NOT LISTED FOR SALE

831 Edgar Tufts Rd Banner Elk, NC 28604

Estimated Value: $437,000 - $908,000

4 Beds
4 Baths
2,920 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $499,000 $171 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,454/month

2 Days on Market

Highlights

  • Second Kitchen
  • 2.66 Acre Lot
  • Seasonal View
  • Banner Elk Elementary School Rated A-
  • Wood Burning Stove
  • Mountain Architecture

About This Home

As of July 2024

Welcome to your dream home nestled on 2.66 acres just outside of Banner Elk. This 4 bed, 2/2 bath residence offers a unique blend of rustic charm and exciting potential, perfect for those looking to add personal touches and build sweat equity. Step inside to discover the beautiful oak hardwood floors that flow throughout the bright and open living area, creating a warm and inviting atmosphere. The spacious layout of the main level is ideal for gatherings and entertaining guests. Large windows fill the living room and kitchen with natural light, and the billiards room is perfect for game nights. Relax and unwind on the peaceful covered front porch, complete with a charming waterfall feature that adds a touch of tranquility to your mornings and evenings. Downstairs, the separate living area offers endless possibilities. Whether you envision a guest suite or home office, this space provides flexibility to meet your needs. Outside, the expansive acreage is great for nature lovers and outdoor enthusiasts with a large grassy lawn that offers ample space for gardening and recreation. While the house retains its original charm, it presents a wonderful opportunity for updating and customization. Imagine transforming this classic home with modern amenities and your personal style, making it uniquely yours. **New roof in 2021 **New well pump, pressure tank and water heater **Septic Permit request has been sent to Avery County Health Department, they are in the process of getting the permit.

Last Agent to Sell the Property

James Canterbury

The Summit Group Of The Carolinas Brokerage Phone: (828) 898-3500 Listed on: 05/22/2024

Co-Listed By

Marsha McManus

The Summit Group Of The Carolinas Brokerage Phone: (828) 898-3500

Last Buyer's Agent

James Canterbury

The Summit Group Of The Carolinas Brokerage Phone: (828) 898-3500 Listed on: 05/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1972

Lot Details

  • 2.66 Acre Lot
  • Southern Exposure

Parking

  • 2 Car Garage
  • Oversized Parking
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Shake Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Seasonal Views
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Second Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1849-00-73-4064

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,406

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.66
  • Road Surface Type: Paved
  • Co List Office Mls Id: 304
  • Co List Office Phone: (828) 898-3500
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1460.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 898-3500
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1460.0
  • Fireplace Features: Two, Masonry, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Furnished, Second Kitchen
  • Living Area: 2920.0
  • Stories: 2

Exterior Features

  • View: Seasonal View, Southern Exposure
  • Home Warranty: No
  • Construction Type: Cedar, Shake Siding, Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Patio And Porch Features: Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Two Car Garage, Gravel, Oversized, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Wood Stove
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1849-00-73-4064
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1406.01
  • Tax Book Number: 288/289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 27, 2024
Sold by
Lafone Noel Kimm
Bought by
Lieberman Brian and Lieberman Zachary
Seller's Agent
James Canterbury
The Summit Group Of The Carolinas
Buyer's Agent
James Canterbury
The Summit Group Of The Carolinas
List Price
$550,000
Sold Price
$499,000
Premium/Discount to List
-$51,000
-9.27%
Views
5
Current Estimated Value
$623,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,260
Avg. Annual Appreciation
20.93%
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
Lieberman Brian $499,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lafone Noel Kimm $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $499,000 -9.3% $171 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $550,000 -- $188 / 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 $784 $325,200 $82,900 $242,300
2023 $784 $351,500 $82,900 $268,600
2022 $1,406 $351,500 $82,900 $268,600
2021 $1,095 $199,000 $44,200 $154,800
2020 $1,095 $199,000 $44,200 $154,800
2019 $1,095 $199,000 $44,200 $154,800
2018 $1,095 $199,000 $44,200 $154,800
2017 $1,293 $235,100 $0 $0
2016 $1,051 $235,100 $0 $0
2015 $1,051 $235,100 $66,800 $168,300
2012 -- $287,600 $69,500 $218,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 249816

High Country Association of REALTORS®

APN: 1849-00-73-4064-00000