NOT LISTED FOR SALE

249 Laurel Ridge Rd Banner Elk, NC 28604

Estimated Value: $507,000 - $680,000

3 Beds
3 Baths
2,131 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $460,000 $216 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,355/month

Highlights

  • Second Kitchen
  • Fishing
  • Mountain View
  • Valle Crucis Elementary School Rated A-
  • Home fronts a pond
  • Chalet

About This Home

As of August 2023

New look & improvements. Looking for a full time residence, seasonal or investment, look no further!! This home is being sold TURN KEY. Sleeps 10. Improvements over the years w/new roof in 2004, bathrooms and lower level living updated in 2009 with private access. Walk into the main open living area, freshly painted, w/a wall of windows to let in the natural light. 1 bedroom w/full bathroom on this level. Primary bedroom is located upstairs (or can be on the main level) w/ample closet space & a walk-in tile shower. Lower level you will find a spacious family room, small kitchen, laundry room, a bonus room being used as a bedroom, a full bathroom & also private deck and entrance. Multiple parking areas. Great mountain getaway in one of The High Country's inclusive mountain communities. Mill Ridge is an intimate & unique family community located 8 miles SW of Boone offering tennis, pool, hiking trails, clubhouse and is centrally located between Boone and Banner Elk. The clubhouse is a great asset equipped with chairs & tables for 48, a commercial kitchen, picnic tables, and cozy fireplace w/wood stove. Relax by the heated pool, or play a game of tennis. Furnished w/a few exceptions.

Last Agent to Sell the Property

Denise Weinkle

RE/MAX Realty Group Listed on: 06/07/2023

RE/MAX Realty Group

Last Buyer's Agent

Lyn Hunter

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1980

Lot Details

  • 5,227 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road
  • Zoning described as R1,Residential

HOA Fees

  • $165 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

  • Chalet
  • A-Frame Home
  • Mountain Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Second Kitchen
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway
  • Paved Parking

Outdoor Features

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

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot B-19 Portion of B-17
  • Assessor Parcel Number 1888-06-3283-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,005

Year Built

Built in 1980

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 1245.0
  • Architectural Style: A-Frame, Chalet/Alpine, Mountain
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-262-1990
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 886.0
  • Fireplace Features: Two, Gas, Vented, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Furnished, Second Kitchen
  • Living Area: 2131.0
  • Stories: 3

Exterior Features

  • Pool Features: Community
  • View: Mountain(s), Seasonal View
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Storage, Gravel Driveway, Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Paved, Private

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Pickleball, 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 #: 1888-06-3283-000
  • Zoning Description: R1,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1005.15
  • Tax Book Number: 2099/509
  • Tax Lot: B-19 Portion of B-17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 15, 2023
Sold by
Goodman Elmer Randy and Goodman Susan Kay
Bought by
Hager Joseph Michael and Green Charlotte Jordan
Seller's Agent
Denise Weinkle
RE/MAX Realty Group
Buyer's Agent
Lyn Hunter
Keller Williams High Country
List Price
$469,000
Sold Price
$460,000
Premium/Discount to List
-$9,000
-1.92%
Views
382
Current Estimated Value
$573,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,509
Avg. Annual Appreciation
11.07%
Original Mortgage
$391,000
Outstanding Balance
$382,336
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$191,173

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 18, 2020
Sold by
Norris John S and Norris Cathy H
Bought by
Goodman Elmer Randy
Seller's Agent
Susan Stelling
EXP Realty LLC
Buyer's Agent
Denise Weinkle
RE/MAX Realty Group
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.70%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Swett Tommy Dorsey and Swett Shirley P
Bought by
Norris Johh S and Norris Cathy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,085
Interest Rate
6.15%
Mortgage Type
New Conventional
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
Hager Joseph Michael $460,000 None Listed On Document
Goodman Elmer Randy $240,000 None Available
Norris Johh S $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hager Joseph Michael $391,000
Previous Owner Norris Johh S $81,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $460,000 -1.9% $216 / Sq Ft
06/07/2023 06/07/23 For Sale $469,000 +95.4% $220 / Sq Ft
06/18/2020 06/18/20 Sold $240,000 0.0% $118 / Sq Ft View Prior Sale
05/29/2020 05/29/20 For Sale $240,000 -- $118 / 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 $1,786 $457,300 $13,800 $443,500
2023 $1,763 $457,300 $13,800 $443,500
2022 $1,763 $457,300 $13,800 $443,500
2021 $0 $293,100 $15,600 $277,500
2020 $1,408 $293,100 $15,600 $277,500
2019 $1,408 $293,100 $15,600 $277,500
2018 $1,261 $293,100 $15,600 $277,500
2017 $1,261 $293,100 $15,600 $277,500
2013 -- $251,400 $12,500 $238,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 243914

High Country Association of REALTORS®

APN: 1888-06-3283-000