NOT LISTED FOR SALE

198 the Overlook Rd Unit 2 Banner Elk, NC 28604

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

1 Bed
1 Bath
720 Sq Ft
$145/mo HOA Fee

Last Sold July 30, 2015

Last sale price $63,000 $88 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,258/month

Highlights

  • Contemporary Architecture
  • Seasonal View
  • Double Pane Windows
  • Valle Crucis Elementary School Rated A-
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of July 2015

Cute little unit is perfect for weekend getaway or full time! Wood burning fireplace, full kitchen and full bath, spacious bedroom. All furniture stays including the portable AC unit (stored in BR closet) but excluding TV's. Great storage space for a small condo and stack washer/dryer unit also conveys. Nice covered deck too. The Overlook residents enjoy a covered gazebo in their common area that has nice seating and a grill. Just about everyone is full time. It's a great little spot - efficient and 'cheap to keep' and in the middle of the High Country!! A confirmed assessment to repaint the exterior was approved by the POA; work should commence Spring 2015 and only $756 remains due. It's convenient, buildings are very well maintained, and just about all the residents are full time - creates a nice sense of community.

Last Agent to Sell the Property

Nena Alsaker

Don't Use****Keller Williams HIGH Country Listed on: 10/14/2014

Last Buyer's Agent

Nena Alsaker

Don't Use****Keller Williams HIGH Country Listed on: 10/14/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 1985

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 720 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Seasonal Views

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Schools

  • Valle Crucis Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property fronts a private road

Community Details

  • South Slope Subdivision

Listing and Financial Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 1985

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: South Slope
  • Architectural Style: Contemporary, Mountain
  • Garage Yn: No
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 720.0
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 720.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Seasonal View
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Heating: Baseboard, Electric, Gas, Wood
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 145.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

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

Tax Info

  • Tax Annual Amount: 300.0
  • Tax Book Number: 405/573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Blalock Joanna Paige and Blalock Barry Scott
Bought by
Reeve James Kevin and Reeve Tina Louise
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.
Original Mortgage
$72,800
Outstanding Balance
$64,013
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$137,942

Purchase Details

Listed on
Oct 14, 2014
Closed on
Jul 22, 2015
Sold by
Wagner Robert F and Wagner Glenda D
Bought by
Alonzo Joanna D
Seller's Agent
Nena Alsaker
Don't Use****Keller Williams HIGH Country
Buyer's Agent
Nena Alsaker
Don't Use****Keller Williams HIGH Country
List Price
$63,000
Sold Price
$63,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
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
07/30/2015 07/30/15 Sold $63,000 0.0% $88 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $63,000 -- $88 / 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

  • N

    Seller's Agent in 2015

    Nena Alsaker

    Don't Use****Keller Williams HIGH Country

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 188047

High Country Association of REALTORS®

APN: 1888-07-3036-002

North Carolina Watauga County Banner Elk 28604

198 the Overlook Rd Unit 2, Banner Elk, NC

This home is located at 198 the Overlook Rd Unit 2, Banner Elk, NC 28604 since 14 October 2014 and is currently estimated at $201,955, approximately $280 per square foot. This property was built in 1985. 198 the Overlook Rd 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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