NOT LISTED FOR SALE

525 Fox Meadow Rd Banner Elk, NC 28604

Estimated Value: $903,236 - $1,191,000

3 Beds
3.5 Baths
2,632 Sq Ft
$394/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $540,000 $205 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,785/month

Highlights

  • Gated Community
  • 2.16 Acre Lot
  • Cathedral Ceiling
  • Banner Elk Elementary School Rated A-
  • Pasture Views
  • Mountain Architecture

About This Home

As of December 2019

RARE FIND! One level living with southern exposure and grandfather views. Three Bedrooms, three and a half bath with open floorplan, light and airy with beautiful mountain views. Living area includes vaulted ceilings, wood floors, stone gas fireplace, large kitchen and dining with granite counters, stainless appliances and pantry. Master suite has large bathroom with double vanities, walk in shower and garden tub. There is also a large walk-in closet and additional closet with separate linen storage There is a small multi use room off master. The two guest bedrooms also have vaulted ceilings with private baths and walk in closets. Above the attached garage is a large bonus room. The living area opens to large covered and uncovered outdoor living areas with just a few steps to the yard. The front entry has a stone walkway that leads to the large covered front porch. A level yard area surrounds the home with mature landscaping. Fox Meadow Farms is tucked away, just outside the village of Banner Elk, and has a collection of homes each with extraordinary long range views and southern exposure. Fox Meadow Farms is gated with underground utilities and paved roads.

Last Agent to Sell the Property

Susan Brown

Susan Brown Realty Listed on: 09/24/2019

Last Buyer's Agent

Susan Brown

Susan Brown Realty Listed on: 09/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,081

Year Built

  • Built in 2006

Lot Details

  • 2.16 Acre Lot
  • Property fronts a private road
  • Southern Exposure
  • Zoning described as Residential,Subdivision

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Pasture
  • Mountain

Home Design

  • Mountain Architecture
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Radon Mitigation System
  • Hardboard

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Hung Windows
  • Window Screens
  • Crawl Space
  • Permanent Attic Stairs

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-00-66-2107-00000

Community Details

Overview

  • Fox Meadow Farms Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,081

Year Built

Built in 2006

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.16
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Fox Meadow Farms
  • Above Grade Finished Sq Ft: 2632.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Cathedral Ceiling(s), Jetted Tub, Permanent Attic Stairs, Vaulted Ceiling(s), Window Treatments
  • Living Area: 2632.0
  • Stories: 2
  • Window Features: Double Hung, Screens, Window Treatments

Exterior Features

  • View: Long Range, Mountain(s), Pasture, Residential, Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Wood Frame
  • Patio And Porch Features: Multiple
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Asphalt, Attached, Driveway, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Security: Radon Mitigation System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 3 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Gated, Long Term Rental Allowed
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 1859-00-66-2107-00000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2081.0
  • Tax Book Number: 489/2041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Dst Of Polk County Llc
Bought by
Tart Charles Douglas and Tart Susan Waters
Current Estimated Value
$1,037,309

Purchase Details

Listed on
Sep 24, 2019
Closed on
Dec 3, 2019
Sold by
Proffitt Paul Q and Proffitt Freddie Kay
Bought by
Dst Of Polk County Llc
Seller's Agent
Susan Brown
Susan Brown Realty
Buyer's Agent
Susan Brown
Susan Brown Realty
List Price
$540,000
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
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
Tart Charles Douglas -- None Listed On Document
Dst Of Polk County Llc $540,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2019 12/06/19 Sold $540,000 0.0% $205 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $540,000 +42.1% $205 / Sq Ft
02/17/2015 02/17/15 Sold $380,000 0.0% $159 / Sq Ft View Prior Sale
01/18/2015 01/18/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $380,000 -- $159 / 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 $2,358 $589,500 $75,000 $514,500
2023 $2,292 $589,500 $75,000 $514,500
2022 $2,292 $572,900 $75,000 $497,900
2021 $2,081 $378,300 $70,000 $308,300
2020 $2,081 $378,300 $70,000 $308,300
2019 $2,081 $378,300 $70,000 $308,300
2018 $2,081 $378,300 $70,000 $308,300
2017 $2,053 $373,200 $0 $0
2016 $1,669 $373,200 $0 $0
2015 $1,669 $373,200 $70,000 $303,200
2012 -- $427,500 $90,000 $337,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 217992

High Country Association of REALTORS®

APN: 1859-00-66-2107-00000