NOT LISTED FOR SALE

511 Indian Paint Brush Dr Banner Elk, NC 28604

Estimated Value: $692,000 - $801,115

3 Beds
3 Baths
1,818 Sq Ft
$411/Sq Ft Est. Value

About This Home

This home is located at 511 Indian Paint Brush Dr, Banner Elk, NC 28604 and is currently estimated at $747,779, approximately $411 per square foot. 511 Indian Paint Brush Dr is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Byers Robin Andrew and Byers Kimberly Paige
Bought by
Mcquellon Richard Patrick and Heffner Mcquellon Cynthia
Current Estimated Value
$747,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$363,045
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$384,734

Purchase Details

Closed on
Oct 18, 2019
Sold by
Lancaster Thomas M
Bought by
Byers Robin Andrew and Rost Kimberly Paige

Purchase Details

Closed on
Jun 20, 2014
Sold by
Echota Coalition Llc
Bought by
Lancaster Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2008
Sold by
Friar Jon Michael and Friar Kathryn Spearman
Bought by
Echota Coalition Llc
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mcquellon Richard Patrick $715,000 None Listed On Document
Byers Robin Andrew $410,000 None Available
Lancaster Thomas M $382,000 None Available
Echota Coalition Llc $380,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcquellon Richard Patrick $375,000
Previous Owner Lancaster Thomas M $142,000
Source: Public Records

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 $2,174 $562,900 $75,000 $487,900
2023 $2,151 $562,900 $75,000 $487,900
2022 $2,151 $562,900 $75,000 $487,900
2021 $1,516 $317,000 $75,000 $242,000
2020 $1,516 $317,000 $75,000 $242,000
2019 $1,516 $317,000 $75,000 $242,000
2018 $1,358 $317,000 $75,000 $242,000
2017 $1,358 $317,000 $75,000 $242,000
2013 -- $316,300 $75,000 $241,300
Source: Public Records

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