NOT LISTED FOR SALE

489 Lower Crab Orchard Rd Banner Elk, NC 28604

Estimated Value: $887,000 - $1,127,068

4 Beds
4.5 Baths
3,812 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $580,000 $152 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,408/month

Highlights

  • 6.56 Acre Lot
  • Mountain View
  • Mountain Architecture
  • Valle Crucis Elementary School Rated A-
  • Wooded Lot
  • Attic

About This Home

As of June 2012

Priced @ Appraisal. Pristine Mountain Style home located on 6.5 acres with mountain views. Located in Valle Crucis, property includes the rushing Crab Orchard Creek through a section of the land & an additional 2nd stream. The home has a level entry into the main level. Great Room includes hardwood floors, vaulted ceilings, built-in cabinets, & a stone fireplace. The Kitchen has been updated w/ stainless steel appliances, granite, & tile back-splash. Adjacent to the kitchen is a pantry, laundry/mud room w/access to the 2 car garage, a half bath, & access to the covered outdoor living space House is priced at a recent Appraisal Amount! The Master Bedroom is also on the main level with abundant storage, built-in cabinets, & a bathroom suite with tile shower, jet tub, and custom vanity with dual sinks. Custom details are found throughout this beautiful home. The Lower Level includes a family room den w/ 2nd fireplace and built-ins, 3 bedrooms, 3 bathrooms, an office, and outdoor deck living space. This level has day light from 3 sides & views of the pasture and distant montains.

Last Agent to Sell the Property

Todd Rice

Blue Ridge Realty & Inv. Blowing Rock Listed on: 01/03/2011

Last Buyer's Agent

Benjamin Ray

Client First Of The High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1998

Lot Details

  • 6.56 Acre Lot
  • Home fronts a stream
  • Wooded Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Gas Water Heater
  • Private Sewer

Additional Features

  • Covered Patio or Porch
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1970-64-8327-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.56
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 1990.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1822.0
  • Fireplace Features: Two, Gas, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 3812.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Pasture, Wooded
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Heating: Forced Air, Hot Water, Propane, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1970-64-8327-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1850.0
  • Tax Book Number: 386/805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2011
Closed on
Jun 11, 2012
Sold by
Pendolino Alexander P and Higgins Bethany Jane
Bought by
Pendolino Linda S
Seller's Agent
Todd Rice
Blue Ridge Realty & Inv. Blowing Rock
Buyer's Agent
Benjamin Ray
Client First Of The High Country
List Price
$580,000
Sold Price
$580,000
Current Estimated Value
$986,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,023
Avg. Annual Appreciation
4.06%

Purchase Details

Listed on
Jan 3, 2011
Closed on
Jun 10, 2012
Sold by
Pendolino Linda S
Bought by
Salmon Lawrence R and Salmon Mary J
Seller's Agent
Todd Rice
Blue Ridge Realty & Inv. Blowing Rock
Buyer's Agent
Benjamin Ray
Client First Of The High Country
List Price
$580,000
Sold Price
$580,000

Purchase Details

Listed on
Jan 3, 2011
Closed on
May 30, 2012
Sold by
Pendolino Alexander P
Bought by
Pendolino Linda S
Seller's Agent
Todd Rice
Blue Ridge Realty & Inv. Blowing Rock
Buyer's Agent
Benjamin Ray
Client First Of The High Country
List Price
$580,000
Sold Price
$580,000

Purchase Details

Closed on
Jun 7, 2005
Sold by
Linville Creek Crossing Inc
Bought by
Pendolino Alexander P and Pendolino Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Pendolino Linda S -- None Available
Salmon Lawrence R $580,000 None Available
Pendolino Linda S -- None Available
Pendolino Alexander P $47,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pendolino Alexander P $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2012 06/20/12 Sold $580,000 0.0% $152 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
01/03/2011 01/03/11 For Sale $580,000 -- $152 / 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 $2,155 $557,600 $126,800 $430,800
2023 $2,132 $557,600 $126,800 $430,800
2022 $2,132 $557,600 $126,800 $430,800
2021 $2,436 $520,100 $95,700 $424,400
2020 $2,436 $520,100 $95,700 $424,400
2019 $2,436 $520,100 $95,700 $424,400
2018 $2,176 $520,100 $95,700 $424,400
2017 $2,176 $520,100 $95,700 $424,400
2013 -- $454,200 $95,700 $358,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Todd Rice

    Blue Ridge Realty & Inv. Blowing Rock

    (828) 263-8711

    10 in this area

    115 Total Sales

    Todd Rice
    Section Image

  • B

    Buyer's Agent in 2012

    Benjamin Ray

    Client First Of The High Country

    (704) 287-2760

    16 in this area

    136 Total Sales

    Benjamin Ray
    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 94286

High Country Association of REALTORS®

APN: 1970-64-8327-000

North Carolina Watauga County Banner Elk 28604

489 Lower Crab Orchard Rd, Banner Elk, NC

This home is located at 489 Lower Crab Orchard Rd, Banner Elk, NC 28604 since 03 January 2011 and is currently estimated at $986,023, approximately $258 per square foot. This property was built in 1998. 489 Lower Crab Orchard Rd is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

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.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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