NOT LISTED FOR SALE

408 Snow Ridge Rd Banner Elk, NC 28604

Estimated Value: $758,000

3 Beds
2.5 Baths
2,044 Sq Ft
$371/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $269,000 $132 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $4,792/month

Highlights

  • Spa
  • 2.26 Acre Lot
  • Wood Burning Stove
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Wooded Lot

About This Home

As of February 2020

Great family home in Banner Elk with 3 bedrooms, 2.5 baths on 2.26 acres. The interior was just painted and brand new flooring throughout the home. Surrounded by large hardwoods and rhododendron, this home feels like it is secluded,yet is only minutes from downtown.Some of the best features of this home are the 3 large living areas.The kitchen and dining area are centrally located in the home with a 16 x 20 Sunroom on one side of the dining room,a large living room on another and a separate 26 x 14 Den in a third direction.Plenty of room for a large family to feel like they could spread out.A full unfinished basement is heated with a woodstove. The den has a beautiful cast iron gas woodstove with a real stone hearth that can serve as an additional heat source. There are multiple decks that almost totally wrap around the house. he front porch is covered and the rest of the decking is open to enjoy the sunshine.Tiger River hot tub stays with the house. Views from the front porch and Den are of Beech Mountain, Roan and Yellow Mountain in the distance. A tiered vegetable garden and multiple flower beds grace the front. Owner financing is possible.

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 04/04/2018

Last Buyer's Agent

Marsha McManus

The Summit Group Of The Carolinas Listed on: 04/04/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1996

Lot Details

  • 2.26 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Deed Restrictions,Subdivision

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Free Standing Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Screens
  • Mountain Views
  • Attic

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Spa
  • Wrap Around Porch
  • Open Patio

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 16 - 18
  • Assessor Parcel Number 1869433790000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.26
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 2044.0
  • Architectural Style: Modular/Prefab, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Bath/Stubbed
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Attic, Hot Tub/Spa
  • Living Area: 2044.0
  • Stories: 2
  • Window Features: Double Pane Windows, Screens, Vinyl

Exterior Features

  • Lot Features: Wooded
  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Hot Tub/Spa, Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Fireplace(s), Gas, Propane, Other, See Remarks, Wood, Wood Stove
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1869433790000
  • Zoning Description: Deed Restrictions,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1202.0
  • Tax Book Number: 1117
  • Tax Lot: 16 - 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Feb 24, 2020
Sold by
Sostheim Peter and Sostheim Pam
Bought by
Stewart Hannah Magdalena
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
Marsha McManus
The Summit Group Of The Carolinas
List Price
$269,000
Sold Price
$269,000
Current Estimated Value
$758,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,000
Original Mortgage
$242,100
Outstanding Balance
$214,819
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
Mcmanus Marsha H and Mcmanus David T
Bought by
Brudnicki Peter and Brudnicki Lynn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stewart Hannah Magdalena $269,000 None Available
Brudnicki Peter $329,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Hannah Magdalena $242,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $269,000 0.0% $132 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
04/04/2018 04/04/18 For Sale $269,000 -- $132 / 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
2021 $0 $0 $0 $0
2020 $1,341 $0 $0 $0
2019 $0 $278,400 $21,200 $257,200
2018 $1,202 $278,400 $21,200 $257,200
2017 $1,091 $278,400 $21,200 $257,200
2013 -- $272,700 $21,200 $251,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 178410

High Country Association of REALTORS®

APN: 1869-43-3790-000