799 Farm Loop Rd Banner Elk, NC 28604
Estimated Value: $1,536,000 - $1,875,000
4
Beds
5.5
Baths
4,341
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- Equestrian Center
- Gated Community
- Mountain Architecture
- Banner Elk Elementary School Rated A-
- Mountain View
- Attic
About This Home
As of February 2020RECENTLY UPDATED Incredible Mountain Estate! FORMER CUSTOM BUILDER'S PERSONAL HOME! You'll love the seamless living between indoors/outdoors. Covered front porch, side porch and rear covered outdoor patio, built-in grill and fireplace. Relax by the waterfall. Reveal you inner chef while cooking in the open eat-in kitchen that overlooks the backyard and waterfall. Entertain in the adjacent formal dining room. The expansive Owner's suite, with sitting room and stone fireplace is on the main level tucked on the side of the home master bath with heated slate floors. The family room is centered in between the front covered porch and rear covered patio. Upstairs is a 2nd Owner's suite complete w/ en-suite bath and a finished attic space. Upstairs, are two more bedrooms, one with an en-suite bath and a hall bath. Game day, movie night or streaming your favorite show is a breeze in the lower level home theater! Plenty of storage in the over sized 2 car garage. Full home generator with two underground propane tanks. Don't miss the custom built tree house! Near community field and pond! Located within Banner Elk City limits Banner Elk Tax 2019 is $6,027.84 and Avery 2019 is $5,920.20
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,948
Year Built
- Built in 2003
Lot Details
- 0.87 Acre Lot
- Property fronts a private road
- Zoning described as Deed Restrictions,Residential,Subdivision
HOA Fees
- $142 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Mountain Architecture
- Farmhouse Style Home
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
- Shake Siding
- Stone
Interior Spaces
- 3-Story Property
- 3 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Double Pane Windows
- Mountain Views
- Partially Finished Basement
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Gas Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Banner Elk Elementary School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Private Water Source
- Well
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Covered patio or porch
- Equestrian Center
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number 1858-07-58-7051-00000
Community Details
Overview
- The Farm At Banner Elk Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2019
Closed on
Feb 7, 2020
Sold by
Greco Salvatore S and Greco Christina
Bought by
Smith Jeffrey Lynn and Smith Jeannie
Seller's Agent
Tricia Holloway
Engel & Volkers Banner Elk
Buyer's Agent
Jim Fitzpatrick
Peak Real Estate Llc
List Price
$830,000
Sold Price
$830,000
Total Days on Market
225
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
$851,581
Avg. Annual Appreciation
16.68%
Purchase Details
Closed on
Mar 4, 2011
Sold by
Lehmann Paul A and Lehmann Fabiana P
Bought by
Greco Salvatore S and Greco Christina
Create a Home Valuation Report for This Property
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Similar Homes in Banner Elk, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Jeffrey Lynn | $830,000 | None Available | |
| Greco Salvatore S | $900,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lehmann Paul | $260,000 | |
| Previous Owner | Lehmann Paul A | $700,000 | |
| Closed | Greco Salvatore S | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2020 02/14/20 | Sold | $830,000 | 0.0% | $191 / Sq Ft |
| 01/15/2020 01/15/20 | Pending | -- | -- | -- |
| 06/03/2019 06/03/19 | For Sale | $830,000 | -- | $191 / 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 |
|---|---|---|---|---|
| 2023 | $4,706 | $1,176,400 | $125,000 | $1,051,400 |
| 2022 | $4,706 | $1,176,400 | $125,000 | $1,051,400 |
| 2021 | $5,920 | $1,076,400 | $185,000 | $891,400 |
| 2020 | $11,948 | $1,076,400 | $185,000 | $891,400 |
| 2019 | $11,948 | $1,076,400 | $185,000 | $891,400 |
| 2018 | $5,920 | $1,076,400 | $185,000 | $891,400 |
| 2017 | $10,022 | $886,900 | $0 | $0 |
| 2016 | $3,966 | $886,900 | $0 | $0 |
| 2015 | $3,966 | $886,900 | $75,000 | $811,900 |
| 2012 | -- | $1,182,800 | $198,000 | $984,800 |
Source: Public Records
Agents Affiliated with this Home
-
Tricia Holloway
Seller's Agent in 2020
Tricia Holloway
Engel & Volkers Banner Elk
(561) 202-5003
39 in this area
49 Total Sales
-
Jim Fitzpatrick
Buyer's Agent in 2020
Jim Fitzpatrick
Peak Real Estate Llc
(828) 898-3257
17 in this area
98 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 214924
APN: 1858-07-58-7051-00000
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