NOT LISTED FOR SALE

117 Springhouse Dr Unit B-2 Elk Park, NC 28622

Estimated Value: $837,470

3 Beds
3 Baths
2,018 Sq Ft
$417/mo HOA Fee

Last Sold May 12, 2020

Last sale price $375,000 $186 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $5,075/month

246 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Waterfall on Lot
  • Cranberry Middle School Rated 9+
  • Gated Community
  • Lake Privileges

About This Home

As of May 2020

What A View! Beautifully appointed move in ready luxury condo being sold furnished. Located in the Headwaters gated community. This condo has a gourmet kitchen featuring granite counter tops, high end cabinetry and appliances. Family room with high vaulted ceilings, gas fireplace and lots of windows to take in the long range views. Master and guest bedrooms on the main level and guest suite upstairs with large open loft with a full bath for plenty of privacy for everyone. Beautiful Hardwood Floors and high end finishes throughout. Feel the cool summer breeze and the sounds of nature as you relax on your private deck. Enjoy the outdoor gas fireplace on the deck. Inside the gates of Headwaters you have access to a beautiful mountaintop clubhouse with a Fitness Center, Game room, Theater Room, Gourmet Kitchen, etc. Within the development your family can also enjoy the Lakeside Pavilion, Stoney Creek Park, Deer Creek Park, Sunset Park, Mac N Tosh Dog Park, Natural Waterfall, etc. Just a short drive to downtown Banner Elk and all area attractions such as skiing, hiking, whitewater rafting, plays, concerts in the park, golf, etc.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 08/09/2019

Last Buyer's Agent

Allison Schoen

Eagles Nest Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • Property fronts a private road

HOA Fees

  • $417 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2,018 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Lake Privileges
  • Covered Patio or Porch
  • Waterfall on Lot
  • Outdoor Fireplace

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Shared Well
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1930001367170000202

Community Details

Overview

  • Headwaters At Banner Elk Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Fitness Center

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,813

Year Built

Built in 2006

Lot Details

0

HOA Fees

$417 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: 2018.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Has Basement: Crawl Space, Other, See Remarks
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Vented, Outside
  • Fireplace: Yes
  • Living Area: 2018.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Waterfall
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake, Lake Privileges
  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas, Heat Pump, Propane, Wood
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Lake, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1250.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Freedom Trail
  • High School: Avery County
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 1930001367170000202
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1812.8
  • Tax Book Number: 513/620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Waldrop Thomas and Waldrop Eloise
Bought by
Picarello John and Peters Marcy
Current Estimated Value
$837,470

Purchase Details

Listed on
Aug 9, 2019
Closed on
Apr 30, 2020
Sold by
Younts David S and Younts Willa C
Bought by
Waldrop Thomas and Waldrop Eloise
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Allison Schoen
Eagles Nest Realty LLC
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
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:

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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
05/12/2020 05/12/20 Sold $375,000 0.0% $186 / Sq Ft
04/12/2020 04/12/20 Pending -- -- --
08/09/2019 08/09/19 For Sale $375,000 -- $186 / 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 $2,408 $602,000 -- $602,000
2023 $2,408 $602,000 $0 $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: 216831

High Country Association of REALTORS®

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