NOT LISTED FOR SALE

242 Camp Eagle Loop Banner Elk, NC 28604

Estimated Value: $662,000 - $933,000

2 Beds
2.5 Baths
1,040 Sq Ft
$776/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $700,000 $673 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,853/month

83 Days on Market

Highlights

  • River Access
  • Fitness Center
  • Home fronts a pond
  • Cranberry Middle School Rated 9+
  • 24-Hour Security
  • Pasture Views

About This Home

As of January 2024

If you are looking for a move in ready, low maintenance mountain home this is it!! This spectacular hideaway is located in the Camp Eagles Nest section at The Lodges at Eagles Nest. This "Cozy Nest" offers two bedroom two and a half baths on one level and is being sold fully furnished. This property is currently on a vacation rental program and has great income history. This well appointed cottage is within walking distance to the pickle ball courts, climbing tower, ball fields, pond and more!!! Located near the the Beech Mountain Ski Resort gate. This home has ATV storage and plenty of room for owners items in garage under the home.

Last Agent to Sell the Property

Darrell Cummins

Eagles Nest Realty LLC Brokerage Phone: 828-771-9343 Listed on: 09/07/2023

Last Buyer's Agent

Darrell Cummins

Eagles Nest Realty LLC Brokerage Phone: 828-771-9343 Listed on: 09/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 2019

Lot Details

  • 9,365 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Golf Cart Garage

Property Views

  • Pasture
  • Mountain

Home Design

  • Craftsman Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Propane Fireplace
  • Partial Basement

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Stream or River on Lot
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • Hot Water Heating System
  • Private Water Source
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot CA16
  • Assessor Parcel Number 194009156271

Community Details

Overview

  • Private Membership Available
  • The Lodges At Eagles Nest Subdivision

Recreation

  • Pickleball Courts
  • Fitness Center
  • Trails

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,160

Year Built

Built in 2019

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.215
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Lodges At Eagles Nest
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2019
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-771-9343
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Furnished, Vaulted Ceiling(s)
  • Living Area: 1040.0
  • Stories: 1

Exterior Features

  • View: Mountain(s), Pasture
  • View: Yes
  • Waterfront Features: River Access, Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Storage
  • Foundation Details: Basement
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Basement, Garage, One Car Garage, Golf Cart Garage

Utilities

  • Laundry Features: Main Level
  • Security: 24 Hour Security
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Hot Water, Propane
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness Center, Pickleball, River, Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 4800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 194009156271
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2160.0
  • Tax Book Number: 522/1554
  • Tax Lot: CA16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Jan 5, 2024
Sold by
Castellano Margurite and Castellano Diane L
Bought by
Otto Scott C and Otto Sharon R
Seller's Agent
Darrell Cummins
Eagles Nest Realty LLC
Buyer's Agent
Darrell Cummins
Eagles Nest Realty LLC
List Price
$819,900
Sold Price
$700,000
Premium/Discount to List
-$119,900
-14.62%
Views
100
Current Estimated Value
$807,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,013
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Nov 4, 2019
Sold by
Castellano Marguerite
Bought by
Castellano Margurite and Hickey Diane L
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
Otto Scott C $700,000 Walker Title
Castellano Margurite -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $700,000 -7.9% $673 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/21/2023 11/21/23 Price Changed $759,900 -5.0% $731 / Sq Ft
10/24/2023 10/24/23 Price Changed $799,900 -2.4% $769 / Sq Ft
09/07/2023 09/07/23 For Sale $819,900 -- $788 / 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 $2,102 $499,700 $110,000 $389,700
2023 $2,102 $499,700 $110,000 $389,700
2022 $2,102 $499,700 $110,000 $389,700
2021 $2,364 $429,800 $120,000 $309,800
2020 $1,973 $428,700 $120,000 $308,700
2019 $660 $120,001 $120,000 $1
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Darrell Cummins

    Eagles Nest Realty LLC

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Map

Source: High Country Association of REALTORS®

MLS Number: 245701

High Country Association of REALTORS®

APN: 19400915627100000

North Carolina Avery County Banner Elk 28604

242 Camp Eagle Loop, Banner Elk, NC

This home is located at 242 Camp Eagle Loop, Banner Elk, NC 28604 since 07 September 2023 and is currently estimated at $807,013, approximately $775 per square foot. This property was built in 2019. 242 Camp Eagle Loop is a home located in Avery County with nearby schools including Freedom Trail Elementary School and Cranberry Middle 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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