NOT LISTED FOR SALE

170 Trout Pond Ln Unit 4 Banner Elk, NC 28604

Estimated Value: $182,000 - $257,000

1 Bed
1.5 Baths
719 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $136,000 $189 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,511/month

27 Days on Market

Highlights

  • River Access
  • Home fronts a pond
  • Chalet
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Porch

About This Home

As of February 2021

This cozy town home is well maintained and updated. The end unit town home has an open front deck with soft mountain and meadow views, a fenced side yard and back deck. Step into the main level with an open spaced living room, dining and kitchen. There is a half bath on this level as well as a stack washer and dryer. Enjoy the warmth of the Jotul vented fireplace in the winter months. The second level has a nice open loft/office/overflow sleeping space with great light and views. The master bedroom has wood floors and a nice view into the woods. There is a storage loft above the bedroom closet. The updated bathroom has tile floors, an oversized vanity and a nice tub/shower. The town home is cozy and just right for full-time residence, weekend getaways, or vacation rentals. This is a great opportunity to own this property in the beautiful community of Mill Ridge. Mill Ridge offers hiking trails, seasonal heated swimming pool, tennis courts, clubhouse, meadows, creeks and river frontage. This would be a money maker as an Air BNB. Come take a look today.

Last Agent to Sell the Property

Marc Chabot

Jenkins Realtors Listed on: 01/19/2021

Last Buyer's Agent

Michelle Griffin

High Country Resort Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $469

Year Built

  • Built in 1979

Lot Details

  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Chalet
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Radon Mitigation System
  • Hardboard

Interior Spaces

  • 719 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Open Patio
  • Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Mill Ridge Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878-96-3555-008

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$469

Year Built

Built in 1979

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 719.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1979
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: One, Gas, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 719.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Pond, River Access, Stream
  • Home Warranty: No
  • Construction Type: Hardboard, Wood Siding, Wood Frame
  • Patio And Porch Features: Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Security: Radon Mitigation System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878-96-3555-008
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 469.0
  • Tax Book Number: 1993/247

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 8, 2021
Sold by
Mcneil Hailey L and Mcneil William K
Bought by
Granger Anna A and Roeske Scott A
Seller's Agent
Marc Chabot
Jenkins Realtors
Buyer's Agent
Michelle Griffin
High Country Resort Properties
List Price
$136,000
Sold Price
$136,000
Current Estimated Value
$236,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,054
Avg. Annual Appreciation
13.15%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Chabot Marc L and Dillon Cynthia K
Bought by
Chabot Marc L and Dillon Cynthia K
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
Granger Anna A $136,000 None Available
Chabot Marc L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beshears Hailey L $95,000
Previous Owner Chabot Marc L $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $136,000 0.0% $189 / Sq Ft
01/19/2021 01/19/21 For Sale $136,000 -- $189 / 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 $631 $143,400 $2,300 $141,100
2023 $578 $135,300 $2,300 $133,000
2022 $578 $135,300 $2,300 $133,000
2021 $0 $85,800 $10,000 $75,800
2020 $469 $85,800 $10,000 $75,800
2019 $469 $85,800 $10,000 $75,800
2018 $426 $85,800 $10,000 $75,800
2017 $426 $85,800 $10,000 $75,800
2013 -- $86,500 $7,500 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 227894

High Country Association of REALTORS®

APN: 1878-96-3555-008