NOT LISTED FOR SALE

188 the Overlook Rd Unit 2 Banner Elk, NC 28604

Estimated Value: $164,000 - $198,890

1 Bed
1 Bath
722 Sq Ft
$165/mo HOA Fee

Last Sold December 19, 2018

Last sale price $77,000 $107 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,190/month

Highlights

  • Chalet
  • Baseboard Heating
  • Stone Fireplace
  • Valle Crucis Elementary School Rated A-
  • Wood Siding

About This Home

As of December 2018

Location Location. Rare Foscoe condo. The South Slope Overlook is easy to get in and out and convenient to Boone and Banner Elk. Only 15 minutes to App Campus. Nice updated unit shows well. One level living. Nice covered deck to enjoy the seasons of the Mountains. Must see this one.

Last Agent to Sell the Property

Michael Eller

Mtn Prop. of the High Country Listed on: 09/19/2018

Last Buyer's Agent

Hope Harvey

Blue Ridge Realty & Investments - Linville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $473

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Chalet
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 722 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Valle Crucis Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Community Details

  • South Slope Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1888-06-3918-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$473

Year Built

Built in 1985

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: South Slope
  • Above Grade Finished Sq Ft: 722.0
  • Architectural Style: Chalet/Alpine
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Exhaust Fan, Electric Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Living Area: 722.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1888-06-3918-002
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 473.0
  • Tax Book Number: 1229/766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Dec 7, 2018
Sold by
Monday Terry and Monday Elizabeth
Bought by
Coffey Shirley A
Seller's Agent
Michael Eller
Mtn Prop. of the High Country
Buyer's Agent
Hope Harvey
Blue Ridge Realty & Investments - Linville
List Price
$77,000
Sold Price
$77,000
Current Estimated Value
$185,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,223
Avg. Annual Appreciation
13.80%
Original Mortgage
$61,600
Outstanding Balance
$54,271
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$130,952

Purchase Details

Closed on
Oct 18, 2006
Sold by
Ramsdell Michael Rex and Ramsdell Gail Ann
Bought by
Monday Terry and Monday Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,001
Interest Rate
6.45%
Mortgage Type
New Conventional
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
Coffey Shirley A $77,000 None Available
Monday Terry $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffey Shirley A $61,600
Previous Owner Monday Terry $820,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $77,000 0.0% $107 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $77,000 -- $107 / 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 $501 $108,300 $10,000 $98,300
2023 $479 $108,300 $10,000 $98,300
2022 $479 $108,300 $10,000 $98,300
2021 $449 $81,500 $10,000 $71,500
2020 $449 $81,500 $10,000 $71,500
2019 $449 $81,500 $10,000 $71,500
2018 $408 $81,500 $10,000 $71,500
2017 $408 $81,500 $10,000 $71,500
2013 -- $82,900 $15,000 $67,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 210572

High Country Association of REALTORS®

APN: 1888-06-3918-002