NOT LISTED FOR SALE

227 Hillcrest Ln Unit C2 Banner Elk, NC 28604

Estimated Value: $231,000 - $381,000

3 Beds
2 Baths
910 Sq Ft
$248/mo HOA Fee

Last Sold March 22, 2023

Last sale price $170,000 $187 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,850/month

Highlights

  • 1 Fireplace
  • Wood Siding
  • Heating Available
  • Banner Elk Elementary School Rated A-

About This Home

As of March 2023

Three bedroom, two bath unfurnished condo in Banner Elk. Walk to all the town has to offer from this well located year-round or vacation getaway.

Last Agent to Sell the Property

Hope Harvey

Blue Ridge Realty & Investments - Linville Listed on: 11/15/2022

Last Buyer's Agent

Hope Harvey

Blue Ridge Realty & Investments - Linville Listed on: 11/15/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1985

Lot Details

  • 1.32

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

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

Community Details

  • Sugarview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1859-17-21-4120-00003-02

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,381

Year Built

Built in 1985

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Sugarview
  • Above Grade Finished Sq Ft: 910.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One, Other, See Remarks
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: None
  • Living Area: 910.0
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 745.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1859-17-21-4120-00003-02
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1381.16
  • Tax Book Number: 469/453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Compagnone Merydon
Bought by
Hughes Kevin Michael and Hughes Lillian Castellanos
Current Estimated Value
$291,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,720
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2012
Closed on
Oct 19, 2012
Sold by
Gilvear Edith Esther
Bought by
Comagnone Robert and Comagnone Merydon E
Seller's Agent
Lindsey Lacey
Preferred Mountain Real Estate
Buyer's Agent
Hope Harvey
Blue Ridge Realty & Investments - Linville
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%
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
Hughes Kevin Michael $170,000 --
Comagnone Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Kevin Michael $134,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2023 03/22/23 Sold $170,000 0.0% $187 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $170,000 0.0% $187 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $170,000 +240.0% $187 / Sq Ft
10/22/2012 10/22/12 Sold $50,000 0.0% $59 / Sq Ft View Prior Sale
09/25/2012 09/25/12 For Sale $50,000 -- $59 / 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 $681 $160,600 -- $160,600
2023 $642 $160,600 $0 $160,600
2022 $642 $160,600 $0 $160,600
2021 $349 $63,500 $2,500 $61,000
2020 $705 $63,500 $2,500 $61,000
2019 $705 $63,500 $2,500 $61,000
2018 $349 $63,500 $2,500 $61,000
2017 $583 $51,600 $0 $0
2016 $231 $51,600 $0 $0
2015 $252 $51,600 $2,500 $49,100
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hope Harvey

    Blue Ridge Realty & Investments - Linville

    (828) 963-0886

    12 in this area

    58 Total Sales

    Hope Harvey
    Section Image

  • L

    Seller's Agent in 2012

    Lindsey Lacey

    Preferred Mountain Real Estate

    (828) 387-1533

    11 in this area

    23 Total Sales

    Lindsey Lacey
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 240769

High Country Association of REALTORS®

APN: 1859-17-21-4120-00003-02

North Carolina Avery County Banner Elk 28604

227 Hillcrest Ln Unit C2, Banner Elk, NC

This home is located at 227 Hillcrest Ln Unit C2, Banner Elk, NC 28604 since 15 November 2022 and is currently estimated at $291,475, approximately $320 per square foot. This property was built in 1985. 227 Hillcrest Ln Unit C2 is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Grandfather Academy.

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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