NOT LISTED FOR SALE

181 Hillcrest Ln Unit A1,A2,A3,A4 Banner Elk, NC 28604

Estimated Value: $191,742 - $225,000

2 Beds
1 Bath
2,496 Sq Ft
$82/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $210,000 $84 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,994/month

12 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Baseboard Heating
  • Banner Elk Elementary School Rated A-
  • Double Pane Windows
  • Wood Siding

About This Home

As of October 2018

Investor opportunity for entire rental building. Walking distance to downtown Banner Elk. Strong rental history. Established and well working POA .

Last Agent to Sell the Property

Zoe Schmidinger

The Summit Group Of The Carolinas Listed on: 09/16/2018

Last Buyer's Agent

Zoe Schmidinger

The Summit Group Of The Carolinas Listed on: 09/16/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,683

Year Built

  • Built in 1981

Lot Details

  • 1.32

HOA Fees

  • $877 Monthly HOA Fees

Home Design

  • Triplex
  • Traditional Architecture
  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,496 Sq Ft Home
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Electric Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Avery Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 4 Units
  • Sugarview Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-17-21-4120-00001-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,683

Year Built

Built in 1981

Lot Details

0

HOA Fees

$877 per month

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Subdivision Name: Sugarview
  • Architectural Style: Mountain, Traditional
  • Year Built: 1981
  • Property Sub Type Additional: Triplex,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 2632.4
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Avery

Lot Info

  • Parcel #: 1859-17-21-4120-00001-01
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1682.82
  • Tax Book Number: 426/2462

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2018
Closed on
Oct 23, 2018
Sold by
Henderson Properties And Investments Llc
Bought by
Oxford Rentals Llc
Seller's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
Buyer's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$204,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,086
Avg. Annual Appreciation
-0.35%
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
Oxford Rentals Llc $210,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $210,000 0.0% $84 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
09/16/2018 09/16/18 For Sale $210,000 -- $84 / 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 $357 $83,700 -- $83,700
2023 $357 $83,700 $0 $83,700
2022 $357 $83,700 $0 $83,700
2021 $258 $44,300 $5,000 $39,300
2020 $506 $44,300 $5,000 $39,300
2019 $508 $44,300 $5,000 $39,300
2018 $260 $44,300 $5,000 $39,300
2017 $427 $36,600 $0 $0
2016 $174 $36,600 $0 $0
2015 $173 $36,600 $5,000 $31,600
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2018

    Zoe Schmidinger

    The Summit Group Of The Carolinas

    (828) 260-8322

    13 in this area

    63 Total Sales

    Zoe Schmidinger
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Map

Source: High Country Association of REALTORS®

MLS Number: 210466

High Country Association of REALTORS®

APN: 1859-17-21-4120-00001-01

North Carolina Avery County Banner Elk 28604

181 Hillcrest Ln Unit A1,A2,A3,A4, Banner Elk, NC

This home is located at 181 Hillcrest Ln Unit A1,A2,A3,A4, Banner Elk, NC 28604 since 16 September 2018 and is currently estimated at $204,914, approximately $82 per square foot. This property was built in 1981. 181 Hillcrest Ln Unit A1,A2,A3,A4 is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Grandfather Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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