Seller's Agent in 2019
Leslie Eason
Keller Williams High Country
(828) 406-0828
29 in this area
163 Total Sales
262 River Road 2 Banner Elk, NC 28604
Estimated Value: $310,369 - $328,000
2
Beds
2
Baths
858
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- River View
- Clubhouse
- Wooded Lot
- Valle Crucis Elementary School Rated A-
- Wood Burning Stove
- Mountain Architecture
About This Home
As of August 2019Adorable affordable getaway on the Watauga River in Mill Ridge. This sweet cottage offers two full bedrooms and bathrooms and features a large newer covered deck overlooking the river with room for friends, family and guests to all enjoy. Use as your mountain home or as an income producing vacation rental. Enter to an inviting living room with a fireplace with wood stove insert. This will heat the entire home. One bedroom, bath and laundry area is immediately to the right. The kitchen is also off of the living room. Proceed through to a light-filled area used as a dining room. Off this room is the second bed and bath. The deck is off of the dining area. New roof in 2014. This home has not been in a vacation rental program before, and it would make an excellent one! Mill Ridge is a development with tennis courts, a swimming pool, hiking trails and a clubhouse. It is centrally located to all High Country attractions and to Boone, Blowing Rock and Banner Elk.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $476
Year Built
- Built in 1973
Lot Details
- 5,663 Sq Ft Lot
- River Front
- Property fronts a private road
- Wooded Lot
- Zoning described as Residential,Subdivision
HOA Fees
- $155 Monthly HOA Fees
Parking
- No Garage
Property Views
- River
- Seasonal
Home Design
- Mountain Architecture
- Cottage
- Geodesic or Dome Home
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 858 Sq Ft Home
- 1-Story Property
- Wood Burning Stove
- Wood Burning Fireplace
- Double Pane Windows
- Crawl Space
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Open Patio
Utilities
- No Cooling
- Heating System Uses Propane
- Radiant Heating System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1878-86-5772-000
Community Details
Overview
- Mill Ridge Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2009
Sold by
Garrison Julia Anna
Bought by
Bailey Dale P and Bailey Laura H
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$63,249
Interest Rate
4.79%
Mortgage Type
New Conventional
Estimated Equity
$255,093
Purchase Details
Closed on
Oct 28, 2005
Sold by
Bianco Angelo
Bought by
Garrison Julia Anna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,904
Interest Rate
5.71%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bailey Dale P | $125,000 | -- | |
| Garrison Julia Anna | $120,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bailey Dale P | $100,000 | |
| Previous Owner | Garrison Julia Anna | $81,904 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2019 08/19/19 | Sold | $155,500 | 0.0% | $181 / Sq Ft |
| 07/25/2019 07/25/19 | For Sale | $155,500 | -- | $181 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $791 | $186,900 | $20,600 | $166,300 |
| 2023 | $768 | $186,900 | $20,600 | $166,300 |
| 2022 | $768 | $186,900 | $20,600 | $166,300 |
| 2021 | $0 | $98,100 | $18,800 | $79,300 |
| 2020 | $524 | $98,100 | $18,800 | $79,300 |
| 2019 | $524 | $98,100 | $18,800 | $79,300 |
| 2018 | $475 | $98,100 | $18,800 | $79,300 |
| 2017 | $475 | $98,100 | $18,800 | $79,300 |
| 2013 | -- | $81,700 | $15,000 | $66,700 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Eason
-
Bobbie Jo Mccachren
Buyer's Agent in 2019
Bobbie Jo Mccachren
Keller Williams High Country
(828) 406-6067
21 in this area
125 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 216356
APN: 1878-86-5772-000
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.
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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