NOT LISTED FOR SALE

629 Grandfather Farms Rd Banner Elk, NC 28604

Estimated Value: $643,000 - $774,000

2 Beds
3 Baths
2,715 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 13, 2012

Last sale price $356,000 $131 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,980/month

425 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • 2 Fireplaces
  • Valle Crucis Elementary School Rated A-
  • Attic
  • Covered Patio or Porch

About This Home

As of September 2012

This beautiful home offers high quality construction with many custom features including an incredible wall of built in bookshelves that encompasses a gas log fireplace & entertainment center, custom trim work through out, & an inviting sunroom style foyer. The main level offers an extraordinary kitchen with granite counter tops, stainless steel appliances, gas range, & double oven, sunny dining room, large yet cozy living area that opens to huge back deck, & a Large Master Suite, & Guest Suite. This home was designed to have easy access w/ one level living + a lower level for family or guest Beautiful Grandfather View from the living room from Fall to Spring. The basement is completely finished & is wonderful open space w/ a gas log fireplace and full bathroom. The current owners use this space for a spacious den, an office, and for an additonal bedroom. The lower level also has a large deck. The two car garage has also been finished and offers a custom work bench, plenty of storage and shelving. Flat usable yard space, perfect for gardening and for enjoying the lovely setting.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1998

Lot Details

  • 0.62 Acre Lot
  • Property fronts a private road
  • Zoning described as Subdivision

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Gravel Driveway

Property Views

  • Mountain
  • Seasonal

Home Design

  • Traditional Architecture
  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2 Fireplaces
  • Propane Fireplace
  • Double Pane Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Built-In Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Grandfather Farms Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1878024364000

Home Details

Home Type

Single Family

Est. Annual Taxes

$987

Year Built

Built in 1998

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Grandfather Farms
  • Above Grade Finished Sq Ft: 1544.0
  • Architectural Style: Mountain, Traditional
  • Garage Yn: Yes
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Microwave Hood Fan, Microwave, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1171.0
  • Fireplace Features: Two, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 2715.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Gravel, Oversized, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 575.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878024364000
  • Zoning Description: Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 987.0
  • Tax Book Number: 1543/221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2011
Closed on
Sep 7, 2012
Sold by
Knight Carol A and Carol Anne Knight Revocable Tr
Bought by
Bokkean Peter Bradley and Bokkean Debra Ann
List Price
$356,000
Sold Price
$356,000
Current Estimated Value
$700,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,796
Avg. Annual Appreciation
5.43%
Original Mortgage
$100,000
Outstanding Balance
$19,941
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$687,451

Purchase Details

Closed on
Nov 4, 2010
Sold by
Knight Carol A
Bought by
Knight Carol A

Purchase Details

Closed on
Mar 23, 2010
Sold by
Knight Ian and Knight Carol A
Bought by
Knight Ian and Knight Carol A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bokkean Peter Bradley $356,000 None Available
Knight Carol A -- --
Knight Ian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bokkean Peter Bradley $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2012 09/13/12 Sold $356,000 0.0% $131 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
06/16/2011 06/16/11 For Sale $356,000 -- $131 / 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 $1,715 $483,100 $24,800 $458,300
2023 $1,692 $483,100 $24,800 $458,300
2022 $1,692 $483,100 $24,800 $458,300
2021 $1,431 $343,200 $24,800 $318,400
2020 $1,431 $343,200 $24,800 $318,400
2019 $1,431 $343,200 $24,800 $318,400
2018 $1,282 $343,200 $24,800 $318,400
2017 $1,282 $343,200 $24,800 $318,400
2013 -- $307,600 $22,600 $285,000
Source: Public Records

Map

Source: High Country Association of REALTORS®

MLS Number: 167283

High Country Association of REALTORS®

APN: 1878-02-4364-000