NOT LISTED FOR SALE

124 Hemlock Rd Banner Elk, NC 28604

Estimated Value: $386,000 - $506,000

2 Beds
2.5 Baths
1,274 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $243,000 $191 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,532/month

Highlights

  • River Access
  • Private Pool
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • Home fronts a pond
  • Wood Burning Stove

About This Home

As of August 2021

Located conveniently between Boone and Banner Elk off of Highway 105 in the beautiful community of Mill Ridge, this mountain home is nestled in the trees on 2 lots with many lovely amenities. There is a Clubhouse, swimming pool, tennis courts, walking trails around small ponds in the manicured common areas, hiking trails and the river. The home has an open floor plan with kitchen/dining/living area combined with vaulted ceiling and sliding glass doors to a large deck. There are two bedrooms and two and one half baths. An additional room with no closet can be used for office, crafts or bedroom. The master bedroom and bath with deck are privately located away from the main living area with a wonderful, large enclosed porch between them. There is a large wood deck with a picnic table below the house. This shaded, cool area has electric, lights and water. The basement is a small room with utility sink and washer/dryer hook-ups. Long term and short term/vacation rentals allowed with management service in development. Parking area for 2 cars supported by massive block retaining wall. Freshly painted and newer gutters. A peaceful home in a quiet community.

Last Agent to Sell the Property

Jessica Hicks

Advanced Realty, Inc. Listed on: 06/09/2021

Last Buyer's Agent

Melissa Condrey

Realty One Group Results-Boone

Realty One Group Results-Boone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $892

Year Built

  • Built in 1979

Lot Details

  • 3,485 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Mountain Architecture
  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Hardboard

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Stove
  • Casement Windows
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Secondary Bathroom Jetted Tub

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Private Pool
  • River Access
  • Stream or River on Lot
  • Screened Patio
  • Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Space Heater
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot C23 & C25
  • Assessor Parcel Number 1888-06-4083-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$892

Year Built

Built in 1979

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 1274.0
  • Architectural Style: Cottage, Mountain
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1979
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: See Remarks, Skylights, Vaulted Ceiling(s), Jetted Tub
  • Living Area: 1274.0
  • Stories: 1
  • Window Features: Casement Window(s), Skylight(s)

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • Pool Private: Yes
  • Waterfront Features: River Access, Pond
  • Home Warranty: No
  • Construction Type: Hardboard, Wood Siding, Wood Frame
  • Exterior Features: Pool
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Multiple, Other, Screened, See Remarks
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Other, See Remarks

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Other, Space Heater, See Remarks, Wood Stove, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, 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 #: 1888-06-4083-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 891.5
  • Tax Book Number: 1140/246
  • Tax Lot: C23 & C25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 3, 2021
Sold by
Roberson Danny Wilson and Roberson Annette Everhart
Bought by
The Carrie R Farmer Living Trust and The Gail L Farmer Trust
Seller's Agent
Jessica Hicks
Advanced Realty, Inc.
Buyer's Agent
Melissa Condrey
Realty One Group Results-Boone
List Price
$243,000
Sold Price
$243,000
Current Estimated Value
$423,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,614
Avg. Annual Appreciation
14.33%
Source: Public Records

Range of Values:

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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
The Carrie R Farmer Living Trust $243,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $243,000 0.0% $191 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $243,000 -- $191 / 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 $1,448 $365,400 $12,400 $353,000
2023 $1,425 $365,400 $12,400 $353,000
2022 $1,425 $365,400 $12,400 $353,000
2021 $915 $184,300 $12,500 $171,800
2020 $915 $184,300 $12,500 $171,800
2019 $915 $184,300 $12,500 $171,800
2018 $823 $184,300 $12,500 $171,800
2017 $823 $184,300 $12,500 $171,800
2013 -- $196,800 $10,000 $186,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jessica Hicks

    Advanced Realty, Inc.

    (828) 964-0505

    2 in this area

    10 Total Sales

    Jessica Hicks
    Section Image

  • M

    Buyer's Agent in 2021

    Melissa Condrey

    Realty One Group Results-Boone

    (828) 385-0840

    5 in this area

    28 Total Sales

    Melissa Condrey
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 231020

High Country Association of REALTORS®

APN: 1888-06-4083-000

North Carolina Watauga County Banner Elk 28604

124 Hemlock Rd, Banner Elk, NC

This home is located at 124 Hemlock Rd, Banner Elk, NC 28604 since 09 June 2021 and is currently estimated at $423,614, approximately $332 per square foot. This property was built in 1979. 124 Hemlock Rd is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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