NOT LISTED FOR SALE

70 Painter Rd Banner Elk, NC 28604

Estimated Value: $164,000 - $196,000

3 Beds
2 Baths
1,285 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $165,000 $128 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,001/month

33 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Manufactured Home
  • Banner Elk Elementary School Rated A-
  • Cooling Available
  • Heat Pump System

About This Home

As of December 2023

GREAT PRICE FOR BANNER ELK LIVING! LESS THAN 2 MINUTES FROM DOWNTOWN BANNER ELK. 1285 SQ FT 3 bedroom, 2 bath manufactured home with central heat and air. NICE laying 1.03 ACRE, excellent location for year round living or vacation rental property. Enjoy the local amenities; skiing, biking, hiking, shopping, dining, summer concerts and the various town activities.
Property is currently rented on a month to month basis.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Brokerage Phone: 828-737-3100 Listed on: 11/14/2023

Last Buyer's Agent

Amanda Sorrow

Realty One Group Results-Banne

Realty One Group Results-Banne

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $430

Year Built

  • Built in 2003

Lot Details

  • 1.03

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,285 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Mountain Views
  • Crawl Space
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Well

Additional Features

  • 1.03 Acre Lot
  • Manufactured Home

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-00-83-1003-00000

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$430

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1285.0
  • Architectural Style: Manufactured Home
  • Body Type: Double Wide
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-737-3100
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 1285.0
  • Stories: 1

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Manufactured, Vinyl Siding
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

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

Lot Info

  • Parcel #: 1859-00-83-1003-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 430.0
  • Tax Book Number: 365/3005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Dec 14, 2023
Sold by
Benfield Lewis Shannon and Benfield Jamie Carol
Bought by
Sorrow Eric and Sorrow Amanda
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Amanda Sorrow
Realty One Group Results-Banne
List Price
$200,000
Sold Price
$165,000
Premium/Discount to List
-$35,000
-17.5%
Views
40
Current Estimated Value
$177,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,401
Avg. Annual Appreciation
8.09%
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
Sorrow Eric $165,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benfield Lewis Shannon $63,157
Previous Owner Benfield Lewis S $89,629
Previous Owner Benfield Lewis Shannon $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $165,000 -17.5% $128 / Sq Ft
11/14/2023 11/14/23 For Sale $200,000 -- $156 / 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 $430 $107,400 $45,700 $61,700
2023 $430 $107,400 $45,700 $61,700
2022 $430 $107,400 $45,700 $61,700
2021 $409 $74,400 $34,200 $40,200
2020 $409 $74,400 $34,200 $40,200
2019 $409 $74,400 $34,200 $40,200
2018 $409 $74,400 $34,200 $40,200
2017 $447 $81,200 $0 $0
2016 $363 $81,200 $0 $0
2015 $363 $81,200 $34,200 $47,000
2012 -- $110,100 $56,900 $53,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 246862

High Country Association of REALTORS®

APN: 1859-00-83-1003-00000