NOT LISTED FOR SALE

133 Summit Ledges Ln Banner Elk, NC 28604

Estimated Value: $1,194,000 - $2,058,000

3 Beds
4.5 Baths
4,210 Sq Ft
$411/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $1,350,000 $321 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,990/month

Highlights

  • Airport or Runway
  • Golf Course Community
  • Fitness Center
  • Banner Elk Elementary School Rated A-
  • Equestrian Center
  • 24-Hour Security

About This Home

As of June 2021

This stunning updated home is a must see! From the moment you walk in you are met with custom features and jaw dropping views.The living room has large windows to take advantage of those spectacular views. A large fireplace is flanked by custom built-ins and the room flows seamlessly into the gourmet kitchen and dining room. The master suite is a retreat in itself. Other main level features include a study, powder room, walk-in pantry, laundry/mud room, 2-car garage, and a 820 sf deck with fireplace. Upstairs is a bonus room and full bath. On the lower level (below grade) is a family room with fireplace, 2 bedrooms with en suites, nearly 600 sf
of workshop space and 853 sf of deck!

Last Agent to Sell the Property

Tricia Holloway

Engel & Volkers Banner Elk Listed on: 01/29/2021

Engel & Volkers Banner Elk

Last Buyer's Agent

Christopher Spangler

Howard Hanna Allen Tate Real Estate Blowing Rock

Howard Hanna Allen Tate Real Estate Blowing Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,204

Year Built

  • Built in 2008

Lot Details

  • 2.06 Acre Lot
  • Property fronts a private road
  • Zoning described as Residential,Subdivision

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Propane Fireplace
  • Mountain Views
  • Home Security System
  • Finished Basement

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Banner Elk Elementary School
  • Avery County High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Central Air
  • Heating Available
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1848-00-04-7383-00000

Community Details

Overview

  • Elk River Subdivision

Amenities

  • Airport or Runway
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,204

Year Built

Built in 2008

Lot Details

0

HOA Fees

$383 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.06
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Elk River
  • Above Grade Finished Sq Ft: 2804.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Exhaust Fan, Gas Cooktop
  • Has Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1406.0
  • Fireplace Features: Two, Gas, Vented, Outside, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Jetted Tub, Vaulted Ceiling(s)
  • Living Area: 4210.0
  • Stories: 3

Exterior Features

  • Pool Features: Community
  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Stone, Wood Siding
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway, Garage, Two Car Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Security: Security System, 24 Hour Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Community, Fitness Center, Fishing, Golf, Pool, River, Airport/Runway, Tennis Court(s)
  • Association Fee: 4596.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1848-00-04-7383-00000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6204.0
  • Tax Book Number: 410/1524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Jun 1, 2021
Sold by
Garrett Terri W and Garrett William R
Bought by
Butler Benjamin L and Rosenzweig Laura Beth
Seller's Agent
Tricia Holloway
Engel & Volkers Banner Elk
Buyer's Agent
Christopher Spangler
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$1,730,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,793
Avg. Annual Appreciation
5.92%
Original Mortgage
$215,000
Outstanding Balance
$194,656
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,536,137
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
Butler Benjamin L $1,350,000 None Available
Butler Benjamin L $2,700 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Benjamin L $215,000
Closed Butler Benjamin L $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $1,350,000 0.0% $321 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $1,350,000 -- $321 / 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 $5,162 $1,290,500 $275,000 $1,015,500
2023 $5,162 $1,290,500 $275,000 $1,015,500
2022 $0 $1,290,500 $275,000 $1,015,500
2021 $6,204 $1,128,000 $300,000 $828,000
2020 $6,204 $1,128,000 $300,000 $828,000
2019 $6,204 $1,128,000 $300,000 $828,000
2018 $6,204 $1,128,000 $300,000 $828,000
2017 $6,394 $1,162,500 $0 $0
2016 $5,199 $1,162,500 $0 $0
2015 $5,199 $1,162,500 $300,000 $862,500
2012 -- $1,581,600 $400,000 $1,181,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 227987

High Country Association of REALTORS®

APN: 1848-00-04-7383-00000