NOT LISTED FOR SALE

610 Rocky Rd Banner Elk, NC 28604

Estimated Value: $1,679,000 - $3,150,000

6 Beds
7 Baths
5,753 Sq Ft
$462/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $2,050,000 $356 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $14,785/month

Highlights

  • Gated Community
  • 3.36 Acre Lot
  • Mountain Architecture
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Attic

About This Home

As of November 2020

The ultimate mountain home for your family and guests, designed by a renowned area architect for the understated yet elegant living both indoors and out, offering mesmerizing, panoramic, long-range views with the most stunning of sunsets. The home was decorated by an interior decorator and is offered fully furnished (with some personal exceptions).There are 5 fireplaces, a combination of wood burning and gas and a fire-pit. Situated on 1.6 acres, and an additional lot of 1.76 acres is included in the sale to create 3+park like acres. At an elevation of 4700 feet within the laid-back, gated community of Rocky Knob, the home offers the privacy, tranquility that you escape to the mountains to enjoy; yet only 5 miles from all the conveniences & charm of the Town of Banner Elk. As 'a picture says a thousand words', please scroll through the following pages ENJOY! (MLS room count reached its max and the following rooms are not in the list: Office/second floor/carpet; Steam Room/lower level/slate tile; Loft/wood floor; AV room/wood floor. Additional appliances: 2 wine coolers, 1 Marvel Beer refrigerator dispenser and naturally a whole house generator). Home offered furnished w exceptions.

Last Agent to Sell the Property

Shanaaz Eisenberg

Elite Mountain & Triangle Properties-Mountains Listed on: 09/22/2020

Last Buyer's Agent

Shanaaz Eisenberg

Elite Mountain & Triangle Properties-Mountains Listed on: 09/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 2007

Lot Details

  • 3.36 Acre Lot
  • Property fronts a private road
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $171 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway

Home Design

  • Mountain Architecture
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Log Siding
  • Cedar
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Casement Windows
  • Window Screens
  • Mountain Views
  • Attic

Kitchen

  • Double Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Open Patio
  • Fire Pit
  • Outdoor Grill
  • Porch

Schools

  • Banner Elk Elementary School
  • Watauga High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1960052018000

Community Details

Overview

  • Rocky Knob Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,500

Year Built

Built in 2007

Lot Details

0

HOA Fees

$171 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.36
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Rocky Knob
  • Above Grade Finished Sq Ft: 3840.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Range, Gas Water Heater, Microwave, Other, Refrigerator, See Remarks, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1913.0
  • Fireplace Features: Other, See Remarks, Stone, Wood Burning, Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Attic, Wet Bar, Window Treatments
  • Living Area: 5753.0
  • Stories: 2
  • Window Features: Casement Window(s), Double Hung, Double Pane Windows, Screens, Storm Window(s), Window Treatments

Exterior Features

  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Frame, Log, Stone, Wood Siding
  • Exterior Features: Fire Pit, Outdoor Grill
  • Foundation Details: Basement
  • Patio And Porch Features: Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway, Detached, Garage, Two Car Garage, Oversized

Utilities

  • Laundry Features: Main Level
  • Security: Security System, Closed Circuit Camera(s)
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 2050.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Watauga

Lot Info

  • Parcel #: 1960052018000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5500.0
  • Tax Book Number: 1580/695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 13, 2020
Sold by
Whittaker Emily Dole and Emily Dole Whittaker Living Tr
Bought by
Coulter Jeffrey M and Coulter Ellen D
Seller's Agent
Shanaaz Eisenberg
Elite Mountain & Triangle Properties-Mountains
Buyer's Agent
Shanaaz Eisenberg
Elite Mountain & Triangle Properties-Mountains
List Price
$2,050,000
Sold Price
$2,050,000
Current Estimated Value
$2,658,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,352
Avg. Annual Appreciation
3.14%
Original Mortgage
$2,000,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2018
Closed on
Dec 13, 2019
Sold by
Whittaker Emily Dole
Bought by
Whittaker Emily Doe and Emily Dole Whittaker Living Tr
Seller's Agent
Shanaaz Eisenberg
Elite Mountain & Triangle Properties
Buyer's Agent
Tracy McGlohon
Buffalo Junction Properties
List Price
$1,680,000
Sold Price
$1,725,000
Premium/Discount to List
$45,000
2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.05%
Original Mortgage
$1,176,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2018
Closed on
Oct 28, 2019
Sold by
Bynum Michael H and Michael H Bynum Family Trust
Bought by
Whittaker Emily Dole
Seller's Agent
Shanaaz Eisenberg
Elite Mountain & Triangle Properties
Buyer's Agent
Tracy McGlohon
Buffalo Junction Properties
List Price
$1,680,000
Sold Price
$1,725,000
Premium/Discount to List
$45,000
2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,176,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Bynum Michael H and Bynum Karen H
Bought by
Bynum Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
1.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 2, 2009
Sold by
Sparling George and Sparling Lucy
Bought by
Bynum Michael H and Bynum Karen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,130,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2005
Sold by
Ingalls Robert W and Ingalls Barbara K
Bought by
Sparling George and Sparling Lucy
Source: Public Records

Range of Values:

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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
Coulter Jeffrey M $2,050,000 None Available
Whittaker Emily Doe -- None Available
Whittaker Emily Dole $1,680,000 None Available
Bynum Michael H -- None Available
Bynum Michael H $1,615,000 --
Sparling George $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coulter Jeffrey M $1,680,000
Closed Coulter Jeffrey M $2,000,000
Previous Owner Whittaker Emily Dole $1,176,000
Previous Owner Bynum Michael H $1,120,000
Previous Owner Bynum Michael H $1,130,000
Previous Owner Sparling George H $100,000
Previous Owner Sparling George $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $2,050,000 0.0% $356 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $2,050,000 +18.8% $356 / Sq Ft
11/01/2019 11/01/19 Sold $1,725,000 +2.7% $300 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/06/2019 10/06/19 For Sale $1,680,000 0.0% $292 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
09/06/2019 09/06/19 Price Changed $1,680,000 -8.7% $292 / Sq Ft
04/01/2019 04/01/19 Price Changed $1,840,000 -6.8% $320 / Sq Ft
01/01/2019 01/01/19 Price Changed $1,975,000 0.0% $343 / Sq Ft
01/01/2019 01/01/19 For Sale $1,975,000 +14.5% $343 / Sq Ft
10/30/2018 10/30/18 Off Market $1,725,000 -- --
04/09/2018 04/09/18 For Sale $2,275,000 -- $395 / Sq Ft
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $5,417 $1,444,100 $156,800 $1,287,300
2023 $5,394 $1,444,100 $156,800 $1,287,300
2022 $5,394 $1,444,100 $156,800 $1,287,300
2021 $5,500 $1,196,500 $85,500 $1,111,000
2020 $5,500 $1,196,500 $85,500 $1,111,000
2019 $5,500 $1,196,500 $85,500 $1,111,000
2018 $4,902 $1,196,500 $85,500 $1,111,000
2017 $4,902 $1,196,500 $85,500 $1,111,000
2013 -- $97,433 $85,600 $11,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 224843

High Country Association of REALTORS®

APN: 1960-05-2018-000