NOT LISTED FOR SALE

440 Woodthrush Way Banner Elk, NC 28604

Estimated Value: $1,587,000 - $2,646,603

4 Beds
5.5 Baths
5,155 Sq Ft
$426/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $2,695,000 $523 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $12,354/month

Highlights

  • Golf Course Community
  • Equestrian Center
  • 24-Hour Security
  • Banner Elk Elementary School Rated A-
  • Fitness Center
  • Spa

About This Home

As of July 2023

A MUST SEE! Mountain grandeur from start to finish. This newly remodeled home has an open floor plan and showcases four spacious bedrooms, five and one-half baths, three car garage, and offers a commanding view of the Elk River Valley. The open concept design seamlessly blends the living room, dining area, and gourmet kitchen, creating an ideal space for entertaining guests. The primary suite is perfectly situated off of the living area and includes a sitting area with an amazing bath and walk-in closet. A screened-in porch, office, laundry room and powder room round out the main level making this ideal for one-level living. The upper level provides a bonus room that could be used as a bedroom or private study and includes a full bath. The lower level features sitting room, recreation room with hot tub area, three guest suites, and laundry room. Breathtaking mountain vistas abound from every major room and conveniently located golf cart distance to the Elk River Clubhouse. The Elk River Club is a luxurious community in the Blue Ridge mountains. Featuring a Jack Nicklaus Signature golf course, clubhouse, tennis, fitness, and equestrian centers plus an on-site private jetport.

Last Agent to Sell the Property

Richard Foster Ii

Elk River Realty Listed on: 05/30/2023

Co-Listed By

Kylie Clark

Elk River Realty

Last Buyer's Agent

Suzanne London

Realty One Group Results-Banne

Realty One Group Results-Banne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1989

Lot Details

  • 3.19 Acre Lot
  • Property fronts a private road

HOA Fees

  • $458 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Block And Beam Construction

Interior Spaces

  • 3-Story Property
  • Tray Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Crawl Space
  • Attic

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Private Parking
  • Driveway

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Banner Elk Elementary School
  • Avery County High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Multiple cooling system units
  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Hot Water Heating System
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 27
  • Assessor Parcel Number 1848-00-56-0292-00000

Community Details

Overview

  • Elk River Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,391

Year Built

Built in 1989

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.19
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 464
  • Co List Office Phone: 828-898-9777
  • Subdivision Name: Elk River
  • Above Grade Finished Sq Ft: 2686.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-898-9777
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2469.0
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Tray Ceiling(s), Hot Tub/Spa
  • Living Area: 5155.0
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Community
  • View: Golf Course, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Wood Siding, Wood Frame
  • Exterior Features: Fire Pit, Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Shake, Wood

Garage/Parking

  • Parking Features: Driveway, Garage, Paved, Private, Three or more Spaces

Utilities

  • Laundry Features: Main Level
  • Security: 24 Hour Security
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Gas, Hot Water, Propane, Wood, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Community, Fitness Center, Golf, Gated, Pickleball, Pool, Tennis Court(s), Long Term Rental Allowed
  • Association Fee: 5496.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1848-00-56-0292-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3391.2
  • Tax Book Number: 562/1224
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jul 17, 2023
Sold by
Ellman Edward R and Ellman Debbie J
Bought by
Mary Louise Monaghan Declaration Of Trust and Monaghan
Seller's Agent
Richard Foster Ii
Elk River Realty
Buyer's Agent
Suzanne London
Realty One Group Results-Banne
List Price
$2,695,000
Sold Price
$2,695,000
Views
43
Current Estimated Value
$2,196,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$498,099
Avg. Annual Appreciation
-8.65%

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jul 1, 2021
Sold by
Revocable Living Trust
Bought by
Ellman Edward R and Ellman Debbie J
Seller's Agent
Richard Foster Ii
Elk River Realty
Buyer's Agent
Ron Kent
EXP Realty LLC
List Price
$875,000
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.57%

Purchase Details

Closed on
Oct 12, 2015
Sold by
Lail Jack R
Bought by
Horschel Mark E and Horschel Sarah E

Purchase Details

Closed on
Nov 10, 2014
Sold by
Hochman Andrew N and Hochman Andrew W
Bought by
Hochman Andrew N and Andrew N Hochman Living Trust Agreement

Purchase Details

Closed on
Oct 4, 2010
Sold by
Griffin Franklin G
Bought by
Barkas Keith

Purchase Details

Closed on
May 14, 2007
Sold by
Dryden Walter R and Dryden Rochelle Ann
Bought by
Dryden Wlater R and Pnc Bank Na
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
Mary Louise Monaghan Declaration Of Trust $2,695,000 None Listed On Document
Ellman Edward R $875 Womble Bond Dickinson Us Llp
Horschel Mark E $50,000 None Available
Hochman Andrew N -- None Available
Barkas Keith -- None Available
Dryden Wlater R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $2,695,000 0.0% $523 / Sq Ft
05/30/2023 05/30/23 For Sale $2,695,000 +208.0% $523 / Sq Ft
07/02/2021 07/02/21 Sold $875,000 0.0% $158 / Sq Ft View Prior Sale
06/02/2021 06/02/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $875,000 -- $158 / 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 $3,391 $847,800 $125,000 $722,800
2023 $3,391 $847,800 $125,000 $722,800
2022 $0 $847,800 $125,000 $722,800
2021 $3,320 $603,600 $125,000 $478,600
2020 $3,320 $603,600 $125,000 $478,600
2019 $3,320 $603,600 $125,000 $478,600
2018 $3,320 $603,600 $125,000 $478,600
2017 $3,997 $726,700 $0 $0
2016 $3,250 $726,700 $0 $0
2015 $3,250 $726,700 $125,000 $601,700
2012 -- $1,037,600 $281,300 $756,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 243416

High Country Association of REALTORS®

APN: 1848-00-56-0292-00000