Agent to Sell the Property

Robert Towe

Mountain Acreage of WNC Inc Brokerage Email: mountainacreage@frontier.com License #90975 Listed on: 09/12/2019

Last Buyer's Agent

Leslie Young

Premier Sotheby’s International Realty License #276746

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1973

Lot Details

  • 37.3 Acre Lot
  • Private Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • 2 Car Detached Garage

Home Design

  • A-Frame Home
  • Slab Foundation
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Vinyl Flooring
  • Partially Finished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

  • South Toe Elementary School
  • East Yancey Middle School
  • Mountain Heritage High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Stables

Utilities

  • Baseboard Heating
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 074700776406.000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,098

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Architectural Style: A-Frame
  • Year Built: 1973
  • Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 616.32
  • Property Sub Type Additional: Other
  • Attribution Contact: mountainacreage@frontier.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab, Other - See Remarks
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 576
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 576
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 576
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 576
  • Has Basement: Exterior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Living Area: 576
  • Bedroom Main: 2
  • Room Count: 11
  • Sq Ft Other: 350
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Other - See Remarks
  • Construction Type: Site Built
  • View: Long Range, Winter
  • Waterfront Features: None
  • Exclusions: Hyline Trailer
  • Waterfront Elevation: 3000
  • Construction Type: Concrete Block, Glass, Shingle/Shake, Stone, Wood, Other - See Remarks
  • Other Structures: Barn(s), Shed(s)
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 200
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached Garage

Utilities

  • Heating: Baseboard, Electric, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: Other - See Remarks
  • Water Source: Spring

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association: No

Schools

  • Middle Or Junior School: East Yancey
  • HOA Subject To: None

Lot Info

  • Lot Features: Adjoins Forest, Orchard(s), Hilly, Open Lot, Pasture, Private, Rolling Slope, Sloped, Wooded
  • Lot Size Area: 37.3
  • Lot Size Units: Acres
  • Parcel Number: 074700776406.000
  • Zoning: RA
  • Plat Reference Section Pages: 319
  • Development Status: Completed
  • Horse Amenities: Stable(s)
  • Lot Size Acres: 37.3
  • Lot Size Sq Ft: 1624788
  • ResoLotSizeUnits: Acres
  • Zoning Specification: none

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: South Toe
  • High School: Mountain Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Apr 29, 2020
Sold by
Warner Michael K and H M Warner Revocable Living Tr
Bought by
Scherling Kyle Ryan and Scherling Melissa Fay
Seller's Agent
Robert Towe
Mountain Acreage of WNC Inc
Buyer's Agent
Leslie Young
Premier Sotheby’s International Realty
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Current Estimated Value
$679,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,029
Avg. Annual Appreciation
10.49%
Original Mortgage
$284,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1993
Bought by
Warner, Hollis M Trustee
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
Scherling Kyle Ryan $355,000 None Available
Warner, Hollis M Trustee $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherling Kyle Ryan $55,000
Open Scherling Kyle Ryan $300,000
Closed Scherling Kyle Ryan $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $355,000 -5.3% $616 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $375,000 -- $651 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,098 $529,600 $419,300 $110,300
2023 $2,200 $330,770 $280,200 $50,570
2022 $2,200 $330,770 $280,200 $50,570
2021 $2,200 $330,770 $280,200 $50,570
2020 $2,200 $330,770 $280,200 $50,570
2019 $2,200 $330,770 $280,200 $50,570
2018 $2,200 $330,770 $280,200 $50,570
2017 $2,200 $330,770 $280,200 $50,570
2016 $2,200 $330,770 $280,200 $50,570
2015 $2,218 $392,520 $338,600 $53,920
2014 $2,218 $392,520 $338,600 $53,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3548930

Canopy MLS (Canopy Realtor® Association)

APN: 074700776406.000