NOT LISTED FOR SALE

152 Red Tail Summit Unit CI-3 Boone, NC 28607

Estimated Value: $403,471 - $458,000

1 Bed
1 Bath
804 Sq Ft
$358/mo HOA Fee

Last Sold September 09, 2022

Last sale price $323,000 $402 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,856/month

48 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 September 2022

Immaculate 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.

Last Listed By

Leah Grove

Foscoe Realty & Development Listed on: 07/22/2022

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$872

Year Built

Built in 2012

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Echota
  • Above Grade Finished Sq Ft: 804.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2012
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: One, Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 804.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • View: Long Range
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Fiber Cement, Stone Veneer, Wood Frame
  • Exterior Features: Elevator
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Green Building Features: Elevator(s)
  • 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: 1075.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1889-53-4627-003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 872.0
  • Tax Book Number: 9/149

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%
Total Days on Market
48
Current Estimated Value
$428,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,618
Avg. Annual Appreciation
11.22%
Original Mortgage
$193,800
Outstanding Balance
$186,501
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$242,117

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
Shankavaram Jayashree $323,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shankavaram Jayashree $193,800
Previous Owner Thorp John Mercer $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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 $1,468 $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

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Source: High Country Association of REALTORS®

MLS Number: 238930

High Country Association of REALTORS®

APN: 1889-53-4627-003