NOT LISTED FOR SALE

560 Eagles Nest Trail Banner Elk, NC 28604

Estimated Value: $2,712,000 - $3,750,000

4 Beds
5.5 Baths
6,175 Sq Ft
$489/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $2,000,000 $324 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $17,516/month

58 Days on Market

Highlights

  • Guest House
  • River Access
  • Home fronts a pond
  • Banner Elk Elementary School Rated A-
  • Spa
  • Gated Community

About This Home

As of November 2017

Mountain Luxury at its Finest - Homestead Lodge at Eagles Nest - 4 Master Suite Bedrooms, 2 Bunk Rooms, 6.5BA, Multi-mile Views, Hot Tub, Home Theater, Pool Table, Indoor & Outdoor Fireplaces. Spectacular luxury mountain home in the highly desirable Lodges at Eagles Nest. Custom built and designed masterpiece with true timber framing and exquisite attention to detail. Home features a multi level four car garage and apartment suite. This home has a solid proven rental history and truly is a must see.

Last Agent to Sell the Property

Erin Buchanan

Elevate Land & Realty Banner Elk Listed on: 09/02/2017

Co-Listed By

Jessica Arnold

Elevate Land & Realty Banner Elk

Last Buyer's Agent

Erin Buchanan

Elevate Land & Realty Banner Elk Listed on: 09/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,133

Year Built

  • Built in 2007

Lot Details

  • 3.05 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Southern Exposure
  • Wooded Lot
  • Zoning described as Residential,Subdivision

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Cedar
  • Stone

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Propane Fireplace
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Gas Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Spa
  • River Access
  • Stream or River on Lot
  • Wrap Around Porch

Additional Homes

  • Guest House

Schools

  • Avery Elementary School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Private Sewer
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 183900869311

Community Details

Overview

  • Eagles Nest Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,133

Year Built

Built in 2007

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.05
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3773
  • Co List Office Phone: (800) 770-9311
  • Subdivision Name: Eagles Nest
  • Above Grade Finished Sq Ft: 3900.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Freezer, Gas Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Finished, Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2275.0
  • Fireplace Features: Stone, Propane, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 6175.0
  • Stories: 3

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • View: Long Range, Southern Exposure
  • View: Yes
  • Waterfront Features: River Access, Pond
  • Home Warranty: No
  • Construction Type: Cedar, Frame, Log, Stone, Wood Siding
  • Exterior Features: Hot Tub/Spa, Gravel Driveway
  • Foundation Details: Basement
  • Other Structures: Guest House
  • Patio And Porch Features: Covered, Multiple, Wrap Around
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Garage, Gravel, Private, Three or more Spaces

Utilities

  • Cooling: 3+ Units, Zoned
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas, Propane, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 3960.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Avery

Lot Info

  • Parcel #: 183900869311
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 407/3181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2017
Closed on
Nov 30, 2017
Sold by
Cox Greg and Cox Dennise
Bought by
Bowland Todd and Bowland Kelly
Seller's Agent
Erin Buchanan
Elevate Land & Realty Banner Elk
Buyer's Agent
Erin Buchanan
Elevate Land & Realty Banner Elk
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$3,022,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,642
Avg. Annual Appreciation
5.46%
Original Mortgage
$1,500,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Eagles Nest
Bought by
Cox Greg and Cox Dennise
Source: Public Records

Range of Values:

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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
Bowland Todd $20,000,000 None Available
Cox Greg $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowland Todd $100,000
Open Todd Bowland $1,200,000
Closed Bowland Todd $1,500,000
Previous Owner Cox Greg $300,000
Previous Owner Cox Donald Gregory $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $2,000,000 0.0% $324 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $2,000,000 -- $324 / 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 $10,133 $2,345,400 $150,000 $2,195,400
2022 $10,133 $2,398,300 $150,000 $2,248,300
2021 $11,420 $1,967,300 $150,000 $1,817,300
2020 $11,420 $1,967,300 $150,000 $1,817,300
2019 $11,420 $1,967,300 $150,000 $1,817,300
2018 $11,420 $1,967,300 $150,000 $1,817,300
2017 $4,693 $853,300 $0 $0
2016 $3,816 $853,300 $0 $0
2015 $3,816 $853,300 $100,000 $753,300
2012 -- $1,749,800 $225,000 $1,524,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 203458

High Country Association of REALTORS®

APN: 1839-00-86-9311-00000