NOT LISTED FOR SALE

501 Grey Fox Ridge Rd Banner Elk, NC 28604

Estimated Value: $1,440,000 - $1,841,000

2 Beds
2 Baths
2,442 Sq Ft
$679/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $260,000 $106 Per Sq Ft

Est. 538% increase in value since last sale

Current estimated payment $9,144/month

Highlights

  • Mountain View
  • Mountain Architecture
  • 1 Car Garage
  • Banner Elk Elementary School Rated A-
  • 1 Fireplace
  • Wood Siding

About This Home

As of November 2012

Great location and views you must see. This 2006 built custom home with lots of space and open floor plan. 2Bd 2Ba on main floor and large loft, with a lot of space downstairs for expansion. Many very large decks to enjoy these incredible views. This one is a must see. Approved for Homepath Mortgage and Homepath Renovation Mortgage.

Last Agent to Sell the Property

Michael Eller

Mtn Prop. of the High Country Listed on: 09/04/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 2006

Lot Details

  • 0.9 Acre Lot

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Schools

  • Banner Elk Elementary School

Utilities

  • Private Water Source
  • Well
  • Private Sewer

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 185910451524

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,832

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Above Grade Finished Sq Ft: 1767.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20

Interior Features

  • Has Basement: Full, Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 675.0
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2442.0

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Basement
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, One Car Garage

Utilities

  • Heating: Other, See Remarks
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185910451524
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1832.0
  • Tax Book Number: 380/2086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Sep 24, 2012
Sold by
Fannie Mae
Bought by
Hudson Donica Perry and Hudson Todd Allen
Seller's Agent
Michael Eller
Mtn Prop. of the High Country
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$1,657,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,397,667
Avg. Annual Appreciation
15.37%
Original Mortgage
$200,000
Outstanding Balance
$138,624
Interest Rate
3.53%
Mortgage Type
New Conventional
Estimated Equity
$1,519,043
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hudson Donica Perry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Donica Perry $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2012 11/02/12 Sold $260,000 0.0% $106 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $260,000 -- $106 / 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 $4,160 $1,039,900 $100,000 $939,900
2023 $4,160 $1,039,900 $100,000 $939,900
2022 $4,160 $1,039,900 $100,000 $939,900
2021 $3,395 $617,300 $50,000 $567,300
2020 $3,395 $617,300 $50,000 $567,300
2019 $2,183 $396,900 $50,000 $346,900
2018 $2,183 $396,900 $50,000 $346,900
2017 $2,105 $382,800 $0 $0
2016 $1,712 $382,800 $0 $0
2015 $1,712 $382,800 $50,000 $332,800
2012 -- $448,200 $75,000 $373,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Eller

    Mtn Prop. of the High Country

    (828) 302-1262

    1 in this area

    25 Total Sales

    Michael Eller
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 174900

High Country Association of REALTORS®

APN: 1859-10-45-1524-00000

North Carolina Avery County Banner Elk 28604

501 Grey Fox Ridge Rd, Banner Elk, NC

This home is located at 501 Grey Fox Ridge Rd, Banner Elk, NC 28604 since 04 September 2012 and is currently estimated at $1,657,667, approximately $678 per square foot. This property was built in 2006. 501 Grey Fox Ridge Rd is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Avery County 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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