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36 Meadow Ave, Banner Elk, NC 28604

$680,000

Last sold 08/26/2022 for $525K

2
bed
3
bath
2,027
Sqft ($259/Sqft)

House not for sale

About 36 Meadow Ave

Property type House

Neighborhood

Year built 1986

HOA fee $83/month

Lot size 2.67 Acre

Movoto estimate

Rental estimate

Property description

Spacious mountain home situated on two large lots. Nestled in the woods in the desirable Mountain Meadows community, this home offers seclusion and privacy in a beautiful setting. When you step inside, your eyes are immediately drawn to the large picture windows that capture the magnificent long-range mountain views. Step out onto the large, open deck and be mesmerized even more by the incredible view. Main floor features a great room, kitchen, master bedroom and bath, two other sleeping rooms, and a Jack & Jill bath. A floor-to-ceiling wood-burning, stone fireplace is in the vaulted great room. Kitchen has been totally renovated and updated. Downstairs has a bunk room, game area, full bath, laundry room, and two-car garage. Foosball and ping pong tables convey. The seller has already enhanced the view with extensive tree trimming and clearing. Offered furnished with some exclusions. Circle, paved driveway allows for easy access and parking. Current owners use it as a second home and vacation rental property. Perfect forever home or investment property. Rental financials are available and impressive.

Listed by

Listing Agent - Todd Reeder

Listing Office - Century 21 Mountain Vistas

Source: High Country AOR

MLS#238212 • last updated 4 years ago

Movoto checked High Country AOR for data 4 hours ago

Overview
Cooling/AC	None, AtticFan
Heating	ForcedAir, Fireplaces, Oil, Other, SeeRemarks, Wood
Levels/Style	One, 1, Mountain
MLS #	238212
Living Area	2027
Subtype	Single Family Residence
Type	Residential
Status	Closed
Lot Size (Acres)	2.675
Prop Tax	1405.27
Year Built	1986
Building Area	2367
HOA Fee	Annually, 1000

Interior
Total # Bathrooms	3
# Full Baths	3
# Bedrooms	2
Basement	Partially Finished
Laundry	In Basement
Appliances	Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, Washer
Interior Features	Furnished
Fireplace	One, Stone, WoodBurning

Exterior
Roof	Asphalt, Shingle
Construction	Stone, WoodSiding, WoodFrame
Parking Desc	Asphalt, Attached, Basement, Driveway, Garage, TwoCarGarage
# Garage Spaces	2
Exterior Features	Fire Pit
Patio/ Porch	Covered, Open
Lot Desc	Many Trees

Amenities / Utilities
Utilities	CableAvailable, HighSpeedInternetAvailable
Sewer/ Septic	Septic Permit 2 Bedroom
Water Source	Private, Well

Location
View	LongRange, Mountains, TreesWoods
Area	8-Banner Elk
County	Avery
Community Features	LongTermRentalAllowed, ShortTermRentalAllowed
Subdivision	Mountain Meadows
Elementary School	Banner Elk
High School	Avery County
APN	1847-01-26-2399-00000
Zoning	Residential

Lot/ Land Details
Road Frontage	Private Road
Road Surface	Paved

$680K

Range: $448K-$911K

Last 30 days

Rental est.: $2,837/month

• Gross rent multiplier: 15.4

Lower your payment with the loan terms that fit you.

Aug 2022
Public Records
Aug 26, 2022 Sold
$525,000
Aug 2022
MLS # 238212
Aug 26, 2022 Sold
$525,000 (-10.9%)
Aug 1, 2022 Pending
—
Jul 10, 2022 Price Change
$589,000 (-1.7%)
Jun 18, 2022 Listed
$599,000 (+134.9%)
Jan 2020
Public Records
Jan 15, 2020 Sold
$255,000
Jan 2020
MLS # 218921
Jan 15, 2020 Sold
$255,000 (-7.3%)
Nov 13, 2019 Listed
$275,000

Year Property taxes Tax assessment
2024
$1,006

$251,600
2023
$1,006 -28.4%

$251,600
2021
$1,405 +7.6%

$251,600 +5.98%
2020
$1,306

$237,400
2019
$1,306

$237,400
2018
$1,306 +7.9%

$237,400 +7.91%
2017
$1,210 +23.0%

$220,000
2016
$984

$220,000
2015
$984

—

36 Meadow Ave
$525K
8-banner Elk
—
28604
$545K 0% y/y
Banner Elk
$949K +11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
406 Meadow Ave, Newland, NC 28657	$2,434,000	5/5	4,614	0.03
404 Meadow Ave, Newland, NC 28657	$531,000	3/2	1,608	0.03
364 Meadow Ave, Newland, NC 28657	$2,017,000	7/6	6,407	0.04
318 Meadow Ave, Newland, NC 28657	$921,600	4/4	3,560	0.05
447 Meadow Ave, Banner Elk, NC 28604	$1,010,000	4/3	3,608	0.08
440 Meadow Ave, Banner Elk, NC 28604	$785,000	4/4	1,762	0.08
130 Meadow Avenue Loop, Banner Elk, NC 28604	$708,000	3/2	2,094	0.09
299 Meadow Ave, Banner Elk, NC 28604	$646,000	2/3	2,656	0.1

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.