NOT LISTED FOR SALE

135-C Wapiti Way Unit 8-C Banner Elk, NC 28604

Estimated Value: $662,000 - $687,197

3 Beds
3 Baths
2,250 Sq Ft
$265/mo HOA Fee

Last Sold April 22, 2022

Last sale price $561,000 $249 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,538/month

Highlights

  • Views of Trees
  • Vaulted Ceiling
  • Secondary Bathroom Jetted Tub
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Furnished

About This Home

As of April 2022

Upper corner 3/bedroom, 3 bath Banner Elk luxury condo! The high end condo offers an open floor plan, vaulted and trey ceilings, gourmet kitchen with large pantry, soaring great room fireplace, covered deck, master and a second bedroom on the main level, plenty of storage and so much more! Sold mostly furnished. The Lodges at Elkmont provides an ideal location to enjoy all of the High Country's shopping, outdoor recreation, dining and entertainment activities. At Elkmont you will find beautifully landscaped grounds, preserved conservation areas and a natural mountain stream. Gazebo common area with big views available for owners and guests, as well as a recently-installed fire pit! The Association is well managed by its homeowners and a property manager, and has set aside large reserves for future maintenance.

Last Agent to Sell the Property

John Heinlein

Blue Ridge Realty & Inv. - Banner Elk Listed on: 03/30/2022

Last Buyer's Agent

Marsha McManus

The Summit Group Of The Carolinas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 2005

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Metal Roof
  • Shake Siding
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments
  • Views of Trees

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Lodges At Elkmont Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1869030325590000803

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,488

Year Built

Built in 2005

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Other, Paved, See Remarks
  • Subdivision Name: The Lodges At Elkmont
  • Above Grade Finished Sq Ft: 2250.0
  • Architectural Style: Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished, Jetted Tub, Vaulted Ceiling(s), Window Treatments
  • Living Area: 2250.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • View: Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Shake Siding, Stone Veneer, Wood Frame
  • Exterior Features: Other, See Remarks, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Roof: Architectural, Metal, Shingle

Garage/Parking

  • Parking Features: Driveway, Other, Paved, Private, See Remarks

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 265.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1869030325590000803
  • Zoning Description: Multi-Family,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3488.0
  • Tax Book Number: 518/2005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 4, 2022
Sold by
Kerner Jr Herbert V and Kerner Dianne B
Bought by
Varnadoe Glen R and Varnadoe Janice R
Seller's Agent
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Marsha McManus
The Summit Group Of The Carolinas
List Price
$559,000
Sold Price
$561,000
Premium/Discount to List
$2,000
0.36%
Current Estimated Value
$675,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,732
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Sigmon Donald N and Sigmon Barbara B
Bought by
Kerner Herbert V and Kerner Dianne B

Purchase Details

Closed on
May 17, 2007
Sold by
Lodges At Elkmont Llc
Bought by
Sigmon Donald N and Sigmon Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,800
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Varnadoe Glen R $561,000 Tornow W Mcnair
Kerner Herbert V $332,500 None Available
Sigmon Donald N $449,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sigmon Donald N $333,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $561,000 +0.4% $249 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $559,000 -- $248 / 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 -- $458,500 -- $458,500
2023 -- $458,500 -- $458,500
2022 $0 $458,500 $0 $458,500
2021 $1,728 $314,200 $45,000 $269,200
2020 $3,488 $314,200 $45,000 $269,200
2019 $3,488 $314,200 $45,000 $269,200
2018 $1,728 $314,200 $45,000 $269,200
2017 $2,989 $264,500 $0 $0
2016 $1,183 $264,500 $0 $0
2015 $1,183 $264,500 $20,000 $244,500
Source: Public Records

Agents Affiliated with this Home

  • John Heinlein

    Seller's Agent in 2022

    John Heinlein

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    66 in this area

    115 Total Sales

    John Heinlein
    Section Image
  • Marsha McManus

    Buyer's Agent in 2022

    Marsha McManus

    The Summit Group Of The Carolinas

    (828) 260-2490

    64 in this area

    106 Total Sales

    Marsha McManus
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 236406

High Country Association of REALTORS®

APN: 1869-03-03-2559-00008-03

North Carolina Avery County Banner Elk 28604

135-C Wapiti Way Unit 8-C, Banner Elk, NC

This home is located at 135-C Wapiti Way Unit 8-C, Banner Elk, NC 28604 since 30 March 2022 and is currently estimated at $675,732, approximately $300 per square foot. This property was built in 2005. 135-C Wapiti Way Unit 8-C is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Grandfather Academy.

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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