$292,000
SOLD SEP 20, 2024

218 the Overlook Rd Unit 4 Banner Elk, NC 28604

2 Beds
2 Baths
1,149 Sq Ft
$260/mo HOA Fee

Recently Sold

$254 Per Sq Ft

3% Below List Price

44 Days on Market

Highlights

  • Views of Trees
  • Cape Cod Architecture
  • 1 Fireplace
  • Valle Crucis Elementary School Rated A-
  • Cathedral Ceiling
  • Covered patio or porch

About This Home

As of April 2025

Rare, hard to find ‘lock and leave’ updated 2 bedroom/ 2 bath condo with easy access and living on the main floor, no steps in The High Country, close to Boone; Blowing Rock and the Town of Banner Elk. This home is cute as could be ready to move into; High ceiling in the living room lends itself to the open concept floor plan. Updated wood floors and slate tile in the Bathroom, new interior paint, custom modern LG Hi Mac Counter tops with custom clean cabinets. The loft would easily have a daybed for a 3rd sleeping area. The skylight allows a lot more natural light in, the walls boast custom wall decor paper from Germany. The fireplace is wood burning and would be cozy in winter. The owner has priced this home to sell; it will not last. There is an additional fee of $50/month for paint fund, per Tammy at Advanced Realty this is anticipated to continue for 12 months. Please qualified buyers only, it’s a great easy entry level home that you can call your mountain escape getaway to enjoy the cooler summers and all 4 season amenities the area offers. Enjoy sitting on the front porch, private deck or visiting neighbors at the gazebbo. The proposed assessment is not determined yet. There are rental restrictions, no STR.

Last Agent to Sell the Property

Shanaaz Eisenberg

Elite Mountain & Triangle Properties-Mountains Brokerage Phone: 828-773-6050 Listed on: 08/07/2024

Last Buyer's Agent

Glo Kearns

RE/MAX Realty Group

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $660

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,149 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Window Treatments
  • Views of Trees

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered patio or porch
  • Gazebo

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1888-07-1160-004

Community Details

Overview

  • South Slope Overlook Subdivision

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$660

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: 1149.0
  • Architectural Style: Cape Cod, Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 828-773-6050
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Other, See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling(s), Window Treatments
  • Living Area: 1149.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • View: Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • 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: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 660.0
  • Tax Book Number: 2356/803

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: 251389

High Country Association of REALTORS®

APN: 1888-07-1160-004