NOT LISTED FOR SALE

4408 Nc Highway 194 S Banner Elk, NC 28604

Estimated Value: $712,913 - $1,031,000

2 Beds
3 Baths
2,079 Sq Ft
$416/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $500,000 $241 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,735/month

Highlights

  • Spa
  • Fishing
  • Stream or River on Lot
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Partially Wooded Lot

About This Home

As of February 2020

VALLE POINTE is now available for showings! This beautifully constructed and maintained log home is secluded in the pristine pastoral nook of historic Valle Crucis. Private, yet easy to reach, you will be within a mile of Mast General Store, and Valle Crucis Park. Fifteen minutes up the mountain will place you in downtown Banner Elk and Lees McRae College. Eleven minutes after that and you can be on the slopes at either the Beech Mountain or Sugar Mountain ski resorts! Boone/ASU are seventeen minutes away! If you are searching for the perfect location for your mountain hideaway, you cannot do any better than this. Elevate the return on your investment by renting your mountain log home either long or short term. Or, join us as a full-time resident! THIS HOUSE IS SOUND!!! Solidly built and perfectly located, you are tucked away yet still have great views. Valle Pointe is being offered for sale FURNISHED with some exclusions. The large un-attached garage also has a second-story offering tons of extra storage space. This fantastic property has more to offer than can be properly remarked upon here. Contact listing agent for a more-detailed description.

Last Agent to Sell the Property

Eric Thomas

Century 21 Mountain Vistas Listed on: 12/11/2019

Century 21 Mountain Vistas

Last Buyer's Agent

Lisa Zorek

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 2004

Lot Details

  • 1.79 Acre Lot
  • Southern Exposure
  • Partially Wooded Lot

Parking

  • 1 Car Garage
  • Oversized Parking
  • Private Parking
  • Shared Driveway

Home Design

  • Mountain Architecture
  • Log Cabin
  • Shingle Roof
  • Architectural Shingle Roof
  • Log Siding
  • Radon Mitigation System
  • Stone Veneer

Interior Spaces

  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Screens
  • Mountain Views
  • Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Outdoor Features

  • Spa
  • Stream or River on Lot
  • Wrap Around Porch
  • Open Patio

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1970-83-8446-000

Community Details

Overview

  • No Home Owners Association
  • Valle Crucis Subdivision

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.79
  • Road Surface Type: Paved
  • Subdivision Name: Valle Crucis
  • Above Grade Finished Sq Ft: 1284.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Water Heater
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 795.0
  • Fireplace Features: Two, Gas, Stone, Vented, Propane, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Furnished, Hot Tub/Spa
  • Living Area: 2079.0
  • Stories: 3
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Stone Veneer
  • Exterior Features: Hot Tub/Spa, Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Driveway, Detached, Garage, One Car Garage, Oversized, Paved, Private, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Security: Radon Mitigation System
  • Cooling: Electric, Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 2 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Fishing, River, Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1970-83-8446-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1468.0
  • Tax Book Number: 1663/557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Feb 6, 2020
Sold by
Alt Patrick L and Alt Neely C
Bought by
Cox Karen Schmid and Cox Nicholas Bernard
Seller's Agent
Eric Thomas
Century 21 Mountain Vistas
Buyer's Agent
Lisa Zorek
Keller Williams High Country
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$864,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,478
Avg. Annual Appreciation
10.14%
Original Mortgage
$250,000
Outstanding Balance
$170,434
Interest Rate
3.16%
Mortgage Type
New Conventional
Estimated Equity
$694,044

Purchase Details

Listed on
Apr 9, 2012
Closed on
Oct 25, 2012
Sold by
Valle Fair Llc
Bought by
Alt Patrick L and Alt Neely C
Seller's Agent
Todd Rice
Blue Ridge Realty & Inv. Blowing Rock
Buyer's Agent
Michael Parkinson
Keller Williams High Country
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$295,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2008
Sold by
Raines Densel L and Raines Sharon B
Bought by
Valle Fair Llc
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
Cox Karen Schmid $500,000 None Available
Alt Patrick L $420,000 None Available
Valle Fair Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Karen Schmid $250,000
Previous Owner Alt Patrick L $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2020 02/14/20 Sold $500,000 0.0% $241 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $500,000 +19.0% $241 / Sq Ft
10/30/2012 10/30/12 Sold $420,000 0.0% $201 / Sq Ft View Prior Sale
09/30/2012 09/30/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $420,000 -- $201 / 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 $1,809 $463,600 $69,500 $394,100
2023 $1,760 $463,600 $69,500 $394,100
2022 $1,760 $456,600 $69,500 $387,100
2021 $1,829 $386,200 $57,900 $328,300
2020 $1,829 $386,200 $57,900 $328,300
2019 $1,829 $386,200 $57,900 $328,300
2018 $1,636 $386,200 $57,900 $328,300
2017 $1,636 $386,200 $57,900 $328,300
2013 -- $380,400 $57,900 $322,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 219335

High Country Association of REALTORS®

APN: 1970-83-8446-000