NOT LISTED FOR SALE

360 Olde Forest Ln Banner Elk, NC 28604

Estimated Value: $772,735 - $1,011,000

3 Beds
2.5 Baths
2,198 Sq Ft
$414/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $495,000 $225 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,142/month

Highlights

  • 3.16 Acre Lot
  • Mountain View
  • Covered Patio or Porch
  • Valle Crucis Elementary School Rated A-
  • Mountain Architecture
  • Double Pane Windows

About This Home

As of May 2020

Big beautiful long range views! This spectacular Log Sided home is located in a private setting that includes 2 adjoining lots to protect your views and privacy. Enjoy the breathtaking long range view from you screened porch or deck or enjoy a good book in the swing on the front porch. Australian Cypress floors throughout this well crafted home. Large stone fireplace with gas logs and built in bookcases on both sides of fireplace. Spacious kitchen with granite counter tops with up graded stainless appliances and convection microwave. There is a conveniently located pantry and sink in the laundry room just off the kitchen with a door to the deck. Outside is a tree house that was designed and built by the builder. The Master Bedroom is on first floor. The Master bath has a tub, ceramic tile shower and two separate vanities with granite counter tops. The downstairs ceilings are 9+ feet high with exposed beams. Upstairs there is a huge 19'x16' loft, two bedrooms and a full bath with ceramic tile shower and vanity with a granite counter top. This is the house you have been dreaming about!

Last Agent to Sell the Property

Todd Reeder

Century 21 Mountain Vistas Listed on: 11/08/2019

Century 21 Mountain Vistas

Last Buyer's Agent

Bob De Camara

Boone Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 2009

Lot Details

  • 3.16 Acre Lot
  • Property fronts a private road
  • Zoning described as Deed Restrictions,Subdivision

HOA Fees

  • $119 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Log Cabin
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,198 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Screens
  • Mountain Views
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • 220 Volts
  • Shared Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • Hunters Ridge Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1879-61-0738-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,140

Year Built

Built in 2009

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.16
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Hunters Ridge
  • Above Grade Finished Sq Ft: 2198.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2009
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator
  • Has Basement: Crawl Space, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Living Area: 2198.0
  • Stories: 2
  • Window Features: Double Pane Windows, Screens

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Security: Security System
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Propane
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Private Sewer, Septic Permit 3 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1425.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1879-61-0738-000
  • Zoning Description: Deed Restrictions,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2140.0
  • Tax Book Number: 1709/520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Apr 24, 2020
Sold by
Birge Tommie R and Birge Cherie D
Bought by
Dixon Herbert T and Dixon Vanessa H
Seller's Agent
Todd Reeder
Century 21 Mountain Vistas
Buyer's Agent
Bob De Camara
Boone Real Estate
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$909,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,434
Avg. Annual Appreciation
11.92%
Original Mortgage
$395,000
Outstanding Balance
$275,547
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$633,887

Purchase Details

Listed on
Mar 2, 2013
Closed on
Jun 25, 2013
Sold by
Goodrich Robert Gerard and Goodrich Michelle Potter
Bought by
Birge Tommie R and Birge Cherie D
Buyer's Agent
Todd Reeder
Century 21 Mountain Vistas
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$387,148
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Feb 19, 2009
Sold by
Messenkopf Eugene J and Messenkopf Martha C
Bought by
Goodrich Robert Gerard and Goodrich Michelle Potter
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
Dixon Herbert T $495,000 None Available
Birge Tommie R $379,000 None Available
Goodrich Robert Gerard $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Herbert T $395,000
Previous Owner Birge Tommie R $387,148
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2020 05/12/20 Sold $495,000 0.0% $225 / Sq Ft
04/12/2020 04/12/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $495,000 +30.6% $225 / Sq Ft
07/03/2013 07/03/13 Sold $379,000 0.0% $172 / Sq Ft View Prior Sale
06/03/2013 06/03/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $379,000 -- $172 / 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 $2,429 $632,100 $29,100 $603,000
2023 $2,406 $632,100 $29,100 $603,000
2022 $2,406 $632,100 $29,100 $603,000
2021 $1,776 $374,300 $51,200 $323,100
2020 $1,776 $374,300 $51,200 $323,100
2019 $1,776 $374,300 $51,200 $323,100
2018 $1,588 $374,300 $51,200 $323,100
2017 $1,588 $374,300 $51,200 $323,100
2013 -- $354,800 $51,200 $303,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 218849

High Country Association of REALTORS®

APN: 1879-61-0738-000