NOT LISTED FOR SALE

188 Laurel Ridge Rd Unit C-16 Banner Elk, NC 28604

Estimated Value: $428,000 - $504,000

4 Beds
3 Baths
1,688 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $443,000 $262 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,773/month

59 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Deck
  • Valle Crucis Elementary School Rated A-
  • Clubhouse
  • Pond

About This Home

As of December 2024

For under $500K, you can own "Laurel Lodge," a four-bedroom, three-bath home in Mill Ridge. This fully furnished property features central heat and air, and numerous updates including a new metal roof, stainless kitchen appliances, and paved driveway. The home boasts two living areas, a large deck for entertaining, and updated bathrooms with granite counters. The main level includes a primary en-suite bedroom, another bedroom, and a full bath, while the lower level has a living/game room, two more bedrooms, and an additional bath. There’s ample parking for six cars, and the property is conveniently located between Boone and Banner Elk, close to ski slopes and local amenities. The community offers tennis courts, a hiking trail, a swimming pool, and a clubhouse. Short-term and long-term rentals are allowed.

Last Agent to Sell the Property

Leslie Eason

Keller Williams High Country Brokerage Email: leslie@easonteam.com License #255892 Listed on: 09/10/2024

Keller Williams High Country

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 1987

Lot Details

  • 3,485

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cottage
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Pond
  • Deck
  • Shed
  • Wrap Around Porch

Schools

  • Banner Elk Elementary School

Utilities

  • Central Air
  • Heat Pump System
  • Community Well
  • Shared Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1888-06-0014-000

Community Details

Overview

  • Mill Ridge Poa, Phone Number (828) 963-4900
  • Mill Ridge Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Indoor Game Court
  • Community Playground
  • Trails

Additional Features

  • Clubhouse
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,123

Year Built

Built in 1987

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Other
  • Year Built: 1987
  • Restrictions: Deed,Short Term Rental Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: None
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 262.44
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Attribution Contact: leslie@easonteam.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 901
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 901
  • Has Basement: Exterior Entry, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 787
  • Door Features: Screen Door(s)
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1688
  • Bedroom Main: 2
  • Room Count: 11
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Mountain(s)
  • Waterfront Features: None
  • Waterfront Elevation: 3000
  • Construction Type: Hard Stucco, Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, Keypad Entry, Other - See Remarks

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Shared Septic
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Game Court, Playground, Pond, Tennis Court(s), Walking Trails
  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Mill Ridge POA
  • Phone: 828-963-4900
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 1980.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Views
  • Lot Size Area: 0.08
  • Lot Size Units: Acres
  • Parcel Number: 1888-06-0014-000
  • Plat Book Slide: 5,6/255,10
  • Plat Reference Section Pages: 5,6/255,10
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Banner Elk
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Dec 16, 2024
Sold by
Dasher Gregory W and Dasher Kate B
Bought by
Robinson Donna Kimberly and Robinson James Terry
Seller's Agent
Leslie Eason
Keller Williams High Country
Buyer's Agent
Non Member
Canopy Administration
List Price
$469,000
Sold Price
$443,000
Premium/Discount to List
-$26,000
-5.54%
Views
51
Current Estimated Value
$453,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,030
Avg. Annual Appreciation
4.31%
Original Mortgage
$354,400
Outstanding Balance
$353,179
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$99,851

Purchase Details

Closed on
May 21, 2021
Sold by
Cone David T
Bought by
Dasher Gregory W and Dasher Kate B

Purchase Details

Closed on
Nov 10, 2017
Sold by
Tabussi Madeline and Bochette Lee
Bought by
Cone David T and Cone Katelynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2012
Sold by
Clark Melissa and Clark Christopher
Bought by
Clark Christopher and Tabussi Madeline

Purchase Details

Closed on
Aug 8, 2007
Sold by
Clark Michael and Clark Madeline
Bought by
Married Madeline Clark
Source: Public Records

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Range of Values:

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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
Robinson Donna Kimberly $443,000 None Listed On Document
Robinson Donna Kimberly $443,000 None Listed On Document
Dasher Gregory W $310,000 None Available
Cone David T $156,000 None Available
Clark Christopher -- None Available
Married Madeline Clark -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Donna Kimberly $354,400
Closed Robinson Donna Kimberly $354,400
Previous Owner Cone David T $120,700
Previous Owner Cone David T $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $443,000 -1.3% $262 / Sq Ft
09/16/2024 09/16/24 Price Changed $449,000 -4.3% $266 / Sq Ft
09/10/2024 09/10/24 For Sale $469,000 -- $278 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,123 $277,300 $13,800 $263,500
2023 $1,100 $277,300 $13,800 $263,500
2022 $1,100 $277,300 $13,800 $263,500
2021 $837 $167,100 $12,500 $154,600
2020 $837 $167,100 $12,500 $154,600
2019 $837 $167,100 $12,500 $154,600
2018 $753 $167,100 $12,500 $154,600
2017 $753 $167,100 $12,500 $154,600
2013 -- $166,700 $10,000 $156,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4179433

Canopy MLS (Canopy Realtor® Association)

APN: 1888-06-0014-000