NOT LISTED FOR SALE

622 Running Bear Cir Banner Elk, NC 28604

Estimated Value: $717,000 - $890,528

3 Beds
2.5 Baths
1,690 Sq Ft
$481/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $625,000 $370 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,532/month

Highlights

  • Mountain View
  • Mountain Architecture
  • 1 Car Attached Garage
  • Banner Elk Elementary School Rated A-
  • Covered Patio or Porch
  • Oversized Parking

About This Home

As of September 2021

Bear Run is centrally located in Banner Elk and this is your opportunity to own a newly constructed single family home on Running Bear Circle! Within the 1690 sq. ft. home you'll find 3 bedrooms, 2.5 baths, lots of storage and all of the extras expected today with quality new construction.The well thought out plan includes 9 ft. ceilings, solid wood doors, hardwood floors, custom cabinetry, quartz countertops, recessed lighting and gas instant hot water. The master is on the main level with the bath having heated tile floor, a tiled shower, soaking tub and his and hers counters.The kitchen, living room and dining are light and bright and opens up to a covered front and side porch. Sit and enjoy the view of the surrounding mountains and the sound of the small stream that borders the property! There is level entry from the oversized 1 car garage that has a 12 ft. insulated door. The exterior of the home features textured LP, stone and trex decking. The roof has a mixture of architectural shingles and a metal roof over the porch. Every detail has been tended to to make this a dream home with very low maintenance. Low POA fees and a city maintained roads are just an extra bonus!

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 08/18/2021

Co-Listed By

James Canterbury

The Summit Group Of The Carolinas

Last Buyer's Agent

Christopher Spangler

Howard Hanna Allen Tate Real Estate Blowing Rock

Howard Hanna Allen Tate Real Estate Blowing Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 2021

Lot Details

  • 0.25 Acre Lot
  • Home fronts a stream
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking

Home Design

  • Mountain Architecture
  • Cottage
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stone Veneer

Interior Spaces

  • 1,690 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Bear Run Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 42
  • Assessor Parcel Number 1858-10-45-4585-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 2021

Lot Details

0

HOA Fees

$11 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Co List Office Mls Id: 304
  • Co List Office Phone: (828) 898-3500
  • Subdivision Name: Bear Run
  • Above Grade Finished Sq Ft: 1690.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Stone, Vented, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1690.0
  • Stories: 2

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Frame, Other, Stone Veneer, See Remarks, Wood Siding
  • Patio And Porch Features: Covered, Multiple
  • Roof: Architectural, Metal, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, One Car Garage, Oversized

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 136.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 1858-10-45-4585-00000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 550.0
  • Tax Book Number: 547/100
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 8, 2021
Sold by
Running Bear Properties Llc
Bought by
Mccormick Dennis and Mccormick Louann
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
Christopher Spangler
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$812,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,632
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Aug 10, 2020
Sold by
Bear Run Properties Inc
Bought by
Coutts David A and Coutts Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mccormick Dennis $625,000 Stewart Title Insurance Co
Mccormick Dennis $625,000 Tornow W Mcnair
Running Bear Properties Llc -- None Available
Coutts David A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coutts David A $1,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $625,000 0.0% $370 / Sq Ft
08/18/2021 08/18/21 For Sale $625,000 -- $370 / 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 $2,554 $638,600 $50,000 $588,600
2023 $2,514 $628,400 $50,000 $578,400
2022 $2,514 $628,400 $50,000 $578,400
2021 $275 $245,500 $50,000 $195,500
2020 $555 $50,000 $50,000 $0
2019 $555 $50,000 $50,000 $0
2018 $275 $50,000 $50,000 $0
2017 $212 $18,800 $0 $0
2016 $84 $18,800 $0 $0
2015 $84 $18,800 $18,800 $0
2012 -- $37,500 $37,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Marsha McManus

    Seller's Agent in 2021

    Marsha McManus

    The Summit Group Of The Carolinas

    (828) 260-2490

    63 in this area

    105 Total Sales

    Marsha McManus
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    James Canterbury

    The Summit Group Of The Carolinas

    (828) 260-5528

    43 in this area

    99 Total Sales

    James Canterbury
    Section Image
  • Christopher Spangler

    Buyer's Agent in 2021

    Christopher Spangler

    Howard Hanna Allen Tate Real Estate Blowing Rock

    (828) 295-7337

    10 in this area

    111 Total Sales

    Christopher Spangler
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 232798

High Country Association of REALTORS®

APN: 1858-10-45-4585-00000

North Carolina Avery County Banner Elk 28604

622 Running Bear Cir, Banner Elk, NC

This home is located at 622 Running Bear Cir, Banner Elk, NC 28604 since 18 August 2021 and is currently estimated at $812,632, approximately $480 per square foot. This property was built in 2021. 622 Running Bear Cir is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High School.

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.

High Country Association of REALTORS® 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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