NOT LISTED FOR SALE

218 the Overlook Rd Unit 3 Banner Elk, NC 28604

Estimated Value: $246,000 - $350,000

2 Beds
2 Baths
1,080 Sq Ft
$210/mo HOA Fee

Last Sold April 21, 2023

Last sale price $255,000 $236 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,824/month

1 Day on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • Wood Siding
  • Valle Crucis Elementary School Rated A-
  • Baseboard Heating
  • Wood Burning Fireplace

About This Home

As of April 2023

Welcome to 218 The Overlook Road in Banner Elk, NC! This immaculately maintained 2 bedroom/2 bathroom condo offers 1,080 sqft of beautiful living space and is move-in ready. The kitchen was remodeled with granite counters and stainless steel appliances. Main floor bedroom and full bath make it ideal for one-level living. Step out onto the full length 192 sqft deck, complete with awning and privacy wall - perfect for relaxing or entertaining. Lots of closet and storage space including a large exterior closet off the front porch. Got a bike? This closet can be the spot to hang one. The loft is a wonderful surprise space and would make a wonderful spot for a lounge or home office space. Outside, there's also a gazebo for cookouts for the owners. Two parking spots are included in this fantastic property - what more can you ask for? 12 minutes 8 miles to Appalachian State in Boone. Don't miss out - contact us today to book a viewing!

Last Agent to Sell the Property

Allan Wagner

NextHome Mountain Realty Listed on: 03/27/2023

NextHome Mountain Realty

Co-Listed By

Judy Wagner

NextHome Mountain Realty

Last Buyer's Agent

Linda Smith

Peak Mountain Properties, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $638

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road

HOA Fees

  • $210 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • South Slope Overlook Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1888-07-1160-003

Property Details

Home Type

Condominium

Est. Annual Taxes

$638

Year Built

Built in 1985

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 377
  • Co List Office Phone: (828) 297-2328
  • Subdivision Name: South Slope Overlook
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Craftsman, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Other, See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1080.0
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Upper Level
  • Cooling: Other, See Remarks
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1888-07-1160-003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 637.52
  • Tax Book Number: 2225/464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 21, 2023
Sold by
Miller D Rex D and Miller Diana E
Bought by
Walter Russell P and Walter Erin K
Seller's Agent
Allan Wagner
NextHome Mountain Realty
Buyer's Agent
Linda Smith
Peak Mountain Properties, Inc
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Current Estimated Value
$294,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,037
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Oct 1, 2021
Sold by
Heffren Bryan Wesley
Bought by
Miller D Rex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 16, 2020
Sold by
Funston Gregory J and Edwards Susan Laura
Bought by
Heffren Bryan Wesley
Seller's Agent
Bobbie Jo Mccachren
Keller Williams High Country
Buyer's Agent
Holt Politano
Realty One Group Results
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Original Mortgage
$124,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2015
Sold by
Carlin Joseph C and Carlin Shirley S
Bought by
Funston Gregory J and Edwards Susan Laura

Purchase Details

Closed on
Jul 7, 2005
Sold by
Wolfe Terrance James and Wolfe Donna Lawrence
Bought by
Carlin Joseph C and Carlin Shirley S
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
Walter Russell P $255,000 None Listed On Document
Miller D Rex $200,000 None Available
Heffren Bryan Wesley $155,000 None Available
Funston Gregory J $105,000 Attorney
Carlin Joseph C $122,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller D Rex $150,000
Previous Owner Heffren Bryan Wesley $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2023 04/21/23 Sold $255,000 +2.0% $236 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $250,000 +61.3% $231 / Sq Ft
06/24/2020 06/24/20 Sold $155,000 0.0% $135 / Sq Ft View Prior Sale
05/25/2020 05/25/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $155,000 -- $135 / 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 $660 $151,500 $10,000 $141,500
2023 $638 $151,500 $10,000 $141,500
2022 $638 $151,500 $10,000 $141,500
2021 $591 $112,900 $10,000 $102,900
2020 $591 $112,900 $10,000 $102,900
2019 $591 $112,900 $10,000 $102,900
2018 $535 $112,900 $10,000 $102,900
2017 $535 $112,900 $10,000 $102,900
2013 -- $142,700 $15,000 $127,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 242548

High Country Association of REALTORS®

APN: 1888-07-1160-003