NOT LISTED FOR SALE

3720 Hickory Nut Gap Rd Banner Elk, NC 28604

Estimated Value: $603,622 - $750,000

2 Beds
3.5 Baths
2,800 Sq Ft
$248/Sq Ft Est. Value

Last Sold July 29, 2013

Last sale price $155,000 $55 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $3,815/month

Highlights

  • Wooded Lot
  • Mountain Architecture
  • 2 Fireplaces
  • Banner Elk Elementary School Rated A-
  • Secondary Bathroom Jetted Tub
  • Forced Air Heating System

About This Home

As of July 2013

Large home with many extras. One bedroom one bath with office area (which could be 3rd bedroom) on main level. Upstairs is another bedroom and bath. Lower area has large den with stone fireplace and a home theater room you must see. Stone floors in kitchen and foyer. Vaulted tongue and groove ceilings. Granite tops in kitchen with custom italian glass back splash.This is a must see. Approved for Homepath renovation mortgage.

Last Agent to Sell the Property

Michael Eller

Mtn Prop. of the High Country Listed on: 12/27/2012

Last Buyer's Agent

Marsha McManus

The Summit Group Of The Carolinas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $923

Year Built

  • Built in 2004

Lot Details

  • 0.51 Acre Lot
  • Wooded Lot

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2 Fireplaces
  • Stone Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Secondary Bathroom Jetted Tub

Schools

  • Newland Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Private Sewer

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 184703042474

Home Details

Home Type

Single Family

Est. Annual Taxes

$923

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1700.0
  • Architectural Style: Modular/Prefab, Mountain
  • Garage Yn: No
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20

Interior Features

  • Has Basement: Full, Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1100.0
  • Fireplace Features: Two, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub
  • Living Area: 2800.0

Exterior Features

  • Lot Features: Wooded
  • Home Warranty: No
  • Construction Type: Cedar
  • Foundation Details: Basement
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed

Schools

  • Elementary School: Newland

Lot Info

  • Parcel #: 184703042474
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 923.0
  • Tax Book Number: 381/789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
Miller Kenneth M and Miller Nancy Heatwole
Bought by
Wilt Ramona B
Current Estimated Value
$695,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Outstanding Balance
$255,664
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$439,492

Purchase Details

Listed on
Dec 27, 2012
Closed on
Jul 25, 2013
Sold by
Miller Nancy Heatwole
Bought by
Millter Nancy Heatwole and Millter Kenneth M
Seller's Agent
Michael Eller
Mtn Prop. of the High Country
Buyer's Agent
Marsha McManus
The Summit Group Of The Carolinas
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%

Purchase Details

Listed on
Dec 27, 2012
Closed on
Jul 15, 2013
Sold by
Fannie Mae
Bought by
Miller Nancy Heatwole
Seller's Agent
Michael Eller
Mtn Prop. of the High Country
Buyer's Agent
Marsha McManus
The Summit Group Of The Carolinas
List Price
$155,000
Sold Price
$155,000

Purchase Details

Closed on
Nov 30, 2012
Sold by
Barsky David L and Barsky Roberta
Bought by
Federal National Mortgage Association
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
Wilt Ramona B $385,000 None Available
Millter Nancy Heatwole -- None Available
Miller Nancy Heatwole -- None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilt Ramona B $288,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2013 07/29/13 Sold $155,000 0.0% $55 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
12/27/2012 12/27/12 For Sale $155,000 -- $55 / 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 $1,564 $391,000 $31,300 $359,700
2023 $1,564 $391,000 $31,300 $359,700
2022 $1,564 $391,000 $31,300 $359,700
2021 $1,041 $189,200 $25,000 $164,200
2020 $1,041 $189,200 $25,000 $164,200
2019 $1,041 $189,200 $25,000 $164,200
2018 $1,041 $189,200 $25,000 $164,200
2017 $947 $172,200 $0 $0
2016 $770 $172,200 $0 $0
2015 $770 $172,200 $10,000 $162,200
2012 -- $216,100 $20,000 $196,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Eller

    Mtn Prop. of the High Country

    (828) 302-1262

    25 Total Sales

    Michael Eller
    Section Image
  • Marsha McManus

    Buyer's Agent in 2013

    Marsha McManus

    The Summit Group Of The Carolinas

    (828) 260-2490

    11 in this area

    106 Total Sales

    Marsha McManus
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 176224

High Country Association of REALTORS®

APN: 1847-03-04-2474-00000

North Carolina Avery County Banner Elk 28604

3720 Hickory Nut Gap Rd, Banner Elk, NC

This home is located at 3720 Hickory Nut Gap Rd, Banner Elk, NC 28604 since 27 December 2012 and is currently estimated at $695,156, approximately $248 per square foot. This property was built in 2004. 3720 Hickory Nut Gap Rd is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Grandfather Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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