NOT LISTED FOR SALE

162 Deer Run Ln Unit 7B Banner Elk, NC 28604

Estimated Value: $603,270 - $645,000

3 Beds
3 Baths
1,790 Sq Ft
$208/mo HOA Fee

Last Sold February 16, 2012

Last sale price $290,000 $162 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,653/month

Highlights

  • Ski Accessible
  • Golf Course Community
  • Mountain Architecture
  • Banner Elk Elementary School Rated A-
  • Mountain View
  • 1 Fireplace

About This Home

As of February 2012

Minutes from Banner Elk and all it has to offer, enjoy long range view, peace & quiet from the covered deck of this like-new, fully FURNISHED, 3 bedroom/3bath luxury condominium. It features ground level entry, wood framed doors and windows inside, an open floor plan with master on main, 2nd bedroom on main, tongue & groove ceilings, granite counters/stainless steel appliances/maple cabinetry in the kitchen, and a beautiful stacked stone fireplace. The second floor has a 3rd bedroom and 3rd full bath, a comfortable loft for family rest and recreation, and a large owners closet. The Lodges at Elkmont is one of Banner Elk's newer communities. Shawneehaw Creek flows thru the 17 acres where only 56 lodges are located in 11 Adirondack style buildings. The Home Owners Association maintains the exterior so there's no yard work while you are on vacation. Common area with Gazebo, Picnic tables and grill. Nice hiking trails and trout stream. This well-maintained home is ready for vacationing, seasonal or year-round residency.

Last Buyer's Agent

Todd Rice

Blue Ridge Realty & Inv. Blowing Rock

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 2005

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Shake Siding
  • Hardboard
  • Stone

Interior Spaces

  • 1,790 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Mountain Views
  • Pull Down Stairs to Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1869030325590000702

Community Details

Overview

  • Lodges At Elkmont Subdivision

Recreation

  • Golf Course Community
  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,534

Year Built

Built in 2005

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Lodges At Elkmont
  • Above Grade Finished Sq Ft: 1790.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Pull Down Attic Stairs
  • Living Area: 1790.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Shake Siding, Stone
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Electric, Forced Air, Gas, None, Other, See Remarks, Wood
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Skiing, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 208.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1869030325590000702
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2533.64
  • Tax Book Number: 409/2183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2011
Closed on
Feb 14, 2012
Sold by
Brickman Nancy J
Bought by
Voelsing Edward F and Voelsing Kelli H
Buyer's Agent
Todd Rice
Blue Ridge Realty & Inv. Blowing Rock
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$620,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,090
Avg. Annual Appreciation
5.73%
Original Mortgage
$217,500
Outstanding Balance
$88,828
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$531,262
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
Voelsing Edward F $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voelsing Edward F $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2012 02/16/12 Sold $290,000 0.0% $162 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
09/10/2011 09/10/11 For Sale $290,000 -- $162 / 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 $1,738 $434,500 -- $434,500
2023 $1,738 $434,500 $0 $434,500
2022 $1,738 $434,500 $0 $434,500
2021 $1,508 $274,100 $56,300 $217,800
2020 $3,043 $274,100 $56,300 $217,800
2019 $3,043 $274,100 $56,300 $217,800
2018 $1,508 $274,100 $56,300 $217,800
2017 $2,465 $218,100 $0 $0
2016 $975 $218,100 $0 $0
2015 $975 $218,100 $20,000 $198,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2012

    Todd Rice

    Blue Ridge Realty & Inv. Blowing Rock

    (828) 263-8711

    10 in this area

    114 Total Sales

    Todd Rice
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 168966

High Country Association of REALTORS®

APN: 1869-03-03-2559-00007-02

North Carolina Avery County Banner Elk 28604

162 Deer Run Ln Unit 7B, Banner Elk, NC

This home is located at 162 Deer Run Ln Unit 7B, Banner Elk, NC 28604 since 10 September 2011 and is currently estimated at $620,090, approximately $346 per square foot. This property was built in 2005. 162 Deer Run Ln Unit 7B 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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