Seller's Agent in 2023
Steven Koleno
Beycome Brokerage Realty LLC
(312) 300-6768
1 in this area
11,754 Total Sales
28 Hemlock Hill Rd Banner Elk, NC 28604
Estimated Value: $280,527 - $358,000
2
Beds
1
Bath
780
Sq Ft
$214/mo
HOA Fee
Highlights
- Deck
- Laundry closet
- Central Heating and Cooling System
- Banner Elk Elementary School Rated A-
- 1-Story Property
- Wood Siding
About This Home
As of August 2023Located in the charming Ski Country condominium community across from Sugar Mountain off of Tynecastle road. As a rare find in this community it INCLUDES CENTRAL HVAC (HEATING AND AIR) which is an exception in this community. This is a unique opportunity to purchase a performing vacation rental property that is 100% turnkey. The property is being sold completely furnished with all furnishings, technology, kitchen supplies.... EVERYTHING as you see it included. Over the last two years the top line cash flow on the property was between $34 - $50k, financials provided. The pictures speak for themselves about the property and the reviews speak to the experience by guests.
Last Agent to Sell the Property
Beycome Brokerage Realty LLC License #116486 Listed on: 06/16/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $414
Year Built
- Built in 1983
Lot Details
- 4.61
HOA Fees
- $214 Monthly HOA Fees
Parking
- Driveway
Home Design
- Entry on the 1st floor
- Metal Roof
- Wood Siding
Interior Spaces
- 780 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Laminate Flooring
- Crawl Space
Kitchen
- Oven
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry closet
- Dryer
- Washer
Schools
- Valle Crucis Elementary School
- Watauga Middle School
- Watauga High School
Additional Features
- Deck
- Central Heating and Cooling System
Community Details
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 1858-20-91-2012-00104-01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2023
Closed on
Jul 26, 2023
Sold by
B & K 1 Real Estate Investment Llc
Bought by
Smith Chad and Smith Sarah
Seller's Agent
Steven Koleno
Beycome Brokerage Realty LLC
Buyer's Agent
Steven Koleno
Beycome Brokerage Realty LLC
List Price
$274,900
Sold Price
$281,000
Premium/Discount to List
$6,100
2.22%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,132
Avg. Annual Appreciation
4.78%
Original Mortgage
$210,750
Outstanding Balance
$205,840
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$106,292
Purchase Details
Closed on
Aug 7, 2020
Sold by
Gregory Robert Howard and Gregory Michelle L
Bought by
B & K 1 Real Estate Investment Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Chad | $281,000 | None Listed On Document | |
| B & K 1 Real Estate Investment Llc | $74,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Chad | $210,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2023 08/01/23 | Sold | $281,000 | +2.2% | $360 / Sq Ft |
| 06/20/2023 06/20/23 | Pending | -- | -- | -- |
| 06/16/2023 06/16/23 | For Sale | $274,900 | -- | $352 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 | $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
-
Steven Koleno
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4040713
APN: 1858-20-91-2012-00104-01
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