NOT LISTED FOR SALE

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

Estimated Value: $401,489 - $480,000

2 Beds
2 Baths
1,228 Sq Ft
$265/mo HOA Fee

Last Sold July 29, 2016

Last sale price $159,000 $129 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $2,776/month

Highlights

  • Mountain View
  • Mountain Architecture
  • Double Pane Windows
  • Banner Elk Elementary School Rated A-
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of July 2016

BEST CONDO DEAL IN BANNER ELK ! This beautifully decorated Lodge in Building 5 is PRICED TO SELL!!! Custom d+¬cor throughout is included with just a few exceptions. Enjoy the mountainous views from the Living room, Master Bedroom and porch! Snuggle up on one of the couches in front of the stone gas fireplace. With hardwood floors, a Jacuzzi tub, large kitchen and Master and Master Bath, this is luxury! There are 2 bedrooms and 2 baths. The Lodges at Elkmont are quality Condominiums that have established themselves as a premier Banner Elk community. Just across the street from this Lodge is a common area that has a beautiful picnic shelter for gatherings and fantastic views of Beech Mountain and Banner Elk. This Lodge is in perfect condition. This particular Lodge is located on the lower level of a 6 plex. It is the interior unit, so it is well insulated from the elements! There is level entry off the road and then stairs to this lower level. It is all above ground and built on a slab. Beautiful landscaping!

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 03/25/2016

Last Buyer's Agent

Terri McKinney

Berkshire Hathaway HomeServices Blue Ridge REALTOR

Berkshire Hathaway HomeServices Blue Ridge REALTOR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 2005

Lot Details

  • 10.1

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 1,228 Sq Ft Home
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Washer

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Schools

  • Banner Elk Elementary School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Southern Exposure

Community Details

  • The Lodges At Elkmont Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1869030325590000505

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,573

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: 1228.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: 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, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1228.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Stone Veneer, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Roof: Architectural, Metal, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved, Private

Utilities

  • Heating: Electric, Fireplace(s), Gas, Heat Pump, Other, See Remarks, 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 #: 1869030325590000505
  • Zoning Description: Deed Restrictions,ETJ,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1572.61
  • Tax Book Number: 496/1004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Morrell Rita R and Rita R Morrell Trust
Bought by
Ulrich William L and Simpson Pamela J
Current Estimated Value
$451,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Outstanding Balance
$173,646
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$277,850

Purchase Details

Closed on
Nov 8, 2018
Sold by
Jumonville Enoul A and Jumonville Joanne
Bought by
Macleod Jacqueline Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jul 14, 2016
Sold by
Petcoff Thomas S and Petcoff Sally B
Bought by
Jumonville Enoul A and Jumonville Joanne
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
Terri McKinney
Berkshire Hathaway HomeServices Blue Ridge REALTOR
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
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
Ulrich William L $302,000 None Available
Macleod Jacqueline Marie $208,000 None Available
Jumonville Enoul A $159,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ulrich William L $241,600
Previous Owner Macleod Jacqueline Marie $166,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2016 07/29/16 Sold $159,000 0.0% $129 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $159,000 +14.4% $129 / Sq Ft
12/02/2015 12/02/15 Sold $139,000 0.0% $113 / Sq Ft View Prior Sale
11/02/2015 11/02/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $139,000 -- $113 / 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 $1,295 $323,700 -- $323,700
2023 $1,295 $323,700 $0 $323,700
2022 $1,295 $323,700 $0 $323,700
2021 $877 $159,500 $18,000 $141,500
2020 $1,770 $159,500 $18,000 $141,500
2019 $1,770 $159,500 $18,000 $141,500
2018 $877 $159,500 $18,000 $141,500
2017 $1,800 $159,300 $0 $0
2016 $712 $159,300 $0 $0
2015 $712 $159,300 $18,000 $141,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 39200355

High Country Association of REALTORS®

APN: 1869-03-03-2559-00005-05