NOT LISTED FOR SALE

887 Broadstone Rd Banner Elk, NC 28604

Estimated Value: $460,917 - $499,000

3 Beds
1.5 Baths
1,174 Sq Ft
$406/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $325,000 $277 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,663/month

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System
  • Valle Crucis Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 1 Car Garage

About This Home

As of March 2022

This would make a great short term rental. A true Vintage Valle Crucis farm house overlooking the Watauga River. Built in 1900 with modern conveniences and gentle upgrades to keep the charm that this place had over 100 years ago. You will love the huge front porch and the sound of the Watauga River. A small stream bubbles on the edge of the property and a small barn for storage. It also has a underground root cellar and a nice rock wall behind the house. The 15 foot deeded river access will be great for fishing, rafting, or canoeing. This is truly a Valle Crucis gem with all the charm of days gone by. Just 2 miles to the Mast Store, the Valle Crucis park, and near downtown Boone.

Last Agent to Sell the Property

Allen Yates

Allen Yates Realty Listed on: 07/07/2021

Last Buyer's Agent

Chris Barr

Realty One Group Results

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,085

Year Built

  • Built in 1900

Lot Details

  • 0.89 Acre Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Mountain Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,174 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1889693517

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,085

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.89
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1174.0
  • Architectural Style: Farmhouse, Mountain, Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1174.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Driveway, Detached, Garage, One Car Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Oil
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1889693517
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1085.21
  • Tax Book Number: 1250/6
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Feb 5, 2022
Sold by
Peacock Brian R and Peacock Dede P
Bought by
Wayman Patrick Neal and Wayman Lisa A
Seller's Agent
Allen Yates
Allen Yates Realty
Buyer's Agent
Chris Barr
Realty One Group Results
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$477,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,229
Avg. Annual Appreciation
11.26%
Original Mortgage
$308,750
Outstanding Balance
$287,955
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$189,274

Purchase Details

Closed on
Jan 2, 2007
Sold by
Corey Shawn and Corey Diana
Bought by
Peacock Brian R and Peacock Dede P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
6.1%
Mortgage Type
New Conventional
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
Wayman Patrick Neal $325,000 Dustin N Stacy Pllc
Peacock Brian R $229,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wayman Patrick Neal $308,750
Previous Owner Peacock Brian R $217,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $325,000 0.0% $277 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
07/07/2021 07/07/21 For Sale $325,000 -- $277 / 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 $1,592 $404,700 $40,900 $363,800
2023 $1,569 $404,700 $40,900 $363,800
2022 $1,569 $404,700 $40,900 $363,800
2021 $1,085 $221,900 $74,300 $147,600
2020 $1,085 $221,900 $74,300 $147,600
2019 $1,085 $221,900 $74,300 $147,600
2018 $974 $221,900 $74,300 $147,600
2017 $974 $221,900 $74,300 $147,600
2013 -- $234,000 $74,300 $159,700
Source: Public Records

Agents Affiliated with this Home

  • Allen Yates

    Seller's Agent in 2022

    Allen Yates

    Allen Yates Realty

    (828) 264-5960

    15 in this area

    58 Total Sales

    Allen Yates
    Section Image
  • Chris Barr

    Buyer's Agent in 2022

    Chris Barr

    Realty One Group Results

    (336) 977-2060

    2 in this area

    557 Total Sales

    Chris Barr
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 231671

High Country Association of REALTORS®

APN: 1889-69-3517-000

North Carolina Watauga County Banner Elk 28604

887 Broadstone Rd, Banner Elk, NC

This home is located at 887 Broadstone Rd, Banner Elk, NC 28604 since 07 July 2021 and is currently estimated at $477,229, approximately $406 per square foot. This property was built in 1900. 887 Broadstone Rd is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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