NOT LISTED FOR SALE

114 Red Deer Run Unit 5A Banner Elk, NC 28604

Estimated Value: $673,751 - $702,000

3 Beds
3 Baths
2,223 Sq Ft
$308/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $422,000 $190 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,068/month

Highlights

  • Cathedral Ceiling
  • Mountain Architecture
  • Furnished
  • Banner Elk Elementary School Rated A-
  • Secondary Bathroom Jetted Tub
  • Tray Ceiling

About This Home

As of July 2020

This is for comps only. Was not listed on the MLS. No commission paid.

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 07/23/2020

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 2005

Lot Details

  • Southern Exposure
  • Zoning described as City,Deed Restrictions,Residential,Subdivision

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Metal Roof
  • Concrete Siding
  • Shake Siding
  • Hardboard

Interior Spaces

  • 2,223 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tray Ceiling
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Central Air
  • 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 1869-03-03-2559-00005-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,392

Year Built

Built in 2005

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: The Lodges At Elkmont
  • Above Grade Finished Sq Ft: 2223.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Stone
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Cathedral Ceiling(s), Furnished, Vaulted Ceiling(s), Jetted Tub
  • Living Area: 2223.0
  • Stories: 2

Exterior Features

  • View: Southern Exposure
  • Home Warranty: No
  • Construction Type: Frame, Hardboard, Concrete, Shake Siding
  • Foundation Details: Slab
  • Roof: Architectural, Metal, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • 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
  • High School: Avery County

Lot Info

  • Parcel #: 1869-03-03-2559-00005-01
  • Zoning Description: City,Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3392.0
  • Tax Book Number: 409/2237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Jul 1, 2020
Sold by
Lindsay Joseph and Lindsay Janet T
Bought by
Polen Christopher Lynn and Polen Anne Bernadette
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$422,000
Sold Price
$422,000
Current Estimated Value
$685,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,584
Avg. Annual Appreciation
9.76%
Original Mortgage
$320,000
Outstanding Balance
$284,281
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$401,303

Purchase Details

Closed on
Dec 13, 2006
Sold by
Lodges At Elkmont Llc
Bought by
Lindsay Joseph and Lindsay Janet T

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
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Polen Christopher Lynn $422,000 None Available
Lindsay Joseph $466,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polen Christopher Lynn $320,000
Previous Owner Lindsay Joseph $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $422,000 0.0% $190 / Sq Ft
07/23/2020 07/23/20 For Sale $422,000 -- $190 / 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 $1,844 $461,000 -- $461,000
2023 $1,844 $461,000 $0 $461,000
2022 $1,844 $461,000 $0 $461,000
2021 $1,696 $308,300 $56,300 $252,000
2020 $3,422 $308,300 $56,300 $252,000
2019 $3,422 $308,300 $56,300 $252,000
2018 $1,696 $308,300 $56,300 $252,000
2017 $2,989 $264,500 $0 $0
2016 $1,183 $264,500 $0 $0
2015 $1,183 $264,500 $20,000 $244,500
Source: Public Records

Agents Affiliated with this Home

  • Marsha McManus

    Seller's Agent in 2020

    Marsha McManus

    The Summit Group Of The Carolinas

    (828) 260-2490

    64 in this area

    106 Total Sales

    Marsha McManus
    Section Image

  • N

    Buyer's Agent in 2020

    NONMLS MEMBER

    NONMLS

    165 in this area

    2,447 Total Sales

    NONMLS MEMBER
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 223338

High Country Association of REALTORS®

APN: 1869-03-03-2559-00005-01

North Carolina Avery County Banner Elk 28604

114 Red Deer Run Unit 5A, Banner Elk, NC

This home is located at 114 Red Deer Run Unit 5A, Banner Elk, NC 28604 since 23 July 2020 and is currently estimated at $685,584, approximately $308 per square foot. This property was built in 2005. 114 Red Deer Run Unit 5A is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Grandfather Academy.

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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