K
Seller's Agent in 2020
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
(828) 737-3100
35 in this area
119 Total Sales
388 Grandfather Rd Banner Elk, NC 28604
Estimated Value: $333,000 - $612,000
4
Beds
4
Baths
2,383
Sq Ft
$207/Sq Ft
Est. Value
Highlights
- Mountain View
- Contemporary Architecture
- 2 Fireplaces
- Valle Crucis Elementary School Rated A-
- Partially Wooded Lot
- No HOA
About This Home
As of October 2020Wonderful investment property conveniently located to Boone, Banner Elk, skiing, hiking, shopping and wide selection of restaurants. This home has two separate living areas that can be used as one residence for a family or divided to be rented separately. Upper level consists of two bedrooms, two baths, living room with stone fireplace, kitchen and laundry area. Lower level has two bedrooms, one bath, a full kitchen and living area with stone fireplace Home is in great shape and has been well maintained. Painted in 2017 and roof installed 2010.
Last Agent to Sell the Property
Blue Ridge Realty & Inv. - Banner Elk Listed on: 02/27/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $936
Year Built
- Built in 1994
Lot Details
- 0.55 Acre Lot
- Property fronts a private road
- Partially Wooded Lot
Home Design
- Contemporary Architecture
- Mountain Architecture
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 2,383 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Double Hung Windows
- Mountain Views
- Crawl Space
- Electric Range
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Parking
- Carport
- Driveway
- Paved Parking
Outdoor Features
- Open Patio
Schools
- Valle Crucis Elementary School
Utilities
- Central Air
- Heating System Uses Gas
- Heat Pump System
- Private Water Source
- Well
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 186788869300000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2018
Closed on
Oct 20, 2020
Sold by
Wilson Lynn K and Wilson Francis
Bought by
Venable James T and Cornacchione Teresa A
Seller's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,885
Avg. Annual Appreciation
13.90%
Original Mortgage
$229,500
Outstanding Balance
$203,756
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$290,129
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Venable James T | $255,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Venable James T | $229,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2020 10/22/20 | Sold | $255,000 | 0.0% | $107 / Sq Ft |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- |
| 02/27/2018 02/27/18 | For Sale | $255,000 | -- | $107 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $1,043 | $328,100 | $14,900 | $313,200 |
| 2023 | $1,287 | $328,100 | $14,900 | $313,200 |
| 2022 | $1,287 | $328,100 | $14,900 | $313,200 |
| 2021 | $1,043 | $212,500 | $14,200 | $198,300 |
| 2020 | $1,043 | $212,500 | $14,200 | $198,300 |
| 2019 | $1,043 | $212,500 | $14,200 | $198,300 |
| 2018 | $936 | $212,500 | $14,200 | $198,300 |
| 2017 | $936 | $212,500 | $14,200 | $198,300 |
| 2013 | -- | $215,500 | $14,200 | $201,300 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Cleghorn
-
NONMLS MEMBER
N
Buyer's Agent in 2020
NONMLS MEMBER
NONMLS
163 in this area
2,428 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 205492
APN: 1867-88-8693-000
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.
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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