611 Clarks Creek Rd Banner Elk, NC 28604
Estimated Value: $917,000 - $1,789,756
2
Beds
3
Baths
3,162
Sq Ft
$430/Sq Ft
Est. Value
Highlights
- Second Kitchen
- 3.15 Acre Lot
- Vaulted Ceiling
- Valle Crucis Elementary School Rated A-
- Mountain View
- No HOA
About This Home
As of January 2022FIRST TIME ON THE MARKET! Peace of Heaven Log Cabin! Enjoy all of the seasons of an unbelievable Grandfather Mountain view! This beautiful, custom log cabin is ready for your family to enjoy or to use as an investment property. This amazing property sits on 3.15 acres & provides lots of privacy. Stainless steel appliances. Updated bathrooms. Loft with sleeping area. Separate entrance and deck for lower accommodation. Both levels connected inside w/staircase, so a new homeowner could turn this into one big, awesome rental. Take a look at the NET/PROFIT rental numbers (even w/covid restrictions!): 2019: $38,499.30 with 257 nights booked; 2020: $35,343.26 with 221 nights booked; 2021: $35,202.75 with 260 nights booked. Blue Ridge Mountain Rentals has advised us that with the addition of a hot tub, gaming table, and upgraded tvs, the rental income should be $65,000-$80,000 per year for the entire house. Located between Boone/Blowing Rock & Ski Areas. Sleeps 10. Property is listed on Airbnb and VRBO, with excellent reviews! Furnishings negotiable.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,870
Year Built
- Built in 2009
Lot Details
- 3.15
Home Design
- Log Cabin
- Metal Roof
- Log Siding
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Propane Fireplace
- Window Treatments
- Mountain Views
- Finished Basement
- Laundry in Basement
Kitchen
- Second Kitchen
- Built-In Oven
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Private Parking
- Gravel Driveway
Schools
- Valle Crucis Elementary School
- Watauga High School
Utilities
- Central Air
- Heat Pump System
- Private Water Source
- Well
Additional Features
- Covered patio or porch
- 3.15 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1889-20-3687-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2021
Closed on
Jan 20, 2022
Sold by
Jeffcoat York Barbara Meade
Bought by
Lykins Erin
Seller's Agent
Irene Sawyer
Keller Williams High Country
Buyer's Agent
Irene Sawyer
Keller Williams High Country
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,561
Avg. Annual Appreciation
5.51%
Similar Homes in Banner Elk, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lykins Erin | $1,400,000 | Moffatt & Moffatt Pllc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | York Barbara J | $153,000 | |
| Previous Owner | York Barbara J | $152,000 | |
| Previous Owner | York Barbara J | $143,700 | |
| Previous Owner | York Barbara | $135,000 | |
| Previous Owner | York Barbara Jeffcoat | $70,000 | |
| Previous Owner | York Barbara Jeffcoat | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2022 01/31/22 | Sold | $1,400,000 | 0.0% | $443 / Sq Ft |
| 01/01/2022 01/01/22 | Pending | -- | -- | -- |
| 12/02/2021 12/02/21 | For Sale | $1,400,000 | -- | $443 / 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 | $2,487 | $647,900 | $94,900 | $553,000 |
| 2023 | $2,464 | $647,900 | $94,900 | $553,000 |
| 2022 | $2,464 | $647,900 | $94,900 | $553,000 |
| 2021 | $1,870 | $395,200 | $44,200 | $351,000 |
| 2020 | $1,870 | $395,200 | $44,200 | $351,000 |
| 2019 | $1,870 | $395,200 | $44,200 | $351,000 |
| 2018 | $1,673 | $395,200 | $44,200 | $351,000 |
| 2017 | $1,673 | $395,200 | $44,200 | $351,000 |
| 2013 | -- | $382,400 | $44,200 | $338,200 |
Source: Public Records
Agents Affiliated with this Home
-
Irene Sawyer
Seller's Agent in 2022
Irene Sawyer
Keller Williams High Country
(614) 928-6544
10 in this area
106 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 234713
APN: 1889-20-3687-000
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.
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