NOT LISTED FOR SALE

531 Sleepy Hollow Ln Banner Elk, NC 28604

Estimated Value: $306,000 - $340,000

2 Beds
1 Bath
988 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $217,000 $220 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,854/month

33 Days on Market

Highlights

  • Fishing
  • Mountain View
  • Secondary Bathroom Jetted Tub
  • Valle Crucis Elementary School Rated A-
  • Stream or River on Lot
  • Cottage

About This Home

As of July 2021

Really cute and nicely renovated 2 bedrooms, 1 bath cottage in Sleepy Hollow. Six-month-old luxury vinyl plank flooring throughout excluding carpet in the master bedroom. Large, open living area with gas thermostatically-controlled fireplace. Hot water heater is high-efficiency electric with firebrick lining that retains its own heat. Large master bedroom with ensuite bath and a whirlpool tub/shower unit. There is a galley-style kitchen with a smaller second bedroom located beside it which opens to the side/backyard. A large covered deck extends off the living room and an open front porch from the parking area to the entrance welcomes you home. This house was renovated in ~2000 for the owners to enjoy their retirement. Really cute, nice layout, a larger yard, and a very short walk to Grandfather Vineyard or the creek in the community. New paint and other recent improvements such as the new vinyl ceiling on the covered porch are not shown in the pictures. In addition to POA fees, there is an ~$300 annual shared well fee. The current tenant will remain in the house until June 30th.

Last Agent to Sell the Property

Billie Rogers

Keller Williams High Country Listed on: 05/06/2021

Keller Williams High Country

Last Buyer's Agent

Harrison Herbst

Blowing Rock Properties, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1955

Lot Details

  • 0.75 Acre Lot
  • Property fronts a private road
  • Zoning described as Residential,Subdivision

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Hot Water Heating System
  • Shared Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878-75-2439-000

Community Details

Overview

  • Sleepy Hollow Subdivision

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 1955

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Sleepy Hollow
  • Above Grade Finished Sq Ft: 988.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Stone, Propane
  • Fireplace: Yes
  • Interior Amenities: Pull Down Attic Stairs, Jetted Tub
  • Living Area: 988.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Other, See Remarks, Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Gas, Hot Water, Wood
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Fishing, River, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878-75-2439-000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 548.4
  • Tax Book Number: 287/128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 5, 2021
Sold by
Shannon Catherine Ann and Shannon Samuel R
Bought by
Sendall Oliver James
Seller's Agent
Billie Rogers
Keller Williams High Country
Buyer's Agent
Harrison Herbst
Blowing Rock Properties, Inc
List Price
$217,000
Sold Price
$217,000
Current Estimated Value
$321,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,715
Avg. Annual Appreciation
10.94%
Original Mortgage
$166,000
Outstanding Balance
$152,242
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,590
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
Sendall Oliver James $217,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sendall Oliver James $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $217,000 0.0% $220 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $217,000 -- $220 / 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 $789 $186,400 $53,400 $133,000
2023 $766 $186,400 $53,400 $133,000
2022 $766 $186,400 $53,400 $133,000
2021 $548 $103,400 $18,400 $85,000
2020 $548 $103,400 $18,400 $85,000
2019 $548 $103,400 $18,400 $85,000
2018 $497 $103,400 $18,400 $85,000
2017 $497 $103,400 $18,400 $85,000
2013 -- $98,200 $18,400 $79,800
Source: Public Records

Agents Affiliated with this Home

  • Billie Rogers

    Seller's Agent in 2021

    Billie Rogers

    Keller Williams High Country

    (828) 964-0746

    9 in this area

    59 Total Sales

    Billie Rogers
    Section Image

  • H

    Buyer's Agent in 2021

    Harrison Herbst

    Blowing Rock Properties, Inc

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 228912

High Country Association of REALTORS®

APN: 1878-75-2439-000

North Carolina Watauga County Banner Elk 28604

531 Sleepy Hollow Ln, Banner Elk, NC

This home is located at 531 Sleepy Hollow Ln, Banner Elk, NC 28604 since 06 May 2021 and is currently estimated at $321,715, approximately $325 per square foot. This property was built in 1955. 531 Sleepy Hollow Ln is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga 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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