NOT LISTED FOR SALE

934 Elk Hill Rd Banner Elk, NC 28604

Estimated Value: $982,000 - $1,113,981

4 Beds
2 Baths
3,168 Sq Ft
$333/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $400,000 $126 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $5,934/month

Highlights

  • 3 Acre Lot
  • Pasture Views
  • Furnished
  • Valle Crucis Elementary School Rated A-
  • Wood Burning Stove
  • Covered Patio or Porch

About This Home

As of December 2018

Amazing long range 360 degree views 5 mintues to downtown. Log home that needs a little love, but has 3 beautiful acres. Large Flat front yard. Permitted for 4 bedrooms but set up as 5 bedroom 2 full bath. Open floor plan with huge potential for rental income . Located in the Elk Hill Subdivision

Last Agent to Sell the Property

Zoe Schmidinger

The Summit Group Of The Carolinas Listed on: 06/10/2018

Last Buyer's Agent

Benjamin Ray

Client First Of The High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,891

Year Built

  • Built in 1986

Lot Details

  • 3 Acre Lot
  • Property fronts a private road
  • Zoning described as Residential,Subdivision

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Gravel Driveway

Property Views

  • Pasture
  • Mountain

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stone

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Pull Down Stairs to Attic
  • Unfinished Basement

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • 220 Volts
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • Otherseeremarks Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1869-26-3625-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,891

Year Built

Built in 1986

Lot Details

0

HOA Fees

$25 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: OtherSeeRemarks
  • Above Grade Finished Sq Ft: 3168.0
  • Architectural Style: Log Home
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Cooktop, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: One, Other, See Remarks, Wood Burning, Insert, Wood BurningStove
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, Pull Down Attic Stairs
  • Living Area: 3168.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s), Pasture
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Stone
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Basement, Driveway, Garage, One Car Garage, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Propane, Oil
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Private Sewer, Septic Permit 4 Bedroom
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1869-26-3625-000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1891.0
  • Tax Book Number: 502/233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2018
Closed on
Dec 5, 2018
Sold by
Milner Mary Jane and Estate Of David R Cole
Bought by
Osogwin Michael J and Osogwin Jennifer L
Seller's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
Buyer's Agent
Benjamin Ray
Client First Of The High Country
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$1,054,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,745
Avg. Annual Appreciation
15.33%
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
Osogwin Michael J $400,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $400,000 0.0% $126 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $400,000 -- $126 / 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 $3,538 $933,400 $232,000 $701,400
2023 $3,515 $933,400 $232,000 $701,400
2022 $3,515 $933,400 $232,000 $701,400
2021 $2,116 $449,500 $100,000 $349,500
2020 $2,116 $449,500 $100,000 $349,500
2019 $2,116 $449,500 $100,000 $349,500
2018 $1,891 $449,500 $100,000 $349,500
2017 $1,891 $449,500 $100,000 $349,500
2013 -- $410,100 $75,000 $335,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 208266

High Country Association of REALTORS®

APN: 1869-26-3625-000