NOT LISTED FOR SALE

164 Trout Pond Ln Banner Elk, NC 28604

Estimated Value: $487,000 - $535,000

4 Beds
3.5 Baths
1,720 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $243,000 $141 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,061/month

45 Days on Market

Highlights

  • Private Pool
  • Home fronts a pond
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Contemporary Architecture

About This Home

As of October 2019

Beautiful home located in Mill Ridge, one of the High Countries most sought after communities! Mill Ridge began in the 1970's and has approximately 75 full time residents and 100 part time residents. This home is a rare find in the community with a small well manicured back yard along with exceptional year round mountain, pond and creek views!! The home has 3 bedrooms and 3 bathrooms upstairs and a half bath down stairs. The downstairs has been modeled after a early 1900's home down to the pull chain toilet, tin ceiling and hard wood floors. It also features a hand crafted wormy chestnut wet bar for your enjoyment. Special features included with the home are, three gas fireplaces, 27' retractable awning over the front deck. A large rear sun porch with a fireplace, large sliding glass windows and an outside area adjacent to the sun porch that can accommodate a hot tub! The community is governed by a property owners association that provides water, sewage, trash collection, outdoor swimming pool, tennis courts, clubhouse, and road maintenance, onsite management to ensure a friendly, safe environment for families and pets!

Last Agent to Sell the Property

Mark Moody

Action Realty Listed on: 08/10/2019

Last Buyer's Agent

Mark Moody

Action Realty Listed on: 08/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $905

Year Built

  • Built in 1980

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road
  • Partially Wooded Lot
  • Zoning described as Subdivision

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 3 Fireplaces
  • Gas Fireplace
  • Propane Fireplace
  • Mountain Views
  • Finished Basement
  • Exterior Basement Entry

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Private Pool
  • Stream or River on Lot
  • Open Patio

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878-96-3644-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$905

Year Built

Built in 1980

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 1360.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 360.0
  • Fireplace Features: Three, Gas, Vented, Propane
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 1720.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • Pool Private: Yes
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream, Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Pool, Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Open
  • Roof: Metal, Shake, Wood

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: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878-96-3644-000
  • Zoning Description: Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 905.0
  • Tax Book Number: 1799/571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Algahtani Abdullah A and Algahtani Suzan
Bought by
Long Kenneth L and Long Josephine H
Current Estimated Value
$512,921

Purchase Details

Listed on
Aug 10, 2019
Closed on
Oct 23, 2019
Sold by
Cranor Ventures Llc
Bought by
Algahtani Abudllah A and Algahtani Suzan
Seller's Agent
Mark Moody
Action Realty
Buyer's Agent
Mark Moody
Action Realty
List Price
$243,000
Sold Price
$243,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%

Purchase Details

Closed on
Mar 12, 2015
Sold by
Baldauff James D and Baldauff Patricia S
Bought by
Cranor Ventures Llc
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
Long Kenneth L $435,000 None Listed On Document
Algahtani Abudllah A $243,000 None Available
Cranor Ventures Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Algahtani Abdullah A $291,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $243,000 0.0% $141 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
08/10/2019 08/10/19 For Sale $243,000 -- $141 / 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 $1,160 $364,700 $20,600 $344,100
2023 $1,386 $354,900 $20,600 $334,300
2022 $1,386 $354,900 $20,600 $334,300
2021 $0 $204,700 $18,800 $185,900
2020 $1,007 $204,700 $18,800 $185,900
2019 $1,007 $204,700 $18,800 $185,900
2018 $905 $204,700 $18,800 $185,900
2017 $905 $204,700 $18,800 $185,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 217027

High Country Association of REALTORS®

APN: 1878-96-3644-000