NOT LISTED FOR SALE

1645 Balm Hwy Unit 11-C Banner Elk, NC 28604

Estimated Value: $505,852 - $573,000

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

Last Sold March 02, 2018

Last sale price $227,500 $144 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,351/month

116 Days on Market

Highlights

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

About This Home

As of March 2018

The Lodges at Elkmont are beautiful Adirondack Condominiums in Banner Elk.This Lodges location is separate from most of the other condos that are accessed through the main entrance. The easy level entry from scenic Hwy 194, make this a most desirable location! There are only 4 homes in this building and this is a lower right that has level entry from the parking area too. Rare to find in the mountains! The large and open great room has a nice sized living area, stone fireplace, dining, great kitchen with granite counters and bar, a huge pantry, separate laundry room and 2 bedrooms on this one level. Each of the bedrooms have their own bath with the master have a double sinks, a large tiled shower and separate water closet. The bath off the 2nd bedroom can also serve the great room and has a Jacuzzi tub. Many upgrades have been installed in this home. The outdoor living space is large and is accessed through the living room or the master bedroom. Flowing behind the condo is the beautiful Shawneehaw Creek and open yard with large boulders to sit on. The beautiful perennial gardens stay in bloom all summer and of all the Elkmont condos, this one has the most beautiful setting.

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 10/06/2017

Last Buyer's Agent

John Heinlein

Blue Ridge Realty & Inv. - Banner Elk

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2005

Lot Details

  • Home fronts a stream
  • Southern Exposure

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Metal Roof
  • Shake Siding
  • Stone Veneer
  • Hardboard

Interior Spaces

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

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

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

  • Cooling Available
  • 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
  • Assessor Parcel Number 1869-03-03-2559-00011-03

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,000

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
  • 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 Water Heater, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Stone, Propane
  • Fireplace: Yes
  • Living Area: 1583.0
  • Stories: 1
  • Window Features: Double Hung, Double Pane Windows

Exterior Features

  • View: River, Southern Exposure
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Hardboard, Shake Siding, Stone Veneer, Wood Frame
  • Exterior Features: Other, See Remarks, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Metal, Shingle

Garage/Parking

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

Utilities

  • Cooling: Heat Pump, 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: Short Term Rental Allowed
  • Association Fee: 265.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1869-03-03-2559-00011-03
  • Zoning Description: City,Deed Restrictions,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Book Number: 482/332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2019
Sold by
Nixon Linda F
Bought by
Hagner William J and Hagner Jonell R
Current Estimated Value
$544,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$113,608
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$431,009

Purchase Details

Listed on
Oct 6, 2017
Closed on
Feb 19, 2018
Sold by
Mcmanus Sharon Denise and Cox Sharon M
Bought by
Nixon Linda F
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
List Price
$227,500
Sold Price
$227,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hagner William J $255,000 None Available
Nixon Linda F $227,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagner William J $175,000
Previous Owner Braswell Kenneth H $259,662
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $227,500 0.0% $144 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
10/06/2017 10/06/17 For Sale $227,500 -10.4% $144 / Sq Ft
02/18/2014 02/18/14 Sold $254,000 0.0% $160 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
08/09/2013 08/09/13 For Sale $254,000 -- $160 / 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 $1,492 $372,900 -- $372,900
2023 $1,492 $372,900 $0 $372,900
2022 $1,492 $372,900 $0 $372,900
2021 $1,023 $186,000 $23,000 $163,000
2020 $2,065 $186,000 $23,000 $163,000
2019 $2,065 $186,000 $23,000 $163,000
2018 $1,023 $186,000 $23,000 $163,000
2016 $817 $182,600 $0 $0
2015 $817 $182,600 $20,000 $162,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 203953

High Country Association of REALTORS®

APN: 1869030325590001103