NOT LISTED FOR SALE

227 Hillcrest Ln Banner Elk, NC 28604

Estimated Value: $230,000 - $436,000

3 Beds
2 Baths
-- Sq Ft
1.32 Acres

Last Sold October 22, 2012

Last sale price $95,000

Est. 209% increase in value since last sale

Current estimated payment $1,660/month

27 Days on Market

Highlights

  • Geodesic or Dome Home
  • Banner Elk Elementary School Rated A-
  • Wood Siding

About This Home

As of October 2012

Downtown Banner Elk. Great walk to everything rental or vacation location. Walk to town parks, walking/hiking trails, dining, shopping, Lees MrRae College and more. The two units have excellent rental history and has easy year round access. Own both units and capture some rental income to offset your living and/or vacation expense. Units are in downtown Banner Elk

Last Agent to Sell the Property

Lindsey Lacey

Preferred Mountain Real Estate Listed on: 09/25/2012

Last Buyer's Agent

Hope Harvey

Blue Ridge Realty & Inv. Linville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1981

Lot Details

  • 1.32

Home Design

  • Duplex
  • Geodesic or Dome Home
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Schools

  • Banner Elk Elementary School

Utilities

  • Separate Meters
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • 2 Units
  • Sugarview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1859172141200000301&2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,882

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Subdivision Name: Sugarview
  • Architectural Style: Dome/Geodesic
  • Year Built: 1981
  • Property Sub Type Additional: Duplex,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: None
  • Basement YN: No

Exterior Features

  • Construction Type: Wood Siding
  • Roof: Asphalt, Shingle

Utilities

  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 376.0
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1859172141200000301&2
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 1882.0
  • Tax Book Number: 331/1981

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
$293,272

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 & Inv. Linville
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
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 Change Sq Ft Price
10/22/2012 10/22/12 Sold $95,000 0.0% --
09/25/2012 09/25/12 For Sale $95,000 -- --
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
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

  • L

    Seller's Agent in 2012

    Lindsey Lacey

    Preferred Mountain Real Estate

    (828) 387-1533

    10 in this area

    24 Total Sales

    Section Image

  • H

    Buyer's Agent in 2012

    Hope Harvey

    Blue Ridge Realty & Inv. Linville

    (828) 963-0886

    12 in this area

    57 Total Sales

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 175152

High Country Association of REALTORS®

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

North Carolina Avery County Banner Elk 28604

227 Hillcrest Ln, Banner Elk, NC

This home is located at 227 Hillcrest Ln, Banner Elk, NC 28604 since 25 September 2012 and is currently estimated at $302,584. This property was built in 1981. 227 Hillcrest Ln 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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