Seller's Agent in 2022
Mary Adams
Premier Sotheby's Int'l Realty
(828) 719-0737
2 in this area
25 Total Sales
575 Grandfather Farms Rd Banner Elk, NC 28604
Estimated Value: $988,000 - $1,084,000
3
Beds
3
Baths
2,933
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Spa
- Vaulted Ceiling
- Valle Crucis Elementary School Rated A-
- Mountain View
- Radiant Floor
About This Home
As of May 2022Beautiful log home with mountain views in an ideal location only minutes from Boone, Banner Elk, Linville, Valle Crucis and Blowing Rock. Enter via the covered front porch. The main level features a great room with stacked-stone floor-to-ceiling fireplace with gas logs, vaulted ceiling, exposed beams, wood floors, designer kitchen with eat-in bar and separate dining area. A stoned-floor mudroom connects the main level to a spacious 2-car garage with pull-down storage. A full bath with stone-faced shower and spacious main-level bedroom open onto a screened-in porch. Upstairs, in addition to a large loft overlooking the great room, is a bedroom and full bath. The finished basement boasts 11-ft ceilings, bedroom, full bath, laundry/mechanical room, bunk room and game room that opens to the deck with hot tub. A charming efficiency apartment with separate entrance, fireplace with gas logs, mini-split heat/AC, kitchen and bath is located at the rear entrance. Multiple decks for outdoor entertaining and relaxation, front and rear driveways, central AC, security system and central vac system are among the many luxury features offered. Lovingly maintained and ready for you to enjoy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,101
Year Built
- Built in 2004
Lot Details
- 0.55 Acre Lot
- Property fronts a private road
- Zoning described as Deed Restrictions,Subdivision
HOA Fees
- $67 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Log Cabin
- Shingle Roof
- Asphalt Roof
- Log Siding
- Stone
Interior Spaces
- 2-Story Property
- Living Quarters
- Central Vacuum
- Vaulted Ceiling
- Gas Fireplace
- Radiant Floor
- Mountain Views
- Finished Basement
- Laundry in Basement
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- Second Kitchen
- Gas Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Covered Patio or Porch
Schools
- Valle Crucis Elementary School
- Watauga High School
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heating System Uses Propane
- Heating System Uses Wood
- Shared Well
Community Details
- Grandfather Farms Subdivision
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Tax Lot 35
- Assessor Parcel Number 1878026471000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2023
Sold by
Hora Kapil S and Hora Chandni
Bought by
Nc001 Grandfather Farms Road Llc
Current Estimated Value
Purchase Details
Listed on
Apr 8, 2022
Closed on
May 9, 2022
Sold by
Segraves Family Trust
Bought by
Dhanjal Chandni and Hora Kapil S
Seller's Agent
Mary Adams
Premier Sotheby's Int'l Realty
Buyer's Agent
Tyler Coon
EXP Realty LLC
List Price
$849,900
Sold Price
$970,000
Premium/Discount to List
$120,100
14.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$647,200
Interest Rate
5.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2020
Sold by
Segraves Archie Dale and Segraves Denise B
Bought by
Segraves Archie Dale and Segraves Denise Ball
Purchase Details
Listed on
Jun 10, 2011
Closed on
Oct 15, 2012
Sold by
Ayral Maureen S and Hutton Darla L
Bought by
Segraves Archie Dale and Segraves Denise B
Buyer's Agent
Robbie Sharrett
Lyons Construction And Realty, Inc.
List Price
$387,000
Sold Price
$387,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$240,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2006
Sold by
Lyash Tracy L and Tracy L Lyash Revocable Trust
Bought by
Ayral Maureen S and Hutton Darla L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2005
Sold by
Taylor Dave and Taylor Mary
Bought by
Lyash Tracy L and Tracy L Lyash Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,544
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nc001 Grandfather Farms Road Llc | -- | None Listed On Document | |
| Nc001 Grandfather Farms Road Llc | -- | None Listed On Document | |
| Dhanjal Chandni | $970,000 | Angle Robert B | |
| Segraves Archie Dale | -- | None Available | |
| Segraves Archie Dale | $387,000 | None Available | |
| Ayral Maureen S | $605,000 | None Available | |
| Lyash Tracy L | $372,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dhanjal Chandni | $647,200 | |
| Previous Owner | Segraves Archie Dale | $240,000 | |
| Previous Owner | Ayral Maureen S | $484,000 | |
| Previous Owner | Lyash Tracy L | $297,544 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $970,000 | +14.1% | $331 / Sq Ft | |
| 04/08/2022 04/08/22 | For Sale | $849,900 | +119.6% | $290 / Sq Ft | |
| 10/22/2012 10/22/12 | Sold | $387,000 | 0.0% | $119 / Sq Ft | View Prior Sale |
| 09/22/2012 09/22/12 | Pending | -- | -- | -- | |
| 06/10/2011 06/10/11 | For Sale | $387,000 | -- | $119 / 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 |
|---|---|---|---|---|
| 2024 | $1,904 | $598,800 | $21,200 | $577,600 |
| 2023 | $2,284 | $598,800 | $21,200 | $577,600 |
| 2022 | $2,284 | $598,800 | $21,200 | $577,600 |
| 2021 | $2,101 | $446,100 | $21,200 | $424,900 |
| 2020 | $2,101 | $446,100 | $21,200 | $424,900 |
| 2019 | $2,101 | $446,100 | $21,200 | $424,900 |
| 2018 | $1,799 | $426,600 | $21,200 | $405,400 |
| 2017 | $1,799 | $426,600 | $21,200 | $405,400 |
| 2013 | -- | $478,300 | $21,200 | $457,100 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Adams
-
Tyler Coon
Buyer's Agent in 2022
Tyler Coon
EXP Realty LLC
(828) 620-2541
16 in this area
309 Total Sales
-
Robbie Sharrett
R
Buyer's Agent in 2012
Robbie Sharrett
Lyons Construction And Realty, Inc.
(828) 773-2592
4 in this area
109 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 236597
APN: 1878-02-6471-000
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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