NOT LISTED FOR SALE

407 the Glens Blvd Banner Elk, NC 28604

Estimated Value: $1,967,000 - $2,683,000

4 Beds
4 Baths
6,469 Sq Ft
$362/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $1,487,500 $230 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $12,913/month

74 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Fireplace
  • Banner Elk Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of October 2020

Welcome to one of the finest homes in the High Country of NC! Delight in all the wonderful details of this impressive home in the desirable Glens of Grandfather neighborhood. Drive up to the cobblestone parking area to the 3 car garage. Enter to a wide open living dining and kitchen area with soaring ceilings and large windows bringing in light and mountain view with front porch beyond. A floor to ceiling stone fireplace and beautiful timber framing grace the living area. Note the sky mural in dining room ceiling. Office is at front entry. Great open kitchen for entertaining with wet bar, eating bar, sub zero fridge, Wolf range, and walk in pantry. Enjoy the breakfast area that opens to a side deck with fireplace--the favorite area to sit and take in views. The master has huge windows, large his and hers closets and a huge bath with copper tub and tiled shower. Above the garage is a large bedroom currently used as a home gym. The lower level features living area with fireplace, walk out to the patio and two more large en suite bedrooms. ALSO on this level is the entertainment 'complex': of theater, wine room, music area and full bar! This home is truly a delight!

Last Agent to Sell the Property

Leslie Eason

Keller Williams High Country License #255892 Listed on: 06/30/2020

Keller Williams High Country

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1.13

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • The Glens Of Grandfather Poa

Listing and Financial Details

  • Assessor Parcel Number 1867-02-77-9044-00000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$79 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94205
  • Ratio Close Price By Original Li: 0.94205
  • Ratio Current Price By Acre: 1316371.68
  • Ratio Current Price By Sq Ft: 229.94
  • Year Built: 2006
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 828
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Fireplace Description: Gas Vented, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 2817
  • Main Level Sq Ft: 2824
  • Total Sq Ft: 6469
  • Sq Ft Unheated Basement: 308
  • Sq Ft Unheated Total: 308

Exterior Features

  • Construction: Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central Air, Propane
  • Sewer: Septic Installed
  • Water: Shared Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 950.00
  • Association Fee Frequency: Annually
  • HOA Management Company: The Glens of Grandfather POA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Mountain View
  • Parcel Number: 1867-02-77-9044-00000
  • Zoning Specification: R1

Tax Info

  • Tax Value: 1252500.00
  • Tax Location: Banner Elk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Oct 30, 2020
Sold by
Brown Michael K and Brown Janet G
Bought by
Phillips Jeffrey Scott and Phillips Bonnie
Seller's Agent
Leslie Eason
Keller Williams High Country
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,579,000
Sold Price
$1,487,500
Premium/Discount to List
-$91,500
-5.79%
Current Estimated Value
$2,338,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,450
Avg. Annual Appreciation
9.36%
Original Mortgage
$1,115,625
Outstanding Balance
$1,004,925
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,334,025

Purchase Details

Closed on
Aug 1, 2010
Sold by
Glens Builders Llc
Bought by
Yoder Joseph H
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
Phillips Jeffrey Scott $2,975 None Listed On Document
Yoder Joseph H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Jeffrey Scott $1,115,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $1,487,500 0.0% $230 / Sq Ft View Prior Sale
10/30/2020 10/30/20 Sold $1,487,500 -5.8% $230 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/12/2020 09/12/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $1,579,000 +6.2% $244 / Sq Ft
05/05/2020 05/05/20 For Sale $1,487,500 -- $230 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $6,070 $1,486,900 $260,000 $1,226,900
2023 $6,070 $1,486,900 $260,000 $1,226,900
2022 $0 $1,486,900 $260,000 $1,226,900
2021 $7,049 $1,252,500 $100,000 $1,152,500
2020 $7,057 $1,252,500 $100,000 $1,152,500
2019 $7,061 $1,252,500 $100,000 $1,152,500
2018 $7,064 $1,252,500 $100,000 $1,152,500
2017 $4,978 $878,800 $0 $0
2016 $4,043 $878,800 $0 $0
2015 $4,042 $878,800 $90,000 $788,800
2012 -- $818,800 $90,000 $728,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3622773

Canopy MLS (Canopy Realtor® Association)

APN: 1867-02-77-9044-00000