NOT LISTED FOR SALE

63 Laurel Rock Ct Banner Elk, NC 28604

Estimated Value: $1,065,000 - $1,374,000

4 Beds
3.5 Baths
3,373 Sq Ft
$369/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $627,000 $186 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,152/month

273 Days on Market

Highlights

  • Equestrian Center
  • Home fronts a pond
  • Craftsman Architecture
  • Banner Elk Elementary School Rated A-
  • Gated Community
  • Mountain View

About This Home

As of February 2020

Custom Home with New Master Suite on Main. This custom-crafted home, located inside The Farm at Banner Elk, is architecturally designed to fit perfectly into the landscape of centuries-old hemlock trees, wild rhododendron, and a fern-covered boulder. The 1200sq’ of deck with rhododendron railing that skirt the house provide for immersive, secluded outdoor living, and the many large windows bring the beauty of this private outdoor setting with its mountain views inside. The open floor plan on the main floor features a warm and inviting stone hearth, open-beam ceiling, several sitting areas, and a kitchen with granite countertops and solid cherry wood cabinets. The new master suite on the main floor has vaulted ceilings and French doors leading out to the deck. Climb the rhododendron railing stairway upstairs to find two large bedrooms, a twin-vanity bath, and two extra rooms for office or play. Downstairs is second master suite/family room/guestroom with its own hearth, large TV with built-in surround sound system, French doors onto a private deck, walk-in closet, and a twin-vanity bath with steam bath shower. This is a one of a kind home that is a must see!

Last Agent to Sell the Property

Amy Pepin

Premier Sotheby's International Realty- Banner Elk Listed on: 04/12/2019

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Michelle Griffin

High Country Resort Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,511

Year Built

  • Built in 2004

Lot Details

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

HOA Fees

  • $162 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Wood Frame Construction
  • Shake Siding
  • Cedar
  • Stone

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Propane Fireplace
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Private Parking
  • Gravel Driveway

Schools

  • Banner Elk Elementary School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Radiant Heating System
  • Private Water Source
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 185807589421

Community Details

Overview

  • The Farm At Banner Elk Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,511

Year Built

Built in 2004

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Farm At Banner Elk
  • Above Grade Finished Sq Ft: 2545.0
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 828.0
  • Fireplace Features: Two, Other, See Remarks, Stone, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3373.0
  • Stories: 2

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Cedar, Shake Siding, Stone, Wood Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Other, See Remarks

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Detached, Garage, Gravel, Private, Three or more Spaces

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Propane, Radiant
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Equestrian Community, Gated
  • Association Fee: 1949.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185807589421
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8511.0
  • Tax Book Number: 446/2413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Feb 10, 2020
Sold by
Deford Ronald W
Bought by
Strothman Lloyd F and Strothman Angela Kim
Seller's Agent
Amy Pepin
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Michelle Griffin
High Country Resort Properties
List Price
$627,000
Sold Price
$627,000
Current Estimated Value
$1,244,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,771
Avg. Annual Appreciation
13.10%

Purchase Details

Closed on
Apr 30, 2010
Sold by
Rendleman John Proctor and Rendleman Jennifer Ann
Bought by
Deford Ronald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Strothman Lloyd F $627,000 None Available
Deford Ronald W $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deford Ronald W $412,500
Previous Owner Rendleman John P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $627,000 0.0% $186 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
04/12/2019 04/12/19 For Sale $627,000 -- $186 / 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 $3,117 $779,300 $112,500 $666,800
2023 $3,117 $779,300 $112,500 $666,800
2022 $0 $779,300 $112,500 $666,800
2021 $4,098 $745,000 $185,000 $560,000
2020 $8,270 $745,000 $185,000 $560,000
2019 $9,170 $773,800 $185,000 $588,800
2018 $4,256 $773,800 $185,000 $588,800
2017 $6,286 $556,300 $0 $0
2016 $2,488 $556,300 $0 $0
2015 $2,488 $556,300 $75,000 $481,300
2012 -- $770,300 $132,000 $638,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 213770

High Country Association of REALTORS®

APN: 1858-07-58-9421-00000