NOT LISTED FOR SALE

7990 Hickory Nut Gap Rd Banner Elk, NC 28604

Estimated Value: $407,000 - $701,000

3 Beds
2 Baths
1,621 Sq Ft
$305/Sq Ft Est. Value

About This Home

This home is located at 7990 Hickory Nut Gap Rd, Banner Elk, NC 28604 and is currently estimated at $494,318, approximately $304 per square foot. 7990 Hickory Nut Gap Rd is a home with nearby schools including Banner Elk Elementary School, Avery Middle School, and Grandfather Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2005
Sold by
Burdick Bruce O and Burdick Linda H
Bought by
Greater Banner Elk Heritage Foundation
Current Estimated Value
$494,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$119,770
Interest Rate
5.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$374,548
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Greater Banner Elk Heritage Foundation $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greater Banner Elk Heritage Foundation $225,000
Source: Public Records

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 -- $227,300 $65,000 $162,300
2023 -- $227,300 $65,000 $162,300
2022 -- $227,300 $65,000 $162,300
2021 $0 $139,000 $55,000 $84,000
2020 $0 $139,000 $55,000 $84,000
2019 $0 $139,000 $55,000 $84,000
2018 $0 $139,000 $55,000 $84,000
2017 $0 $146,000 $0 $0
2016 $0 $146,000 $0 $0
2015 -- $146,000 $55,000 $91,000
2012 -- $199,800 $65,000 $134,800
Source: Public Records

Map

North Carolina Avery County Banner Elk 28604

7990 Hickory Nut Gap Rd, Banner Elk, NC

This home is located at 7990 Hickory Nut Gap Rd, Banner Elk, NC 28604 and is currently estimated at $494,318, approximately $304 per square foot. 7990 Hickory Nut Gap Rd is a home with nearby schools including Banner Elk Elementary School, Avery Middle School, and Grandfather Academy.

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.

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