NOT LISTED FOR SALE

123 River Road 1 Banner Elk, NC 28604

Estimated Value: $370,000 - $394,000

3 Beds
2 Baths
1,148 Sq Ft
$337/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $333,000 $290 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,394/month

18 Days on Market

Highlights

  • Fishing
  • Home fronts a pond
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • River View
  • Stream or River on Lot

About This Home

As of December 2021

Completely remodeled home and ready for you to move in for the holidays. Located on the Watauga River and easy year-round access. Will make a great investment property or full time residence. Very desirable area. Mill Ridge is a unique family community located 8 miles SW of Boone offering tennis, pool, hiking trails, clubhouse and is centrally located between Boone and Banner Elk. Clubhouse is a great asset equipped with chairs & tables for 48, a commercial kitchen, picnic tables, and cozy fireplace with wood stove. Relax by the heated pool or play a game of tennis. Furnished w/exceptions. Heating and cooled with a LG Dual Inverter.

Last Agent to Sell the Property

Denise Weinkle

RE/MAX Realty Group Listed on: 10/28/2021

RE/MAX Realty Group

Last Buyer's Agent

Denise Weinkle

RE/MAX Realty Group Listed on: 10/28/2021

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $616

Year Built

  • Built in 1978

Lot Details

  • 4,792 Sq Ft Lot
  • Home fronts a pond
  • River Front
  • Property fronts a private road
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Concrete Siding
  • Shake Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Propane Fireplace
  • River Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Stream or River on Lot
  • Open Patio
  • Fire Pit

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Ductless Heating Or Cooling System
  • Space Heater
  • Wall Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot A-4
  • Assessor Parcel Number 1878-96-6979-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$616

Year Built

Built in 1978

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 1148.0
  • Architectural Style: Cottage
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Cooktop, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Vented, Fire Pit, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished, Pull Down Attic Stairs
  • Living Area: 1148.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • View: River
  • View: Yes
  • Waterfront Features: River Front, Pond
  • Home Warranty: No
  • Construction Type: Concrete, Shake Siding, Wood Frame
  • Exterior Features: Fire Pit, Gravel Driveway
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: Other, See Remarks
  • Heating: Baseboard, Ductless, Electric, Fireplace(s), Hot Water, Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878-96-6979-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 616.0
  • Tax Book Number: 2116/44
  • Tax Lot: A-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2005
Sold by
Laraway Timothy T and Laraway Pricilla
Bought by
Cornells Trrence J and Cornells Yvonne
Current Estimated Value
$389,389
Source: Public Records

Range of Values:

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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
Cornells Trrence J $123,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelis Terrance J $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $333,000 0.0% $290 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $333,000 -- $290 / 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 $951 $230,600 $20,600 $210,000
2023 $929 $230,600 $20,600 $210,000
2022 $929 $230,600 $20,600 $210,000
2021 $0 $133,100 $18,800 $114,300
2020 $683 $133,100 $18,800 $114,300
2019 $683 $133,100 $18,800 $114,300
2018 $616 $133,100 $18,800 $114,300
2017 $616 $133,100 $18,800 $114,300
2013 -- $120,000 $15,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 234098

High Country Association of REALTORS®

APN: 1878-96-6979-000