NOT LISTED FOR SALE

5242 Hickory Nut Gap Rd Banner Elk, NC 28604

Estimated Value: $224,000 - $637,000

3 Beds
2 Baths
1,430 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $110,000 $77 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $2,034/month

Highlights

  • 2.69 Acre Lot
  • Seasonal View
  • Mountain Architecture
  • Banner Elk Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of April 2016

Convieniently located in the Banner Elk community, this nice home is just minutes from everything. It has never been on the market before. Perfect for a summer get away or for a first time home buyer! The 3/2 home sits on 2.69 acres and feels very private in it's mountain cove. Recent improvements include new windows and a new roof was installed about 10 years ago. There is a huge great room with a real stone wood burning fireplace. The kitchen joins the great room and is nice but needs to be updated. All of the doors in the homes are solid wood paneled. A large deck is on one side of the house and a storage building is at the rear. Priced to sell quick!

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 04/23/2015

Last Buyer's Agent

Marsha McManus

The Summit Group Of The Carolinas Listed on: 04/23/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $539

Year Built

  • Built in 1972

Lot Details

  • 2.69 Acre Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 1,430 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Seasonal Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Open Patio

Schools

  • Banner Elk Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 184701490896

Home Details

Home Type

Single Family

Est. Annual Taxes

$539

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.69
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1430.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Living Area: 1430.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Seasonal View
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Heating: Baseboard, Electric, Fireplace(s), Gas, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 184701490896
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 539.0
  • Tax Book Number: 210/1139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Noah Brian Michael and Noah Sandra F
Bought by
Meegan Nicholas Jay
Current Estimated Value
$372,457

Purchase Details

Listed on
Apr 23, 2015
Closed on
Apr 11, 2016
Sold by
Burchfield Johnsie B
Bought by
Noah Brian Michael and Meegan Nicholas Jay
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
Marsha McManus
The Summit Group Of The Carolinas
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Source: Public Records

Range of Values:

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Average Value
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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
Meegan Nicholas Jay -- None Listed On Document
Noah Brian Michael $110,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $110,000 0.0% $77 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
04/23/2015 04/23/15 For Sale $110,000 -- $77 / 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 $784 $195,900 $67,600 $128,300
2023 $784 $195,900 $67,600 $128,300
2022 $784 $195,900 $67,600 $128,300
2021 $776 $141,100 $50,600 $90,500
2020 $776 $141,100 $50,600 $90,500
2019 $596 $108,400 $50,600 $57,800
2018 $596 $108,400 $50,600 $57,800
2017 $590 $107,300 $0 $0
2016 $480 $107,300 $0 $0
2015 $480 $107,300 $44,900 $62,400
2012 -- $133,200 $50,600 $82,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 190954

High Country Association of REALTORS®

APN: 1847-01-49-0896-00000