NOT LISTED FOR SALE

531 Wiedemanns Rd Banner Elk, NC 28604

Estimated Value: $494,000 - $590,000

2 Beds
1.5 Baths
1,154 Sq Ft
$469/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $175,000 $152 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,992/month

78 Days on Market

Highlights

  • 12.29 Acre Lot
  • Mountain View
  • Double Pane Windows
  • Watauga High School Rated A-
  • Log Cabin
  • Heating System Uses Propane

About This Home

As of June 2015

If you are looking for privacy and beautiful setting at an affordable price then this is it. You can hear Beech Creek below with lots of fishing just waiting for you. This cozy little get away is priced to sale. This has 2 nice out building for tractors, 4 wheelers, or mowers. And the rock out croppings on this property are unbelievable. This is a must see for those that want to get back to nature. The wrap around deck asked you to come sit a spell and listen to the bold waters of Beeck Creek roll on down to Watauga Lake which is just a short drive on down the road. This want last long at this price so make you appointment and come look at this one.

Last Agent to Sell the Property

Allen Yates

Allen Yates Realty License #303442 Listed on: 03/17/2015

Last Buyer's Agent

Allen Yates

Allen Yates Realty License #303442 Listed on: 03/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1997

Lot Details

  • 12.29 Acre Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Log Cabin
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,154 Sq Ft Home
  • Double Pane Windows
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 195106881900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,301

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: From Boone take hwy 421 toward TN then Lt on Hwy 321 for 10 miles,at the Avery co line turn Lt on Buckeye Road for 1.5 miles.Then Lt on Kellersville rd.After crossing bridge take a Rt on Perry Presnell rd,go .8 of a mile then bear Lt. on the gravel for .5 mile then rt. on Weidemanns Rd house on Lt.
  • Prop. Type: Residential
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 12.29
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Out Of Area
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Out Of Area
  • General Property Description Lot Dimensions: 12.29
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1154.0
  • General Property Description Above Grade SqFt: 1154.0
  • General Property Description Parcel ID2: 195106881900
  • Roof Shingle: Yes
  • View Mountain(s): Yes
  • Property Condition Average: Yes
  • Heating Propane3: Yes
  • Style Log3: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • View: Mountain(s)
  • Acres: 12.29
  • Home Warranty: No
  • Construction Type: Log
  • Window Features:Double Pane Windows: Yes
  • Exterior Finish Log2: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Propane
  • Sewer: Septic Tank
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Out Of Area
  • High School: Out Of Area
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 12.29
  • Lot Size Sq Ft: 535352.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 195106881900
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2015
Closed on
Jun 5, 2015
Sold by
Hinrichs Kurt W and Hinrichs Tambra L
Bought by
Godwin Martha N
Seller's Agent
Allen Yates
Allen Yates Realty
Buyer's Agent
Allen Yates
Allen Yates Realty
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$541,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,761
Avg. Annual Appreciation
11.56%
Original Mortgage
$140,000
Outstanding Balance
$108,511
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$433,250

Purchase Details

Listed on
Apr 12, 2012
Closed on
Oct 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hinrichs Tambra Lynn and Hinrichs Kurt Walter
Seller's Agent
Jason Eldreth
A PLUS Realty
Buyer's Agent
Allen Yates
Allen Yates Realty
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.81%

Purchase Details

Closed on
Nov 28, 2011
Sold by
Mcnicholas Terry L and Mcnicholas Doreen K
Bought by
Federal Home Loan Mortgage Corporation
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
Godwin Martha N $175,000 Attorney
Hinrichs Tambra Lynn -- None Available
Federal Home Loan Mortgage Corporation $164,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godwin Martha N $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2015 06/08/15 Sold $175,000 -2.7% $152 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $179,900 +79.9% $156 / Sq Ft
10/26/2012 10/26/12 Sold $100,000 0.0% $82 / Sq Ft View Prior Sale
09/26/2012 09/26/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $100,000 -- $82 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $1,301 $325,700 $58,300 $267,400
2023 $1,279 $325,700 $58,300 $267,400
2022 $1,279 $325,700 $58,300 $267,400
2021 $1,113 $228,000 $54,500 $173,500
2020 $1,113 $228,000 $54,500 $173,500
2019 $1,113 $228,000 $54,500 $173,500
2018 $999 $228,000 $54,500 $173,500
2017 $999 $228,000 $54,500 $173,500
2013 -- $220,200 $54,500 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 359580

Tennessee/Virginia Regional MLS

APN: 1951-06-8819-000