NOT LISTED FOR SALE

378 Ruby Ln Banner Elk, NC 28604

Estimated Value: $383,000 - $682,000

2 Beds
3 Baths
1,728 Sq Ft
$336/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $635,000 $367 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,181/month

134 Days on Market

Highlights

  • Ski Accessible
  • Barn
  • Views of Trees
  • Watauga High School Rated A-
  • Fishing
  • 9.46 Acre Lot

About This Home

As of August 2024

Incredible long range mountain views from the BRAND NEW wraparound porch. Hi-Speed Internet available with Skybest. This beautifully crafted 2 bedroom home would make for a phenomenal "work from home" setting. The home is less than 15 miles from Boone, 14 miles from Banner Elk, and 12 miles from Beech Mountain. Multiple enclosures and fences along the property lines create mini-farm potential. There is a beautiful mix of woods and open pasture with a very usable 9.46 acres. The home is remote enough to feel the peace and serenity of the mountains but close enough to town to not to a burden. Abundant wildlife roam the property (see trail camera pictures inlcuded). Deer, Bear, and turkeys can be viewed from porch or hunting house set up on a cleared food plot tucked inside the woods that has produced great encounters in the past. A logging road leads through the woods to a small pond that has potential to be expanded. The barn on the property has potential to be transformed or preserved. There are multiple storage buildings on the property as well. The Watagua River is just over a mile away known for its trout fishing and beauty winding through the mountain. The home sits at around 3300 feet in elevation. Primary photo showcases the unparalleled beauty of the peak fall colors on full display. The characteristics of this property are all impressive in and of themselves. Together, they create a true "one of one" place to call home. The current owner has photographed and observed a variety of wildlife almost every day from the back porch. This is a place that needs to be seen in person to recognize the true beauty of it!

Last Agent to Sell the Property

Ty Cannaday

Mast Realty, Inc. Listed on: 02/22/2024

Last Buyer's Agent

Justin Hackler

Boone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,199

Year Built

  • Built in 1994

Lot Details

  • 9.46 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property
  • Perimeter Fence
  • Zoning described as R1

Property Views

  • Trees
  • Mountain

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement

Kitchen

  • Convection Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Stream or River on Lot
  • Gazebo
  • Shed
  • Wrap Around Porch

Schools

  • Bethel Elementary School
  • Watauga High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1952301464000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,199

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 9.46
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1728.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Convection Oven, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1728.0
  • Stories: 1

Exterior Features

  • Fencing: Perimeter, Partial
  • View: Long Range, Mountain(s), Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Fence, Storage, Gravel Driveway
  • Other Structures: Barn(s), Gazebo, Shed(s)
  • Patio And Porch Features: Wrap Around
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Fishing, River, Skiing, Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Bethel
  • High School: Watauga

Lot Info

  • Parcel #: 1952301464000
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1199.0
  • Tax Book Number: 2200/108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Aug 7, 2024
Sold by
Cornett Michael Dwayne and Cornett Laura Buchanan
Bought by
Kesling Brian D and Kesling Bridget D
Seller's Agent
Ty Cannaday
Mast Realty, Inc.
Buyer's Agent
Justin Hackler
Boone Realty
List Price
$699,000
Sold Price
$635,000
Premium/Discount to List
-$64,000
-9.16%
Views
84
Current Estimated Value
$580,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,138
Avg. Annual Appreciation
-7.46%
Original Mortgage
$508,000
Outstanding Balance
$502,241
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$78,621

Purchase Details

Closed on
Jun 21, 2021
Sold by
Cannon Teresa and Estate Of Troy Lee Cannon
Bought by
Cornett Michael Dwayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Kesling Brian D $635,000 None Listed On Document
Kesling Brian D $635,000 None Listed On Document
Cornett Michael Dwayne $118,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kesling Brian D $508,000
Closed Kesling Brian D $508,000
Previous Owner Cornett Michael Dwayne $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $635,000 -7.8% $367 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $689,000 -1.4% $399 / Sq Ft
02/22/2024 02/22/24 For Sale $699,000 -- $405 / 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 $1,222 $304,100 $44,600 $259,500
2023 $1,199 $304,100 $44,600 $259,500
2022 $1,199 $304,100 $44,600 $259,500
2021 $1,075 $219,600 $55,900 $163,700
2020 $1,075 $219,600 $55,900 $163,700
2019 $1,075 $219,600 $55,900 $163,700
2018 $965 $219,600 $55,900 $163,700
2017 $965 $219,600 $55,900 $163,700
2013 -- $219,300 $55,900 $163,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 248048

High Country Association of REALTORS®

APN: 1952-30-1464-000