NOT LISTED FOR SALE

Estimated Value: $849,000 - $1,166,000

3 Beds
3.5 Baths
3,454 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2022

Last sale price $975,000 $282 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,037 / mo

52 Days on Market

Highlights

  • 1.85 Acre Lot
  • Mountain View
  • Mountain Architecture
  • Banner Elk Elementary School Rated A-
  • Vaulted Ceiling
  • Furnished

About This Home

As of June 2022

Gorgeous mountain retreat! So much to offer in this well maintained three level 3450 sq ft log cabin. Open main level with lots of windows, vaulted tongue and groove ceilings, wood floors, stone propane fireplace, and a freestanding wood burning stove, with the great room expanded to the sizable dining area. Well designed kitchen with slate floor, large island, double oven gas range, abundant cabinetry and counter space. Main level additionally has large laundry room, 1/2 bath, generous primary bedroom, full bath with a cast iron Kohler, centennial edition tub and separate shower.
Huge upstairs sleeping loft, with guest bedroom, and full bath. Lower level has a separate entrance to the family/rec room, office, bonus room, spacious full bath with jetted tub. Plenty of room for family gatherings. Beautiful furnishings and wood accents throughout. 2 car oversized garage, lots of decking covered, uncovered, and wrap around with a porch swing. Ample parking with stone steps leading to the back yard fire pit. Located within a short drive to downtown Banner Elk, ski resorts, shopping and restaurants. Property is currently a full time residence but would be an ideal investment property.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 04/24/2022

Last Buyer's Agent

Denise Weinkle

RE/MAX Realty Group

RE/MAX Realty Group

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,034

Year Built

  • Built in 2002

Lot Details

  • 1.85 Acre Lot
  • Property fronts a private road

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway

Property Views

  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Log Cabin
  • Wood Frame Construction
  • Metal Roof
  • Log Siding
  • Radon Mitigation System

Interior Spaces

  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Finished Basement

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Wrap Around Porch
  • Open Patio

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Mountain Meadows Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1847-01-48-6786-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,034

Year Built

Built in 2002

Lot Details

1.85 Acres

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.85
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Mountain Meadows
  • Above Grade Finished Sq Ft: 2364.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1090.0
  • Fireplace Features: Gas, Stone
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s)
  • Living Area: 3454.0
  • Stories: 3

Exterior Features

  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Wood Frame
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Metal

Garage/Parking

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

Utilities

  • Security: Radon Mitigation System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1847-01-48-6786-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2033.9
  • Tax Book Number: 463/2029

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
Jun 7, 2022
Sold by
Broughton Johnny R and Broughton Angela R
Bought by
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Denise Weinkle
RE/MAX Realty Group
List Price
$894,500
Sold Price
$975,000
Premium/Discount to List
$80,500
9%
Current Estimated Value
$1,063,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,296
Avg. Annual Appreciation
2.09%
Original Mortgage
$780,000
Outstanding Balance
$715,441
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$347,855

Purchase Details

Listed on
Dec 12, 2011
Closed on
Mar 7, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Broughton Johnny R and Broughton Angela R
Seller's Agent
Jason Eldreth
A PLUS Realty
Buyer's Agent
Julia Heinlein
EXP Realty LLC
List Price
$247,000
Sold Price
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$222,300
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Banner Elk, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$975,000 Moffatt & Moffatt Pllc
Broughton Johnny R -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $780,000
Previous Owner Broughton Johnny R $222,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2022 06/16/22 Sold $975,000 +9.0% $282 / Sq Ft
04/24/2022 04/24/22 For Sale $894,500 +262.1% $259 / Sq Ft
03/29/2012 03/29/12 Sold $247,000 0.0% $112 / Sq Ft View Prior Sale
02/28/2012 02/28/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $247,000 -- $112 / Sq Ft
Source: High Country Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,883 $470,700 $33,800 $436,900
2024 $1,883 $470,700 $33,800 $436,900
2023 $1,883 $470,700 $33,800 $436,900
2022 $1,883 $470,700 $33,800 $436,900
2021 $2,034 $369,800 $50,000 $319,800
2020 $2,034 $369,800 $50,000 $319,800
2019 $2,034 $369,800 $50,000 $319,800
2018 $2,034 $369,800 $50,000 $319,800
2017 $1,870 $340,000 $0 $0
2016 $1,520 $340,000 $0 $0
2015 $1,520 $340,000 $48,000 $292,000
2012 -- $480,200 $40,000 $440,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 237023

High Country Association of REALTORS®

APN: 1847-01-48-6786-00000

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