NOT LISTED FOR SALE

787 Fox Meadow Rd Banner Elk, NC 28604

Estimated Value: $764,000 - $916,000

2 Beds
3 Baths
2,832 Sq Ft
$305/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $230,000 $81 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $4,835/month

Highlights

  • Gated Community
  • 2.16 Acre Lot
  • Mountain Architecture
  • Banner Elk Elementary School Rated A-
  • Mountain View
  • Forced Air Heating System

About This Home

As of September 2013

Location and View. This home is in great neighborhood. Custom built home on more than 2 south facing acres. Views from all around home. Large stone fireplace, tongue and Grove walls, vaulted ceilings, Flagstone terrace and foyer. Large master suite on main level along with office area. Many custom details that make this a must see. Approved for Homepath Mortgage and Homepath Renovation Mortgage.

Last Agent to Sell the Property

Michael Eller

Mtn Prop. of the High Country Listed on: 11/10/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1991

Lot Details

  • 2.16 Acre Lot
  • Southern Exposure

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,832 Sq Ft Home
  • Stone Fireplace
  • Mountain Views
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Private Water Source
  • Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 185900662989

Community Details

Overview

  • Fox Meadow Farms Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,620

Year Built

Built in 1991

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.16
  • Subdivision Name: Fox Meadow Farms
  • Above Grade Finished Sq Ft: 2832.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Year Built: 1991
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20

Interior Features

  • Appliances: Electric Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2832.0

Exterior Features

  • View: Long Range, Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage

Utilities

  • Heating: Baseboard, Forced Air, Propane, Radiant
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185900662989
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1620.0
  • Tax Book Number: 469/407

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2012
Closed on
Aug 16, 2013
Sold by
Federal National Mortgage Association
Bought by
Day Mark E and Day Robin F
Seller's Agent
Michael Eller
Mtn Prop. of the High Country
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$864,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,667
Avg. Annual Appreciation
11.59%
Original Mortgage
$184,000
Outstanding Balance
$136,834
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$727,833

Purchase Details

Closed on
Oct 9, 2012
Sold by
Franson Charles J and Franson Marian F
Bought by
Federal National Mortgage Association and Fannie Mae
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
Day Mark E $240,000 None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Mark E $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2013 09/20/13 Sold $230,000 0.0% $81 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
11/10/2012 11/10/12 For Sale $230,000 -- $81 / 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 $1,956 $488,900 $93,800 $395,100
2023 $1,956 $488,900 $93,800 $395,100
2022 $1,956 $488,900 $93,800 $395,100
2021 $2,028 $368,700 $87,500 $281,200
2020 $2,028 $368,700 $87,500 $281,200
2019 $2,028 $368,700 $87,500 $281,200
2018 $2,028 $368,700 $87,500 $281,200
2017 $2,143 $389,700 $0 $0
2016 $1,743 $389,700 $0 $0
2015 $1,743 $389,700 $87,500 $302,200
2012 -- $445,800 $90,000 $355,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Eller

    Mtn Prop. of the High Country

    (828) 302-1262

    1 in this area

    25 Total Sales

    Michael Eller
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 175860

High Country Association of REALTORS®

APN: 1859-00-66-2989-00000

North Carolina Avery County Banner Elk 28604

787 Fox Meadow Rd, Banner Elk, NC

This home is located at 787 Fox Meadow Rd, Banner Elk, NC 28604 since 10 November 2012 and is currently estimated at $864,667, approximately $305 per square foot. This property was built in 1991. 787 Fox Meadow Rd is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County 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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