NOT LISTED FOR SALE

170 Trout Pond Ln Unit 3 Banner Elk, NC 28604

Estimated Value: $177,000 - $197,000

1 Bed
1 Bath
672 Sq Ft
$155/mo HOA Fee

Last Sold October 27, 2017

Last sale price $70,000 $104 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,194/month

125 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Mountain Architecture
  • Valle Crucis Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of October 2017

Remodeled Mill Ridge Town-home. New kitchen with granite counters, waterproof luxury vinyl plank flooring, re-plumbed, free standing gas fireplace, & kerosene monitor. Open front deck with view, & fenced rear patio area. Mill Ridge offers, pond and river access, tennis courts, hiking trails, and a swimming pool. Currently rented with a tenant that is flexible on staying or relocating. Very affordable unit for the High County and in great shape!

Last Agent to Sell the Property

Scott Warren

Boone Realty Listed on: 05/24/2017

Last Buyer's Agent

Michelle Kowalski

Blowing Rock Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $393

Year Built

  • Built in 1979

Lot Details

  • Home fronts a pond
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $155 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Open Patio

Schools

  • Valle Crucis Elementary School

Utilities

  • No Cooling
  • Space Heater
  • Wall Furnace
  • Heating System Uses Kerosene
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1878-96-3555-007

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$393

Year Built

Built in 1979

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 672.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Propane
  • Fireplace: Yes
  • Living Area: 672.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Gravel, No Garage, Shared Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Fireplace(s), Kerosene, Space Heater, Wall Furnace
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Tennis Court(s)
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878-96-3555-007
  • Zoning Description: Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 392.91
  • Tax Book Number: 1801/155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Cain William C and Cain Victoria D
Bought by
Goddard Benjamin James
Current Estimated Value
$187,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$100,796
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$86,855

Purchase Details

Listed on
May 24, 2017
Closed on
Oct 25, 2017
Sold by
Eatmon Ronald Samuel and Eatmon Kristie Wilson
Bought by
Cain William C and Cain Victoria D
Seller's Agent
Scott Warren
Boone Realty
Buyer's Agent
Michelle Kowalski
Blowing Rock Real Estate, LLC
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$56,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goddard Benjamin James $138,000 None Available
Cain William C $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goddard Benjamin James $110,000
Previous Owner Cain William C $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2017 10/27/17 Sold $70,000 0.0% $104 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $70,000 +16.7% $104 / Sq Ft
04/24/2015 04/24/15 Sold $60,000 0.0% $82 / Sq Ft View Prior Sale
03/25/2015 03/25/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $60,000 -- $82 / 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 $602 $135,700 $2,300 $133,400
2023 $579 $135,700 $2,300 $133,400
2022 $579 $135,700 $2,300 $133,400
2021 $470 $86,200 $10,000 $76,200
2020 $470 $86,200 $10,000 $76,200
2019 $470 $86,200 $10,000 $76,200
2018 $427 $86,200 $10,000 $76,200
2017 $427 $86,200 $10,000 $76,200
2013 -- $86,900 $7,500 $79,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 201168

High Country Association of REALTORS®

APN: 1878-96-3555-007