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302 Lake Road

302 Lake Road, Banner Elk, NC 28604
House in Watauga
302 Lake Road in Banner Elk, NC was first built in 1971 and is 55 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 150 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 302 Lake Road has 2,552 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 22,216 square feet.

Learn more about the property and building on this page. The roof of the home is made of . Water for the property is sourced from system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 302 Lake Road was last sold in Mar 7, 2023 for $735,000. According to our calculations, that's $288.01 per sqft. Prior to that sales transaction, the property was sold for $564,500 in Oct 19, 2021. Current property owners are expected to pay $540,732 in taxes per year. The property on 302 Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $533,800. To break that down further, the land itself was valued at $27,200. While improvements to the property were assessed at a total of $506,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Exterior

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240530
05/30/2024
6 Bed
3.5 Bath
2616 ft²
$874,900
bedrooms
6 Bed
bathrooms
3.5 Bath
square feet
2616 ft²
-
-
Jonathan Lehman
Keller Williams - Lake Norman - Cornelius
20230214
02/14/2023
4 Bed
3 Bath
2600 ft²
$749,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2600 ft²
-
-
Cindy Giarrusso
Blue Ridge Realty & Inv. - Banner Elk
20210724
07/24/2021
4 Bed
3 Bath
2600 ft²
$579,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2600 ft²
-
-
Cindy Giarrusso
Blue Ridge Realty & Inv. - Banner Elk


Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,552
  • Building Area: 2,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,552
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CREEKRIDGE
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: R01
  • Legal Description 1: CREEKRIDGE 052

Neighborhood

  • School District Name: Watauga County Schools
  • Census Tract: 921000

Zoning

  • Zoning: BMR2

Geography

  • Account Number: 1845582
  • Parcel: 1950-04-7310-000
  • Municipality: LAUREL CREEK
  • Latitude: 36.201
  • Longitude: -81.8785

    Address

  • Full Address: 302 Lake Rd
  • Address - House Number: 302
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Beech Mountain
  • Carrier Code: R002
  • 4-Digit Zip Code: 8118
  • Zip Code: 28604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $540,732

    Appraisal Valuation

  • Standard Deviation: 0.2749
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 60
  • Final Value: 847,811
  • High Value: 1,080,901
  • Low Value: 614,721

    Market Valuation

  • Market Total Value: $533,800
  • Market Land Value: $27,200
  • Market Improvement Value: $506,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $533,800
  • Assessed Land Value: $27,200
  • Assessed Improvements Value: $506,600

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 729187
  • Previous Sale Recording Date: Oct 22, 2021
  • Previous Sale Contract Date: Oct 19, 2021
  • Previous Sale Amount: $564,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Beech Mountain



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Frequently Asked Questions

What neighborhood is 302 Lake Road located in?
The 302 Lake Road is a house located in the neighborhood of Watauga in Beech Mountain, Banner Elk.
What is the average sales price for listings in 302 Lake Road?
The average sales price for units in 302 Lake Road is $0 currently.