NOT LISTED FOR SALE

42 Hodges Ln Banner Elk, NC 28604

Estimated Value: $357,000 - $621,000

3 Beds
2 Baths
1,250 Sq Ft
$357/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $192,000 $154 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,417/month

Highlights

  • 2 Fireplaces
  • No HOA
  • Double Pane Windows
  • Banner Elk Elementary School Rated A-
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2020

RENTAL INCOME or full time residence. Well maintained and furnished ranch between Sugar Mountain's ski parking shuttle and Banner Elk. Vacationers or residents will love the easy access and four-wheel drive is not required. The BIG master bedroom can be closed off from the rest of the house and has a sitting area, walk-in closet and bath. The other two bedrooms share a bath. Multiple decks will accommodate any outdoor relaxing/grilling you can imagine. Low taxes - this house is outside of both Banner Elk and Sugar Mountain's taxable area - so you pay only half of what the people are paying just down the street in either direction. Very short drive to restaurants, skiing, groceries, hiking, and, if you drive a little further Grandfather Mountain, the Blue Ridge Parkway, falls, endless summer and winter activities.

Last Agent to Sell the Property

Kim Hyatt

Bear Real Estate Listed on: 10/04/2019

Last Buyer's Agent

Haley Perry

Century 21 Mountain Vistas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $674

Year Built

  • Built in 1967

Lot Details

  • 0.79

Parking

  • 1 Car Garage
  • Basement Garage
  • Private Parking
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Gas Fireplace
  • Double Pane Windows
  • Partially Finished Basement
  • Walk-Out Basement
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 0.79 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 185819720328000

Home Details

Home Type

Single Family

Est. Annual Taxes

$674

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.79
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1250.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1967
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Two, Gas, Masonry, Vented
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Pull Down Attic Stairs
  • Living Area: 1250.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick, Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Basement, Driveway, Garage, One Car Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable 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 #: 185819720328000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 674.0
  • Tax Book Number: 535/1726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Dalton Kilby Michael and Dalton Anne Sarah
Bought by
Kilby Michael Dalton and Kilby Sarah Duke
Current Estimated Value
$445,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,648
Outstanding Balance
$259,706
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$185,934

Purchase Details

Listed on
Oct 4, 2019
Closed on
Apr 15, 2020
Sold by
Barton Shirley J and Barton Amy K
Bought by
Kilby Michael Dalton and Duke Sarah Anne
Seller's Agent
Kim Hyatt
Bear Real Estate
Buyer's Agent
Haley Perry
Century 21 Mountain Vistas
List Price
$192,000
Sold Price
$192,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%
Original Mortgage
$188,522
Interest Rate
3.62%
Mortgage Type
FHA
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
Kilby Michael Dalton -- Shoaf Law Firm Pa
Kilby Michael Dalton $192,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilby Michael Dalton $279,648
Previous Owner Kilby Michael Dalton $188,522
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2020 05/08/20 Sold $192,000 0.0% $154 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
10/04/2019 10/04/19 For Sale $192,000 -- $154 / 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 $964 $4,200 $1,500 $2,700
2023 $742 $241,100 $23,300 $217,800
2022 $742 $185,600 $23,300 $162,300
2021 $674 $122,600 $23,300 $99,300
2020 $674 $122,600 $23,300 $99,300
2019 $674 $122,600 $23,300 $99,300
2018 $674 $122,600 $23,300 $99,300
2017 $701 $127,500 $0 $0
2016 $570 $127,500 $0 $0
2015 $570 $127,500 $23,300 $104,200
2012 -- $156,400 $31,100 $125,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kim Hyatt

    Bear Real Estate

    (828) 260-5338

    14 in this area

    53 Total Sales

    Kim Hyatt
    Section Image

  • H

    Buyer's Agent in 2020

    Haley Perry

    Century 21 Mountain Vistas

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 218192

High Country Association of REALTORS®

APN: 1858-19-72-0328-00000

North Carolina Avery County Banner Elk 28604

42 Hodges Ln, Banner Elk, NC

This home is located at 42 Hodges Ln, Banner Elk, NC 28604 since 04 October 2019 and is currently estimated at $445,640, approximately $356 per square foot. This property was built in 1967. 42 Hodges Ln is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High School.

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.

High Country Association of REALTORS® 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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