NOT LISTED FOR SALE

218 the Overlook Rd Unit 3 Banner Elk, NC 28604

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

2 Beds
2 Baths
1,154 Sq Ft
$175/mo HOA Fee

Last Sold July 31, 2015

Last sale price $105,000 $91 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,784/month

Highlights

  • Seasonal View
  • Mountain Architecture
  • Baseboard Heating
  • Valle Crucis Elementary School Rated A-
  • 1 Fireplace
  • High Speed Internet

About This Home

As of July 2015

South Slope Overlook, great location! Central to both Boone and Banner Elk and close to historic Valle Crucis, this condo is easily accessible from either town, year round! A stone fireplace serves as the focal point of the living area with cathedral ceilings that stretch up to the lofted 2nd floor. Skylights bring in lots of natural light making the unit bright and open! 2 BR and 2 full BA, a kitchen that opens to the living room, and covered front and back porches provide plenty of space to relax! Potential to be a good long term rental property gives investment potential! Amenities include: New appliances, efficient ETS heating unit, storage closet off front porch, community gazebo. POA fees cover include payment of water, sewer, and cable!

Last Agent to Sell the Property

Chad Vincent

Berkshire Hathaway HomeServices Vincent Properties Listed on: 05/30/2014

Berkshire Hathaway HomeServices Vincent Properties

Co-Listed By

Jay Vincent

Berkshire Hathaway HomeServices Vincent Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $605

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 1,154 Sq Ft Home
  • 1 Fireplace
  • Seasonal Views

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School

Utilities

  • Baseboard Heating
  • Shared Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • South Slope Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1888071160003

Property Details

Home Type

Condominium

Est. Annual Taxes

$605

Year Built

Built in 1985

Lot Details

0

HOA Fees

$175 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: 62
  • Co List Office Phone: (828) 295-0700
  • Subdivision Name: South Slope
  • Above Grade Finished Sq Ft: 1154.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Disposal, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1154.0

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Baseboard, Electric, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1888071160003
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 605.0
  • Tax Book Number: 1101/096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Miller D Rex D and Miller Diana E
Bought by
Walter Russell P and Walter Erin K
Current Estimated Value
$294,037

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

Closed on
Jun 16, 2020
Sold by
Funston Gregory J and Edwards Susan Laura
Bought by
Heffren Bryan Wesley

Home Financials for this Owner

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

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 27, 2015
Sold by
Carlin Joseph C and Carlin Shirley S
Bought by
Funston Gregory J and Edwards Susan Laura
Seller's Agent
Chad Vincent
BHHS Vincent Properties
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%

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
Not Available
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
07/31/2015 07/31/15 Sold $105,000 0.0% $91 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
05/30/2014 05/30/14 For Sale $105,000 -- $91 / 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

  • Chad Vincent

    Seller's Agent in 2015

    Chad Vincent

    Berkshire Hathaway HomeServices Vincent Properties

    (828) 268-1986

    23 in this area

    241 Total Sales

    Chad Vincent
    Section Image
  • Jay Vincent

    Seller Co-Listing Agent in 2015

    Jay Vincent

    Berkshire Hathaway HomeServices Vincent Properties

    (828) 295-0707

    26 in this area

    257 Total Sales

    Jay Vincent
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 185347

High Country Association of REALTORS®

APN: 1888-07-1160-003

North Carolina Watauga County Banner Elk 28604

218 the Overlook Rd Unit 3, Banner Elk, NC

This home is located at 218 the Overlook Rd Unit 3, Banner Elk, NC 28604 since 30 May 2014 and is currently estimated at $294,037, approximately $254 per square foot. This property was built in 1985. 218 the Overlook Rd Unit 3 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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