NOT LISTED FOR SALE

83 Meadow Ave Banner Elk, NC 28604

Estimated Value: $271,641 - $443,000

3 Beds
1.5 Baths
1,322 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 07, 2014

Last sale price $87,400 $66 Per Sq Ft

Est. 330% increase in value since last sale

Current estimated payment $2,050/month

Highlights

  • Wooded Lot
  • Mountain Architecture
  • Stone Fireplace
  • Banner Elk Elementary School Rated A-
  • Baseboard Heating

About This Home

As of August 2014

Quaint Mountain Cottage with large deck, cathedral ceilings and a beautiful stone fireplace. Contently located to fine dinning, skiing, shopping and much, much more makes this lovely home perfect for your weekend getaway. One bedroom on main and 2 additional on second level. Home approved for Homepath Mortgage and Homepath Renovation Mortgage.

Last Agent to Sell the Property

Michael Eller

Mtn Prop. of the High Country Listed on: 11/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $526

Year Built

  • Built in 1977

Lot Details

  • 0.48 Acre Lot
  • Wooded Lot

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,322 Sq Ft Home
  • Stone Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Banner Elk Elementary School

Utilities

  • Radiant Heating System
  • Baseboard Heating
  • Shared Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 18470117879300000

Home Details

Home Type

Single Family

Est. Annual Taxes

$526

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Above Grade Finished Sq Ft: 1322.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20

Interior Features

  • Appliances: Exhaust Fan, Electric Range, Refrigerator
  • Has Basement: Crawl Space, None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1322.0

Exterior Features

  • Lot Features: Wooded
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Shared Well

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 18470117879300000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 526.0
  • Tax Book Number: 429/243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2020
Sold by
Rembert Thomas Mayes and Rembert Amanda Abernethy
Bought by
Hannah Michael B
Current Estimated Value
$375,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,047
Outstanding Balance
$141,133
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$234,277

Purchase Details

Listed on
Nov 20, 2013
Closed on
Aug 5, 2014
Sold by
Fannie Mae
Bought by
Mayes Rembert Iv Thomas and Abernethy Rembert Amanda
Seller's Agent
Michael Eller
Mtn Prop. of the High Country
List Price
$87,400
Sold Price
$87,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$90,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2013
Sold by
Firtz Karen O and Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 2006
Sold by
Shaw Nathaniel B and Shaw Liza M
Bought by
Fritz Karen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hannah Michael B $163,000 None Available
Mayes Rembert Iv Thomas -- None Available
Federal National Mortgage Association $174,728 None Available
Fritz Karen O $199,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannah Michael B $160,047
Previous Owner Mayes Rembert Iv Thomas $90,000
Previous Owner Fritz Karen O $159,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2014 08/07/14 Sold $87,400 0.0% $66 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $87,400 -- $66 / 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 $718 $179,500 $25,000 $154,500
2023 $718 $179,500 $25,000 $154,500
2022 $718 $179,500 $25,000 $154,500
2021 $772 $140,300 $25,000 $115,300
2020 $772 $140,300 $25,000 $115,300
2019 $772 $140,300 $25,000 $115,300
2018 $772 $140,300 $25,000 $115,300
2017 $732 $133,000 $0 $0
2016 $595 $133,000 $0 $0
2015 $595 $133,000 $25,000 $108,000
2012 -- $172,600 $40,000 $132,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 182261

High Country Association of REALTORS®

APN: 1847-01-17-8793-00000