$98,000
SOLD AUG 6, 2019

196 Trout Pond Ln Unit 2 Banner Elk, NC 28604

1 Bed
1.5 Baths
684 Sq Ft
$155/mo HOA Fee

Recently Sold

$143 Per Sq Ft

35 Days on Market

Highlights

  • Home fronts a pond
  • Mountain View
  • Contemporary Architecture
  • Valle Crucis Elementary School Rated A-
  • Clubhouse
  • Stream or River on Lot

About This Home

As of July 2025

DO NOT JUDGE A BOOK BY ITS COVER. Much time labor and love went into this renovation. From the minute you open the door and step into this unit, you will find quality, taste, superior construction and remodel with an extreme amount of imagination a gift for utilization of space and square footage. Although these units are small this one is "mighty". Entry level is living, dining, kitchen, and half bath. living area has vaulted ceilings. The back deck area is enclosed with some new plantings, but, owner left plenty of space for your own taste in gardening. Upstairs bedroom with barn door has plenty of room for a queen size bed and your own private bath. Floors are bamboo, new lighting fixtures, new SS appliances, stone backsplash, granite and a full-sized washer and dryer, everything freshly painted. Did I mention the barn door???. The heating and air is a new split mini unit (12000 BTU) that should easily make for a pleasant environment. Also, the upstairs bedroom has an AC wall unit. These units make a great vacation home or rental. Mill Ridge has many amenities, pool, tennis, ponds, play area, picnic areas, and hiking. Plenty to do for all ages.

Last Agent to Sell the Property

Margie Hyatt

Hyatt In The High Country, Inc. Listed on: 06/01/2019

Last Buyer's Agent

Alison Phillips

The Summit Group Of The Carolinas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $433

Year Built

  • Built in 1979

Lot Details

  • Home fronts a pond

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 684 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • Shared Driveway
  • On-Street Parking

Outdoor Features

  • Stream or River on Lot
  • Open Patio
  • Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878963555002

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$433

Year Built

Built in 1979

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 684.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 684.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Asphalt, Driveway, Gravel, No Garage, Shared Driveway, On Street

Utilities

  • Laundry Features: Main Level
  • Cooling: Other, See Remarks, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other, See Remarks
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878963555002
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 432.72
  • Tax Book Number: 1953/176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jul 10, 2025
Sold by
Frady Cody Michael
Bought by
Martini Properties Llc
Seller's Agent
Justin Hackler
Boone Realty
Buyer's Agent
Ron Kent
EXP Realty LLC
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6066.66%
Original Mortgage
$193,600
Outstanding Balance
$193,600
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$26,148

Purchase Details

Listed on
Jun 1, 2019
Closed on
Jul 25, 2019
Sold by
Chandler Jeffrey B and Chandler Edith
Bought by
Frady Michael
Seller's Agent
Margie Hyatt
Hyatt In The High Country, Inc.
Buyer's Agent
Alison Phillips
The Summit Group Of The Carolinas
List Price
$98,000
Sold Price
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$95,060
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Bumgarner Jacqueline
Bought by
Chandler Jeffrey and Chandler Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $142,000 None Listed On Document
Warranty Deed $98,000 None Available
Warranty Deed $40,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $193,600 Credit Line Revolving
Previous Owner $100,000 New Conventional
Previous Owner $95,060 New Conventional
Previous Owner $32,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $142,000 -5.3% $212 / Sq Ft
06/05/2025 06/05/25 Price Changed $150,000 0.0% $224 / Sq Ft
06/05/2025 06/05/25 For Sale $150,000 -21.1% $224 / Sq Ft
05/27/2025 05/27/25 Off Market $190,000 -- --
04/30/2025 04/30/25 For Sale $190,000 +93.9% $284 / 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®

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 $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

Agents Affiliated with this Home

  • Justin Hackler

    Seller's Agent in 2025

    Justin Hackler

    Boone Realty

    (828) 773-0614

    13 in this area

    88 Total Sales

    Section Image
  • Ron Kent

    Buyer's Agent in 2025

    Ron Kent

    EXP Realty LLC

    (561) 886-5904

    44 in this area

    169 Total Sales

    Section Image

  • M

    Seller's Agent in 2019

    Margie Hyatt

    Hyatt In The High Country, Inc.

    (828) 265-6812

    5 in this area

    31 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    Alison Phillips

    The Summit Group Of The Carolinas

    (828) 260-2089

    27 in this area

    60 Total Sales

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 215277

High Country Association of REALTORS®

APN: 1878-96-3555-002

North Carolina Watauga County Banner Elk 28604

196 Trout Pond Ln Unit 2, Banner Elk, NC

This home is located at 196 Trout Pond Ln Unit 2, Banner Elk, NC 28604 and is currently priced at $98,000, approximately $143 per square foot. This property was built in 1979. 196 Trout Pond Ln Unit 2 is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

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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