Seller's Agent in 2022
Richard Foster Ii
Elk River Realty
(828) 898-9777
80 in this area
82 Total Sales
925 Summit Park Dr Banner Elk, NC 28604
Estimated Value: $1,259,000 - $2,293,792
4
Beds
5.5
Baths
4,158
Sq Ft
$452/Sq Ft
Est. Value
Highlights
- Airport or Runway
- Golf Course Community
- Fitness Center
- Banner Elk Elementary School Rated A-
- Equestrian Center
- 24-Hour Security
About This Home
As of July 2022MOUNTAIN MAJESTIC Situated on 4.96 acres, this elegant four bedroom, five and one half bath home is an oasis of beauty. The great room includes fireplace, dining area and opens onto the spacious screened-in porch to enjoy beautiful mountain views. A bright and open morning room adjoins the gourmet kitchen and breakfast nook. The primary bedroom includes a fireplace and his/her baths with walk-in closets. Handsome den/study with custom cabinets is the perfect place to relax and get away. The upper level is ideal for guests with three bedrooms, each with its own bath. Custom features and improvements include: faux finished living room walls, new composite roof, and lovely enchanted garden. Located at one of Elk River's highest elevations, quality, elegance and attention to detail is displayed throughout. The Elk River Club is a luxurious community that encompasses 1200 acres of the Blue Ridge mountains. In addition to a Jack Nicklaus Signature golf course, members can enjoy the 50,000 square foot clubhouse, tennis, fitness, and equestrian centers plus pickleball and an on-site private jetport. Imagine your mountain home and you will find it at Elk River.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,956
Year Built
- Built in 2002
Lot Details
- 4.96 Acre Lot
- Property fronts a private road
HOA Fees
- $416 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Traditional Architecture
- Wood Frame Construction
- Wood Siding
Interior Spaces
- 4,158 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Stone Fireplace
- Gas Fireplace
- Double Pane Windows
- Window Screens
- Mountain Views
- Crawl Space
- Attic
Kitchen
- Built-In Oven
- Electric Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Stream or River on Lot
- Covered Patio or Porch
Schools
- Banner Elk Elementary School
- Avery County High School
Horse Facilities and Amenities
- Equestrian Center
Utilities
- Cooling System Powered By Gas
- Heating System Uses Gas
- Gas Water Heater
- Private Sewer
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number 1847-01-18-4857-00000
Community Details
Overview
- Elk River Subdivision
Amenities
- Airport or Runway
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Fitness Center
- Community Pool
Security
- 24-Hour Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Jul 20, 2022
Sold by
Gardner Alan B and Gardner Gwen M
Bought by
Hjr Holdings Llc
Seller's Agent
Richard Foster Ii
Elk River Realty
Buyer's Agent
Judy Nye
Premier Sotheby's International Realty- Banner Elk
List Price
$1,695,000
Sold Price
$1,625,000
Premium/Discount to List
-$70,000
-4.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,698
Avg. Annual Appreciation
4.64%
Purchase Details
Listed on
May 11, 2018
Closed on
Aug 21, 2019
Sold by
Hamrick Lora E and Lora E Hamrick 2008 Living Tru
Bought by
Gardner Alan B and Gardner Gwen M
Seller's Agent
Richard Foster Ii
Elk River Realty
Buyer's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
List Price
$1,250,000
Sold Price
$1,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Purchase Details
Closed on
Apr 1, 2008
Sold by
Hamrick Grant and Hamrick Lora
Bought by
Hamrick Grant L and Grant L Hamrick 2008 Living Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hjr Holdings Llc | $1,625,000 | Di Santi Capua & Garrett Pllc | |
| Gardner Alan B | $1,250,000 | None Available | |
| Hamrick Grant L | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $1,625,000 | -4.1% | $391 / Sq Ft | |
| 05/13/2022 05/13/22 | For Sale | $1,695,000 | +35.6% | $408 / Sq Ft | |
| 08/23/2019 08/23/19 | Sold | $1,250,000 | 0.0% | $308 / Sq Ft | View Prior Sale |
| 07/24/2019 07/24/19 | Pending | -- | -- | -- | |
| 05/11/2018 05/11/18 | For Sale | $1,250,000 | -- | $308 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $5,471 | $1,367,700 | $375,000 | $992,700 |
| 2023 | $5,471 | $1,367,700 | $375,000 | $992,700 |
| 2022 | $5,471 | $1,367,700 | $375,000 | $992,700 |
| 2021 | $4,956 | $901,000 | $150,000 | $751,000 |
| 2020 | $4,956 | $901,000 | $150,000 | $751,000 |
| 2019 | $4,956 | $901,000 | $150,000 | $751,000 |
| 2018 | $4,956 | $901,000 | $150,000 | $751,000 |
| 2017 | $5,139 | $934,400 | $0 | $0 |
| 2016 | $4,179 | $934,400 | $0 | $0 |
| 2015 | $4,179 | $934,400 | $150,000 | $784,400 |
| 2012 | -- | $1,252,600 | $300,000 | $952,600 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Foster Ii
-
Kylie Clark
Seller Co-Listing Agent in 2022
Kylie Clark
Elk River Realty
(828) 387-0222
81 in this area
81 Total Sales
-
Judy Nye
J
Buyer's Agent in 2022
Judy Nye
Premier Sotheby's International Realty- Banner Elk
(828) 260-2148
24 in this area
32 Total Sales
-
Karen Cleghorn
K
Buyer's Agent in 2019
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
(828) 737-3100
38 in this area
123 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 237413
APN: 1847-01-18-4857-00000
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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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