NOT LISTED FOR SALE

90 Shanty Springs Rd Banner Elk, NC 28604

Estimated Value: $608,000 - $1,013,000

3 Beds
2 Baths
1,588 Sq Ft
$471/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $249,290 $157 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $4,315/month

12 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Cottage
  • Banner Elk Elementary School Rated A-
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

As of October 2016

Excellent Location! Property is bordered by Shanty Springs, a gorgeous flowing spring, fed from Grandfather Mountain; large boulders and water falls and walking distance to the Profile Trail. The beautiful log cabin was a builder's personal home, exceptional details throughout including built-ins, superior wall foundation system and exposed peg log beams. Built in 2001, the cabin has 3 bedrooms and 2 full bathrooms, cathedral ceilings, wood burning stack stone fireplace, tongue and grove ceiling and walls, stainless steel appliances and gorgeous granite. Never rented and in excellent, move-in ready condition. The cabin has a large covered front porch and a full back deck partially covered with a tongue and grove cathedral ceiling. Professionally landscaped with a beautiful rock water fountain. Easy ground level entry, master bedroom on first floor. Minutes from Sugar Mountain, Hawksnest, Grandfather Mountain, Grandfather Winery and Lowes Foods.

Last Agent to Sell the Property

Susan Ayers

Clickit Realty Listed on: 08/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 2001

Lot Details

  • 0.36 Acre Lot
  • Home fronts a stream
  • Wooded Lot

HOA Fees

  • $129 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,588 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Adams Apple Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18670276257300000

Home Details

Home Type

Single Family

Est. Annual Taxes

$800

Year Built

Built in 2001

Lot Details

0

HOA Fees

$129 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Subdivision Name: Adams Apple
  • Above Grade Finished Sq Ft: 1588.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1588.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Open
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Other, See Remarks
  • Utilities: Cable Available
  • Water Source: Other, See Remarks

Condo/Co-op/Association

  • Association Fee: 129.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 18670276257300000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 800.0
  • Tax Book Number: 463/1520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2017
Sold by
Stikelleather James Thomas and Stikelleather Wisdom Highfill
Bought by
Stikelleather Investments Llc
Current Estimated Value
$747,333

Purchase Details

Listed on
Aug 30, 2016
Closed on
Oct 27, 2016
Sold by
Adkins Mark R
Bought by
Starnes Jonathan L and Starnes Lori I
Seller's Agent
Susan Ayers
Clickit Realty
List Price
$249,290
Sold Price
$249,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Original Mortgage
$224,361
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2016
Closed on
Oct 11, 2016
Sold by
Starnes Jonathan L and Starnes Lori I
Bought by
Stikeleather James Thomas and Wisdom Highfill Stikeleather Revocable L
Seller's Agent
Susan Ayers
Clickit Realty
List Price
$249,290
Sold Price
$249,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,361
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2012
Closed on
May 30, 2012
Sold by
Us Bank Na
Bought by
Starnes Jonathan L and Starnes Lori I
Seller's Agent
Jason Eldreth
A PLUS Realty
List Price
$182,051
Sold Price
$182,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$154,700
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2012
Sold by
Martin Lloyd and Sullivan Oliv
Bought by
Us Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stikelleather Investments Llc -- None Available
Starnes Jonathan L $100,000 Attorney
Stikeleather James Thomas $249,500 Attorney
Starnes Jonathan L $182,000 None Available
Us Bank Na $136,000 None Available
Us Bank National Association $136,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stikeleather James Thomas $224,361
Previous Owner Starnes Jonathan L $154,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2016 10/11/16 Sold $249,290 0.0% $157 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $249,290 +36.9% $157 / Sq Ft
06/12/2012 06/12/12 Sold $182,051 0.0% $114 / Sq Ft View Prior Sale
05/13/2012 05/13/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $182,051 -- $114 / 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 $2,963 $740,700 $150,000 $590,700
2023 $2,768 $692,000 $150,000 $542,000
2022 $1,564 $369,600 $11,000 $358,600
2021 $1,372 $235,900 $11,000 $224,900
2020 $2,803 $509,600 $125,000 $384,600
2019 $2,803 $509,600 $125,000 $384,600
2018 $2,803 $509,600 $125,000 $384,600
2017 $988 $179,700 $0 $0
2016 $804 $179,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 39204367

High Country Association of REALTORS®

APN: 18670276257300000