NOT LISTED FOR SALE

400 Klonteska Dr Banner Elk, NC 28604

Estimated Value: $355,000 - $454,040

4 Beds
1 Bath
1,326 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $128,500 $97 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $2,249/month

14 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • Cottage
  • Double Pane Windows

About This Home

As of June 2015

DOWNTOWN BANNER ELK!!! Zoned R2 multiple family. CITY LIMITS! Desirable Location - a good address --- Looking for a good investment IN DOWNTOWN BANNER ELK, a real bargain, walking distance to Lees-McRae College. Fantastic investment value, 4-bedroom stone cottage, Living room with stone/wood fireplace, kitchen, 1-bathroom remodeled. Income producing Home, Great for student RENTALS! -- Live the good life in BE!

Last Agent to Sell the Property

Barbara Young

Banner Elk Properties Listed on: 05/12/2015

Last Buyer's Agent

Barbara Young

Banner Elk Properties Listed on: 05/12/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1920

Lot Details

  • 0.4 Acre Lot
  • Wooded Lot
  • Land Lease of $800
  • Zoning described as Multi-Family,Residential

Parking

  • No Garage

Home Design

  • Cottage
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1,326 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Mountain Views
  • Partially Finished Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 185917108924

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1326.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Living Area: 1326.0
  • Window Features: Double Pane Windows, Single Pane

Exterior Features

  • Lot Features: Wooded
  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185917108924
  • Zoning Description: Multi-Family,Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 800.0

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Book Number: 437/646-649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2017
Sold by
Keck David L and Keck Amanda J
Bought by
Setzer Mitchell Smith
Current Estimated Value
$399,010

Purchase Details

Listed on
May 12, 2015
Closed on
Jun 23, 2015
Sold by
Snowcroft Investments Llc
Bought by
Keck Dvid L and Keck Amanda J
Seller's Agent
Barbara Young
Banner Elk Properties
Buyer's Agent
Barbara Young
Banner Elk Properties
List Price
$128,500
Sold Price
$128,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$96,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2009
Sold by
Snow Ann H
Bought by
Snowcroft Investments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Setzer Mitchell Smith $142,000 None Available
Keck Dvid L $137,500 None Available
Snowcroft Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keck Dvid L $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $128,500 0.0% $97 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $128,500 -- $97 / 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 $942 $235,600 $65,000 $170,600
2023 $942 $235,600 $65,000 $170,600
2022 $0 $235,600 $65,000 $170,600
2021 $759 $138,000 $55,000 $83,000
2020 $1,532 $138,000 $55,000 $83,000
2019 $1,489 $134,100 $55,000 $79,100
2018 $738 $134,100 $55,000 $79,100
2017 $1,290 $114,200 $0 $0
2016 $511 $114,200 $0 $0
2015 $511 $114,200 $55,000 $59,200
2012 -- $133,400 $65,000 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 191464

High Country Association of REALTORS®

APN: 1859-17-10-8924-00000