NOT LISTED FOR SALE

8803 Nc Highway 194 S Banner Elk, NC 28604

Estimated Value: $684,000 - $1,560,000

2 Beds
2 Baths
2,300 Sq Ft
$497/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $560,000 $243 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,281/month

Highlights

  • Home fronts a pond
  • 16.73 Acre Lot
  • 1 Fireplace
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Log Cabin

About This Home

As of December 2014

This property is a diamond in the rough. Sitting on almost 17 acres this place is amazing. It has 3 ponds that are naturally spring feed and the natural setting around the house is just what you have been looking for. The house needs to be completed. It was started as a new construction in 2008 and was never completed. It has 12 inch D log siding, 2 garages plus an RV garage. After you go up the steps to the first floor you open up to a huge timber framed setting that is already wired, and is waiting for you to put the finishing touches on the interior. Estimates for completion will be available soon so you can see what the total package would be as you would want it finished. Or you can have your own contractor price this for you. This is a rare find so close to Banner Elk and close to Valle Crucis. The setting is truly awesome. The property has 2 more septic permits for additional homes if desired. The well is in as well as the septic tank and drain field. Don't miss this one

Last Agent to Sell the Property

Allen Yates

Allen Yates Realty Listed on: 05/20/2014

Co-Listed By

Marsha McManus

The Summit Group Of The Carolinas

Last Buyer's Agent

Nena Alsaker

Don't Use****Keller Williams HIGH Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $824

Year Built

  • Built in 2008

Lot Details

  • 16.73 Acre Lot
  • Home fronts a pond
  • Home fronts a stream

Home Design

  • Log Cabin
  • Wood Siding
  • Log Siding
  • Stone Veneer

Interior Spaces

  • 2,300 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Garage
  • Basement Garage
  • Private Parking
  • Gravel Driveway

Schools

  • Valle Crucis Elementary School

Utilities

  • Private Water Source
  • Well
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 186944153300

Home Details

Home Type

Single Family

Est. Annual Taxes

$824

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 16.73
  • Road Surface Type: Paved
  • Co List Office Mls Id: 304
  • Co List Office Phone: (828) 898-3500
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Log Home
  • Garage Yn: Yes
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Other, See Remarks
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2300.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Pond, Stream
  • Home Warranty: No
  • Construction Type: Log Siding, Stone Veneer, Wood Siding
  • Exterior Features: Gravel Driveway
  • Roof: Other, See Remarks

Garage/Parking

  • Parking Features: Basement, Driveway, Garage, Gravel, Private, Three or more Spaces

Utilities

  • Heating: Other, See Remarks
  • Sewer: Other, Private Sewer, Septic Permit 3 Bedroom, See Remarks
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 186944153300
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 824.01
  • Tax Book Number: 1296/224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2014
Closed on
Dec 1, 2014
Sold by
Sperry Betty Scherr and Wagner James William
Bought by
Roychoudhury Ashok and Roychoudhury Dorothy L
Seller's Agent
Allen Yates
Allen Yates Realty
Buyer's Agent
Nena Alsaker
Don't Use****Keller Williams HIGH Country
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$1,143,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,444
Avg. Annual Appreciation
6.80%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Roychoudhury Ashok $560,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $560,000 0.0% $243 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $560,000 -- $243 / 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 $2,334 $606,400 $173,200 $433,200
2023 $2,298 $606,400 $173,200 $433,200
2022 $2,298 $602,700 $173,200 $429,500
2021 $0 $491,900 $133,200 $358,700
2020 $2,308 $491,900 $133,200 $358,700
2019 $2,308 $491,900 $133,200 $358,700
2018 $2,062 $491,900 $133,200 $358,700
2017 $2,062 $491,900 $133,200 $358,700
2013 -- $227,000 $127,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 185096

High Country Association of REALTORS®

APN: 1869-44-1533-000