NOT LISTED FOR SALE

8803 Nc Highway 194 S Banner Elk, NC 28604

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

2 Beds
2 Baths
3,900 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $560,000 $144 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,281/month

164 Days on Market

Highlights

  • 16.73 Acre Lot
  • Creek or Stream View
  • 1 Fireplace
  • Valle Crucis Elementary School Rated A-
  • Wooded Lot
  • 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 License #303442 Listed on: 05/20/2014

Last Buyer's Agent

Allen Yates

Allen Yates Realty License #303442 Listed on: 05/20/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,334

Year Built

  • Built in 2008

Lot Details

  • 16.73 Acre Lot
  • Wooded Lot
  • Property is in below average condition

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Log Cabin
  • Wood Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Flue

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • No Heating
  • Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1869441533000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,334

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Directions: From Boone take hwy 105 to right on Broadstone for 3 miles to a left on hwy 194 for about 5 miles to driveway and property on the left. From Banner Elk, take hwy 194 toward Valle Crucis after crossing into Watauga county the first driveway on the right.
  • Prop. Type: Residential
  • Year Built: 2008
  • Garage Garage Spaces: 3
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 16.73
  • General Property Description Zoning2: none
  • General Property Description Elementary School3: Valle Crucis
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Watauga High School
  • General Property Description Lot Dimensions: 16.73
  • General Property Description Home Warranty: No
  • General Property Description Parcel ID2: 1869441533000
  • General Property Description # Fireplaces: 1
  • General Property Description Stories2: 3
  • View Mountain(s): Yes
  • View CreekStream: Yes
  • Property Condition Poor: Yes
  • Fireplace Flue: Yes
  • Sewer Private Sewer: Yes
  • TopographyLot Description Wooded: Yes
  • Style Log3: Yes
  • Levels Three Or More: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Flue
  • Fireplaces: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 2

Exterior Features

  • Property Condition: Poor
  • Roof: Other, See Remarks
  • View: Mountain(s), Creek/Stream
  • Acres: 16.73
  • Topography: Wooded
  • Home Warranty: No
  • Construction Type: Wood Siding, Other, See Remarks
  • Exterior Finish Wood Siding: Yes

Garage/Parking

  • Parking Features: Attached, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: None
  • Sewer: Private Sewer
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Well
  • Heating:None7: Yes
  • Water Well: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga High School
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: none
  • Lot Dimensions: 16.73
  • Lot Size Sq Ft: 728758.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 1869441533000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1296

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
Allen Yates
Allen Yates Realty
List Price
$699,000
Sold Price
$560,000
Premium/Discount to List
-$139,000
-19.89%
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
6.81%
Source: Public Records

Range of Values:

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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
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 -19.9% $144 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $699,000 -- $179 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 348683

Tennessee/Virginia Regional MLS

APN: 1869-44-1533-000