Seller's Agent in 2022
Leah Grove
Foscoe Realty & Development
(828) 406-3690
93 in this area
167 Total Sales
Estimated Value: $393,000 - $495,000
1
Bed
1
Bath
804
Sq Ft
$358/mo
HOA Fee
Highlights
- Fitness Center
- Fishing
- Gated Community
- Valle Crucis Elementary School Rated A-
- Home fronts a pond
- Mountain View
About This Home
As of September 2022Immaculate One-Bedroom | One-Bathroom condo at Chalakee with layered mountain views and close to the brand new Summit Amenity Center. Exceptionally maintained, this property features hardwood floors throughout the living area and master bedroom, fresh paint throughout, updated LED light fixtures and is being offered partially furnished. Accessible by stairs or elevator, this light and bright condo includes timberframe beam accents, stacked stone gas fireplace and the desirable built-in gas grill on the deck. Kitchen finishes include custom hickory cabinetry, granite countertops and stainless steel appliances. 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 2 clubhouses, indoor & outdoor pools and hot tubs, 3 fitness facilities, 25-acre riverpark and fishing ponds.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $872
Year Built
- Built in 2012
Lot Details
- Home fronts a pond
- Property fronts a private road
HOA Fees
- $358 Monthly HOA Fees
Parking
- No Garage
Home Design
- Mountain Architecture
- Wood Frame Construction
- Metal Roof
- Stone Veneer
Interior Spaces
- 804 Sq Ft Home
- 1-Story Property
- Furnished
- Stone Fireplace
- Gas Fireplace
- Mountain Views
- Crawl Space
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
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 1889-53-4627-003
Community Details
Overview
- Echota Subdivision
Amenities
- Clubhouse
- Elevator
Recreation
- Fitness Center
- Community Pool
- Fishing
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2022
Closed on
Sep 8, 2022
Sold by
Mercer Thorp Jr John and Mercer Carol Joe
Bought by
Shankavaram Jayashree and Krishnaswamy Vikram
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
Trey Boggs
Foscoe Realty & Development
List Price
$349,999
Sold Price
$323,000
Premium/Discount to List
-$26,999
-7.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,950
Avg. Annual Appreciation
10.39%
Original Mortgage
$193,800
Outstanding Balance
$185,227
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$252,723
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shankavaram Jayashree | $323,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shankavaram Jayashree | $193,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2022 09/09/22 | Sold | $323,000 | -7.7% | $402 / Sq Ft | |
| 07/22/2022 07/22/22 | For Sale | $349,999 | +40.1% | $435 / Sq Ft | |
| 09/28/2020 09/28/20 | Sold | $249,900 | 0.0% | $311 / Sq Ft | View Prior Sale |
| 08/29/2020 08/29/20 | Pending | -- | -- | -- | |
| 07/29/2020 07/29/20 | For Sale | $249,900 | -- | $311 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $1,468 | $370,900 | $60,000 | $310,900 |
| 2023 | $1,445 | $370,900 | $60,000 | $310,900 |
| 2022 | $1,445 | $370,900 | $60,000 | $310,900 |
| 2021 | $1,055 | $215,300 | $60,000 | $155,300 |
| 2020 | $1,055 | $215,300 | $60,000 | $155,300 |
| 2019 | $1,055 | $215,300 | $60,000 | $155,300 |
| 2018 | $948 | $215,300 | $60,000 | $155,300 |
| 2017 | $862 | $215,300 | $60,000 | $155,300 |
| 2013 | -- | $201,900 | $60,000 | $141,900 |
Source: Public Records
Agents Affiliated with this Home
-
Leah Grove
-
Trey Boggs
T
Buyer's Agent in 2022
Trey Boggs
Foscoe Realty & Development
(336) 580-4220
14 in this area
75 Total Sales
-
Jen Thomas Quattlebaum
Buyer's Agent in 2020
Jen Thomas Quattlebaum
Foscoe Realty & Development
(828) 292-3999
20 in this area
55 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 238930
APN: 1889-53-4627-003
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.
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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