NOT LISTED FOR SALE

162 Wapiti Way Unit D10 Banner Elk, NC 28604

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

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

Last Sold August 31, 2021

Last sale price $390,000 $246 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,275/month

74 Days on Market

Highlights

  • Mountain View
  • Mountain Architecture
  • Wrap Around Porch
  • Banner Elk Elementary School Rated A-
  • Furnished
  • Wood Frame Window

About This Home

As of August 2021

Enjoy layered mountain views as you overlook Shawneehaw creek from the expansive wrap-around covered deck of this unique Banner Elk condo. This turn key unit sleeps six and is offered elegantly furnished. The ample space features an open kitchen with granite, large dining room and main living area with rustic touches of wood and stone. Enjoy convenient paved access to the best downtown Banner Elk has to offer! Just a half mile to Banner Elk Winery, a mile to local breweries and 5.5 miles to both Sugar and Beech Mountain Ski Resorts. Tons of storage with walk in closet, large pantry, owners closet, and huge laundry room. The Lodges at Elkmont offers an adorable private park complete with firepit, pavilion, sledding hills, play fields and breathtaking views.

Last Agent to Sell the Property

David Davis

Keller Williams High Country Listed on: 05/18/2021

Keller Williams High Country

Co-Listed By

Tara Davis

Keller Williams High Country

Last Buyer's Agent

David Davis

Keller Williams High Country Listed on: 05/18/2021

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 2005

Lot Details

  • Home fronts a stream

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1,583 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Tray Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Wrap Around Porch
  • Outdoor Storage

Schools

  • Banner Elk Elementary School
  • Avery County High 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

$1,775

Year Built

Built in 2005

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3728
  • Co List Office Phone: (828) 386-1086
  • 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: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Furnished
  • Living Area: 1583.0
  • Stories: 1
  • Window Features: Double Pane Windows, Wood Frames

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Fiber Cement, Stone, Wood Siding, Wood Frame
  • Exterior Features: Storage, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Wrap Around
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Central Air, Electric, 1 Unit
  • 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
  • High School: Avery County

Lot Info

  • Parcel #: 1869030325590001004
  • Zoning Description: City,Multi-Family,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1775.0
  • Tax Book Number: 522/262

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Aug 26, 2021
Sold by
Barrett Dustin John and Barrett Jennifer Lynn
Bought by
Smith Scott Edward and Smith April Vincent
Seller's Agent
David Davis
Keller Williams High Country
Buyer's Agent
David Davis
Keller Williams High Country
List Price
$390,000
Sold Price
$390,000
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.
Estimated Appreciation
$139,174
Avg. Annual Appreciation
7.95%
Original Mortgage
$312,000
Outstanding Balance
$283,473
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$245,701

Purchase Details

Closed on
Jun 28, 2018
Sold by
Grooms Henry F
Bought by
Barrett Dustin John and Barrett Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Not Available
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
08/31/2021 08/31/21 Sold $390,000 0.0% $246 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $390,000 -- $246 / 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

  • D

    Seller's Agent in 2021

    David Davis

    Keller Williams High Country

    (828) 719-7573

    10 in this area

    70 Total Sales

    David Davis
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Tara Davis

    Keller Williams High Country

    (828) 719-5349

    10 in this area

    69 Total Sales

    Tara Davis
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 230462

High Country Association of REALTORS®

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

North Carolina Avery County Banner Elk 28604

162 Wapiti Way Unit D10, Banner Elk, NC

This home is located at 162 Wapiti Way Unit D10, Banner Elk, NC 28604 since 18 May 2021 and is currently estimated at $529,174, approximately $334 per square foot. This property was built in 2005. 162 Wapiti Way Unit D10 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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