NOT LISTED FOR SALE

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

Estimated Value: $659,880 - $687,000

3 Beds
3 Baths
2,437 Sq Ft
$265/mo HOA Fee

Last Sold May 23, 2018

Last sale price $379,900 $156 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,012/month

314 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 May 2018

Elegantly decorated (sold furnished with only personal item exceptions), level entry corner 3/bedroom, 3 bath Banner Elk luxury condo with view! The high end condo offers an open floor plan, vaulted and trey ceilings, gourmet kitchen with large pantry, soaring great room fireplace, covered deck, master on main level, plenty of storage and so much more! The Lodges at Elkmont provides an ideal location to enjoy all of the High Country's shopping, outdoor recreation, dining and entertainment activities. Just two minutes to quaint downtown Banner Elk, the completed community boasts beautifully landscaped grounds, preserved conservation areas, walking trails, and a natural mountain stream. Gazebo common area with big views available for owners and guests.

Last Agent to Sell the Property

John Heinlein

Blue Ridge Realty & Inv. - Banner Elk Listed on: 06/12/2017

Last Buyer's Agent

John Heinlein

Blue Ridge Realty & Inv. - Banner Elk Listed on: 06/12/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 2005

Lot Details

  • 10.1

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Architectural Shingle Roof
  • Metal Roof
  • Wood Siding
  • Shake Siding
  • Hardboard
  • Stone

Interior Spaces

  • 2,437 Sq Ft Home
  • 2-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

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

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • 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 1869030325590000503

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,663

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: Other, Paved, See Remarks
  • Subdivision Name: The Lodges At Elkmont
  • Above Grade Finished Sq Ft: 2437.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

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: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub
  • Living Area: 2437.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Shake Siding, Stone, Wood Siding
  • Exterior Features: Other, See Remarks, Paved Driveway
  • Patio And Porch Features: Covered
  • Roof: Architectural, Metal, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Other, Paved, Private, See Remarks

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), 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

Lot Info

  • Parcel #: 1869030325590000503
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2663.0
  • Tax Book Number: 417/761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Polen Christopher Lynn and Polen Anne Bernadette
Bought by
Fulghum Summer and Fulghum Alan
Current Estimated Value
$675,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$208,236
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$467,724

Purchase Details

Listed on
Jun 12, 2017
Closed on
May 15, 2018
Sold by
Chilton David L and Chilton Brenda V
Bought by
Polen Christopher Lynn and Polen Anne Bernadatte
Seller's Agent
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
List Price
$379,900
Sold Price
$379,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Jul 20, 2007
Sold by
Lodges At Elkmont Llc
Bought by
Chilton David L and Chilton Brenda
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
Fulghum Summer $450,000 None Available
Fulghum Summer W $900 New Title Company Name
Polen Christopher Lynn $380,000 None Available
Chilton David L $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulghum Summer W $230,000
Closed Fulghum Summer W $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2018 05/23/18 Sold $379,900 0.0% $156 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
06/12/2017 06/12/17 For Sale $379,900 -- $156 / 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 $1,792 $448,100 -- $448,100
2023 $1,792 $448,100 $0 $448,100
2022 $1,792 $448,100 $0 $448,100
2021 $1,758 $319,600 $56,300 $263,300
2020 $3,548 $319,600 $56,300 $263,300
2019 $3,548 $319,600 $56,300 $263,300
2018 $1,758 $319,600 $56,300 $263,300
2017 $2,929 $259,200 $0 $0
2016 $1,159 $259,200 $0 $0
2015 $1,159 $259,200 $20,000 $239,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 201569

High Country Association of REALTORS®

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