NOT LISTED FOR SALE

222 the Overlook Rd Unit 1 Banner Elk, NC 28604

Estimated Value: $163,000 - $229,000

1 Bed
1 Bath
667 Sq Ft
$165/mo HOA Fee

Last Sold December 30, 2022

Last sale price $165,000 $247 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,251/month

Highlights

  • Views of Trees
  • Contemporary Architecture
  • Baseboard Heating
  • Valle Crucis Elementary School Rated A-
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of December 2022

EXCEPTIONAL VALUE at $149,999. One bed and one bath cozy CONDO in South Slope Overlook. Conveniently located between Boone and Banner Elk where you are minutes to ski slopes and Appalachian State University. Enjoy year-round activities of skiing, tubing, hiking, festivals, golf, dining, and shopping. Complete renovations down to the studs in 2015. New wiring and electrical panel, new plumbing finished with PEX, replaced insulation, replaced drywall on ceilings and walls, custom cabinetry, windows replaced, new bathtub in 2020. Condo offers cement floors, 667 square feet, wood burning fireplace, open floor plan, and nice size bedroom and bathroom. No rentals less than 4 months. HOA dues cover sewer, garbage, exterior maintenance, management fees, and clearing roads in the winter. Unit has not been rented so no rental history is available. Highest and best offers to be received by 9pm Saturday 11/19.

Last Agent to Sell the Property

Kathy Whittington

RE/MAX Realty Group Listed on: 11/14/2022

RE/MAX Realty Group

Last Buyer's Agent

Patrick Morgan

Keller Williams High Country

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $478

Year Built

  • Built in 1985

HOA Fees

  • $165 Monthly HOA Fees

Property Views

  • Trees
  • Seasonal

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 667 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Property fronts a private road

Community Details

  • South Slope Overlook Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1888071064001

Property Details

Home Type

Condominium

Est. Annual Taxes

$478

Year Built

Built in 1985

Lot Details

0

HOA Fees

$165 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: 667.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 667.0
  • Stories: 1

Exterior Features

  • View: Seasonal View, Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Other, See Remarks, Wood Siding
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s), Gas, Wood
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1888071064001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 478.0
  • Tax Book Number: 1525/679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Mallard Brandon M and Mallard Michael W
Bought by
Mallard Michael W and Mallard Pamela M
Current Estimated Value
$197,437

Purchase Details

Listed on
Nov 14, 2022
Closed on
Dec 22, 2022
Sold by
Miller David Jason and Miller Olivia
Bought by
Mallard Brandon M
Seller's Agent
Kathy Whittington
RE/MAX Realty Group
Buyer's Agent
Patrick Morgan
Keller Williams High Country
List Price
$149,999
Sold Price
$165,000
Premium/Discount to List
$15,001
10%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$123,750
Interest Rate
6.27%

Purchase Details

Closed on
Aug 23, 2010
Sold by
Miller D Rex and Miller Diana E
Bought by
Miller David Jason
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
Mallard Michael W -- None Listed On Document
Mallard Michael W -- None Listed On Document
Mallard Brandon M $165,000 --
Miller David Jason $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mallard Brandon M $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $165,000 +10.0% $247 / Sq Ft
11/14/2022 11/14/22 For Sale $149,999 -- $225 / 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 $501 $108,300 $10,000 $98,300
2023 $479 $108,300 $10,000 $98,300
2022 $479 $108,300 $10,000 $98,300
2021 $449 $81,500 $10,000 $71,500
2020 $449 $81,500 $10,000 $71,500
2019 $449 $81,500 $10,000 $71,500
2018 $408 $81,500 $10,000 $71,500
2017 $408 $81,500 $10,000 $71,500
2013 -- $72,900 $5,000 $67,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathy Whittington

    RE/MAX

    Section Image

  • P

    Buyer's Agent in 2022

    Patrick Morgan

    Keller Williams High Country

    (828) 773-2960

    4 in this area

    102 Total Sales

    Patrick Morgan
    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 240643

High Country Association of REALTORS®

APN: 1888-07-1064-001

North Carolina Watauga County Banner Elk 28604

222 the Overlook Rd Unit 1, Banner Elk, NC

This home is located at 222 the Overlook Rd Unit 1, Banner Elk, NC 28604 since 14 November 2022 and is currently estimated at $197,437, approximately $296 per square foot. This property was built in 1985. 222 the Overlook Rd Unit 1 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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