Seller's Agent in 2016
Lee Gillette
Berkshire Hathaway HomeServices Vincent Properties
(828) 719-8945
7 in this area
44 Total Sales
581 Farm Loop Rd Banner Elk, NC 28604
Estimated Value: $1,481,000 - $1,720,000
3
Beds
3.5
Baths
3,390
Sq Ft
$472/Sq Ft
Est. Value
Highlights
- Guest House
- Horse Facilities
- Gated Community
- Banner Elk Elementary School Rated A-
- Home fronts a pond
- Mountain View
About This Home
As of July 2016The Farm at Banner Elk is a premiere gated community with a unique topography that features rolling hillsides at the foot of majestic mountains giving way to meadows, pastures and ponds. The Farm's pastures, walking trails, outdoor pavilion and stocked trout ponds were carefully planned to create an environment that is unique in Southern mountain communities. Call office for gate code. LO does not hold earnest money deposit. LA must accompany showings. Fuel in tank does not convey. SubDivision:The Farm At Banner Elk
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Vincent Properties Listed on: 09/15/2015
Last Buyer's Agent
Berkshire Hathaway HomeServices Vincent Properties Listed on: 09/15/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,549
Year Built
- Built in 2006
Lot Details
- 0.81 Acre Lot
- Home fronts a pond
- Wooded Lot
- Zoning described as Deed Restrictions,Residential,Subdivision
HOA Fees
- $101 Monthly HOA Fees
Parking
- 2 Car Garage
- Oversized Parking
- Driveway
Property Views
- Mountain
- Seasonal
Home Design
- Mountain Architecture
- Slate Roof
- Wood Siding
- Stone
Interior Spaces
- 3,390 Sq Ft Home
- 3 Fireplaces
- Wood Burning Fireplace
- Free Standing Fireplace
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Double Pane Windows
Kitchen
- Built-In Oven
- Gas Range
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Crawl Space
Schools
- Banner Elk Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Radiant Heating System
- Private Water Source
- Well
- Gas Water Heater
- Private Sewer
- High Speed Internet
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Guest House
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 1858-07-58-3750-00000
Community Details
Overview
- The Farm At Banner Elk Subdivision
Recreation
- Horse Facilities
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 4, 2018
Sold by
Walters S Mitchell and Walters Danca T
Bought by
Walters S Mitchell and S Mitchell Walters Living Trus
Current Estimated Value
Purchase Details
Listed on
Sep 15, 2015
Closed on
Jul 19, 2016
Sold by
Gillingham Thomas S and Gillingham Darlene D
Bought by
Walters S Mitchell and Walters Danea T
Seller's Agent
Lee Gillette
Berkshire Hathaway HomeServices Vincent Properties
Buyer's Agent
Lee Gillette
Berkshire Hathaway HomeServices Vincent Properties
List Price
$965,500
Sold Price
$965,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Purchase Details
Closed on
Aug 25, 2008
Sold by
Elliott Michael S
Bought by
Elliott Michael S and Michael S Elliott Living Trust
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 |
|---|---|---|---|
| Walters S Mitchell | -- | None Available | |
| Walters S Mitchell | $965,500 | None Available | |
| Elliott Michael S | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2016 07/29/16 | Sold | $965,500 | 0.0% | $285 / Sq Ft | |
| 06/29/2016 06/29/16 | Pending | -- | -- | -- | |
| 09/15/2015 09/15/15 | For Sale | $965,500 | +3.0% | $285 / Sq Ft | |
| 03/04/2015 03/04/15 | Sold | $937,500 | 0.0% | $277 / Sq Ft | View Prior Sale |
| 02/02/2015 02/02/15 | Pending | -- | -- | -- | |
| 11/30/2014 11/30/14 | For Sale | $937,500 | -1.3% | $277 / Sq Ft | |
| 06/16/2014 06/16/14 | Sold | $950,000 | 0.0% | $276 / Sq Ft | View Prior Sale |
| 05/17/2014 05/17/14 | Pending | -- | -- | -- | |
| 04/01/2014 04/01/14 | For Sale | $950,000 | -- | $276 / 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 | $4,549 | $1,137,200 | $150,000 | $987,200 |
| 2023 | $4,549 | $1,137,200 | $150,000 | $987,200 |
| 2022 | $4,549 | $1,137,200 | $150,000 | $987,200 |
| 2021 | $5,287 | $961,300 | $185,000 | $776,300 |
| 2020 | $10,670 | $961,300 | $185,000 | $776,300 |
| 2019 | $10,670 | $961,300 | $185,000 | $776,300 |
| 2018 | $5,287 | $961,300 | $185,000 | $776,300 |
| 2017 | $8,985 | $795,100 | $0 | $0 |
| 2016 | $3,556 | $795,100 | $0 | $0 |
| 2015 | $3,556 | $795,100 | $82,500 | $712,600 |
| 2012 | -- | $1,065,000 | $165,000 | $900,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lee Gillette
-
Benjamin Ray
B
Seller's Agent in 2015
Benjamin Ray
Client First Of The High Country
(704) 287-2760
16 in this area
136 Total Sales
-
Michael Parkinson
Seller's Agent in 2014
Michael Parkinson
Keller Williams High Country
(704) 892-5518
4 in this area
28 Total Sales
-
P
Seller Co-Listing Agent in 2014
Pam Pizza
Don't Use****Keller Williams HIGH Country
Map
Source: High Country Association of REALTORS®
MLS Number: 194145
APN: 1858-07-58-3750-00000
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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