450 Arnett Rd Banner Elk, NC 28604
2
Beds
1
Bath
925
Sq Ft
0.54
Acres
Highlights
- Furnished
- No HOA
- Cooling Available
- Banner Elk Elementary School Rated A-
- Cottage
- Shed
About This Home
As of August 2025This charming 2 bedroom 1 bath cottage is nestled in the heart of the High Country. The cozy retreat blends rustic charm with modern updates, offering a warm and inviting atmosphere just right for year-round living or seasonal getaway. Just 1.5 miles from the lodge at Sugar Mtn, this home sits on the road directly across from the Sugar Mtn entrance, offering unparalleled convenience to one of North Carolina's premier resort destinations. Sugar Mtn offers snow sports, golf, tennis, tubing, ice skating, and mountain biking. Grocery stores, restaurants, and attractions are a short drive, as well hospitals and pharmacies.
Last Agent to Sell the Property
EXP Realty LLC Brokerage Phone: (828) 460-3847 Listed on: 07/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $508
Year Built
- Built in 1966
Parking
- Carport
Home Design
- Cottage
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 925 Sq Ft Home
- 1-Story Property
- Furnished
- Crawl Space
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Cooling Available
- Heat Pump System
- 220 Volts
- Private Water Source
- Well
- Private Sewer
- High Speed Internet
- Cable TV Available
Additional Features
- Shed
- 0.54 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 18681720127000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 4, 2025
Closed on
Aug 4, 2025
Sold by
Lampley Lauren L
Bought by
Ives William Paul and Ives Michelle Lynn
Seller's Agent
James Wells
EXP Realty LLC
Buyer's Agent
Roxanne Weavil
RE/MAX Realty Group
List Price
$325,000
Sold Price
$325,000
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-83.22%
Original Mortgage
$292,500
Outstanding Balance
$292,500
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$4,750
Purchase Details
Listed on
Jul 22, 2016
Closed on
Sep 7, 2016
Sold by
Morrow Rodney and Morrow Tiersa T
Bought by
Lampley Lauren L
Seller's Agent
James Dorman
Castle Rock Realty, Ltd.
Buyer's Agent
James Dorman
Castle Rock Realty, Ltd.
List Price
$125,000
Sold Price
$125,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$96,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 21, 2007
Sold by
Kenn Tate Properties Llc
Bought by
Kirby Andrew W and Kirby Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.57%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 5, 2005
Sold by
Claark Tiffany P
Bought by
Kenneth Properties Llc
Similar Homes in Banner Elk, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | None Listed On Document | |
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $180,000 | None Available | |
| Warranty Deed | $120,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Previous Owner | $96,000 | New Conventional | |
| Previous Owner | $36,000 | Unknown | |
| Previous Owner | $144,000 | New Conventional | |
| Previous Owner | $27,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $325,000 | 0.0% | $351 / Sq Ft |
| 07/04/2025 07/04/25 | For Sale | $325,000 | +160.0% | $351 / Sq Ft |
| 10/14/2016 10/14/16 | Sold | $125,000 | 0.0% | $135 / Sq Ft |
| 09/14/2016 09/14/16 | Pending | -- | -- | -- |
| 07/22/2016 07/22/16 | For Sale | $125,000 | -- | $135 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $508 | $127,100 | $22,000 | $105,100 |
| 2023 | $508 | $127,100 | $22,000 | $105,100 |
| 2022 | $508 | $127,100 | $22,000 | $105,100 |
| 2021 | $582 | $105,900 | $35,000 | $70,900 |
| 2020 | $582 | $105,900 | $35,000 | $70,900 |
| 2019 | $582 | $105,900 | $35,000 | $70,900 |
| 2018 | $582 | $105,900 | $35,000 | $70,900 |
| 2017 | $505 | $91,800 | $0 | $0 |
| 2016 | $411 | $91,800 | $0 | $0 |
| 2015 | $411 | $91,800 | $35,000 | $56,800 |
| 2012 | -- | $122,600 | $50,000 | $72,600 |
Source: Public Records
Agents Affiliated with this Home
-
James Wells
J
Seller's Agent in 2025
James Wells
EXP Realty LLC
(828) 460-3847
19 in this area
86 Total Sales
-
Roxanne Weavil
Buyer's Agent in 2025
Roxanne Weavil
RE/MAX
(828) 263-3137
7 in this area
95 Total Sales
-
Heather Mitchell
Buyer Co-Listing Agent in 2025
Heather Mitchell
RE/MAX
(828) 455-1835
1 in this area
12 Total Sales
-
J
Seller's Agent in 2016
James Dorman
Castle Rock Realty, Ltd.
Map
Source: High Country Association of REALTORS®
MLS Number: 256721
APN: 1868-17-20-1270-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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