NOT LISTED FOR SALE

420 Crest Hill Banner Elk, NC 28604

Estimated Value: $1,083,000 - $1,326,000

3 Beds
3 Baths
3,843 Sq Ft
$318/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $625,000 $163 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,735/month

Highlights

  • Views of Trees
  • 7.9 Acre Lot
  • Cathedral Ceiling
  • Valle Crucis Elementary School Rated A-
  • Partially Wooded Lot
  • Mountain Architecture

About This Home

As of July 2020

This GORGEOUS mountain property boasts a main house PLUS guest house with long range layered views on 7.9 acres! The main house features oak floors, kitchen with granite counter tops, oak cabinets, and brand new high-end appliances, 3 bedrooms, 3 baths, plus a bonus room and rec room/den area downstairs. The great room has a cathedral ceiling, and picture windows take in the layered view from both the great room and the loft. Enjoy the view from the wrap-around decks as well! The guest house has two bonus room/sleeping areas, kitchen with brand new appliances, and two full baths. Both houses have central propane heat and electric A/C, and separate backup generators. The roofs are just one year old. There is also a 16 x 16 shop used for a pottery kiln*, and a second large outbuilding that can be used as a garage, shop, or game room. Enjoy hiking trails on 7+ acres! This is a great property for a residence, second home, or rental. Only 2.5 miles from downtown Banner Elk's dining, shopping, ensemble theatre and park, just 10-15 minute drive to ski slopes on Sugar Mtn and Beech Mountain.
* Kiln is not included in sale price but is negotiable.

Last Agent to Sell the Property

Robyn Edsall

Keller Williams High Country Listed on: 07/11/2020

Keller Williams High Country

Co-Listed By

Jim Edsall

Keller Williams High Country

Last Buyer's Agent

Michelle Griffin

High Country Resort Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1990

Lot Details

  • 7.9 Acre Lot
  • Property fronts a private road
  • Southern Exposure
  • Partially Wooded Lot

Property Views

  • Trees
  • Mountain

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Living Quarters
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Walk-Out Basement
  • Attic

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Open Patio
  • Outbuilding
  • Wrap Around Porch

Schools

  • Banner Elk Elementary School
  • Watauga High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1869-63-6828-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,622

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.9
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 442
  • Co List Office Phone: (828) 898-3111
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2307.0
  • Architectural Style: Mountain
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1536.0
  • Fireplace Features: Two, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic, Cathedral Ceiling(s)
  • Living Area: 3843.0
  • Stories: 3

Exterior Features

  • View: Long Range, Mountain(s), Trees/Woods, Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Out Building(s), Paved Driveway
  • Other Structures: Living Quarters, Outbuilding
  • Patio And Porch Features: Multiple, Open, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Asphalt, Driveway, Other, Paved, Private, See Remarks

Utilities

  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Private Sewer, Septic Permit 3 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • Elementary School: Banner Elk
  • High School: Watauga

Lot Info

  • Parcel #: 1869-63-6828-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2622.0
  • Tax Book Number: 1484/140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Jul 29, 2020
Sold by
Press Maxwell L and Press Jessica
Bought by
Paul Jason and Paul Stacey
Seller's Agent
Robyn Edsall
Keller Williams High Country
Buyer's Agent
Michelle Griffin
High Country Resort Properties
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$1,221,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,658
Avg. Annual Appreciation
13.78%
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
Paul Jason $625,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $625,000 0.0% $163 / Sq Ft
07/11/2020 07/11/20 For Sale $625,000 -- $163 / 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 $2,787 $729,400 $116,100 $613,300
2023 $2,764 $729,400 $116,100 $613,300
2022 $2,764 $729,400 $116,100 $613,300
2021 $0 $561,200 $89,300 $471,900
2020 $2,622 $561,200 $89,300 $471,900
2019 $2,622 $561,200 $89,300 $471,900
2018 $2,342 $561,200 $89,300 $471,900
2017 $2,342 $561,200 $89,300 $471,900
2013 -- $532,900 $72,700 $460,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 223021

High Country Association of REALTORS®

APN: 1869-63-6828-000