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433 Old Shulls Farm Road

433 Old Shulls Farm Road, Banner Elk, NC 28604
Property in Watauga
Sold Feb 10, 2006
$1,300,000
$567,500 by Phh Mortgage Services Corp
Mortgage Due Mar 01, 2036
433 Old Shulls Farm Road in Banner Elk, NC was first built in 1989 and is 35 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 433 Old Shulls Farm Road has 5,768 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 217,800 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A+. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 433 Old Shulls Farm Road was last sold in Feb 7, 2006 for $1,300,000. According to our calculations, that's $225.38 per sqft. Current property owners are expected to pay $5,224 in taxes per year. The property on 433 Old Shulls Farm Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,397,800. To break that down further, the land itself was valued at $264,800. While improvements to the property were assessed at a total of $1,133,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Building Quality: A+
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,768
  • Building Area: 5,768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,768
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHULLS FARM
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 5 SHULLS FARM

Ownership

  • Current Owner : WALLACE ELLIOTT
  • Current Owner 2: WALLACE KAREN
  • Previous Owner : HERRING MARION M
  • Previous Owner 2: HERRING ELIZABETH R

Neighborhood

  • School District Name: Watauga County Schools
  • Census Tract: 920900

Geography

  • Account Number: 1614685
  • Subdivision Tract Number: 5
  • Parcel: 1980-52-6431-000
  • Municipality: WATAUGA
  • Latitude: 36.1984
  • Longitude: -81.7599

    Address

  • Full Address: 433 Old Shulls Farm Rd
  • Address - House Number: 433
  • Address - Street Name: Old Shulls Farm
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Banner Elk
  • Carrier Code: R008
  • 4-Digit Zip Code: 7993
  • Zip Code: 28604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,224

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 69
  • Final Value: 1,686,895
  • High Value: 2,059,645
  • Low Value: 1,314,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $567,500
  • First Open Lien Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • First Open Lien Mortgage Recording Date: Feb 10, 2006
  • First Open Lien Mortgage Loan Amount: $567,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $1,397,800
  • Market Land Value: $264,800
  • Market Improvement Value: $1,133,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,397,800
  • Assessed Land Value: $264,800
  • Assessed Improvements Value: $1,133,000

    Sales

  • Current Sale Contract Date: Feb 07, 2006
  • Current Sale Recording Date: Feb 10, 2006
  • Current Sale Transaction ID: 1134359728
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20060210000020470

    Last Sale Mortgage

  • First Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • First Mortgage Transaction Date: Feb 10, 2006
  • First Mortgage Loan Amount: $567,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2036

About Valle Crucis



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 433 Old Shulls Farm Road located in?
The 433 Old Shulls Farm Road is a located in the neighborhood of Watauga in Valle Crucis, Banner Elk.
What is the average sales price for listings in 433 Old Shulls Farm Road?
The average sales price for units in 433 Old Shulls Farm Road is $0 currently.

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