Seller's Agent in 2017
Leah Grove
Foscoe Realty & Development
(828) 406-3690
71 in this area
167 Total Sales
315 Ridge Haven Pkwy Unit R21-A Banner Elk, NC 28604
Estimated Value: $611,000 - $1,115,000
4
Beds
3.5
Baths
2,409
Sq Ft
$340/mo
HOA Fee
Highlights
- Home fronts a pond
- Gated Community
- Clubhouse
- Valle Crucis Elementary School Rated A-
- Mountain View
- Stream or River on Lot
About This Home
As of November 2017Furnished, four bedroom, 3.5 bath townhome at Echota on the Ridge with an outstanding view of Grandfather Mountain and an impressive rental history! 2016 rental income was nearly $55,000!
This spacious floorplan boasts the master suite on the main level, hardwood floors throughout the open kitchen with granite countertops and breakfast bar, dining area and great room with vaulted ceilings and a stacked stone gas fireplace along with access to covered deck to take in the mountain views. The upper level has 2 guest bedrooms and a full guest bathroom and the lower level features a second master suite with full bathroom, additional living space with sleeper sofa and access to the 2nd covered deck with a hot tub! Enjoy mountain living in the gated, maintenance free community of Echota with access to 2 clubhouses, indoor & outdoor pools and hot tubs, 2 fitness facilities, 25-acre riverpark, fishing ponds and our newest backyard amenities.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,542
Year Built
- Built in 2008
Lot Details
- Home fronts a pond
- Property fronts a private road
HOA Fees
- $340 Monthly HOA Fees
Home Design
- Mountain Architecture
- Shingle Roof
- Architectural Shingle Roof
- Hardboard
- Cedar
Interior Spaces
- 3-Story Property
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Double Pane Windows
- Mountain Views
- Finished Basement
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Parking
- No Garage
- Private Parking
- Driveway
- Paved Parking
Outdoor Features
- Stream or River on Lot
- Covered Patio or Porch
Schools
- Valle Crucis Elementary School
Utilities
- Cooling Available
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1889-21-0843-000
Community Details
Overview
- Echota Subdivision
Recreation
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2017
Closed on
Nov 9, 2017
Sold by
Grimes Eric R and Grimes Kelley J
Bought by
Wood Ii James Arthur and Wood Barbara
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
Allan Wagner
NextHome Mountain Realty
List Price
$520,000
Sold Price
$520,000
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
$400,946
Avg. Annual Appreciation
7.30%
Original Mortgage
$250,000
Outstanding Balance
$134,734
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$786,212
Purchase Details
Closed on
Dec 10, 2010
Sold by
Grimes Kelly J
Bought by
Grimes Eric R
Purchase Details
Closed on
May 16, 2008
Sold by
Edcotr Inc
Bought by
Grimes Eric R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,800
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Wood Ii James Arthur | $520,000 | None Available | |
| Grimes Eric R | -- | -- | |
| Grimes Eric R | $545,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wood Ii James Arthur | $250,000 | |
| Previous Owner | Grimes Eric R | $435,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2017 11/14/17 | Sold | $520,000 | 0.0% | $216 / Sq Ft |
| 10/15/2017 10/15/17 | Pending | -- | -- | -- |
| 06/07/2017 06/07/17 | For Sale | $520,000 | -- | $216 / 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 |
|---|---|---|---|---|
| 2025 | $2,628 | $686,200 | $75,000 | $611,200 |
| 2024 | $2,628 | $686,200 | $75,000 | $611,200 |
| 2023 | $2,605 | $686,200 | $75,000 | $611,200 |
| 2022 | $2,605 | $686,200 | $75,000 | $611,200 |
| 2021 | $1,723 | $362,700 | $75,000 | $287,700 |
| 2020 | $1,723 | $362,700 | $75,000 | $287,700 |
| 2019 | $1,723 | $362,700 | $75,000 | $287,700 |
| 2018 | $1,542 | $362,700 | $75,000 | $287,700 |
| 2017 | $1,542 | $362,700 | $75,000 | $287,700 |
| 2013 | -- | $484,800 | $75,000 | $409,800 |
Source: Public Records
Agents Affiliated with this Home
-
Leah Grove
-
Allan Wagner
Buyer's Agent in 2017
Allan Wagner
NextHome Mountain Realty
(828) 297-2328
9 in this area
59 Total Sales
-
Judy Wagner
Buyer Co-Listing Agent in 2017
Judy Wagner
NextHome Mountain Realty
(828) 773-7320
7 in this area
47 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 201537
APN: 1889-21-0843-000
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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