NOT LISTED FOR SALE

180 Hanging Rock Villas Unit 511 Seven Devils, NC 28604

Estimated Value: $191,000 - $249,000

1 Bed
1 Bath
600 Sq Ft
$164/mo HOA Fee

Last Sold April 24, 2023

Last sale price $185,000 $308 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,368/month

Highlights

  • Mountain View
  • Private Membership Available
  • Contemporary Architecture
  • Valle Crucis Elementary School Rated A-
  • Community Lake
  • Furnished

About This Home

As of April 2023

Come view this amazing, furnished investment opportunity with few exceptions on Seven Devils with rental history! Long term rentals and short term rentals are allowed! The condo sits at an elevation of about 3800 feet! This cozy one bedroom/one bathroom mountain condo has unbelievable long-range views nestled in the heart of the Seven Devils community, which is near Boone, Banner Elk, Valle Crucis, Blowing Rock, Sugar Mountain, Beech Mountain, Linville, and the Blue Ridge Parkway. The beautiful views and the soothing sounds of the nearby waterfall set the scene for this freshly decorated condo. Watch the sunrise from your private deck before heading out for a hike at the Otter Falls trailhead next door or across the valley at Grandfather Mountain. Enjoy Hawksnest snow tubing and zip lines right up the road on Seven Devils. Ski season is effortless with Sugar Mountain Ski Resort, Beech Mountain Resort, and Appalachian Ski Mountain just a short drive away. After a full day outdoors, come return home to this stunning condo to catch the sunset!

Last Agent to Sell the Property

Jules Blaylock

Elevate Land & Realty Banner Elk Listed on: 03/22/2023

Co-Listed By

Jefferson Vermillion

Engel & Volkers Banner Elk

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $680

Year Built

  • Built in 1984

HOA Fees

  • $164 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Block And Beam Construction
  • Masonry

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Factory Built Fireplace
  • Stone Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Southern Exposure

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878-04-0855-017

Community Details

Overview

  • Private Membership Available
  • Hanging Rock Villas Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$680

Year Built

Built in 1984

Lot Details

0

HOA Fees

$164 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 203
  • Co List Office Phone: 828-963-2930
  • Subdivision Name: Hanging Rock Villas
  • Above Grade Finished Sq Ft: 600.0
  • Architectural Style: Contemporary, Traditional
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1984
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 828-963-2930
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: One, Factory Built, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 600.0
  • Stories: 1

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Masonry, Vinyl Siding, Wood Frame
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Lake, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 164.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878-04-0855-017
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 680.0
  • Tax Book Number: 2194/284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Apr 20, 2023
Sold by
Allen Keith M and Allen Sarah
Bought by
Parker Shannon and Parker Chandra
Seller's Agent
Jules Blaylock
Elevate Land & Realty Banner Elk
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%
Views
20
Current Estimated Value
$217,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,455
Avg. Annual Appreciation
6.71%

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 17, 2021
Sold by
Goetz Andrew J and Goetz Catherine S
Bought by
Allen Keith M
Seller's Agent
Irene Sawyer
Keller Williams High Country
Buyer's Agent
Susan Smith
Realty One Group Select
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.28%
Original Mortgage
$78,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2020
Closed on
May 18, 2020
Sold by
Svorcek John A
Bought by
Goetz Andrew J and Goetz Catherine S
Seller's Agent
Tom Gidley
Blue Ridge Realty & Investments - Linville
Buyer's Agent
Irene Sawyer
Keller Williams High Country
List Price
$73,500
Sold Price
$73,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.48%

Purchase Details

Closed on
Apr 30, 2007
Sold by
Jonson Jep C and Jonson Linda S
Bought by
Svorcek John A

Purchase Details

Closed on
Apr 1, 2005
Sold by
Cox William M and Cox Rhonda S
Bought by
Jonson Jep C and Jonson Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.6%
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
Parker Shannon $185,000 None Listed On Document
Allen Keith M $110,000 None Available
Goetz Andrew J $73,500 None Available
Svorcek John A $76,000 None Available
Jonson Jep C $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Keith M $78,750
Previous Owner Jonson Jep C $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2023 04/24/23 Sold $185,000 +2.8% $308 / Sq Ft
03/22/2023 03/22/23 For Sale $180,000 +63.6% $300 / Sq Ft
05/28/2021 05/28/21 Sold $110,000 0.0% $183 / Sq Ft View Prior Sale
04/28/2021 04/28/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $110,000 +49.7% $183 / Sq Ft
05/21/2020 05/21/20 Sold $73,500 0.0% $123 / Sq Ft View Prior Sale
04/21/2020 04/21/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $73,500 -- $123 / 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 $663 $141,100 $10,000 $131,100
2023 $1,176 $139,100 $10,000 $129,100
2022 $1,176 $139,100 $10,000 $129,100
2021 $776 $76,200 $10,000 $66,200
2020 $776 $76,200 $10,000 $66,200
2019 $776 $76,200 $10,000 $66,200
2018 $738 $76,200 $10,000 $66,200
2017 $738 $76,200 $10,000 $66,200
2013 -- $78,800 $12,500 $66,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 242414

High Country Association of REALTORS®

APN: 1878-04-0855-017