NOT LISTED FOR SALE

550 Lois Ln Banner Elk, NC 28604

Estimated Value: $386,000 - $775,000

2 Beds
2 Baths
1,375 Sq Ft
$423/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $319,000 $232 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,213/month

Highlights

  • Contemporary Architecture
  • Seasonal View
  • Double Pane Windows
  • Valle Crucis Elementary School Rated A-
  • Wooded Lot
  • Open Patio

About This Home

As of April 2016

Agents: Your client is either going to hate it...or LOVE IT. Location is awesome and only a short distance from Hwy. 105 South in Valle Crucis. The home was very hard to price but I had to take into consideration the incredible and massive improvements that were put into this home. As you drive up , it is unassuming. AS YOU WALK THROUGH THE LOWER GREEN DOOR YOU ARE WONDERING...but ... AS YOU ASCEND THE STEPS TO THE MAIN LEVEL ..."YOU GET IT". Please note: THE OWNER WILL ENTERTAIN OFFERS. ROCK REAL ESTATE GROUP DOES NOT HOLD EARNEST MONEY. Buyer's agent to verify sq. ft.

Last Agent to Sell the Property

Alan Gordon

ROCK Real Estate Group Listed on: 12/13/2015

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $950

Year Built

  • Built in 1988

Lot Details

  • 0.59 Acre Lot
  • Home fronts a stream
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • Double Pane Windows
  • Seasonal Views

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Open Patio

Schools

  • Valle Crucis Elementary School

Utilities

  • Heat Pump System
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1980-82-0298-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$950

Year Built

Built in 1988

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 1375.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1375.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Seasonal View
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Open
  • Roof: Other, See Remarks

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1980-82-0298-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 950.0
  • Tax Book Number: Bk 1360 / Pg430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2015
Closed on
Apr 22, 2016
Sold by
Karns Catherine
Bought by
Wujek John A and Wujek Joy L
Seller's Agent
Alan Gordon
ROCK Real Estate Group
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$580,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,997
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Mar 17, 2008
Sold by
Kams Caherine
Bought by
Kams Cathenne
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
Wujek John A $319,000 None Available
Kams Cathenne -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $319,000 0.0% $232 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
12/13/2015 12/13/15 For Sale $319,000 -- $232 / 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 $1,494 $377,900 $29,600 $348,300
2023 $1,471 $377,900 $29,600 $348,300
2022 $1,471 $377,900 $29,600 $348,300
2021 $0 $199,400 $29,600 $169,800
2020 $983 $199,400 $29,600 $169,800
2019 $983 $199,400 $29,600 $169,800
2018 $884 $199,400 $29,600 $169,800
2017 $884 $199,400 $29,600 $169,800
2013 -- $196,000 $29,600 $166,400
Source: Public Records

Agents Affiliated with this Home

  • Alan Gordon

    Seller's Agent in 2016

    Alan Gordon

    ROCK Real Estate Group

    (828) 355-9762

    4 in this area

    13 Total Sales

    Alan Gordon
    Section Image

  • N

    Buyer's Agent in 2016

    NONMLS MEMBER

    NONMLS

    163 in this area

    2,432 Total Sales

    NONMLS MEMBER
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 195260

High Country Association of REALTORS®

APN: 1980-82-0298-000

North Carolina Watauga County Banner Elk 28604

550 Lois Ln, Banner Elk, NC

This home is located at 550 Lois Ln, Banner Elk, NC 28604 since 13 December 2015 and is currently estimated at $580,997, approximately $422 per square foot. This property was built in 1988. 550 Lois 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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