NOT LISTED FOR SALE

361 Great Sky Dr Banner Elk, NC 28604

Estimated Value: $717,000 - $1,036,000

4 Beds
4 Baths
4,238 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $990,000 $234 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,409/month

127 Days on Market

Highlights

  • Mountain View
  • Mountain Architecture
  • Covered patio or porch
  • Valle Crucis Elementary School Rated A-
  • 2 Fireplaces
  • Multiple cooling system units

About This Home

As of February 2024

Tremendous views form this new construction slated for completion in spring 2024. Featuring tongue & groove cathedral ceilings, hardwood floors, expansive windows to, multiple large decks for entertaining, and four bedrooms situated to allow enjoyment of the endless views of the surrounding mountains. The home will be fitted with all high-end appliances, hard wood floors, granite countertops, tiled showers and more. The contractor/owner is committed to finishing construction within 4 months of an accepted contract.

Last Listed By

Steve Lambert

Elk Valley Properties Brokerage Phone: 828-898-7979 Listed on: 10/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $765

Year Built

  • Built in 2023

Lot Details

  • 4.06 Acre Lot
  • Property fronts a private road

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Mountain Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Induction Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Sewer Applied For Permit
  • High Speed Internet

Community Details

  • Monteagle Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 21
  • Assessor Parcel Number 1869-19-9556-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$765

Year Built

Built in 2023

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.06
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Monteagle
  • Above Grade Finished Sq Ft: 2119.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2023
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-898-7979
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Induction Cooktop, Microwave, Refrigerator, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2119.0
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 4238.0
  • Stories: 2

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1869-19-9556-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 765.0
  • Tax Book Number: 2122/879
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
Feb 20, 2024
Sold by
Kish Gabor and Kish Renee
Bought by
Blume Craig D and Visser Melanie L
Seller's Agent
Steve Lambert
Elk Valley Properties
Buyer's Agent
Eric Gamble
Corcoran HM Properties
List Price
$1,395,000
Sold Price
$990,000
Premium/Discount to List
-$405,000
-29.03%
Total Days on Market
127
Views
82
Current Estimated Value
$933,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,905
Avg. Annual Appreciation
-4.89%
Original Mortgage
$792,000
Outstanding Balance
$784,066
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$149,029

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
Blume Craig D $990,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blume Craig D $792,000
Previous Owner Kish Gabriel $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $990,000 -17.2% $234 / Sq Ft
01/17/2024 01/17/24 Price Changed $1,195,000 -14.3% $282 / Sq Ft
10/16/2023 10/16/23 For Sale $1,395,000 -- $329 / 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 $1,732 $470,600 $152,100 $318,500
2023 $560 $152,100 $152,100 $0
2022 $560 $152,100 $152,100 $0
2021 $627 $138,300 $138,300 $0
Source: Public Records

Agents Affiliated with this Home

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Source: High Country Association of REALTORS®

MLS Number: 246378

High Country Association of REALTORS®

APN: 1869-19-9556-000