736 Summit Forest Way Banner Elk, NC 28604
Estimated Value: $2,834,000 - $3,390,000
5
Beds
6
Baths
5,476
Sq Ft
$568/Sq Ft
Est. Value
About This Home
This home is located at 736 Summit Forest Way, Banner Elk, NC 28604 and is currently estimated at $3,112,000, approximately $568 per square foot. 736 Summit Forest Way is a home with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Avery County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 28, 2011
Sold by
Zaccheo Michael
Bought by
Mountain High Development Llc
Current Estimated Value
Purchase Details
Closed on
Aug 10, 2007
Sold by
7022 Summit Forest Way Llc
Bought by
Zaccheo Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,197
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 24, 2006
Sold by
Mcmillan James G and Mcmillan Nancy A
Bought by
7022 Summit Forest Wya Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Mountain High Development Llc | $1,500,000 | None Available | |
Zaccheo Michael | -- | None Available | |
7022 Summit Forest Wya Llc | $90,000 | None Available | |
Mcmillan James G | -- | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Zaccheo Michael | $1,005,197 |
Source: Public Records
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 | $6,760 | $1,690,100 | $265,000 | $1,425,100 |
2023 | $6,760 | $1,690,100 | $265,000 | $1,425,100 |
2022 | $0 | $1,690,100 | $265,000 | $1,425,100 |
2021 | $7,407 | $1,346,700 | $200,000 | $1,146,700 |
2020 | $7,099 | $1,290,700 | $200,000 | $1,090,700 |
2019 | $7,099 | $1,290,700 | $200,000 | $1,090,700 |
2018 | $7,099 | $1,290,700 | $200,000 | $1,090,700 |
2017 | $7,351 | $1,336,600 | $0 | $0 |
2016 | $5,977 | $1,336,600 | $0 | $0 |
2015 | $5,977 | $1,336,600 | $200,000 | $1,136,600 |
2012 | -- | $2,081,500 | $225,000 | $1,856,500 |
Source: Public Records
Map
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