NOT LISTED FOR SALE

42 Hemlock Ct Banner Elk, NC 28604

Estimated Value: $1,027,545 - $1,229,000

3 Beds
3.5 Baths
2,275 Sq Ft
$501/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $745,000 $327 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,029/month

150 Days on Market

Highlights

  • Horse Facilities
  • Equestrian Center
  • Gated Community
  • Banner Elk Elementary School Rated A-
  • Home fronts a pond
  • Views of Trees

About This Home

As of November 2019

A charming mountain home nestled in the dense hemlocks of The Farm at Banner Elk. Upon entering this home, you are immediately aware of the quality throughout. There are hardwood floors in all rooms except baths, soaring windows allowing ample sunlight, detailed trim woodwork, baths with granite cabinet tops. The living room features a large stone gas fireplace and the covered and screened room on the deck features a wood burning, masonry fireplace. The crackle of logs burning accompany hours of chatter with friends and family. A most open floor plan, allowing easy conversation between the various living areas. A must see High Country???????????????????????????????????????? home.

Last Agent to Sell the Property

Steve Lambert

Elk Valley Properties Listed on: 05/23/2019

Last Buyer's Agent

Sarah Whitfield

Premier Sotheby's International Realty- Banner Elk

Premier Sotheby's International Realty- Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,179

Year Built

  • Built in 2009

Lot Details

  • 0.69 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Partially Wooded Lot
  • Zoning described as Residential,Subdivision

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Craftsman Architecture
  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2,275 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Views of Trees
  • Crawl Space

Kitchen

  • Double Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Covered patio or porch
  • Equestrian Center

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1858-07-68-2331-00000

Community Details

Overview

  • The Farm At Banner Elk Subdivision

Recreation

  • Horse Facilities

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,179

Year Built

Built in 2009

Lot Details

0

HOA Fees

$148 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Farm At Banner Elk
  • Above Grade Finished Sq Ft: 2275.0
  • Architectural Style: Craftsman, Mountain
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2009
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator, Washer, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Two, Gas, Vented, Wood Burning, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 2275.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Trees/Woods
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Horse Facilities, Gravel Driveway
  • Patio And Porch Features: Covered, Open, Screened
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Equestrian Community, Gated
  • Association Fee: 1770.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1858-07-68-2331-00000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7179.0
  • Tax Book Number: 481/802
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Nov 18, 2019
Sold by
Hinch Paul D
Bought by
Smith Z Vance and Stubblefield Family Trust
Seller's Agent
Steve Lambert
Elk Valley Properties
Buyer's Agent
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
List Price
$745,000
Sold Price
$745,000
Current Estimated Value
$1,200,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,708
Avg. Annual Appreciation
10.52%

Purchase Details

Closed on
Jan 3, 2014
Sold by
Carter John F and Carter Erin S
Bought by
Hinch Paul D and Paul D Hinch Revocable Trust

Purchase Details

Closed on
Mar 22, 2007
Sold by
Kanjian Robert J and Kanjian Anne L
Bought by
Carter John F and Carter Erin S
Source: Public Records

Range of Values:

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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
Smith Z Vance $745,000 None Available
Hinch Paul D $659,000 None Available
Carter John F $155,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $745,000 0.0% $327 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $745,000 -- $327 / 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
2023 $2,996 $749,000 $106,300 $642,700
2022 $0 $749,000 $106,300 $642,700
2021 $3,558 $646,900 $140,000 $506,900
2020 $7,181 $646,900 $140,000 $506,900
2019 $7,181 $646,900 $140,000 $506,900
2018 $3,558 $646,900 $140,000 $506,900
2017 $6,157 $544,900 $0 $0
2016 $2,437 $544,900 $0 $0
2015 $2,437 $544,900 $75,000 $469,900
2012 -- $629,800 $148,500 $481,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 214986

High Country Association of REALTORS®

APN: 1858-07-68-2331-00000