NOT LISTED FOR SALE

381 Valley Creek Ln Banner Elk, NC 28604

Estimated Value: $405,182

2 Beds
1 Bath
820 Sq Ft
$494/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $220,000 $268 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,173/month

577 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Waterfall on Lot
  • Valle Crucis Elementary School Rated A-
  • Home fronts a pond
  • River View

About This Home

As of September 2014

Log Home situated on a Beautiful, Bold Creek, with Waterfalls. Nature Lovers Dream, a true Forest Setting. Catch Trout in your own back yard. The property line runs for apx. 1,600' along the stream. This Authentic Log home is very cozy, with a real mountain feel, and would make a wonderful Vacation Rental. There is also a Workshop in separate storage shed, located up above the stream. Active Water-Wheel next to side deck of home. New Roof 2005'. Water is supplied to the home by an artisian well. The 19 acres could be subdivided to provide home sites for development, or keep it green on your own Mountain Compound. Many huge hardwood trees cover the landscape. This is a must see property. Property begins at Orange Survey Tape on Right Hand side of road, just past the Brown Wood House.Owner Financing Possible.

Last Agent to Sell the Property

MTN Mike Goldstein

Mountain Mike Realty Listed on: 01/18/2013

Last Buyer's Agent

MTN Mike Goldstein

Mountain Mike Realty Listed on: 01/18/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 1988

Lot Details

  • 19.35 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road
  • Partially Fenced Property
  • Wooded Lot

Property Views

  • River
  • Mountain
  • Seasonal

Home Design

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

Interior Spaces

  • 820 Sq Ft Home
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Double Pane Windows
  • Wood Frame Window

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Carport
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Waterfall on Lot
  • Wrap Around Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood
  • Baseboard Heating
  • Spring water is a source of water for the property
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878143193000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$746

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 19.35
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 820.0
  • Architectural Style: Chalet/Alpine, Log Home, Mountain
  • Carport Y N: Yes
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: One, Free Standing, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 820.0
  • Window Features: Double Pane Windows, Wood Frames

Exterior Features

  • Fencing: Partial
  • Lot Features: Waterfall, Wooded
  • View: Mountain(s), River, Seasonal View
  • View: Yes
  • Waterfront Features: Creek, Stream, Pond
  • Home Warranty: No
  • Construction Type: Log, Masonry, Wood Siding
  • Exterior Features: Fence, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Multiple, Open, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Carport, Driveway, Gravel, Private

Utilities

  • Heating: Baseboard, Electric, Fireplace(s), Gas, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Spring, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878143193000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 746.0
  • Tax Book Number: 384 / 020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Blue Ridge Conservancy
Bought by
State Of North Carolina
Current Estimated Value
$405,182

Purchase Details

Listed on
Jan 18, 2013
Closed on
Sep 16, 2014
Sold by
Fletcher Lucille E
Bought by
Penland Kristopher G and Penland Teresa Ann
Seller's Agent
MTN Mike Goldstein
Mountain Mike Realty
Buyer's Agent
MTN Mike Goldstein
Mountain Mike Realty
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
State Of North Carolina -- None Listed On Document
Penland Kristopher G $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penland Kristopher G $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2014 09/17/14 Sold $220,000 0.0% $268 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
01/18/2013 01/18/13 For Sale $220,000 -- $268 / 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 $441 $138,700 $138,700 $0
2023 -- $138,700 $138,700 $0
2022 $0 $138,700 $138,700 $0
2021 $0 $132,100 $132,100 $0
2020 $964 $132,100 $132,100 $0
2019 $964 $132,100 $132,100 $0
2018 $0 $243,900 $132,100 $111,800
2017 $964 $243,900 $132,100 $111,800
2013 -- $238,400 $131,800 $106,600
Source: Public Records

Agents Affiliated with this Home

  • MTN Mike Goldstein

    Seller's Agent in 2014

    MTN Mike Goldstein

    Mountain Mike Realty

    (828) 387-6687

    5 in this area

    53 Total Sales

    MTN Mike Goldstein
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Map

Source: High Country Association of REALTORS®

MLS Number: 176451

High Country Association of REALTORS®

APN: 1878-14-3193-000

North Carolina Watauga County Banner Elk 28604

381 Valley Creek Ln, Banner Elk, NC

Not Listed for Sale

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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