NOT LISTED FOR SALE

59 Valley View Banner Elk, NC 28604

Estimated Value: $427,000 - $509,000

2 Beds
2 Baths
1,055 Sq Ft
$448/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $450,000 $427 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,725/month

53 Days on Market

Highlights

  • Furnished
  • Cottage
  • Wood Siding
  • Banner Elk Elementary School Rated A-
  • Cooling Available
  • Heat Pump System

About This Home

As of June 2023

Escape to this serene, mountain getaway surrounded by a gorgeous landscaped exterior with mountain views in the distance and close by to the town of Banner Elk & Ski Resorts. A rustic, luxury single family home full of charm the moment you step inside with hardwood floors, an abundance of natural sunlight with soaring ceilings, and an open floor plan that is turn key ready! This furnished 2 bedroom, 2 bath home will sleep 6 offering a gas fireplace in the great room, a gourmet kitchen featuring state-of-the-art stainless steel appliances, a wine fridge, custom cabinets, and leathered granite counters. The primary suite & guest bedroom continue the cabin theme with wood detailing and an ensuite bathrooms. Dine indoors or under the stars on the wood deck with family and friends! Soak up the views from the porch each morning or from the spacious fenced in yard. Explore the mountain towns where you're 1.5 miles to local eateries, 4 miles to the Banner Elk Winery, with hiking trails and local fishing spots nearby! Enjoy access to the River Club & Club House across from Eagle's Nest. Live the mountain dream with opportunities to create this investment into a great vacation rental.

Last Agent to Sell the Property

Amanda Sorrow

Realty One Group Results-Banne Listed on: 04/28/2023

Realty One Group Results-Banne

Last Buyer's Agent

Susan Chaney

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 2018

Lot Details

  • 0.41 Acre Lot
  • Property fronts a private road

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,055 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Shared Septic
  • Sewer Applied For Permit

Community Details

  • Valley View Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 18490050249800000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,375

Year Built

Built in 2018

Lot Details

0.41 Acres

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Valley View
  • Above Grade Finished Sq Ft: 1055.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2018
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 278-7448
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Stone, Vented
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1055.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding, Wood Frame
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Shared Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 18490050249800000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1375.0
  • Tax Book Number: 503/168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 19, 2023
Sold by
Platek Zachary and Platek Lesley
Bought by
Capps Daniel W and Capps Michelle J
Seller's Agent
Amanda Sorrow
Realty One Group Results-Banne
Buyer's Agent
Susan Chaney
EXP Realty LLC
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Views
90
Current Estimated Value
$472,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,856
Avg. Annual Appreciation
1.82%
Original Mortgage
$337,500
Outstanding Balance
$326,949
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$145,907

Purchase Details

Closed on
Sep 21, 2018
Sold by
Adkins Mark R and Adkins William N
Bought by
Platek Zachary and Platek Lesley W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,170
Interest Rate
4.5%
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
Capps Daniel W $450,000 None Listed On Document
Platek Zachary $288,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capps Daniel W $337,500
Previous Owner Platek Zachary $274,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2023 06/21/23 Sold $450,000 -9.8% $427 / Sq Ft
05/15/2023 05/15/23 Price Changed $499,000 -5.0% $473 / Sq Ft
04/28/2023 04/28/23 For Sale $525,000 -- $498 / 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 $1,375 $343,800 $60,000 $283,800
2024 $1,375 $343,800 $60,000 $283,800
2023 $1,375 $343,800 $60,000 $283,800
2022 $1,375 $343,800 $60,000 $283,800
2021 $1,217 $221,300 $60,000 $161,300
2020 $1,217 $221,300 $60,000 $161,300
2019 $1,217 $221,300 $60,000 $161,300
2018 $330 $221,300 $60,000 $161,300
2017 $275 $206,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 243122

High Country Association of REALTORS®

APN: 18490050249800000

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