NOT LISTED FOR SALE

893 Brown Trout Rd Banner Elk, NC 28604

Estimated Value: $326,742 - $383,000

2 Beds
1 Bath
890 Sq Ft
$409/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $125,000 $140 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $1,984/month

Highlights

  • Mountain View
  • Wood Burning Stove
  • Attic
  • Valle Crucis Elementary School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of May 2016

For the buyer looking for a remote get away, this is it. Rustic cabin sits high atop mountain ridge with long range views. Entire home interior made of rough sawed pine. Cabin has two bedrooms, loft with additional sleeping area, 1 bath, living area with wood stove for providing heat on those chilly nights. Cabin has large wrap around deck perfect for taking in the clean mountain fresh air.

Last Agent to Sell the Property

Hulbert & Buchanan Team

Premier Sotheby's Int'l Realty Listed on: 07/31/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $542

Year Built

  • Built in 1976

Lot Details

  • 0.55 Acre Lot
  • Property fronts a private road

Home Design

  • Traditional Architecture
  • Mountain Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 890 Sq Ft Home
  • Wood Burning Stove
  • Double Pane Windows
  • Mountain Views
  • Electric Cooktop
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Wrap Around Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Heating Available
  • Private Water Source
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878-18-0911-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$542

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 890.0
  • Architectural Style: Mountain, Traditional
  • Garage Yn: No
  • Year Built: 1976
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space, Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Attic
  • Living Area: 890.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Shake Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement, Slab
  • Patio And Porch Features: Open, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Heating: Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878-18-0911-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 542.0
  • Tax Book Number: 1594/783

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2015
Closed on
Apr 20, 2016
Sold by
First Citizens Bank And Trust Company
Bought by
Jacobs Travis L
Seller's Agent
Hulbert & Buchanan Team
Premier Sotheby's Int'l Realty
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$363,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,686
Avg. Annual Appreciation
11.96%
Original Mortgage
$125,000
Outstanding Balance
$99,011
Interest Rate
3.59%
Mortgage Type
VA
Estimated Equity
$264,675

Purchase Details

Closed on
Oct 5, 2011
Sold by
First Citizens Bank And Trust Co
Bought by
First Citizens Bank And Trust Co

Purchase Details

Closed on
Apr 19, 2007
Sold by
Hobbs Bernice Milton and Hobbs Mitlon B
Bought by
Hobbs Bernice Milton and The Hobbs Family Revocable Trust
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
Jacobs Travis L $125,000 Attorney
First Citizens Bank And Trust Co -- None Available
Hobbs Bernice Milton -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Travis L $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2016 05/03/16 Sold $125,000 0.0% $140 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
07/31/2015 07/31/15 For Sale $125,000 -- $140 / 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 $739 $172,800 $31,700 $141,100
2023 $716 $172,800 $31,700 $141,100
2022 $716 $172,800 $31,700 $141,100
2021 $590 $112,600 $24,400 $88,200
2020 $590 $112,600 $24,400 $88,200
2019 $590 $112,600 $24,400 $88,200
2018 $534 $112,600 $24,400 $88,200
2017 $534 $112,600 $24,400 $88,200
2013 -- $110,300 $20,300 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 193289

High Country Association of REALTORS®

APN: 1878-18-0911-000