Seller's Agent in 2015
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
(828) 355-3311
24 in this area
254 Total Sales
642 Spice Bottom Trail Banner Elk, NC 28604
Estimated Value: $416,000 - $472,729
3
Beds
3
Baths
2,176
Sq Ft
$202/Sq Ft
Est. Value
Highlights
- Gated Community
- Mountain View
- Porch
- Valle Crucis Elementary School Rated A-
- Mountain Architecture
- Double Pane Windows
About This Home
As of July 2015Bank-owned, mountain-style home located on the flank of Grandfather Mountain in the private community of Spice Branch, boasts long range mountain views, and offers great value for the opportunity. The main level includes Living Room with stone fireplace, and vaulted ceilings. Open floor plan with the kitchen. Adjacent from the Living Room is an open deck & views beyond. Master on the main level with adjacent bathroom. Guest Room also on the main level. The top floor includes a loft, bonus room, and bath. The lower level includes a family room, bedroom, bath, and laundry. Home is clean yet needs a little TLC. Excellent location in the Foscoe community close to Boone. Also, nearby grocery, restaurants, and shopping in Tynecastle, Banner Elk. This mountain getaway is calling as a summer retreat, or vacation property situated high in the Blue Ridge Mountains.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $784
Year Built
- Built in 1987
Lot Details
- 1 Acre Lot
- Property fronts a private road
- Zoning described as Deed Restrictions,Residential,Subdivision
HOA Fees
- $50 Monthly HOA Fees
Home Design
- Mountain Architecture
- Cottage
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- Wood Burning Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Mountain Views
- Finished Basement
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- No Garage
- Private Parking
- Gravel Driveway
Outdoor Features
- Open Patio
- Porch
Schools
- Valle Crucis Elementary School
Utilities
- Baseboard Heating
- Private Water Source
- Shared Well
- Well
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1878705896000
Community Details
Overview
- Spice Branch At Grandfather Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 20, 2020
Sold by
Nelson Derek Allen
Bought by
Nelson Derek Allen and Bradley Kalin P
Total Days on Market
91
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$139,492
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$299,190
Purchase Details
Listed on
Mar 11, 2015
Closed on
Jun 19, 2015
Sold by
Fannie Mae
Bought by
Nelson Derek Allen
Seller's Agent
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
Buyer's Agent
Maria Owens
Realty One Group Results-Boone
List Price
$130,000
Sold Price
$130,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Original Mortgage
$104,000
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 15, 2014
Sold by
Saidi Mondher B
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 30, 2011
Sold by
Sadidi Mondher B
Bought by
Manaci Steve and Manaci Sue
Purchase Details
Closed on
May 2, 2011
Sold by
Saidi Gina N
Bought by
Saidi Mondher B
Purchase Details
Closed on
Jan 7, 2005
Sold by
Maniace Steve and Maniace Sue
Bought by
Saidi Mondher B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.61%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Derek Allen | -- | None Available | |
| Nelson Derek Allen | -- | Attorney | |
| Federal National Mortgage Association | $181,032 | None Available | |
| Manaci Steve | $20,000 | None Available | |
| Saidi Mondher B | -- | -- | |
| Saidi Mondher B | $140,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson Derek Allen | $155,000 | |
| Closed | Nelson Derek Allen | $104,000 | |
| Previous Owner | Saidi Mondher B | $126,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2015 07/10/15 | Sold | $130,000 | 0.0% | $60 / Sq Ft |
| 06/10/2015 06/10/15 | Pending | -- | -- | -- |
| 03/11/2015 03/11/15 | For Sale | $130,000 | -- | $60 / 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 | $1,076 | $264,400 | $25,000 | $239,400 |
| 2023 | $1,053 | $264,400 | $25,000 | $239,400 |
| 2022 | $1,053 | $264,400 | $25,000 | $239,400 |
| 2021 | $959 | $194,000 | $31,300 | $162,700 |
| 2020 | $959 | $194,000 | $31,300 | $162,700 |
| 2019 | $959 | $194,000 | $31,300 | $162,700 |
| 2018 | $862 | $194,000 | $31,300 | $162,700 |
| 2017 | $862 | $194,000 | $31,300 | $162,700 |
| 2013 | -- | $190,500 | $31,300 | $159,200 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Aceto
-
Todd Rice
T
Seller Co-Listing Agent in 2015
Todd Rice
Blue Ridge Realty & Inv. Blowing Rock
(828) 263-8711
12 in this area
117 Total Sales
-
Maria Owens
Buyer's Agent in 2015
Maria Owens
Realty One Group Results-Boone
(828) 773-1625
1 in this area
12 Total Sales
Map
Similar Homes in the area
Source: High Country Association of REALTORS®
MLS Number: 189957
APN: 1878-70-5896-000
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.
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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