NOT LISTED FOR SALE

236 Laurel Ridge Rd Banner Elk, NC 28604

Estimated Value: $322,000 - $365,000

3 Beds
2 Baths
1,066 Sq Ft
$315/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $273,000 $256 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,111/month

3 Days on Market

Highlights

  • Fishing
  • Home fronts a pond
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • Chalet
  • Stream or River on Lot

About This Home

As of June 2022

Cozy mountain cabin in the Mill Ridge community. Enjoy the spacious covered deck tucked away in the rhododendrons for added privacy. Enter to an open living/dining/kitchen with vaulted ceiling. Three nice size bedrooms and two full bathrooms. One bedroom with ensuite bathroom on the main floor. Upstairs has its own entry and a space for small office as well as two bedrooms and a bath. Upstairs bathroom has been recently updated. New metal roof in 2021! This would be a great investment property or year round home. This home would be very easy to update if desired. Short term and long term rentals allowed. Central location is convenient to Boone, Banner Elk, and Valle Crucis. Within a 15 minute drive to popular attractions such as Sugar Mountain Ski Resort, Hawksnest Ziplining and Snow Tubing, and Grandfather Mountain. A 10 minute drive to Boone. Mill Ridge amenities include community water & sewer, trash collection, a heated outdoor swimming pool, clubhouse, tennis courts, playground, river access, and hiking trails. Stack washer and dryer and bunk bed set are included.

Last Agent to Sell the Property

Mary Baker

Keller Williams High Country Listed on: 05/04/2022

Keller Williams High Country

Co-Listed By

Leslie Eason

Keller Williams High Country

Last Buyer's Agent

Margo Lenmark

Allen Tate Realtors Boone

Allen Tate Realtors Boone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,066 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Stream or River on Lot
  • Covered patio or porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1888-06-3100-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$709

Year Built

Built in 1973

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3728
  • Co List Office Phone: 828-386-1086
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 1066.0
  • Architectural Style: Chalet/Alpine, Cottage, Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, See Remarks
  • Living Area: 1066.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Space Heater, Wall Furnace
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1888-06-3100-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 709.22
  • Tax Book Number: 2066/227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 6, 2022
Sold by
Lee Safrit Ii Charles and Houston Wendy
Bought by
Dixon Sarah
Seller's Agent
Mary Baker
Keller Williams High Country
Buyer's Agent
Margo Lenmark
Allen Tate Realtors Boone
List Price
$269,000
Sold Price
$273,000
Premium/Discount to List
$4,000
1.49%
Total Days on Market
3
Current Estimated Value
$336,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,049
Avg. Annual Appreciation
7.00%
Original Mortgage
$259,350
Outstanding Balance
$248,167
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$87,882

Purchase Details

Listed on
Aug 13, 2019
Closed on
Dec 16, 2019
Sold by
Mapp Timothy and Mapp Paula
Bought by
Safrit Charles Lee and Safrit Wendy Houston
Seller's Agent
Sarah Lyons
Keller Williams High Country
Buyer's Agent
Michael Spicola
Keller Williams High Country
List Price
$161,000
Sold Price
$161,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.73%
Original Mortgage
$162,626
Interest Rate
3.6%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Dixon Sarah $273,000 None Listed On Document
Safrit Charles Lee $161,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Sarah $259,350
Previous Owner Safrit Charles Lee $162,626
Previous Owner Mapp Frederick Timothy $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $273,000 +1.5% $256 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $269,000 +67.1% $252 / Sq Ft
12/18/2019 12/18/19 Sold $161,000 0.0% $155 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $161,000 -- $155 / 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 $970 $235,700 $12,400 $223,300
2023 $947 $235,700 $12,400 $223,300
2022 $947 $235,700 $12,400 $223,300
2021 $709 $138,900 $12,500 $126,400
2020 $709 $138,900 $12,500 $126,400
2019 $709 $138,900 $12,500 $126,400
2018 $640 $138,900 $12,500 $126,400
2017 $640 $138,900 $12,500 $126,400
2013 -- $125,100 $10,000 $115,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 237176

High Country Association of REALTORS®

APN: 1888-06-3100-000