$275,000
SOLD OCT 20, 2023

218 the Overlook Rd Unit 4 Banner Elk, NC 28604

2 Beds
2 Baths
1,080 Sq Ft
$230/mo HOA Fee

Recently Sold

$255 Per Sq Ft

8% Below List Price

40 Days on Market

Highlights

  • Cape Cod Architecture
  • Cathedral Ceiling
  • Gazebo
  • Valle Crucis Elementary School Rated A-
  • Furnished
  • Skylights

About This Home

As of April 2025

Welcome to your beautifully remodeled 2/2 dream condo, nestled between Boone & Banner Elk in the Blue Ridge Mountains! This immaculate condo is a true gem, ready for immediate move-in furnished as shown incl wall art. When you step inside, you'll be greeted by a modern yet inviting ambiance that sets the tone for a comfortable & stylish mountain living experience.

The open-concept living area is bathed in natural light, thanks to a generous wall of windows & skylight that lets the sunshine in. Imagine cozying up by the wood-burning fireplace enjoying the serene atmosphere on cool evenings. The adjoining dining area offers ample space for entertaining.

The kitchen is features sleek LG Hi Mac counters & custom cabinets that add an air of elegance to your cooking space. Whether you're a seasoned chef or simply love to whip up delicious meals, this kitchen will inspire your culinary endeavors.

Step out onto the deck to breathe in the crisp mountain, the perfect spot for your morning coffee as you soak in the sunrise or for enjoying a glass of wine while watching the sun set behind the Blue Ridge Mountains.

Both bedrooms are generously sized and come complete with full baths, featuring luxurious tub and shower combinations and elegant fixtures. The attention to detail in the design and finishes of these bathrooms adds a touch of luxury to your daily routine.

Additionally, a loft area offers versatile use as a third sleeping space, a home office, a cozy reading nook, or even a spot for your piano if you're musically inclined. This extra space allows you to tailor your living arrangements to suit your unique lifestyle.

As part of the condo community, you'll have access to a charming gazebo and nearby trails, making it a haven for outdoor enthusiasts. The surrounding area also hosts numerous festivals throughout the year, ensuring that there's always something exciting happening right at your doorstep.

Last Agent to Sell the Property

Judy Wagner

NextHome Mountain Realty Brokerage Phone: (828) 297-2328 Listed on: 09/09/2023

NextHome Mountain Realty

Last Buyer's Agent

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $638

Year Built

  • Built in 1985

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Shared Well
  • Sewer Applied For Permit
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Gazebo
  • Property fronts a private road

Community Details

  • South Slope Overlook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1888-07-1160-004

Property Details

Home Type

Condominium

Est. Annual Taxes

$638

Year Built

Built in 1985

Lot Details

0

HOA Fees

$230 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: 1080.0
  • Architectural Style: Cape Cod, Contemporary, Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Attribution Contact: (828) 297-2328
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Other, See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Furnished, Skylights, Vaulted Ceiling(s), Window Treatments
  • Living Area: 1080.0
  • Stories: 2
  • Window Features: Skylight(s), Window Treatments

Exterior Features

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

Garage/Parking

  • Parking Features: On Street

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer, Septic Permit 2 Bedroom, Sewer Applied for Permit
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 230.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1888-07-1160-004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 638.0
  • Tax Book Number: 1533/246

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
$292,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,919
Avg. Annual Appreciation
-9.84%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $301,500 None Listed On Document
Warranty Deed $301,500 None Listed On Document
Warranty Deed $292,000 None Listed On Document
Warranty Deed $275,000 None Listed On Document
Warranty Deed $137,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $192,000 New Conventional
Previous Owner $110,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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: 245732

High Country Association of REALTORS®

APN: 1888-07-1160-004