196 Trout Pond Ln Unit 2 Banner Elk, NC 28604
Estimated payment $1,268/month
1
Bed
1.5
Baths
640
Sq Ft
$297
Price per Sq Ft
Highlights
- Vaulted Ceiling
- Traditional Architecture
- High Speed Internet
- Valle Crucis Elementary School Rated A-
- Ductless Heating Or Cooling System
- Wood Siding
About This Home
Discover this beautifully renovated Mill Ridge condo offering 1 bedroom, 1.5 baths, and soaring vaulted ceilings that create a spacious, airy feel. Enjoy bamboo flooring throughout and a modern kitchen featuring stainless steel appliances, a built-in microwave, and granite countertops. The main level is designed for comfort and functionality with a bright, open concept living and dining area and a convenient half bath. Upstairs, the generous primary bedroom includes a charming barn door and a full ensuite bath for added privacy. Nestled in the pet-friendly Mill Ridge community with amenities including a clubhouse, swimming pool, tennis and basketball courts, volleyball, trout fishing, and scenic hiking trails. With both short- and long-term rentals allowed, it’s an ideal investment opportunity or serene mountain getaway. Ideally located between Banner Elk and Boone, you’re just minutes from top-rated restaurants, shopping, outdoor adventures, and the natural beauty of North Carolina’s High Country. Please note: no showings until May 7th—interior photos coming soon.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $412
Year Built
- Built in 1972
Lot Details
- Property fronts a private road
HOA Fees
- $175 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Mountain Architecture
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 640 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Crawl Space
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Valle Crucis Elementary School
- Watauga High School
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Electric Water Heater
- High Speed Internet
Community Details
- Mill Ridge Subdivision
Listing and Financial Details
- Assessor Parcel Number 1878-96-3555-002
Map
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Home Values in the Area
Average Home Value in this Area
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 | $580 | $129,600 | $2,400 | $127,200 |
| 2023 | $557 | $129,600 | $2,400 | $127,200 |
| 2022 | $557 | $129,600 | $2,400 | $127,200 |
| 2021 | $467 | $85,400 | $10,000 | $75,400 |
| 2020 | $467 | $85,400 | $10,000 | $75,400 |
| 2019 | $467 | $85,400 | $10,000 | $75,400 |
| 2018 | $424 | $85,400 | $10,000 | $75,400 |
| 2017 | $424 | $85,400 | $10,000 | $75,400 |
| 2013 | -- | $81,300 | $7,500 | $73,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | For Sale | $190,000 | +93.9% | $297 / Sq Ft |
| 08/06/2019 08/06/19 | Sold | $98,000 | 0.0% | $143 / Sq Ft |
| 07/07/2019 07/07/19 | Pending | -- | -- | -- |
| 06/01/2019 06/01/19 | For Sale | $98,000 | -- | $143 / Sq Ft |
Source: High Country Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $98,000 | None Available | |
| Warranty Deed | $40,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Closed | $95,060 | New Conventional | |
| Previous Owner | $32,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in the area
Source: High Country Association of REALTORS®
MLS Number: 255210
APN: 1878-96-3555-002
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