NOT LISTED FOR SALE

641 Farm Loop Rd Banner Elk, NC 28604

Estimated Value: $1,096,000 - $1,704,000

3 Beds
3.5 Baths
3,099 Sq Ft
$465/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $950,000 $307 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,086/month

Highlights

  • Gated Community
  • Mountain View
  • Outdoor Fireplace
  • Banner Elk Elementary School Rated A-
  • Partially Wooded Lot
  • Mountain Architecture

About This Home

As of October 2020

This is one of the premier homes located in The Farm at Banner Elk. From the masonry stone fireplaces to to the beautifully finished wooden walls this home is a quintessential mountain retreat. Located on a beautifully manicured lot with a stone paver drive this home drips of elegance. Words cannot adequately describe the details that have been put into the design of this home.
A 3D tour has been created to help you appreciate the quality and the detail of design.

Please be aware that a member of this household has certain health issues that places them in a compromised position concerning Covid 19. They have provided all PPE material including Masks, Gloves, booties and hand sanitizer. We ask that all visitors utilize these items as a precaution to help prevent the spread of this virus.

Last Agent to Sell the Property

Chris Wotell

Peak Real Estate Llc Listed on: 07/30/2020

Co-Listed By

Jim Fitzpatrick

Peak Real Estate Llc

Last Buyer's Agent

Tricia Holloway

Engel & Volkers Banner Elk

Engel & Volkers Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,641

Year Built

  • Built in 2004

Lot Details

  • 0.73 Acre Lot
  • Property fronts a private road
  • Partially Wooded Lot
  • Zoning described as City,Deed Restrictions,Residential,Subdivision

HOA Fees

  • $122 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • 3,099 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Stone Fireplace
  • Mountain Views
  • Crawl Space
  • Gas Cooktop
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 185807584525

Community Details

Overview

  • The Farm At Banner Elk Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,641

Year Built

Built in 2004

Lot Details

0

HOA Fees

$122 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 437
  • Co List Office Phone: (828) 898-1880
  • Subdivision Name: The Farm At Banner Elk
  • Above Grade Finished Sq Ft: 3099.0
  • Architectural Style: Mountain
  • 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: Gas Cooktop
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Outside
  • Fireplace: Yes
  • Living Area: 3099.0
  • Stories: 2

Exterior Features

  • View: Mountain(s)
  • Home Warranty: No
  • Construction Type: Cedar, Stone, Wood Frame
  • Other Structures: Living Quarters
  • Patio And Porch Features: Covered, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1464.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 185807584525
  • Zoning Description: City,Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9641.0
  • Tax Book Number: 483/1798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Kantlehner Patricia J and Kantlehner William A
Bought by
Kantlehner Family Limited Liability Company
Current Estimated Value
$1,442,388

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 9, 2020
Sold by
Edward J Snyder Jr 1993 Family Trust
Bought by
Kantlehner Patricia J and Kantlehner William A
Seller's Agent
Chris Wotell
Peak Real Estate Llc
Buyer's Agent
Tricia Holloway
Engel & Volkers Banner Elk
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 7, 2020
Sold by
Snyder Elizabeth Lake Inman and The Edward J Snyder Jr 1993 Fa
Bought by
Kantlehner Patricia J and Kantlehner William A
Seller's Agent
Chris Wotell
Peak Real Estate Llc
Buyer's Agent
Tricia Holloway
Engel & Volkers Banner Elk
List Price
$950,000
Sold Price
$950,000

Purchase Details

Listed on
Mar 14, 2013
Closed on
Apr 28, 2014
Sold by
Candler Robert W and Candler Cynthia C
Bought by
Snyder Elizabeth Lake Inman and The Edward J Snyder Jr 1993 Fa
List Price
$922,000
Sold Price
$922,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
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
Kantlehner Family Limited Liability Company -- None Listed On Document
Kantlehner Patricia J $1,900 Henson Danielle
Kantlehner Patricia J $950,000 None Available
Snyder Elizabeth Lake Inman $922,000 None Available
Kantlehner Patricia J $1,900 Henson Danielle
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2020 10/08/20 Sold $950,000 0.0% $307 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $950,000 +3.0% $307 / Sq Ft
04/30/2014 04/30/14 Sold $922,000 0.0% $341 / Sq Ft View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
03/14/2013 03/14/13 For Sale $922,000 -- $341 / 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 $3,798 $965,400 $150,000 $815,400
2023 $3,798 $949,400 $150,000 $799,400
2022 $0 $949,400 $150,000 $799,400
2021 $4,777 $868,600 $185,000 $683,600
2020 $9,641 $868,600 $185,000 $683,600
2019 $9,641 $868,600 $185,000 $683,600
2018 $4,777 $868,600 $185,000 $683,600
2017 $7,598 $672,400 $0 $0
2016 $3,007 $672,400 $0 $0
2015 $3,007 $672,400 $75,000 $597,400
2012 -- $940,500 $165,000 $775,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 223471

High Country Association of REALTORS®

APN: 1858-07-58-4525-00000