NOT LISTED FOR SALE

361 Twin Ponds Rd Banner Elk, NC 28604

Estimated Value: $722,000 - $887,051

3 Beds
2 Baths
2,240 Sq Ft
$358/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $580,000 $259 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,533/month

Highlights

  • Mountain View
  • Mountain Architecture
  • Attic
  • Valle Crucis Elementary School Rated A-
  • Secondary Bathroom Jetted Tub
  • Covered Patio or Porch

About This Home

As of April 2021

Enjoy four-season mountaintop living in the small, gated community of Rocky Knob. Spacious kitchen complete with granite countertops, stainless appliances and a sunny sitting area. Entertain in the open great room with stone fireplace and French doors leading onto the screened back porch for those cool summer evenings. Attached two-car garage with plenty of extra space for storage or workbench. Large laundry/mudroom with an adjacent multi-purpose room which can be used as an office or hobby room. One-level living with 3 bedrooms, 2 bathrooms, new flooring throughout. Unfinished attic. Fenced, flat backyard with fire pit for star-filled nights with friends. Underground utilities, high-speed internet, 200 amp electrical service with backup full house generator. Nonsmoking home with rental potential. Rocky Knob beckons you to relax, renew and recharge with just the right balance of nature, seclusion and convenient location.

Last Agent to Sell the Property

Judy Nye

Premier Sotheby's International Realty- Banner Elk Listed on: 03/03/2021

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Kevin Morrell

Interactive Realty Group LLC

Interactive Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 2007

Lot Details

  • 0.96 Acre Lot
  • Property fronts a private road
  • Back Yard Fenced
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway

Property Views

  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Modular or Manufactured Materials
  • Stucco Exterior
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 2,240 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Window Screens
  • Crawl Space
  • Attic

Kitchen

  • Convection Oven
  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Rocky Knob Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 7
  • Assessor Parcel Number 1960-15-4960-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 2007

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Other, Paved, See Remarks
  • Subdivision Name: Rocky Knob
  • Above Grade Finished Sq Ft: 2240.0
  • Architectural Style: Mountain, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Convection Oven, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One, Other, See Remarks, Stone, Fire Pit
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Window Treatments, Jetted Tub
  • Living Area: 2240.0
  • Stories: 1
  • Window Features: Double Pane Windows, Screens, Vinyl, Window Treatments

Exterior Features

  • Fencing: Back Yard
  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Modular/Prefab, Stone Veneer, Stucco, Vinyl Siding, Wood Siding
  • Exterior Features: Fire Pit
  • Patio And Porch Features: Covered, Multiple, Open, Screened
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Central Air, Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Other, See Remarks
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Permit 3 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: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1960-15-4960-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1866.0
  • Tax Book Number: 1998/804
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 25, 2021
Sold by
Prillaman Walter E and Prillaman Tammy T
Bought by
Cogan Brian and Cogan Kristin
Seller's Agent
Judy Nye
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Kevin Morrell
Interactive Realty Group LLC
List Price
$580,000
Sold Price
$580,000
Current Estimated Value
$802,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,763
Avg. Annual Appreciation
7.60%
Original Mortgage
$580,000
Outstanding Balance
$524,803
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$277,960

Purchase Details

Listed on
Feb 27, 2018
Closed on
Oct 16, 2018
Sold by
Torres Luis E and Torres Tamara K
Bought by
Prillaman Walter E and Prillaman Tammy T
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Christy Barr
Regency On the Lake
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.83%
Original Mortgage
$230,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2015
Closed on
Feb 20, 2017
Sold by
Angle Robert B
Bought by
Torres Luis E and Torres Tamara K
Seller's Agent
James Dorman
Castle Rock Realty, Ltd.
Buyer's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.14%
Original Mortgage
$212,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2005
Sold by
Ingalls Robert W and Ingalls Barbara K
Bought by
Major Betty B
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
Cogan Brian $580,000 None Available
Prillaman Walter E $360,000 None Available
Torres Luis E $265,000 None Available
Major Betty B $56,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cogan Brian $580,000
Previous Owner Prillaman Walter E $230,800
Previous Owner Torres Luis E $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $580,000 0.0% $259 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $580,000 +61.1% $259 / Sq Ft
10/24/2018 10/24/18 Sold $360,000 0.0% $182 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $360,000 +35.8% $182 / Sq Ft
02/22/2017 02/22/17 Sold $265,000 0.0% $134 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
01/20/2015 01/20/15 For Sale $265,000 -- $134 / 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 $2,361 $613,600 $115,700 $497,900
2023 $2,338 $613,600 $115,700 $497,900
2022 $2,338 $613,600 $115,700 $497,900
2021 $1,866 $394,300 $60,900 $333,400
2020 $1,866 $394,300 $60,900 $333,400
2019 $1,866 $394,300 $60,900 $333,400
2018 $1,669 $394,300 $60,900 $333,400
2017 $1,669 $394,300 $60,900 $333,400
2013 -- $369,200 $60,900 $308,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 228522

High Country Association of REALTORS®

APN: 1960-15-4960-000