NOT LISTED FOR SALE

28 Hemlock Hill Unit A Beech Mountain, NC 28604

Banner Elk Area

Estimated Value: $203,000 - $374,000

2 Beds
1 Bath
775 Sq Ft
1 Acre Lot

Sale Details

Date Sold: September 11, 2020

Last sale price $74,000 $95 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $1,906 / mo

85 Days on Market

Highlights

  • Cottage
  • Baseboard Heating
  • Wood Siding
  • Banner Elk Elementary School Rated A-
  • Space Heater
  • Stone Fireplace

About This Home

As of September 2020

Investment Opportunity. Rare Stand Alone Condo in Ski Country. Being sold as is and in need of a makeover. Will make a great rental! One level living with open floor plan. Light & Bright 2 Bedroom 1 Bath condo with Washer & Dryer. Mold present in bedrooms and mold found under home see photos. Just minutes to Sugar Mountain Ski Resort, New Alpine Roller Coaster, Fine Dining, Grocery Stores, Parks and Downtown Banner Elk.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 05/18/2020

Last Buyer's Agent

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 05/18/2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $265

Year Built

  • Built in 1983

Lot Details

  • Property fronts a private road

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Space Heater
  • Wall Furnace
  • Baseboard Heating
  • Cable TV Available

Community Details

  • Ski Country Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1858209120120010401

Property Details

Home Type

Condominium

Est. Annual Taxes

$265

Year Built

Built in 1983

Lot Details

1 Acres

HOA Fees

$230 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Ski Country
  • Above Grade Finished Sq Ft: 775.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1983
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Refrigerator, Washer
  • Has Basement: Other, See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 775.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 230.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1858209120120010401
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 265.1
  • Tax Book Number: 312/51

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2023
Sold by
B & K 1 Real Estate Investment Llc
Bought by
Current Estimated Value
$297,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,750
Outstanding Balance
$203,676
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$93,807

Purchase Details

Listed on
May 18, 2020
Closed on
Aug 7, 2020
Sold by
Gregory Robert Howard and Gregory Michelle L
Bought by
B & K 1 Real Estate Investment Llc
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
List Price
$74,000
Sold Price
$74,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.24%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Beech Mountain, NC

  • Chris Barr Real Estate Agent - Realty One Group Results

    Chris Barr

    Realty One Group Results

    (336) 444-6119

    550 Total Sales

    1 in Banner Elk

    $325,000 Price

    Chris Barr
     Section Image
  • Heather Mitchell Real Estate Agent - RE/MAX Realty Group

    Heather Mitchell

    Responds Quickly

    RE/MAX Realty Group

    (828) 624-2757

    24 Total Sales

    5 in Banner Elk

    $325K - $589K Price Range

    Heather Mitchell
     Section Image
  • Helen L. Phillips Real Estate Agent - Coe Realty

    Helen L. Phillips

    Coe Realty

    (828) 373-4641

    44 Total Sales

    2 in Banner Elk

    $25K - $426K Price Range

    Helen L. Phillips
     Section Image
  • Lee Gillette Real Estate Agent - BHHS Vincent Properties

    Lee Gillette

    BHHS Vincent Properties

    (828) 268-3498

    39 Total Sales

    6 in Banner Elk

    $310K - $735K Price Range

    Lee Gillette
     Section Image
  • Mandy Pennell Real Estate Agent - Keller Williams High Country

    Mandy Pennell

    Keller Williams High Country

    (828) 761-3308

    48 Total Sales

    5 in Banner Elk

    $149K - $349K Price Range

    Mandy Pennell
     Section Image
  • Don Blair Real Estate Agent - Premier Sotheby's Int'l Realty

    Don Blair

    Premier Sotheby's Int'l Realty

    (828) 383-9137

    44 Total Sales

    1 in Banner Elk

    $1,642,500 Price

    Don Blair
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$281,000 None Listed On Document
B & K 1 Real Estate Investment Llc $74,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $210,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $74,000 0.0% $95 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $74,000 -- $95 / Sq Ft
Source: High Country Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $414 $97,000 $97,000
2024 $414 $97,000 $97,000
2023 $411 $97,000 $0 $97,000
2022 $0 $97,000 $0 $97,000
2021 $291 $50,000 $6,300 $43,700
2020 $265 $48,200 $6,300 $41,900
2019 $265 $48,200 $6,300 $41,900
2018 $265 $48,200 $6,300 $41,900
2017 $282 $51,200 $0 $0
2016 $229 $51,200 $0 $0
2015 $229 $51,200 $3,800 $47,400
Source: Public Records

Agents Affiliated with this Home

  • Linda Cramblit Real Estate Agent - Blue Ridge Realty & Inv. - Banner Elk

    Seller's Agent in 2020

    Linda Cramblit

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    148 Total Sales

    Linda Cramblit
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Map

Source: High Country Association of REALTORS®

MLS Number: 221704

High Country Association of REALTORS®

APN: 1858-20-91-2012-00104-01

North Carolina Avery County Beech Mountain 28604

28 Hemlock Hill Unit A, Beech Mountain, NC

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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