NOT LISTED FOR SALE

186 Bear Cub Ln Banner Elk, NC 28604

Estimated Value: $594,000 - $648,727

3 Beds
2.5 Baths
1,824 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $379,000 $208 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,619/month

59 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • Oversized Parking
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Tray Ceiling

About This Home

As of October 2020

Bear Run townhomes in Banner Elk is one of the most sought after developments! There are great views of Beech Mountain and the level entry into the development and the home are very desirable. No stairs! Built in 2006 in the elegant mountain style, these desirable homes have a tongue-in-groove cathedral ceiling, a stone fireplace, granite counters, custom cabinets, hardwood and slate floors, tiled baths, carpeted bedrooms with lit tray ceilings, lots of storage, a master on the main, 2 bedrooms upstairs, and an oversized 1 car garage. The list goes on. This is a coveted end unit that has a bay window and high large fixed window to let in lots of light. Being an end unit also allows for a nice back yard and patio and a side yard that adjoins the stream. The refrigerator and dishwasher have been recently been replaced. The home has natural gas and air conditioning! It is being sold unfurnished but with a few items that could be purchased separately. Just minutes away from Banner Elk, Sugar Mountain and Beech Mountain Ski Resorts, the Blue Ridge Parkway, Grandfather Mountain, fine dining and shopping.

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 07/15/2020

Last Buyer's Agent

Cindy Kovalcin

Allen Tate Realtors Boone

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,643

Year Built

  • Built in 2006

Lot Details

  • 436 Sq Ft Lot
  • Home fronts a stream

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Oversized Parking
  • Driveway

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Bear Run Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1858-10-45-9532-00301

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,643

Year Built

Built in 2006

Lot Details

0

HOA Fees

$183 per month

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Road Surface Type: Paved
  • Subdivision Name: Bear Run
  • Above Grade Finished Sq Ft: 1824.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Vented, Gas
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Cathedral Ceiling(s), Vaulted Ceiling(s), Window Treatments
  • Living Area: 1824.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Driveway, Garage, One Car Garage, Oversized

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 550.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1858-10-45-9532-00301
  • Zoning Description: City,Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3643.2
  • Tax Book Number: 442/533

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Gerald And Valerie Fitzgerald Living Tru
Bought by
Palmer Lois A and Palmer Steven K
Current Estimated Value
$601,127

Purchase Details

Listed on
Jul 15, 2020
Closed on
Oct 5, 2020
Sold by
Cutrera Rudolph V and Cutrera Mary L
Bought by
Fitzgerald Gerald and Fitzgerald Valerie
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
Cindy Kovalcin
Allen Tate Realtors Boone
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$303,200
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Palmer Lois A $550,000 None Listed On Document
Fitzgerald Gerald $379,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fitzgerald Gerald $303,200
Previous Owner Cutrera Rudolph V $240,999
Previous Owner Cutrera Rudolph $235,966
Previous Owner Cutrera Rudolph $239,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $379,000 0.0% $208 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $379,000 -- $208 / 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
2023 $1,742 $435,500 $0 $435,500
2022 $1,742 $435,500 $0 $435,500
2021 $1,822 $331,200 $55,000 $276,200
2020 $3,676 $331,200 $55,000 $276,200
2019 $3,676 $331,200 $55,000 $276,200
2018 $1,822 $331,200 $55,000 $276,200
2017 $2,726 $241,200 $0 $0
2016 $1,079 $241,200 $0 $0
2015 $1,079 $241,200 $45,000 $196,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marsha McManus

    The Summit Group Of The Carolinas

    (828) 260-2490

    69 in this area

    114 Total Sales

    Section Image
  • Cindy Kovalcin

    Buyer's Agent in 2020

    Cindy Kovalcin

    Allen Tate Realtors Boone

    (828) 278-8337

    7 in this area

    35 Total Sales

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Map

Source: High Country Association of REALTORS®

MLS Number: 223162

High Country Association of REALTORS®

APN: 1858-10-45-9532-00301

North Carolina Avery County Banner Elk 28604

186 Bear Cub Ln, Banner Elk, NC

This home is located at 186 Bear Cub Ln, Banner Elk, NC 28604 since 15 July 2020 and is currently estimated at $625,182, approximately $342 per square foot. This property was built in 2006. 186 Bear Cub Ln is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery 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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