NOT LISTED FOR SALE

198 the Overlook Rd Unit 2 Banner Elk, NC 28604

Estimated Value: $164,000 - $244,000

1 Bed
1 Bath
677 Sq Ft
$160/mo HOA Fee

Last Sold April 25, 2022

Last sale price $165,000 $244 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,274/month

Highlights

  • Views of Trees
  • Traditional Architecture
  • Ductless Heating Or Cooling System
  • Valle Crucis Elementary School Rated A-
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of April 2022

Showings will begin Friday, March 18th. Stunning one-bedroom condo between Boone and Banner Elk! Perfect for a full-time resident, student, or a great getaway spot. The long list of recent upgrades and updates include high-end LVP flooring throughout, windows, glass in fixed windows, electric range, tile back-splash, washer and dryer, water heater, recently painted, and high-tech mini-split units in the living room and bedroom providing heat, air conditioning, and humidity control. Feel like you're in your own treehouse on the private covered deck while being convenient to restaurants, hiking, skiing, golf, and all the High Country has to offer! Short-term rentals are not permitted. The walkway to this unit only serves this unit, please do not walk down to the unit without an official showing scheduled.

Last Agent to Sell the Property

Page Sauder

Baxter Mountain Properties Listed on: 03/14/2022

Last Buyer's Agent

Lyn Hunter

Keller Williams High Country

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $449

Year Built

  • Built in 1985

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 677 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Views of Trees
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Shared Well
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Property fronts a private road

Community Details

  • South Slope Overlook Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1888-07-3036-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$449

Year Built

Built in 1985

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: South Slope Overlook
  • Above Grade Finished Sq Ft: 677.0
  • Architectural Style: Mountain, Traditional
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 677.0
  • Stories: 1
  • Window Features: Other, See Remarks

Exterior Features

  • View: Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: Electric, Other, See Remarks
  • Cooling Y N: Yes
  • Heating: Ductless, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 160.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1888-07-3036-002
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 449.2
  • Tax Book Number: 2035/95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Jun 27, 2019
Sold by
Blalock Joanna Paige and Blalock Barry Scott
Bought by
Reeve James Kevin and Reeve Tina Louise
Seller's Agent
Stacie Pineda
Stacie Pineda Real Estate Group
Buyer's Agent
Page Sauder
Baxter Mountain Properties
List Price
$91,000
Sold Price
$91,000
Current Estimated Value
$201,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,955
Avg. Annual Appreciation
13.47%
Original Mortgage
$72,800
Outstanding Balance
$64,013
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$137,942

Purchase Details

Closed on
Jul 22, 2015
Sold by
Wagner Robert F and Wagner Glenda D
Bought by
Alonzo Joanna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Reeve James Kevin $91,000 None Available
Alonzo Joanna D $63,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeve James Kevin $72,800
Previous Owner Alonzo Joanna D $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $165,000 +10.7% $244 / Sq Ft
03/14/2022 03/14/22 For Sale $149,000 +63.7% $220 / Sq Ft
06/28/2019 06/28/19 Sold $91,000 0.0% $139 / Sq Ft View Prior Sale
05/29/2019 05/29/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $91,000 -- $139 / 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: 236101

High Country Association of REALTORS®

APN: 1888-07-3036-002