NOT LISTED FOR SALE

102 Galax Ln Unit 7 Banner Elk, NC 28604

Estimated Value: $560,000 - $932,000

4 Beds
2.5 Baths
1,200 Sq Ft
$689/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $183,000 $152 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $4,477/month

Highlights

  • Ski Accessible
  • Golf Course Community
  • Mountain View
  • Banner Elk Elementary School Rated A-
  • Home fronts a pond
  • 3-minute walk to Beech Mountain Bark Park

About This Home

As of July 2013

Incredible rental/investment opportunity. Wonderful home with huge views year round. Ski-in, Ski-out location is a rare find with this type of rental income. Mountain bike and hike from th efront door. Lots of upgrades including remodeled kitchen with granite counter tops. Big time Views! Elevation over 5,000 feet!!! This is simply one of the best slope side, ski in/ski out units available. Located directly on the ski slope. Mountain bike trails and mountain bike park give excellent summer rental possibilities as well. Ride your bike from the house! Views are panoramic from this elevation.

Last Agent to Sell the Property

Lindsey Lacey

Preferred Mountain Real Estate Listed on: 05/10/2013

Last Buyer's Agent

MTN Mike Goldstein

Mountain Mike Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1980

Lot Details

  • 4,356 Sq Ft Lot
  • Home fronts a pond
  • Zoning described as Deed Restrictions,Residential,Subdivision

Home Design

  • Geodesic or Dome Home
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views
  • Finished Basement
  • Partial Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Open Patio

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 185905089978

Community Details

Overview

  • Private Membership Available
  • Skiloft Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,066

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: Skiloft
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Dome/Geodesic
  • Garage Yn: No
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Finished, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 400.0
  • Fireplace Features: One, Gas, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1200.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Ski In /Ski Out
  • Pool Features: Community
  • View: Long Range
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Basement, Slab
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Baseboard, Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Golf, Lake, Pool, Skiing, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185905089978
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2066.0
  • Tax Book Number: 367/548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2025
Sold by
David And Frantina Houston Revocable Tru and Houston David
Bought by
Childs Adam and Childs Meghan
Current Estimated Value
$826,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$620,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$206,700

Purchase Details

Closed on
Apr 5, 2022
Sold by
Houston and Frantina
Bought by
David & Frantina Houston Revocable Trust

Purchase Details

Closed on
Oct 1, 2020
Sold by
Michael Young Aaron and Michael Ruth Karen
Bought by
Houston David and Houston Frantina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2013
Closed on
Jul 16, 2013
Sold by
Ekmark Inc
Bought by
Young Aaron Michael and Young Karen Ruth
Seller's Agent
Lindsey Lacey
Preferred Mountain Real Estate
Buyer's Agent
MTN Mike Goldstein
Mountain Mike Realty
List Price
$183,000
Sold Price
$183,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$145,400
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

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
Childs Adam $775,000 None Listed On Document
David & Frantina Houston Revocable Trust -- Wood Returnable Julia M
Houston David $520 Reeves Divenere Wright
Houston David $520 None Listed On Document
Young Aaron Michael $183,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childs Adam $620,000
Previous Owner Houston David $260,000
Previous Owner Young Aaron Michael $145,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $183,000 0.0% $153 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $183,000 -- $153 / 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 $1,128 $282,100 $90,000 $192,100
2023 $1,087 $267,800 $90,000 $177,800
2022 $1,087 $260,500 $90,000 $170,500
2021 $1,108 $201,400 $85,000 $116,400
2020 $2,582 $201,400 $85,000 $116,400
2019 $2,582 $201,400 $85,000 $116,400
2018 $1,108 $201,400 $85,000 $116,400
2017 $2,264 $176,600 $0 $0
2016 $790 $176,600 $0 $0
2015 $790 $176,600 $75,000 $101,600
2012 -- $194,600 $75,000 $119,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lindsey Lacey

    Preferred Mountain Real Estate

    (828) 387-1533

    1 in this area

    23 Total Sales

    Lindsey Lacey
    Section Image
  • MTN Mike Goldstein

    Buyer's Agent in 2013

    MTN Mike Goldstein

    Mountain Mike Realty

    (828) 387-6687

    38 in this area

    54 Total Sales

    MTN Mike Goldstein
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 178452

High Country Association of REALTORS®

APN: 1859-05-08-9978-00000

North Carolina Avery County Banner Elk 28604

102 Galax Ln Unit 7, Banner Elk, NC

This home is located at 102 Galax Ln Unit 7, Banner Elk, NC 28604 since 10 May 2013 and is currently estimated at $826,700, approximately $688 per square foot. This property was built in 1980. 102 Galax Ln Unit 7 is a home located in Avery County with nearby schools including Banner Elk Elementary School and Cranberry Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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