NOT LISTED FOR SALE

218 the Overlook Rd Unit 4 Banner Elk, NC 28604

Estimated Value: $240,000 - $311,000

2 Beds
2 Baths
1,094 Sq Ft
$260/mo HOA Fee

Last Sold April 11, 2025

Last sale price $301,500 $276 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,814/month

29 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Furnished
  • Valle Crucis Elementary School Rated A-
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of April 2025

Rare opportunity for a fully furnished (less a few personal exceptions) 2BR/2BA condo just minutes from downtown Boone, Sugar Mountain and Banner Elk! Great central Foscoe location and easy paved access with level entry. This condo has been beautifully updated with wood floors throughout and slate tile in the bathrooms. The main level features a great room with lots of windows plus the dining area and kitchen with corian countertops, the secondary bedroom and a full bathroom. The great room features a vaulted ceiling, skylight and wood burning stone fireplace. A beautiful floating stairway leads to the second level which includes a large loft/office space overlooking the great room, the second bedroom and second full bathroom with laundry. The unit features a large open deck spanning the back of the home and a covered front porch. In addition there is a common area with grill and gazebo with plentiful seating. Abundant parking. Move in ready!

Last Agent to Sell the Property

Glo Kearns

RE/MAX Realty Group Brokerage Phone: 828-262-1990 Listed on: 03/13/2025

RE/MAX Realty Group

Last Buyer's Agent

Glo Kearns

RE/MAX Realty Group Brokerage Phone: 828-262-1990 Listed on: 03/13/2025

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $482

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Mountain Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Shed

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • South Slope Overlook Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1888-07-1160-004

Property Details

Home Type

Condominium

Est. Annual Taxes

$482

Year Built

Built in 1985

Lot Details

0

HOA Fees

$260 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: 1094.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 828-262-1990
  • Above Grade Unfinished Sq Ft: 25.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, Skylights, Vaulted Ceiling(s), Window Treatments
  • Living Area: 1094.0
  • Stories: 2
  • Window Features: Casement Window(s), Double Pane Windows, Screens, Wood Frames, Skylight(s), Window Treatments

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Other Structures: Gazebo, Shed(s)
  • Patio And Porch Features: Covered, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s)
  • 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: 260.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1888-07-1160-004
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 481.77
  • Tax Book Number: 2402/620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Apr 11, 2025
Sold by
Treadwell Avery Mark
Bought by
Land Mary Ann
Seller's Agent
Glo Kearns
RE/MAX Realty Group
Buyer's Agent
Glo Kearns
RE/MAX Realty Group
List Price
$312,000
Sold Price
$301,500
Premium/Discount to List
-$10,500
-3.37%
Views
13
Current Estimated Value
$288,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,418
Avg. Annual Appreciation
-6.67%

Purchase Details

Listed on
Aug 7, 2024
Closed on
Sep 20, 2024
Sold by
Sheri Mcquilkin Living Trust and Mcquilkin Sheri
Bought by
Treadwell Avery Mark
Seller's Agent
Shanaaz Eisenberg
Elite Mountain & Triangle Properties-Mountains
Buyer's Agent
Glo Kearns
RE/MAX Realty Group
List Price
$299,900
Sold Price
$292,000
Premium/Discount to List
-$7,900
-2.63%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$192,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2023
Closed on
Oct 16, 2023
Sold by
Miller D Rex D and Miller Diana E
Bought by
Sheri Mcquilkin Living Trust and Mcquilkin
Seller's Agent
Judy Wagner
NextHome Mountain Realty
Buyer's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Sep 30, 2010
Sold by
Evans Thomas C and Evans Lucy F
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
$110,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Land Mary Ann $301,500 None Listed On Document
Land Mary Ann $301,500 None Listed On Document
Treadwell Avery Mark $292,000 None Listed On Document
Sheri Mcquilkin Living Trust $275,000 None Listed On Document
Miller D Rex $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Treadwell Avery Mark $192,000
Previous Owner Miller D Rex $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $301,500 -3.4% $276 / Sq Ft
03/13/2025 03/13/25 For Sale $312,000 +6.8% $285 / Sq Ft
09/20/2024 09/20/24 Sold $292,000 -2.6% $254 / Sq Ft View Prior Sale
08/07/2024 08/07/24 For Sale $299,900 +9.1% $261 / Sq Ft
10/20/2023 10/20/23 Sold $275,000 -8.0% $255 / Sq Ft View Prior Sale
09/09/2023 09/09/23 For Sale $299,000 -- $277 / 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
2025 $482 $151,500 $10,000 $141,500
2024 $482 $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: 254170

High Country Association of REALTORS®

APN: 1888-07-1160-004