NOT LISTED FOR SALE

270 River Road 2 Banner Elk, NC 28604

Estimated Value: $353,000 - $403,000

2 Beds
2 Baths
1,128 Sq Ft
$340/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $150,000 $133 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,260/month

Highlights

  • Home fronts a pond
  • River View
  • Stream or River on Lot
  • Valle Crucis Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of June 2018

Listen to the sounds of the Watauga river and watch the great blue heron from the screened porch or from one of two wrap-around decks. Take a dip in the chest-deep swim hole, or fish for native trout right out the back door. Enjoy the community trails, pool, or tennis courts. This 2 bed/2 bath (plus a loft) features a cathedral ceiling in the living room, wood floors throughout, and updated appliances. There are multiple heating sources including baseboards, a gas fireplace, and a mini split on each level that is also capable of cooling (AC). The gravel parking area easily fits two large vehicles. Approximately 15 min to ASU or 18 min to Sugar Mountain Ski Resort. Rent is $1,745/mo plus $155/mo POA fees (covering water and sewage as well as pool fees) per month plus any other utilities (electric/gas/internet). One month refundable deposit. Well behaved dog possibly considered with pet fee of $500 fee as well as vet records. One year lease and good credit required. This riverfront cabin will rent fast; apply now to secure your spot.

Last Agent to Sell the Property

Denise Weinkle

RE/MAX Realty Group Listed on: 04/16/2018

RE/MAX Realty Group

Last Buyer's Agent

Pamela Winkler

Blowing Rock Properties, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1983

Lot Details

  • 5,663 Sq Ft Lot
  • Home fronts a pond
  • River Front
  • Property fronts a private road
  • Zoning described as Deed Restrictions,R-1,Residential,Subdivision

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Cottage
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • River Views
  • Finished Basement
  • Exterior Basement Entry
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Stream or River on Lot
  • Screened Patio
  • Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Short Term Rentals Allowed
  • Tax Lot 17EE
  • Assessor Parcel Number 1878-86-5722-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$816

Year Built

Built in 1983

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 564.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Exterior Entry, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 564.0
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1128.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: River
  • View: Yes
  • Waterfront Features: River Front, Pond
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Multiple, Screened
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, River, Tennis Court(s), Short Term Rental Allowed
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878-86-5722-000
  • Zoning Description: Deed Restrictions,R-1,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 816.0
  • Tax Book Number: 1317/739
  • Tax Lot: 17EE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 5, 2018
Sold by
Mcgreevy Geatz J and Mcgreevy Shawn M
Bought by
Mountain Mamas Llc
Seller's Agent
Denise Weinkle
RE/MAX Realty Group
Buyer's Agent
Pamela Winkler
Blowing Rock Properties, Inc
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$383,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,371
Avg. Annual Appreciation
13.42%

Purchase Details

Closed on
Aug 28, 2007
Sold by
Geatz Sharon E
Bought by
Geatz J Tobin and Mcgreevy Shawn M
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
Mountain Mamas Llc $150,000 None Available
Geatz J Tobin -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2025 07/29/25 Off Market $1,900 -- --
06/30/2025 06/30/25 For Rent $1,900 0.0% --
06/11/2018 06/11/18 Sold $150,000 0.0% $133 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $150,000 -- $133 / 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 $1,020 $320,700 $20,600 $300,100
2023 $1,260 $320,700 $20,600 $300,100
2022 $1,260 $320,700 $20,600 $300,100
2021 $0 $182,600 $18,800 $163,800
2020 $907 $182,600 $18,800 $163,800
2019 $907 $182,600 $18,800 $163,800
2018 $816 $182,600 $18,800 $163,800
2017 $816 $182,600 $18,800 $163,800
2013 -- $178,800 $15,000 $163,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 206782

High Country Association of REALTORS®

APN: 1878-86-5722-000