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331 Chestnut Mountain Road

331 Chestnut Mountain Road, Banner Elk, NC 28604
House in Watauga
331 Chestnut Mountain Road has been categorized by the local assessors in Banner Elk, NC as a type of property. The building on the property was first built in 2006 and is 20 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 175 stories. In addition, 331 Chestnut Mountain Road has 3,342 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a that is 789 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 68,825 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as . Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The roof of the building is made of . The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from system. 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, 331 Chestnut Mountain Road was last sold in Feb 3, 2023 for $925,000. According to our calculations, that's $276.78 per sqft. Prior to that sales transaction, the property was sold for $650,000 in Aug 9, 2019. Current property owners are expected to pay $252,205 in taxes per year. The property on 331 Chestnut Mountain Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $663,600. To break that down further, the land itself was valued at $54,200. While improvements to the property were assessed at a total of $609,400. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220607
06/07/2022
4 Bed
4.5 Bath
3575 ft²
$1,150,000
bedrooms
4 Bed
bathrooms
4.5 Bath
square feet
3575 ft²
-
-
Michael Parkinson
Keller Williams - Lake Norman - Cornelius
20201103
11/03/2020
Loft
-
-
$88,000
bedrooms
Loft
bathrooms
-
-
-
-
20190515
05/15/2019
Loft
-
-
$88,000
bedrooms
Loft
bathrooms
-
-
-
-
20180614
06/14/2018
4 Bed
5 Bath
3631 ft²
$899,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
3631 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: 3
  • Building Quality: 6
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 789
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 68,825
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,342
  • Building Area: 3,342
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,342
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHESTNUT HILL
  • Land Acres: 0000001580
  • Standard Land Use Code: 1001
  • County Land Use Code: R01
  • Legal Description 1: LOT 3 CHESTNUT HILL

Neighborhood

  • School District Name: Watauga County Schools
  • Census Tract: 930100

Geography

  • Account Number: 1802263
  • Parcel: 1869-86-0488-000
  • Lot: 3
  • Municipality: SHAWNEEHAW
  • Latitude: 36.1805
  • Longitude: -81.8188

    Address

  • Full Address: 331 Chestnut Mountain Rd
  • Address - House Number: 331
  • Address - Street Name: Chestnut Mountain
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Banner Elk
  • Zip Code: 28604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $252,205

    Appraisal Valuation

  • Standard Deviation: 0.2476
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 65
  • Final Value: 948,894
  • High Value: 1,183,862
  • Low Value: 713,925

    Market Valuation

  • Market Total Value: $663,600
  • Market Land Value: $54,200
  • Market Improvement Value: $609,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $663,600
  • Assessed Land Value: $54,200
  • Assessed Improvements Value: $609,400

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Feb 07, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 728384
  • Previous Sale Recording Date: Aug 12, 2019
  • Previous Sale Contract Date: Aug 09, 2019
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Watauga



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Frequently Asked Questions

What neighborhood is 331 Chestnut Mountain Road located in?
The 331 Chestnut Mountain Road is a house located in the neighborhood of Watauga in Watauga, Banner Elk.
What is the average sales price for listings in 331 Chestnut Mountain Road?
The average sales price for units in 331 Chestnut Mountain Road is $0 currently.