NOT LISTED FOR SALE

157 S Slope Loop Unit M3 Banner Elk, NC 28604

Estimated Value: $210,000 - $333,000

1 Bed
1.5 Baths
744 Sq Ft
$155/mo HOA Fee

Last Sold February 23, 2023

Last sale price $200,000 $269 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,471/month

92 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Skylights
  • Valle Crucis Elementary School Rated A-
  • Mountain Architecture
  • Porch

About This Home

As of February 2023

Spacious one bedroom one and a half bath loft style unit at South Slope now available! Wonderful natural light spills into the great room during the day, and the beautiful stone wood burning fireplace is perfect to cozy up to on cold winter evenings. Sliding glass doors lead out to the large deck where you can enjoy winter views of Grandfather Mountain! Beautiful stairs lead up to the large bedroom with en suite full bathroom, as well as a loft space that works wonderfully as a home office or reading nook. Excellent location with easy access to all of the area amenities and a short drive to both Boone, Banner Elk, or Blowing Rock.

Last Agent to Sell the Property

Bobbie Jo Mccachren

Keller Williams High Country Listed on: 11/22/2022

Keller Williams High Country

Last Buyer's Agent

James Canterbury

The Summit Group Of The Carolinas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $474

Year Built

  • Built in 1983

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • No Garage

Property Views

  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 744 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Porch
  • Property fronts a private road

Community Details

  • South Slope Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1878977712050

Property Details

Home Type

Condominium

Est. Annual Taxes

$474

Year Built

Built in 1983

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: South Slope
  • Above Grade Finished Sq Ft: 744.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1983
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Skylights, Vaulted Ceiling(s)
  • Living Area: 744.0
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Patio And Porch Features: Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 155.21
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878977712050
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 474.5
  • Tax Book Number: 1754/558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Feb 21, 2023
Sold by
Robinson Conway Iv Eustace
Bought by
Welter Gregory Evan and Welter Melissa Lynn
Seller's Agent
Bobbie Jo Mccachren
Keller Williams High Country
Buyer's Agent
James Canterbury
The Summit Group Of The Carolinas
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
133
Current Estimated Value
$242,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,709
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
May 21, 2014
Sold by
Lpp Mortgage Ltd
Bought by
Conway Eustace Robinson

Purchase Details

Closed on
Jan 17, 2014
Sold by
Miller Barry
Bought by
Lpp Mortgage Ltd

Purchase Details

Closed on
Jul 19, 2011
Sold by
Miller Barry L
Bought by
Miller Justin Dean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Welter Gregory Evan $200,000 None Listed On Document
Conway Eustace Robinson $31,000 None Available
Lpp Mortgage Ltd $41,268 None Available
Miller Justin Dean -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2023 02/23/23 Sold $200,000 -3.4% $269 / Sq Ft
01/18/2023 01/18/23 Price Changed $207,000 -3.7% $278 / Sq Ft
11/22/2022 11/22/22 For Sale $215,000 -- $289 / 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
2025 $497 $107,200 $5,400 $101,800
2024 $497 $107,200 $5,400 $101,800
2023 $475 $107,200 $5,400 $101,800
2022 $475 $107,200 $5,400 $101,800
2021 $505 $93,900 $15,000 $78,900
2020 $505 $93,900 $15,000 $78,900
2019 $505 $93,900 $15,000 $78,900
2018 $458 $93,900 $15,000 $78,900
2017 $458 $93,900 $15,000 $78,900
2013 -- $98,600 $15,000 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 240867

High Country Association of REALTORS®

APN: 1878-97-7712-050