538 Parallel Rd Banner Elk, NC 28604
Estimated Value: $414,000 - $587,000
3
Beds
2
Baths
1,092
Sq Ft
$448/Sq Ft
Est. Value
About This Home
This home is located at 538 Parallel Rd, Banner Elk, NC 28604 and is currently estimated at $489,661, approximately $448 per square foot. 538 Parallel Rd is a home with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 9, 2011
Sold by
Mccauley Larry B and Mccauley Frances M
Bought by
Swinkola Jonathan M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$68,146
Interest Rate
4.54%
Mortgage Type
New Conventional
Estimated Equity
$421,515
Purchase Details
Closed on
Aug 31, 2006
Sold by
Whiteley Dimple D and Oliver Dimple D
Bought by
Mccauley Larry B and Mccauley Frances M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.58%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Swinkola Jonathan M | $170,000 | None Available | |
| Mccauley Larry B | $165,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Swinkola Jonathan M | $100,000 | |
| Previous Owner | Mccauley Larry B | $175,000 |
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 |
|---|---|---|---|---|
| 2025 | $889 | $211,000 | $10,700 | $200,300 |
| 2024 | $889 | $211,000 | $10,700 | $200,300 |
| 2023 | $889 | $219,800 | $19,500 | $200,300 |
| 2022 | $0 | $219,800 | $19,500 | $200,300 |
| 2021 | $918 | $164,500 | $15,000 | $149,500 |
| 2020 | $844 | $150,800 | $15,000 | $135,800 |
| 2019 | $844 | $150,800 | $15,000 | $135,800 |
| 2018 | $844 | $150,800 | $15,000 | $135,800 |
| 2017 | $849 | $151,300 | $0 | $0 |
| 2016 | $677 | $151,300 | $0 | $0 |
| 2015 | $677 | $151,300 | $13,500 | $134,500 |
| 2012 | -- | $162,800 | $15,000 | $147,800 |
Source: Public Records
Map
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