NOT LISTED FOR SALE

127 White Cloud Dr Unit R7-A Banner Elk, NC 28604

Estimated Value: $683,000 - $736,552

3 Beds
2.5 Baths
1,834 Sq Ft
$387/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $580,000 $316 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,550/month

71 Days on Market

Highlights

  • Fitness Center
  • Fishing
  • Gated Community
  • Valle Crucis Elementary School Rated A-
  • Home fronts a pond
  • Mountain View

About This Home

As of October 2022

3BR/2.5BA townhome at Echota on the Ridge being offered fully furnished with long range views. Located on the next road up from the Ridge Outdoor Pool & Clubhouse, this townhome has tasteful upgrades including leathered granite in the kitchen, stainless steel appliances, hardwood floors in the main living areas and updated paint. The open living area features vaulted ceilings, floor to ceiling stacked stone gas fireplace and access to the covered deck. The master bedroom is conveniently located on the main level and has an adjoining master bath with shower and soaking tub. Upstairs are two spacious guest bedrooms, set-up perfectly for friends, family or rental guests. Owners will have access to the new amenity center at The Summit at Echota which includes a spectacular outdoor pool and deck area, state-of-the-art fitness facility and skybridge with linear fireplace. Enjoy mountain life in this maintenance free community with access to 3 clubhouses, indoor & outdoor pools and hot tubs, 3 fitness facilities, 25-acre riverpark and fishing ponds.

Last Listed By

Leah Grove

Foscoe Realty & Development Listed on: 08/10/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 1,834 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Covered patio or porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1889-01-9568-000

Community Details

Overview

  • Echota Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,994

Year Built

Built in 2006

Lot Details

0

HOA Fees

$429 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Echota
  • Above Grade Finished Sq Ft: 1834.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Townhouse
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1834.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: Long Range
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Fiber Cement, Wood Frame
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Fishing, Gated, Pool, River, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1287.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1889-01-9568-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1994.0
  • Tax Book Number: 1519/850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 4, 2022
Sold by
David C Thompson Revocable Trust
Bought by
Mcclurg James and Bailey Kally
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
Melinda Eggers
Premier Sotheby's International Realty- Banner Elk
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%
Total Days on Market
71
Current Estimated Value
$709,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,638
Avg. Annual Appreciation
8.27%
Original Mortgage
$350,000
Outstanding Balance
$338,530
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$371,108

Purchase Details

Listed on
Jun 1, 2018
Closed on
Dec 23, 2019
Sold by
Grant Lee M and Grant Sommer
Bought by
Thompson David C and David C Thompson Revocable Tru
Seller's Agent
Matt de Camara
Boone Real Estate
Buyer's Agent
Matt de Camara
Boone Real Estate
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.69%

Purchase Details

Closed on
Jul 6, 2010
Sold by
Hayes Ronald J and Concilio Mary C
Bought by
Grant Lee M and Grant Sommer

Purchase Details

Closed on
Apr 5, 2007
Sold by
Edcotr Inc
Bought by
Hayes Ronald J and Concilio Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
6.15%
Mortgage Type
New Conventional

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
Mcclurg James $580,000 --
Thompson David C $350,000 None Available
Grant Lee M $335,000 --
Hayes Ronald J $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclurg James $350,000
Previous Owner Thompson David C $236,000
Previous Owner Thompson David C $262,500
Previous Owner Hayes Ronald J $314,500
Previous Owner Hayes Ronald J $319,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $580,000 -3.2% $316 / Sq Ft
08/24/2022 08/24/22 Price Changed $599,000 -4.2% $327 / Sq Ft
08/10/2022 08/10/22 For Sale $625,000 +78.6% $341 / Sq Ft
12/31/2019 12/31/19 Sold $350,000 0.0% $191 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
06/01/2018 06/01/18 For Sale $350,000 -- $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 $2,017 $520,100 $75,000 $445,100
2023 $1,994 $520,100 $75,000 $445,100
2022 $1,994 $520,100 $75,000 $445,100
2021 $0 $290,400 $75,000 $215,400
2020 $1,396 $290,400 $75,000 $215,400
2019 $1,396 $290,400 $75,000 $215,400
2018 $1,250 $290,400 $75,000 $215,400
2017 $1,250 $290,400 $75,000 $215,400
2013 -- $421,000 $75,000 $346,000
Source: Public Records

Agents Affiliated with this Home

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Source: High Country Association of REALTORS®

MLS Number: 239281

High Country Association of REALTORS®

APN: 1889-01-9568-000