NOT LISTED FOR SALE

566 Grandfather Farms Rd Banner Elk, NC 28604

Estimated Value: $627,000 - $844,000

3 Beds
2.5 Baths
2,375 Sq Ft
$298/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $380,000 $160 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,935/month

125 Days on Market

Highlights

  • Waterfall on Lot
  • 1.41 Acre Lot
  • Contemporary Architecture
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Attic

About This Home

As of August 2017

TRANQUIL MTN HOME WITH WATERFALL feature and landscaped, rock terraced gardens in the shadow of GRANDFATHER MTN. The yr round porch is an amazing retreat- automatic retractable screens and glass inserts to experience nature all yr. Guests can flow onto the deck & extensively landscaped yard with waterfall and bridge to horseshoe field or nearby scenic trails on the old Tweetsie Railroad bed and natural waterfall. Fabulous home for entertaining with overflow parking on upper acreage. This 3BR/2.5BA home offers vaulted ceilings and large windows for enjoying the seasonal mtn views. Chefs kitchen has it all- Wolf, Bosch, Sub Zero appliances, Granite Farmhouse sink and tops, den and fireplace. A pantry and spacious laundry room with huge closet affords plenty of storage. Upstairs area has Master Suite with luxurious bathroom plus two guest bedrooms and bathroom. Other versatile rooms can be found in 2car garage w tongue-and-groove, vaulted ceiling, tile floor covered with rubber matting, so it could double as a game room with work space plus two extra storage areas. Full house generator included!

Last Agent to Sell the Property

Michele McCubbins

Howard Hanna Allen Tate Real Estate Blowing Rock Listed on: 03/08/2017

Howard Hanna Allen Tate Real Estate Blowing Rock

Last Buyer's Agent

Dusty Washburn

Howard Hanna Allen Tate Real Estate Blowing Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1994

Lot Details

  • 1.41 Acre Lot
  • Property fronts a private road
  • Zoning described as Deed Restrictions,Residential

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Shared Driveway

Property Views

  • Mountain
  • Seasonal

Home Design

  • Contemporary Architecture
  • Mountain Architecture
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2,375 Sq Ft Home
  • Propane Fireplace
  • Double Pane Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Waterfall on Lot

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • Grandfather Farms Subdivision

Listing and Financial Details

  • Tax Lot 37 & 38
  • Assessor Parcel Number 1878-02-3580-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,607

Year Built

Built in 1994

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.41
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Grandfather Farms
  • Above Grade Finished Sq Ft: 2375.0
  • Architectural Style: Contemporary, Mountain
  • Garage Yn: Yes
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Microwave Hood Fan, Microwave, Other, Refrigerator, See Remarks, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Pull Down Attic Stairs
  • Living Area: 2375.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Waterfall
  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Other, See Remarks
  • Patio And Porch Features: Covered, Multiple, Open, Other, See Remarks
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Paved, Shared Driveway

Utilities

  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 575.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878-02-3580-000
  • Zoning Description: Deed Restrictions,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1607.0
  • Tax Book Number: 1349/643
  • Tax Lot: 37 & 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2019
Sold by
Deal Randy S and Deal Lynn T
Bought by
Beason James Douglas and Beason Tara
Current Estimated Value
$708,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$339,738
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$368,901

Purchase Details

Listed on
Mar 8, 2017
Closed on
Aug 7, 2017
Sold by
Hall Hunnicutt Letha L
Bought by
Deal Lynn T and Deal Randy S
Seller's Agent
Michele McCubbins
Howard Hanna Allen Tate Real Estate Blowing Rock
Buyer's Agent
Dusty Washburn
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Hunnicultt Geradl W and Hunnicultt Gerad W
Bought by
Hallummicutt Letha L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beason James Douglas $400,000 None Available
Deal Lynn T $380,000 None Available
Hallummicutt Letha L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beason James Douglas $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $380,000 0.0% $160 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $380,000 -- $160 / 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 $1,821 $466,900 $40,600 $426,300
2023 $1,798 $466,900 $40,600 $426,300
2022 $1,798 $466,900 $40,600 $426,300
2021 $1,986 $420,700 $49,900 $370,800
2020 $1,986 $420,700 $49,900 $370,800
2019 $1,986 $420,700 $49,900 $370,800
2018 $1,775 $420,700 $49,900 $370,800
2017 $459 $420,700 $49,900 $370,800
2013 -- $362,900 $50,000 $312,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 39206951

High Country Association of REALTORS®

APN: 1878-02-3580-000