NOT LISTED FOR SALE

117 Spring House Dr Unit B2 Elk Park, NC 28622

Estimated Value: $828,001

3 Beds
3 Baths
2,122 Sq Ft
$625/ mo HOA Fee

Last Sold November 05, 2021

Last sale price $600,000 $283 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,087/month

120 Days on Market

Highlights

  • 24-Hour Security
  • Community Lake
  • Outdoor Fireplace
  • Gated Community
  • Vaulted Ceiling
  • Mountain Architecture

About This Home

As of November 2021

Fully furnished and move in ready three bedroom condo! Floor to ceiling glass windows highlight the long range unobstructed views. Outdoor living area is covered and includes a gas fireplace with wooden rockers to enjoy the sunrise and sunsets. Carpet was replaced throughout in the last 18 months. Headwaters offers several amenities for its owners including hiking trails, dog park, tennis, clubhouse, gym, theatre room, and the lakeside pavilion. Close proximity to downtown Banner Elk and ski resorts! A must see!

Last Agent to Sell the Property

Allison Schoen

Elevate Land & Realty Banner Elk Listed on: 06/07/2021

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 2006

Lot Details

  • 9.76

HOA Fees

  • $625 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,122 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments

Kitchen

  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Schools

  • Freedom Trail Elementary School
  • Avery County High School

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Fireplace
  • Property fronts a private road

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1930-00-13-6717-00002-02

Community Details

Overview

  • Headwaters At Banner Elk Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Trails

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,200

Year Built

Built in 2006

Lot Details

9.76 Acres

HOA Fees

$625 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Headwaters At Banner Elk
  • Above Grade Finished Sq Ft: 2122.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Stone, Vented, Outside, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s), Window Treatments
  • Living Area: 2122.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Laundry Features: Main Level
  • Security: 24 Hour Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Lake, Tennis Court(s), Trails/Paths, Long Term Rental Allowed
  • Association Fee: 1875.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Freedom Trail
  • High School: Avery County

Lot Info

  • Parcel #: 1930-00-13-6717-00002-02
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Book Number: 513/620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Nov 4, 2021
Sold by
Waldrop Thomas and Waldrop Eloise
Bought by
Picarello John and Peters Marcy
Seller's Agent
Allison Schoen
Elevate Land & Realty Banner Elk
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$828,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,001
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Apr 30, 2020
Sold by
Younts David S and Younts Willa C
Bought by
Waldrop Thomas and Waldrop Eloise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Younts David S and Younts Willa C

Purchase Details

Closed on
Nov 15, 2007
Sold by
Headwaters At Banner Elk Llc
Bought by
Maynor Benjamin E and Maynor Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
6.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Picarello John $600,000 None Available
Waldrop Thomas $375,000 None Available
Younts David S -- None Available
Maynor Benjamin E $535,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waldrop Thomas $300,000
Previous Owner Maynor Benjamin E $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $600,000 0.0% $283 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $600,000 -- $283 / Sq Ft
Source: High Country Association of REALTORS®

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
2025 $2,408 $602,000 -- $602,000
2024 $2,408 $602,000 -- $602,000
2023 $2,408 $602,000 -- $602,000
2022 $2,408 $602,000 $0 $602,000
2021 $1,813 $329,600 $100,000 $229,600
2020 $1,813 $329,600 $100,000 $229,600
2019 $1,813 $329,600 $100,000 $229,600
2018 $1,813 $329,600 $100,000 $229,600
2017 $2,252 $409,400 $0 $0
2016 $1,831 $409,400 $0 $0
2015 $1,831 $409,400 $150,000 $259,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 230974

High Country Association of REALTORS®

APN: 1930-00-13-6717-00002-02

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