NOT LISTED FOR SALE

220 River Road 2 Banner Elk, NC 28604

Estimated Value: $411,000 - $490,000

3 Beds
2.5 Baths
1,395 Sq Ft
$319/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $151,500 $109 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,597/month

Highlights

  • Home fronts a pond
  • River View
  • Stream or River on Lot
  • Valle Crucis Elementary School Rated A-
  • Clubhouse
  • Mountain Architecture

About This Home

As of December 2017

Wonderful mountain getaway with Watauga River frontage. Sit on your back deck and listen to the sounds of the river pass by. Come see today, this one won’t last long!!! Turn Key. Level entry into the main living area where you will find a spacious kitchen, two bedrooms, 1.5 baths and living room with access to the back deck. One wood-burning fireplace on this level and another one located in lower level family room. Downstairs you will find another bedroom, full bathroom and family room. Outdoor storage area available . Plenty of off street parking as well. Great investment, seasonal or full-time residence. The ideal mountain getaway in one of The High Country's inclusive mountain communities. Mill Ridge is an intimate and unique family community located 8 miles SW of Boone offering tennis, pool, hiking trails, clubhouse and is centrally located between Boone and Banner Elk. The clubhouse is a great asset equipped with chairs & tables for 48, a commercial kitchen, picnic tables and a cozy fireplace with wood stove. Relax by the heated pool, or play a game of tennis

Last Agent to Sell the Property

Denise Weinkle

RE/MAX Realty Group Listed on: 10/31/2017

RE/MAX Realty Group

Last Buyer's Agent

Billy Herring

Century 21 Mountain Vistas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 1980

Lot Details

  • 2,614 Sq Ft Lot
  • Home fronts a pond
  • River Front
  • Property fronts a private road
  • Zoning described as Deed Restrictions,R-1,Subdivision

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Cottage
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • River Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Stream or River on Lot
  • Open Patio

Schools

  • Valle Crucis Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • Not Connected to Sewer
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot EE-5
  • Assessor Parcel Number 1878-86-7784-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$672

Year Built

Built in 1980

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 764.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 631.0
  • Fireplace Features: Two, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 1395.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: River
  • View: Yes
  • Waterfront Features: River Front, Pond
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Open
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Not Connected, Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878-86-7784-000
  • Zoning Description: Deed Restrictions,R-1,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 672.0
  • Tax Book Number: 223/939
  • Tax Lot: EE-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Goode Michael D
Bought by
Mccrary Dustin and Mccrary Kathryn Hannigan
Current Estimated Value
$444,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$182,022
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$262,459

Purchase Details

Closed on
Apr 23, 2020
Sold by
Goode Crystal
Bought by
Goode Michael D

Purchase Details

Listed on
Oct 31, 2017
Closed on
Dec 14, 2017
Sold by
Ray Barbara F
Bought by
Goode Michael D and Goode Crystal
Seller's Agent
Denise Weinkle
RE/MAX Realty Group
Buyer's Agent
Billy Herring
Century 21 Mountain Vistas
List Price
$151,500
Sold Price
$151,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%
Original Mortgage
$121,200
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Mccrary Dustin $280,000 None Available
Goode Michael D -- None Available
Goode Michael D $151,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrary Dustin $252,000
Previous Owner Goode Michael D $121,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $151,500 0.0% $109 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $151,500 -- $109 / 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 $1,188 $294,900 $24,100 $270,800
2023 $1,165 $294,900 $24,100 $270,800
2022 $1,165 $294,900 $24,100 $270,800
2021 $770 $152,400 $18,800 $133,600
2020 $770 $152,400 $18,800 $133,600
2019 $770 $152,400 $18,800 $133,600
2018 $672 $152,400 $18,800 $133,600
2017 $672 $146,800 $18,800 $128,000
2013 -- $140,300 $15,000 $125,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 204313

High Country Association of REALTORS®

APN: 1878-86-7784-000