NOT LISTED FOR SALE

875 Main St W Banner Elk, NC 28604

Estimated Value: $1,041,783 - $1,042,000

1 Bed
1 Bath
5,438 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 875 Main St W, Banner Elk, NC 28604 and is currently estimated at $1,041,892, approximately $191 per square foot. 875 Main St W is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Avery County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
The Inn At Elk River Llc
Bought by
Darmo Llc
Current Estimated Value
$1,041,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,750
Outstanding Balance
$345,560
Interest Rate
2.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$696,332
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

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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
Darmo Llc $729,000 None Available
Danno Llc $729,000 Lawyers Tricity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danno Llc $546,750
Closed Danno Llc $546,750
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 $2,910 $727,500 $440,300 $287,200
2023 $2,910 $727,500 $440,300 $287,200
2022 $0 $727,500 $440,300 $287,200
2021 $2,814 $511,700 $246,500 $265,200
2020 $5,680 $511,700 $246,500 $265,200
2019 $5,680 $511,700 $246,500 $265,200
2018 $2,814 $511,700 $246,500 $265,200
2017 $6,221 $550,500 $0 $0
2016 $2,462 $550,500 $0 $0
2015 $2,462 $550,500 $246,500 $304,000
2012 -- $680,500 $324,300 $356,200
Source: Public Records

Map

North Carolina Avery County Banner Elk 28604

875 Main St W, Banner Elk, NC

This home is located at 875 Main St W, Banner Elk, NC 28604 and is currently estimated at $1,041,892, approximately $191 per square foot. 875 Main St W is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Avery County High School.

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