NOT LISTED FOR SALE

743 Raven Ridge Rd Unit 43 Banner Elk, NC 28604

Estimated Value: $1,026,000 - $2,039,000

3 Beds
4 Baths
2,964 Sq Ft
$484/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $412,500 $139 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $8,220/month

753 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Traditional Architecture
  • Banner Elk Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of September 2019

Elk River Retreat! This 3 BR 4 BA home is located in the gated and upscale mountain golf community of Elk River. An open floor plan brings together the living, dining, and kitchen that all share the beautiful mountain views! Vaulted ceilings and skylights create an airy and welcoming atmosphere while multiple open and screened decks provide great space for outdoor living! A spacious master suite is located on the walk-in level as is an office, 2nd full bath, laundry, 2 car garage, and ample closet space. Downstairs find a 2nd BR/BA suite with private deck, a bonus room w/ deck, and a 3rd BR/BA suite. Amenities include: entertainment bar between living and dining, wet bar on lower level, bar seating in kitchen, covered entry, rock landscaping, ability to join Elk River Club offering amenities including Golf on the prestigious Jack Nicklaus designed golf course, clubhouse, restaurant, pool, tennis, river access, fishing, and more!

Last Agent to Sell the Property

Jay Vincent

Berkshire Hathaway HomeServices Vincent Properties License #65078 Listed on: 06/29/2017

Berkshire Hathaway HomeServices Vincent Properties

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 0.96

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • 4 Full Bathrooms
  • Wood Burning Fireplace
  • Gas Log Fireplace

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 1848-00-55-3927-00000
  • Tax Block 124

Community Details

Overview

  • Elk River Poa

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$362 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91871
  • Ratio Close Price By Original Li: 0.63559
  • Ratio Current Price By Acre: 429687.50
  • Ratio Current Price By Sq Ft: 139.17
  • Year Built: 1996
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs, Propane, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 1197
  • Main Level Sq Ft: 1767
  • Total Sq Ft: 2964
  • Sq Ft Unheated Main: 40
  • Sq Ft Unheated Total: 40

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Propane
  • Sewer: Community Sewer
  • Water: Community Well
  • Water Heater: Propane

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Golf Course, Outdoor Pool, Tennis Court(s)
  • Association Fee: 4345.95
  • Association Fee Frequency: Annually
  • HOA Management Company: Elk River POA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Banner Elk
  • Middle School: Unspecified
  • High School: Watauga

Lot Info

  • Lot Features: Sloping, Year Round View
  • Lot Size Area: 0.960
  • Parcel Number: 1848-00-55-3927-00000
  • Plat Book Slide: 18
  • Plat Reference Section Pages: 1027
  • Zoning: Residential
  • Zoning Specification: RES

Tax Info

  • Tax Value: 486600.00
  • Tax Block: 124
  • Tax Location: Avery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 30, 2019
Sold by
Abercrombie Virginia Townsend and The Abercrombie Family Trust
Bought by
Meier John J and Cliver Emily
Seller's Agent
Jay Vincent
Berkshire Hathaway HomeServices Vincent Properties
Buyer's Agent
Non Member
Canopy Administration
List Price
$649,000
Sold Price
$412,500
Premium/Discount to List
-$236,500
-36.44%
Current Estimated Value
$1,435,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,023,084
Avg. Annual Appreciation
22.73%
Original Mortgage
$330,000
Outstanding Balance
$287,674
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,147,910

Purchase Details

Closed on
Oct 30, 2015
Sold by
Abecrombie Virginia T
Bought by
Abercrombie Virginia Townsend and The Abercrombie Family Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Meier John J $412,500 None Available
Abercrombie Virginia Townsend -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meier John J $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $412,500 -8.1% $139 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
12/21/2018 12/21/18 Price Changed $449,000 -30.8% $151 / Sq Ft
06/29/2017 06/29/17 For Sale $649,000 -- $219 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,235 $808,700 $90,000 $718,700
2023 $2,764 $749,500 $90,000 $659,500
2022 $2,764 $690,900 $90,000 $600,900
2021 $3,572 $649,500 $75,000 $574,500
2020 $2,668 $485,100 $75,000 $410,100
2019 $2,668 $485,100 $75,000 $410,100
2018 $2,668 $485,100 $75,000 $410,100
2017 $2,676 $486,600 $0 $0
2016 $2,176 $486,600 $0 $0
2015 $2,176 $486,600 $75,000 $411,600
2012 -- $719,400 $112,500 $606,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3294286

Canopy MLS (Canopy Realtor® Association)

APN: 1848-00-55-3927-00000