NOT LISTED FOR SALE

162 Wapiti Way Unit 10-D Banner Elk, NC 28604

Estimated Value: $510,522 - $554,000

2 Beds
2 Baths
1,583 Sq Ft
$265/mo HOA Fee

Last Sold July 03, 2018

Last sale price $230,000 $145 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,275/month

8 Days on Market

Highlights

  • River View
  • Mountain Architecture
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • Furnished
  • Double Pane Windows

About This Home

As of July 2018

Enjoy the sounds of the rushing creek from this 2 bed, 2 bath 1583sqft luxury Banner Elk Townhome in The Lodges At Elkmont. Step inside this gorgeous corner unit any enjoy the benefits of a wrap around porch, mountain views and sounds of the rushing creek below. The Kitchen features granite counter tops, stainless steel appliances and walk-in panty. Just to its side sits the dining area with room for multiple guests and a large bay window helping draw in mountain views and natural light. The Living room features a large and open layout with propane stone fireplace, additional windows and sliding glass door leading to the back patio. Continuing on lies master suite with its own direct patio access with sliding glass door, master bath with walk in closet, his and her sinks, private toilet and shower. Additional bedroom features closet space and separate entrance into the main bathroom. Separate washroom with wash/dryer, slop sink and cabinets. Property is conveniently located just 1.5 miles to downtown Banner Elk. Selling FULLY FURNISHED!!

Last Agent to Sell the Property

Brandon Freyer

Keller Williams High Country Listed on: 05/25/2018

Keller Williams High Country

Last Buyer's Agent

David Davis

Keller Williams High Country

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 2005

Lot Details

  • Home fronts a stream
  • Property fronts a private road

HOA Fees

  • $265 Monthly HOA Fees

Property Views

  • River
  • Mountain

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Shake Siding
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 1,583 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary 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 1869030325590001004

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,000

Year Built

Built in 2005

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Lodges At Elkmont
  • Above Grade Finished Sq Ft: 1583.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1583.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s), River
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Hardboard, Concrete, Shake Siding, Stone Veneer, Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved, Private

Utilities

  • 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

Lot Info

  • Parcel #: 1869030325590001004
  • Zoning Description: Deed Restrictions,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Book Number: 415/227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Barrett Dustin John and Barrett Jennifer Lynn
Bought by
Smith Scott Edward and Smith April Vincent
Current Estimated Value
$529,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$283,473
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$245,701

Purchase Details

Listed on
May 25, 2018
Closed on
Jun 28, 2018
Sold by
Grooms Henry F
Bought by
Barrett Dustin John and Barrett Jennifer Lynn
Seller's Agent
Brandon Freyer
Keller Williams High Country
Buyer's Agent
David Davis
Keller Williams High Country
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$222,323
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Lodges At Elmont Llc
Bought by
Grooms Henry F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,108
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Smith Scott Edward $390,000 None Available
Smith Scott Edward $390,000 None Listed On Document
Barrett Dustin John $230,000 None Available
Grooms Henry F $456,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Scott Edward $312,000
Closed Smith Scott Edward $312,000
Previous Owner Barrett Dustin John $222,323
Previous Owner Grooms Henry F $401,004
Previous Owner Grooms Henry F $410,108
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $230,000 0.0% $145 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $230,000 -- $145 / 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 $1,581 $372,900 -- $372,900
2023 $1,581 $372,900 $0 $372,900
2022 $1,590 $372,900 $0 $372,900
2021 $1,019 $185,300 $23,000 $162,300
2020 $2,057 $185,300 $23,000 $162,300
2019 $2,057 $185,300 $23,000 $162,300
2018 $1,019 $185,300 $23,000 $162,300
2017 $2,055 $181,900 $0 $0
2016 $813 $181,900 $0 $0
2015 $813 $181,900 $20,000 $161,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 207872

High Country Association of REALTORS®

APN: 1869-03-03-2559-00010-04