NOT LISTED FOR SALE

57 Valley View Dr Banner Elk, NC 28604

Estimated Value: $484,597 - $661,000

2 Beds
2 Baths
954 Sq Ft
$574/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $335,000 $351 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,126/month

234 Days on Market

Highlights

  • Craftsman Architecture
  • Partially Wooded Lot
  • Cooling Available
  • Banner Elk Elementary School Rated A-
  • Outdoor Fireplace
  • Forced Air Heating System

About This Home

As of September 2020

New construction, craftsman style home in great location for proximity to downtown Banner Elk and Ski resorts. HOA membership includes access to The River Club (Eagles Nest Club across from entrance to Eagles Nest) for a one time fee of $600 and then a yearly fee of $200. New to vacation rental plan and is doing very well. This home is being sold furnished so a quick return on investment can be accomplished. No need to furnish and continuation of vacation rental program is in place.

Last Agent to Sell the Property

Scott Gordon

High Country Real Estate & Development Listed on: 01/08/2020

Last Buyer's Agent

Scott Gordon

High Country Real Estate & Development Listed on: 01/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 2017

Lot Details

  • 0.35 Acre Lot
  • Property fronts a private road
  • Partially Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Stone Veneer
  • Masonry
  • Stone

Interior Spaces

  • 954 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Built-In Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Fireplace

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • Valley View Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Tax Lot 1
  • Assessor Parcel Number 1849-00-50-2276-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,203

Year Built

Built in 2017

Lot Details

0.35 Acres

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Valley View
  • Above Grade Finished Sq Ft: 954.0
  • Architectural Style: Craftsman
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2017
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Built-In Oven, Convection Oven, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Stone, Outside, Propane
  • Fireplace: Yes
  • Living Area: 954.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Frame, Masonry, Stone, Stone Veneer
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available, Water Available
  • Water Source: Community/Coop, Shared Well

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association Fee: 450.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1849-00-50-2276-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1203.0
  • Tax Book Number: 526/2374
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Sep 14, 2020
Sold by
Howell Kenneth F and Howell Deborah S
Bought by
Schlub Adam J
Seller's Agent
Scott Gordon
High Country Real Estate & Development
Buyer's Agent
Scott Gordon
High Country Real Estate & Development
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$547,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,899
Avg. Annual Appreciation
9.41%
Original Mortgage
$268,000
Outstanding Balance
$235,661
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$312,238

Purchase Details

Closed on
Dec 7, 2018
Sold by
Adkins Mark R
Bought by
Howell Kenneth F and Howell Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schlub Adam J $670 None Listed On Document
Schlub Adam J $670 None Listed On Document
Howell Kenneth F $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlub Adam J $268,000
Previous Owner Howell Kenneth F $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $335,000 0.0% $351 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $335,000 -- $351 / Sq Ft
Source: High Country Association of REALTORS®

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 $1,503 $357,500 $60,000 $297,500
2024 $1,503 $357,500 $60,000 $297,500
2023 $1,421 $337,000 $60,000 $277,000
2022 $1,421 $337,000 $60,000 $277,000
2021 $1,203 $218,800 $60,000 $158,800
2020 $1,203 $218,800 $60,000 $158,800
2019 $1,203 $218,800 $60,000 $158,800
2018 $1,203 $218,800 $60,000 $158,800
2017 $275 $366,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 219486

High Country Association of REALTORS®

APN: 18490050227600000

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