NOT LISTED FOR SALE

317 Penny Ln Unit 2A Banner Elk, NC 28604

Estimated Value: $630,000 - $730,000

3 Beds
3 Baths
1,975 Sq Ft
$151/mo HOA Fee

Last Sold August 25, 2021

Last sale price $529,000 $268 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,013/month

30 Days on Market

Highlights

  • Mountain View
  • Covered Patio or Porch
  • Double Pane Windows
  • Banner Elk Elementary School Rated A-
  • Elevator
  • Tankless Water Heater

About This Home

As of August 2021

Unobstructed big views and ready to move in condition with many upgrades. Hardwood floors, vaulted ceilings, extra wood paneling on bar, louvered shutters window treatment, built-ins in closet and laundry area and frame-less shower door in master. Located in Building 2 away from construction, this unit is in almost new condition and is ready to go. South facing exposure with great views of Grandfather Mountain and the town below. Fantastic floor plan with two bedrooms, two baths on the main level and a loft/third bedroom and bath upstairs. Rooms are large and spacious with ample natural light. Closets are over-sized and there is a fantastic walk-in laundry/pantry. Construction is top quality with superior sound-proofing in walls, floors and ceilings. The large covered deck spans across the entire width of the condo and is equipped with hose bib and 2 outlets for convenience. There is also an elevator in this building for ease of access if needed. A great location to town to start making memories in the mountains.

Last Agent to Sell the Property

Susan F. Brown

Susan Brown Realty Listed on: 06/25/2021

Last Buyer's Agent

Susan F. Brown

Susan Brown Realty Listed on: 06/25/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,018

Year Built

  • Built in 2012

Lot Details

  • Southern Exposure

HOA Fees

  • $151 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Shake Siding
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 1,975 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-13-03-5412-00002-05

Community Details

Overview

  • The Vistas Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,018

Year Built

Built in 2012

Lot Details

0

HOA Fees

$151 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: The Vistas
  • Above Grade Finished Sq Ft: 1975.0
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2012
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Vented, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1975.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Shake Siding, Stone Veneer, Wood Frame
  • Exterior Features: Elevator, Storage
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Laundry Features: Main Level
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 1815.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1859-13-03-5412-00002-05
  • Zoning Description: Deed Restrictions,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4018.3
  • Tax Book Number: 522/881

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 11, 2021
Sold by
Crumrine George B and Crumrine Sharon A
Bought by
Emmel G L G and Emmel Phyllis
Seller's Agent
Susan F. Brown
Susan Brown Realty
Buyer's Agent
Susan F. Brown
Susan Brown Realty
List Price
$529,000
Sold Price
$529,000
Current Estimated Value
$673,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,898
Avg. Annual Appreciation
7.05%

Purchase Details

Listed on
May 14, 2018
Closed on
Jul 9, 2018
Sold by
Walker William C and Walker Ann Maureen
Bought by
Crumrine George B and Crumrine Sharon A
Seller's Agent
Chris Wotell
Peak Real Estate Llc
Buyer's Agent
Jessica Stansberry
Century 21 Mountain Vistas
List Price
$425
Sold Price
$425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
934.61%
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
Emmel G L G $529,000 None Available
Emmel G L G $529,000 None Listed On Document
Crumrine George B $415,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $529,000 0.0% $268 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $529,000 +124370.6% $268 / Sq Ft
08/08/2018 08/08/18 Sold $425 0.0% $0 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $425 -- $0 / 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
2023 $2,068 $517,000 $0 $517,000
2022 $0 $517,000 $0 $517,000
2021 $2,009 $365,300 $45,000 $320,300
2020 $4,055 $365,300 $45,000 $320,300
2019 $4,055 $365,300 $45,000 $320,300
2018 $0 $365,300 $45,000 $320,300
2017 $3,471 $307,200 $0 $0
2016 $1,374 $307,200 $0 $0
2015 $1,374 $307,200 $50,000 $257,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Susan F. Brown

    Susan Brown Realty

    Section Image
  • Chris Wotell

    Seller's Agent in 2018

    Chris Wotell

    Peak Real Estate Llc

    (828) 260-1366

    25 in this area

    98 Total Sales

    Section Image
  • Jim Fitzpatrick

    Seller Co-Listing Agent in 2018

    Jim Fitzpatrick

    Peak Real Estate Llc

    (828) 898-3257

    18 in this area

    100 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Jessica Stansberry

    Century 21 Mountain Vistas

    (828) 964-6928

    3 in this area

    8 Total Sales

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 231447

High Country Association of REALTORS®

APN: 1859-13-03-5412-00002-05

North Carolina Avery County Banner Elk 28604

317 Penny Ln Unit 2A, Banner Elk, NC

This home is located at 317 Penny Ln Unit 2A, Banner Elk, NC 28604 since 25 June 2021 and is currently estimated at $682,997, approximately $345 per square foot. This property was built in 2012. 317 Penny Ln Unit 2A is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Grandfather Academy.

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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