L
Seller's Agent in 2020
Lindsey Lacey
Preferred Mountain Real Estate
(828) 387-1533
11 in this area
23 Total Sales
701 Berry Rd Banner Elk, NC 28604
4
Beds
3
Baths
3,712
Sq Ft
0.74
Acres
Highlights
- Second Kitchen
- Mountain View
- 2 Fireplaces
- Banner Elk Elementary School Rated A-
- Mountain Architecture
- No HOA
About This Home
As of October 2020Builders Special!!! Incredible Grandfather views abound from this mountain home. Sellers loss is your gain!! Project needs completing and is a blank canvas for your exquisite tastes in this centrally located home with great year round access!! Incredible mammoth real stone fireplace and vaulted ceilings set the stage upon entering of what this home longs to be. Listen to the sounds of a nice babbling creek in the back yard and take in the astounding grandfather views from several rooms and decks. New furnace, new metal roof, new plumbing and wiring and more but still needs a lot of work for completion. Big basement area with giant stone fireplace and stubbed for small kitchen/apartment with no rental restrictions. Huge over-sized 2 car Garage. Additional contiguous land is also available. A lot of work left, but it will leave new owner in a great equity position.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $438
Year Built
- Built in 1975
Lot Details
- 0.74 Acre Lot
- Home fronts a stream
- Southern Exposure
Parking
- 2 Car Attached Garage
- Oversized Parking
- Gravel Driveway
Home Design
- Mountain Architecture
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Mountain Views
- Second Kitchen
- Laundry on main level
- Finished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Porch
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Forced Air Heating and Cooling System
- Private Water Source
- Well
- Electric Water Heater
- Private Sewer
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 186702796231000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2020
Closed on
Dec 29, 2020
Sold by
Be 700 Main Llc
Bought by
Hyatt Marjorie A and Hyatt Charles E
Seller's Agent
Lindsey Lacey
Preferred Mountain Real Estate
Buyer's Agent
Lindsey Lacey
Preferred Mountain Real Estate
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,633
Avg. Annual Appreciation
24.93%
Original Mortgage
$280,000
Outstanding Balance
$19,909
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$584,724
Purchase Details
Listed on
Sep 23, 2020
Closed on
Oct 29, 2020
Sold by
Coast 2 Coast Properties Llc
Bought by
Be 700 Main Llc
Seller's Agent
Lindsey Lacey
Preferred Mountain Real Estate
Buyer's Agent
Lindsey Lacey
Preferred Mountain Real Estate
List Price
$200,000
Sold Price
$200,000
Purchase Details
Listed on
Sep 23, 2020
Closed on
Oct 26, 2020
Sold by
Coast 2 Coast Properties Llc
Bought by
Be-700 Main Llc
Seller's Agent
Lindsey Lacey
Preferred Mountain Real Estate
Buyer's Agent
Lindsey Lacey
Preferred Mountain Real Estate
List Price
$200,000
Sold Price
$200,000
Purchase Details
Closed on
Jan 3, 2020
Sold by
Mclean Thelma
Bought by
Coast 2 Coast Proerties Llc
Purchase Details
Closed on
Aug 22, 2013
Sold by
Mclean Thelma
Bought by
Mclean Family Of North Carolina Llc
Purchase Details
Listed on
May 19, 2012
Closed on
Sep 21, 2012
Sold by
Bh Land Acquisition Llc
Bought by
Mclean Thelma P
Seller's Agent
Stephen Mcdaniel
Fathom Realty NC LLC
Buyer's Agent
Stephen Mcdaniel
Fathom Realty NC LLC
List Price
$70,000
Sold Price
$70,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%
Purchase Details
Closed on
Oct 3, 2005
Sold by
Mcmillan John Samuel and Mcmillan Anita Sewell
Bought by
B & J North Carolina Llc and Djf Llc
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $301,000 | None Available | |
| Warranty Deed | $200,000 | None Available | |
| Warranty Deed | $400 | Cocke William B | |
| Warranty Deed | $250,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $205,000 | None Available | |
| Deed | $205,000 | None Available | |
| Warranty Deed | $320,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $200,000 | 0.0% | $54 / Sq Ft | |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- | |
| 09/23/2020 09/23/20 | For Sale | $200,000 | +185.7% | $54 / Sq Ft | |
| 09/26/2012 09/26/12 | Sold | $70,000 | 0.0% | $20 / Sq Ft | View Prior Sale |
| 08/27/2012 08/27/12 | Pending | -- | -- | -- | |
| 05/19/2012 05/19/12 | For Sale | $70,000 | -- | $20 / 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 | $1,678 | $419,400 | $29,700 | $389,700 |
| 2023 | $1,136 | $419,400 | $29,700 | $389,700 |
| 2022 | $1,136 | $283,900 | $29,700 | $254,200 |
| 2021 | $438 | $79,600 | $19,800 | $59,800 |
| 2020 | $438 | $79,600 | $19,800 | $59,800 |
| 2019 | $438 | $79,600 | $19,800 | $59,800 |
| 2017 | $438 | $79,600 | $0 | $0 |
| 2016 | $356 | $79,600 | $0 | $0 |
| 2015 | $356 | $79,600 | $19,800 | $59,800 |
| 2012 | -- | $233,900 | $23,800 | $210,100 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsey Lacey
-
Stephen Mcdaniel
S
Seller's Agent in 2012
Stephen Mcdaniel
Fathom Realty NC LLC
(828) 964-0325
40 in this area
122 Total Sales
-
Jay Vincent
Buyer Co-Listing Agent in 2012
Jay Vincent
Berkshire Hathaway HomeServices Vincent Properties
(828) 295-0707
26 in this area
257 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 224854
APN: 18670279623100000
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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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