L
Seller's Agent in 2022
Lauren Packard
Keller Williams High Country
(916) 203-8879
5 in this area
49 Total Sales
57 Tamarack Ln Banner Elk, NC 28604
Estimated Value: $236,000 - $693,452
2
Beds
2
Baths
1,276
Sq Ft
$413/Sq Ft
Est. Value
Highlights
- Spa
- River View
- Furnished
- Banner Elk Elementary School Rated A-
- Mountain Architecture
- No HOA
About This Home
As of July 2022Located just 1 mile to Sugar mountain and 2 miles to downtown Banner Elk, this idyllic log cabin originally built in the 1800's overlooking the Elk River is everything you think of when you dream of a log cabin in the mountains. This home has been lovingly and painstakingly improved by the current owners. From plumbing to electrical to the incredible aesthetic , this cabin has been updated to provide the ultimate high country vacation for those that visit. The custom kitchen cabinets are made from wormy chestnut that was recycled from the cabins original walls. All custom stone in the downstairs bathroom ,hand carved rock sink, as well as bunkbeds made from recycled wood. You can hear the rushing river from your back porch and look down upon it as you soak in the brand new hot tub. All high end furnishings included. 100% turn key and ready to go lucrative business with only 5 star ratings on airbnb. Rental History available. Absolutely NO drive bys please. Showings available 6/12 after 2 PM until 6/19.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $217
Year Built
- Built in 1884
Lot Details
- 0.5 Acre Lot
- Property fronts a private road
Parking
- No Garage
Home Design
- Mountain Architecture
- Log Cabin
- Shake Roof
- Wood Roof
- Log Siding
Interior Spaces
- 1,276 Sq Ft Home
- 2-Story Property
- Furnished
- Wood Burning Fireplace
- Stone Fireplace
- River Views
- Crawl Space
- Electric Cooktop
- Laundry on upper level
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Pool
- Spa
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- No Cooling
- Heating System Uses Kerosene
- Baseboard Heating
- Shared Well
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1858-20-71-6069-00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 14, 2023
Sold by
Quance James
Bought by
57 Tamarack Llc
Current Estimated Value
Purchase Details
Listed on
Jun 11, 2022
Closed on
Jul 14, 2022
Sold by
Elizabeth Bailey
Bought by
Quance James
Seller's Agent
Lauren Packard
Keller Williams High Country
Buyer's Agent
Lauren Packard
Keller Williams High Country
List Price
$615,000
Sold Price
$620,000
Premium/Discount to List
$5,000
0.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.21%
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 13, 2019
Closed on
Dec 13, 2019
Sold by
Commercial Retail Development Co Llc
Bought by
Bailey Elizabeth
Seller's Agent
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
Buyer's Agent
Janelle Jones
Braswell Realty, Inc.
List Price
$120,000
Sold Price
$120,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.99%
Original Mortgage
$134,850
Interest Rate
5.82%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 1, 2012
Sold by
Lifestore Bank
Bought by
Commercial Retail Development Company Ll
Purchase Details
Closed on
Nov 15, 2004
Sold by
Lebrun Sydney
Bought by
Regency Housing Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 57 Tamarack Llc | -- | None Listed On Document | |
| Quance James | $620,000 | Dustin N Stacy Pllc | |
| Bailey Elizabeth | $120,000 | None Available | |
| Commercial Retail Development Company Ll | $150,000 | None Available | |
| Commercial Retail Development Co Llc | $150,000 | None Available | |
| Regency Housing Llc | $200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Quance James | $500,000 | |
| Previous Owner | Bailey Elizabeth B | $139,300 | |
| Previous Owner | Bailey Elizabeth | $134,850 | |
| Previous Owner | Regency Housing Llc | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2022 07/18/22 | Sold | $620,000 | +0.8% | $486 / Sq Ft |
| 06/23/2022 06/23/22 | Pending | -- | -- | -- |
| 06/11/2022 06/11/22 | For Sale | $615,000 | +412.5% | $482 / Sq Ft |
| 12/20/2019 12/20/19 | Sold | $120,000 | 0.0% | $93 / Sq Ft |
| 11/20/2019 11/20/19 | Pending | -- | -- | -- |
| 09/13/2019 09/13/19 | For Sale | $120,000 | -- | $93 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $500 | $125,100 | $19,100 | $106,000 |
| 2022 | $0 | $125,100 | $19,100 | $106,000 |
| 2021 | $217 | $39,500 | $19,100 | $20,400 |
| 2020 | $217 | $39,500 | $19,100 | $20,400 |
| 2019 | $217 | $39,500 | $19,100 | $20,400 |
| 2018 | $217 | $39,500 | $19,100 | $20,400 |
| 2017 | $217 | $39,500 | $0 | $0 |
| 2016 | $177 | $39,500 | $0 | $0 |
| 2015 | $177 | $39,500 | $19,100 | $20,400 |
| 2012 | -- | $110,200 | $54,000 | $56,200 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Packard
-
Bobbie Jo Mccachren
Seller Co-Listing Agent in 2022
Bobbie Jo Mccachren
Keller Williams High Country
(828) 406-6067
21 in this area
123 Total Sales
-
Bill Aceto
Seller's Agent in 2019
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
(828) 355-3311
23 in this area
242 Total Sales
-
Janelle Jones
J
Buyer's Agent in 2019
Janelle Jones
Braswell Realty, Inc.
(423) 772-0100
8 in this area
134 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 238043
APN: 1858-20-71-6069-00000
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.
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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