NOT LISTED FOR SALE

317 Penny Ln Unit 2D Banner Elk, NC 28604

Estimated Value: $630,000 - $731,000

2 Beds
3 Baths
1,975 Sq Ft
$108/mo HOA Fee

Last Sold June 30, 2017

Last sale price $396,000 $201 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,970/month

8 Days on Market

Highlights

  • Mountain View
  • Mountain Architecture
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • Secondary Bathroom Jetted Tub
  • Double Pane Windows

About This Home

As of June 2017

LIKE NEW END UNIT UPPER 2 STORY CONDO WITH ELEVATOR ACCESS! Phenomenal Panoramic Views of Grandfather Mountain. Close proximity to Town, Ski Resorts, Restaurants, Hiking, Shopping, Parks, etc. Temps average 75 degrees in the Summer months. Granite Countertops, Stone Travertine Shower, Jetted Whirlpool Tub, Gourmet Kitchen, Natural Light, Over-size closets, Showers & Tubs, Walk-in Laundry/Pantry room, Stone Gas Fireplace, Outdoor Covered Deck, Superior Soundproofing. Several Upgrades Added As Well To Make This One Extra Nice! Very Energy Efficient. Natural Gas Community. Monthly Utility Bills Very Reasonable! Must. This Condo is the only one with composite wood on deck floor that lasts forever. 8' tall double doors on deck with 51" TV. This One Won't Last Long! Price is unfurnished. Furnishings Are Negotiable.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 06/21/2017

Last Buyer's Agent

Ron Kent

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 2011

Lot Details

  • 18

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Concrete Siding
  • Shake Siding
  • Stone Veneer

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Southern Exposure

Community Details

  • The Vistas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1859-13-03-5412-00002-08

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,068

Year Built

Built in 2011

Lot Details

0

HOA Fees

$108 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
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2011
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone, Vented, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub
  • 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: Concrete, Shake Siding, Stone Veneer
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1290.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1859-13-03-5412-00002-08
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 385/2385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jun 30, 2017
Sold by
Smith Avis Lee and Smith Carol H
Bought by
Woods Robert W and Woods Carla Ranae
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Ron Kent
EXP Realty LLC
List Price
$396,000
Sold Price
$396,000
Current Estimated Value
$674,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,006
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
May 14, 2012
Sold by
Banner Elk Vista Properties Llc
Bought by
Smith Avis Lee and Smith Carol H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Woods Robert W $396,000 None Available
Smith Avis Lee $314,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $396,000 0.0% $201 / Sq Ft
06/21/2017 06/21/17 For Sale $396,000 -- $201 / 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 $2,009 $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

  • Linda Cramblit

    Seller's Agent in 2017

    Linda Cramblit

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    80 in this area

    194 Total Sales

    Section Image
  • Ron Kent

    Buyer's Agent in 2017

    Ron Kent

    EXP Realty LLC

    (561) 886-5904

    44 in this area

    170 Total Sales

    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 201504

High Country Association of REALTORS®

APN: 1859-13-03-5412-00002-08

North Carolina Avery County Banner Elk 28604

317 Penny Ln Unit 2D, Banner Elk, NC

This home is located at 317 Penny Ln Unit 2D, Banner Elk, NC 28604 since 21 June 2017 and is currently estimated at $673,962, approximately $341 per square foot. This property was built in 2011. 317 Penny Ln Unit 2D 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.

Nearby Homes