NOT LISTED FOR SALE

777 Justus Rd Banner Elk, NC 28604

Estimated Value: $1,312,000 - $2,486,000

3 Beds
3.5 Baths
3,628 Sq Ft
$496/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $1,125,000 $310 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,995/month

Highlights

  • Spa
  • 7.36 Acre Lot
  • Wooded Lot
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Outdoor Fireplace

About This Home

As of January 2020

Experience the absolute best the High Country offers in this custom lodge filled with artisan details. 3 bedroom 3.5 bath hand hewn log & timber frame home on 7.36 acres. Pulling up to the lodge you know you are somewhere special! Ample parking & porte-cochere for all weather protection. Open air wrap around deck complete with wood burning stone fireplace, dining, grill & hottub taking full advantage of the breathtaking view. Generous foyer with heavy timber frame staircase. Spacious main level great room offers cathedral beamed ceiling & stacked stone fireplace. If there was ever a dream kitchen this is it! Viking appliances, gorgeous granite, custom cabinets, live edge breakfast bar, pantry and 2 sinks. Huge master with stone fireplace, master bath entry is a restored 1800's cabin with his/her walk-in closets, slate shower & soaking tub. The second level offers 2 additional en-suites with walk-in closets, loft/game room with Juliette deck looking out into the view. Every bedroom has a washer/dryer. Immaculately maintained, this one will not disappoint. Just minutes away from historic Valle Crucis and centrally located to everything! Furnishings nego

Last Agent to Sell the Property

Christopher Spangler

Howard Hanna Allen Tate Real Estate Blowing Rock Listed on: 06/05/2019

Howard Hanna Allen Tate Real Estate Blowing Rock

Last Buyer's Agent

Lisa Steinbacher

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,127

Year Built

  • Built in 2007

Lot Details

  • 7.36 Acre Lot
  • Wooded Lot

Home Design

  • Mountain Architecture
  • Log Cabin
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Log Siding
  • Stone

Interior Spaces

  • 3,628 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Mountain Views
  • Crawl Space
  • Home Security System

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Carport
  • Porte-Cochere
  • Driveway
  • Paved Parking

Outdoor Features

  • Spa
  • Open Patio
  • Outdoor Fireplace
  • Gazebo
  • Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Well
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1879-83-8971-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,127

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.36
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3628.0
  • Architectural Style: Log Home, Mountain
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Three, Gas, Stone, Vented, Wood Burning, Outside, Propane
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 3628.0
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Stone, Wood Siding
  • Exterior Features: Hot Tub/Spa, Paved Driveway
  • Other Structures: Gazebo
  • Patio And Porch Features: Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Carport, Driveway, Paved, Porte-Cochere, Private

Utilities

  • Laundry Features: Main Level
  • Security: Security System
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1879-83-8971-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5127.0
  • Tax Book Number: 1972/186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Mar 4, 2020
Sold by
Pitts Eric M and Pitts Cassie C
Bought by
Pitts Cassie Campbell and Pitts Eric Michael
Seller's Agent
Christopher Spangler
Howard Hanna Allen Tate Real Estate Blowing Rock
Buyer's Agent
Lisa Steinbacher
EXP Realty LLC
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
$1,798,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,516
Avg. Annual Appreciation
8.60%
Original Mortgage
$575,000
Outstanding Balance
$509,013
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,289,503

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jan 24, 2020
Sold by
Big Skye Lodge Llc
Bought by
Pitts Eric M and Pitts Cassie C
Seller's Agent
Christopher Spangler
Howard Hanna Allen Tate Real Estate Blowing Rock
Buyer's Agent
Lisa Steinbacher
EXP Realty LLC
List Price
$1,125,000
Sold Price
$1,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$509,013
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,289,503

Purchase Details

Closed on
May 5, 2018
Sold by
Freeman Christopher C and Freeman Melinda M
Bought by
Big Skye Lodge Llc

Purchase Details

Listed on
Aug 1, 2016
Closed on
Dec 2, 2016
Sold by
Hiatt Emily M
Bought by
Freeman Christopher C and Freeman Melinda M
Seller's Agent
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Christopher Spangler
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$978,000
Sold Price
$978,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$782,400
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2008
Sold by
Aderhold David and Aderhold Beverly
Bought by
Hiatt Emily M
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
Pitts Cassie Campbell -- None Available
Pitts Eric M $1,125,000 None Available
Big Skye Lodge Llc -- None Available
Freeman Christopher C $978,000 None Available
Hiatt Emily M $1,835,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitts Eric M $575,000
Previous Owner Freeman Christopher C $782,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2020 01/31/20 Sold $1,125,000 0.0% $310 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
06/05/2019 06/05/19 For Sale $1,125,000 +15.0% $310 / Sq Ft
12/02/2016 12/02/16 Sold $978,000 0.0% $285 / Sq Ft View Prior Sale
11/02/2016 11/02/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $978,000 -- $285 / 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 $5,516 $1,471,000 $129,500 $1,341,500
2023 $5,493 $1,471,000 $129,500 $1,341,500
2022 $5,493 $1,471,000 $129,500 $1,341,500
2021 $5,753 $1,252,300 $287,200 $965,100
2020 $5,753 $1,252,300 $287,200 $965,100
2019 $5,753 $1,252,300 $287,200 $965,100
2018 $5,127 $1,252,300 $287,200 $965,100
2017 $5,127 $1,252,300 $287,200 $965,100
2013 -- $1,213,600 $287,200 $926,400
Source: Public Records

Agents Affiliated with this Home

  • Christopher Spangler

    Seller's Agent in 2020

    Christopher Spangler

    Howard Hanna Allen Tate Real Estate Blowing Rock

    (828) 295-7337

    10 in this area

    111 Total Sales

    Christopher Spangler
    Section Image

  • L

    Buyer's Agent in 2020

    Lisa Steinbacher

    EXP Realty LLC

    Section Image

  • R

    Buyer Co-Listing Agent in 2020

    Richard Steinbacher

    EXP Realty LLC

  • S

    Seller's Agent in 2016

    Sarah Whitfield

    Premier Sotheby's International Realty- Banner Elk

    (828) 260-2929

    37 in this area

    86 Total Sales

    Sarah Whitfield
    Section Image
  • Amy Pepin

    Seller Co-Listing Agent in 2016

    Amy Pepin

    Premier Sotheby's International Realty- Banner Elk

    (828) 898-3251

    37 in this area

    87 Total Sales

    Amy Pepin
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 215440

High Country Association of REALTORS®

APN: 1879-83-8971-000

North Carolina Watauga County Banner Elk 28604

777 Justus Rd, Banner Elk, NC

This home is located at 777 Justus Rd, Banner Elk, NC 28604 since 05 June 2019 and is currently estimated at $1,798,516, approximately $495 per square foot. This property was built in 2007. 777 Justus Rd is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

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.

High Country Association of REALTORS® 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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