NOT LISTED FOR SALE

114 Red Deer Run Unit 5-F Banner Elk, NC 28604

Estimated Value: $498,428 - $538,000

2 Beds
2 Baths
1,552 Sq Ft
$265/mo HOA Fee

Last Sold January 10, 2020

Last sale price $232,000 $149 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,177/month

242 Days on Market

Highlights

  • Mountain View
  • Mountain Architecture
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • Secondary Bathroom Jetted Tub
  • Double Pane Windows

About This Home

As of January 2020

Nice corner unfurnished lower unit with great open floor plan and easy access. Carpets recently cleaned and move in ready now. Beautiful stone fireplace with built in shelving. Plantation shutters, large pantry. Both bedrooms have bathrooms. Beautiful view from your wrap around deck with level area if guest can not do stairs or if you needed to take a pet out. State of the art kitchen with granite counter tops. Photos are from when previously furnished. Walking distance to picnic shelter area. One of the few newer communities conveniently located close to downtown Banner Elk. Enjoy summer concerts in the park, theater at Lees McRae College, fine dining at many local upscale restaurants, close proximity to local outdoor amenities.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 04/12/2019

Last Buyer's Agent

Robyn Edsall

Keller Williams High Country

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,288

Year Built

  • Built in 2005

Lot Details

  • 10.1

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Concrete Siding
  • Cedar
  • Stone

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Lodges At Elkmont Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1869030325590000506

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,288

Year Built

Built in 2005

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: The Lodges At Elkmont
  • Above Grade Finished Sq Ft: 1552.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub
  • Living Area: 1552.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Concrete, Stone, Wood Frame
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Gas, Heat Pump, Wood
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 265.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1869030325590000506
  • Zoning Description: City,Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2288.0
  • Tax Book Number: 501/1427

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jan 8, 2020
Sold by
Story Kelly D Lowery and Story Gary Scott
Bought by
Wilkerson Thomas L and Ward Virginia C
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Robyn Edsall
Keller Williams High Country
List Price
$232,000
Sold Price
$232,000
Current Estimated Value
$523,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,143
Avg. Annual Appreciation
15.28%

Purchase Details

Closed on
Jul 22, 2016
Sold by
Lowery Max T and Lowery Lois A
Bought by
Story Kelly D Lowery

Purchase Details

Closed on
Nov 30, 2015
Sold by
Leeman Sondra
Bought by
Petcoff Thomas S and Petcoff Sally B
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
Wilkerson Thomas L $232,000 Accommodation
Story Kelly D Lowery -- Attorney
Petcoff Thomas S $139,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2020 01/10/20 Sold $232,000 0.0% $149 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $232,000 -- $149 / 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 $1,532 $382,600 -- $382,600
2023 $1,530 $382,600 $0 $382,600
2022 $1,530 $382,600 $0 $382,600
2021 $1,144 $208,000 $45,000 $163,000
2020 $2,309 $208,000 $45,000 $163,000
2019 $2,309 $208,000 $45,000 $163,000
2018 $1,144 $208,000 $45,000 $163,000
2017 $2,063 $182,600 $0 $0
2016 $817 $182,600 $0 $0
2015 $817 $182,600 $20,000 $162,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 213555

High Country Association of REALTORS®

APN: 1869-03-03-2559-00005-06