NOT LISTED FOR SALE

303 Hillcrest Ln Unit G1 Banner Elk, NC 28604

Estimated Value: $199,000 - $254,000

2 Beds
2 Baths
806 Sq Ft
$229/mo HOA Fee

Last Sold August 27, 2021

Last sale price $130,000 $161 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,507/month

Highlights

  • Views of Trees
  • Geodesic or Dome Home
  • Wood Siding
  • Banner Elk Elementary School Rated A-
  • High Speed Internet
  • Heating Available

About This Home

As of August 2021

Downtown Banner Elk....walk to dinner, shows, the park, live music...great location! Lots of potential in this top floor two bedroom, two bath condo with seasonal mountain views. Lots of glass to let in the light and wrap around deck. Can you say location? Live in the trees above downtown Banner Elk when you call Sugarview home!

Last Agent to Sell the Property

Hope Harvey

Blue Ridge Realty & Investments - Linville Listed on: 06/30/2021

Last Buyer's Agent

Edward Collins

Realty One Group Results-Boone

Realty One Group Results-Boone

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $590

Year Built

  • Built in 1974

Lot Details

  • Land Lease of $675 per month

HOA Fees

  • $229 Monthly HOA Fees

Parking

  • No Garage

Property Views

  • Trees
  • Mountain
  • Seasonal

Home Design

  • Geodesic or Dome Home
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 806 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sugarview Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-17-21-4120-00007-01

Property Details

Home Type

Condominium

Est. Annual Taxes

$590

Year Built

Built in 1974

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Sugarview
  • Above Grade Finished Sq Ft: 806.0
  • Architectural Style: Dome/Geodesic
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1974
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Other, See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Other, See Remarks
  • Interior Amenities: None
  • Living Area: 806.0
  • Stories: 1

Exterior Features

  • View: Mountain(s), Seasonal View, Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 687.7
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Parcel #: 1859-17-21-4120-00007-01
  • Zoning Description: City
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 675.0

Tax Info

  • Tax Annual Amount: 589.95
  • Tax Book Number: 413/2447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 25, 2021
Sold by
Powell John W and Powell Tracey A
Bought by
Traverso Jacob L and Traverso Rachel
Seller's Agent
Hope Harvey
Blue Ridge Realty & Investments - Linville
Buyer's Agent
Edward Collins
Realty One Group Results-Boone
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$223,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,386
Avg. Annual Appreciation
14.12%

Purchase Details

Closed on
Oct 4, 2016
Sold by
Lowery Marlynn
Bought by
Bumgardner O Bryan Drew Christopher and Bryan Melanie Bumgardner O

Purchase Details

Closed on
Apr 30, 2007
Sold by
J & L Auto Transports Inc
Bought by
Powell John W and Powell Tracey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
5.75%
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
Traverso Jacob L $130,000 None Available
Traverso Jacob L $130,000 None Listed On Document
Bumgardner O Bryan Drew Christopher $77,500 Attorney
Powell John W $82,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell John W $74,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $130,000 0.0% $161 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $130,000 -- $161 / 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 -- $127,300 -- $127,300
2023 $1,125 $127,300 $0 $127,300
2022 $509 $127,300 $0 $127,300
2021 $290 $52,700 $5,000 $47,700
2020 $585 $52,700 $5,000 $47,700
2019 $585 $52,700 $5,000 $47,700
2018 $290 $52,700 $5,000 $47,700
2017 $440 $38,900 $0 $0
2016 $174 $38,900 $0 $0
2015 $174 $38,900 $5,000 $33,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 231509

High Country Association of REALTORS®

APN: 1859-17-21-4120-00007-01