NOT LISTED FOR SALE

423 Valle Ridge Dr Banner Elk, NC 28604

Estimated Value: $841,000 - $1,048,000

2 Beds
2 Baths
2,332 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 03, 2014

Last sale price $330,000 $142 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $5,257/month

Highlights

  • 1.77 Acre Lot
  • Mountain View
  • Traditional Architecture
  • Valle Crucis Elementary School Rated A-
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of June 2014

Tremendous Views!!! Views from this recently remodeled, level entry home are absolutely spectacular. Huge great room with high ceilings and gas log fireplace. Big eat-in kitchen with island, wall oven and lots of cabinet and counter space. Hardwood and tile flooring. Big decks, both covered and uncovered. Very private location only 4 miles from Banner Elk or Valle Crucis. Big two-car garage and only minutes from town. BIG BIG VIEWS!!! Great yard area for kids and pets. Views are just incredible. Septic is currently approved for a 2 bedroom but tank is installed for up to a 4 bedroom. Original owner did this for tax evaluation purposes and home can easily & inexpensively be approved for a 3 bedroom and currently has three rooms with closets and windows that are being used as bedrooms. Home is in the much sought-after Valle Crucis school district.

Last Agent to Sell the Property

Lindsey Lacey

Preferred Mountain Real Estate Listed on: 03/27/2014

Last Buyer's Agent

Sarah Long

828 Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1999

Lot Details

  • 1.77 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • Propane Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Tax Lot B
  • Assessor Parcel Number 1879089562000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,140

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.77
  • Above Grade Finished Sq Ft: 2332.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2332.0

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1879089562000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1140.06
  • Tax Book Number: 1416/803
  • Tax Lot: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2014
Closed on
Jun 3, 2014
Sold by
Staab Horst and Staab Martha
Bought by
Kitts Melissa
Seller's Agent
Lindsey Lacey
Preferred Mountain Real Estate
Buyer's Agent
Sarah Long
828 Real Estate
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$953,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,260
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Dec 31, 2008
Sold by
Sievernich Eleanor and Albom Barbara
Bought by
Staab Horst and Staab Martha
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
Kitts Melissa $3,300,000 None Available
Staab Horst $55,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2014 06/03/14 Sold $330,000 0.0% $142 / Sq Ft
05/04/2014 05/04/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $330,000 -- $142 / 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 $2,141 $553,900 $43,300 $510,600
2023 $1,964 $553,900 $43,300 $510,600
2022 $1,964 $511,900 $43,300 $468,600
2021 $2,003 $424,500 $43,300 $381,200
2020 $2,003 $424,500 $43,300 $381,200
2019 $2,003 $424,500 $43,300 $381,200
2018 $1,791 $424,500 $43,300 $381,200
2017 $1,791 $424,500 $43,300 $381,200
2013 -- $290,100 $43,300 $246,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 183751

High Country Association of REALTORS®

APN: 1879-08-9562-000