NOT LISTED FOR SALE

429 Rocky Rd Banner Elk, NC 28604

Estimated Value: $461,000

3 Beds
1 Bath
890 Sq Ft
$518/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $625,000 $702 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $2,595/month

44 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • 37.9 Acre Lot
  • Valle Crucis Elementary School Rated A-
  • Home fronts a pond
  • Mountain View

About This Home

As of September 2023

Two tracts totaling over 37 acres, with upper portion bordering Grandfather Mountain State Park. Existing vintage stone cottage could be rehabbed and made adorable. The exquisite stone masonry was actually harvested on the property. Additionally, multiple building sites are present, whether you would like to build up high to really maximize the amazing views, or build on lower, accessible sites with gentle topo. Whichever is your preference, you will be surrounded by western sunsets, rock outcroppings, natural springs, and total seclusion. This property is home to many Appalachian varieties of apple trees (list attached), blackberries, blueberries, ramps, lilies, morels, ferns, and more. All of this within a quick drive to downtown Banner Elk, restaurants, shopping, healthcare, and other conveniences. No drive-bys please.

Last Agent to Sell the Property

Robin Lineberger

Realty One Group Results-Boone Listed on: 07/23/2023

Realty One Group Results-Boone

Last Buyer's Agent

Robin Lineberger

Realty One Group Results-Boone Listed on: 07/23/2023

Realty One Group Results-Boone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1944

Lot Details

  • 37.9 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road
  • Property borders a national or state park
  • Many Trees

Home Design

  • Farmhouse Style Home
  • Cottage
  • Metal Roof
  • Masonry
  • Stone

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Farming

  • Barn

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Spring water is a source of water for the property
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1877198498000, 1877281736000

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest

Recreation

  • Horse Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 37.9
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Architectural Style: Cottage, Farmhouse
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1944
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Exterior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: None
  • Stories: 2

Exterior Features

  • Lot Features: Many Trees
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream, Pond
  • Home Warranty: No
  • Construction Type: Masonry, Stone
  • Exterior Features: Horse Facilities, Out Building(s), Gravel Driveway
  • Foundation Details: Basement
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil
  • Heating Yn: Yes
  • Sewer: Septic Permit Unavailable, Septic Tank
  • Utilities: Septic Available
  • Water Source: Spring

Condo/Co-op/Association

  • Community Features: Near State Park, Trails/Paths, Long Term Rental Allowed, Near National Forest, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1877198498000, 1877281736000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 606/372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Bost Velva J
Bought by
Carswell Larry and Carswell Sue
Current Estimated Value
$461,000
Source: Public Records

Range of Values:

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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
Carswell Larry $15,500 Cocke William B
Bost Jonathan E $25,000 Cocke William B
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $625,000 -19.3% $702 / Sq Ft
07/23/2023 07/23/23 For Sale $774,000 -- $870 / 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 $1,000 $250,000 $132,000 $118,000
2022 $1,000 $250,000 $132,000 $118,000
2021 $907 $182,600 $115,100 $67,500
2020 $907 $182,600 $115,100 $67,500
2019 $907 $182,600 $115,100 $67,500
2018 $816 $182,600 $115,100 $67,500
2017 $743 $182,600 $115,100 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 244835

High Country Association of REALTORS®

APN: 1877-28-1736-000