NOT LISTED FOR SALE

325 Penny Ln Unit 1-B Banner Elk, NC 28604

Estimated Value: $621,000 - $737,000

2 Beds
2 Baths
1,583 Sq Ft
$100/mo HOA Fee

Last Sold November 16, 2018

Last sale price $350,000 $221 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,934/month

34 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Fireplace
  • Banner Elk Elementary School Rated A-
  • Outdoor Kitchen

About This Home

As of November 2018

Luxury UPGRADED condo in Banner Elk, NC with HUGE unobstructed views. This large 2 bedroom condo in The Vistas development has a COMPLETELY LEVEL ENTRY and one level living. This gorgeous condo offers the quality construction of The Vistas, with superior soundproofing, low maintenance cement siding and trex on the exterior, granite counters throughout, travertine floors in baths, high ceilings and more. Attention was paid to every detail in creating this UPGRADED condo. Upgrades include seamless glass shower doors, upgraded appliances, wood floors, large stone gas vented fireplace, custom closets and custom touches in the kitchen. Outside on the wide deck is a large outdoor kitchen with granite counter and refrigerator. The outside storage room with double doors is wired so that a TV can be installed to create an outdoor TV room. This home is on natural gas, a rarity in this area. There is a tankless gas hot water hear, a natural gas furnace and the stove is natural gas as well. This building is on the first row at The Vistas, offering unobstructed views of Grandfather Mountain. The Vistas are on city water and sewer and city maintained paved roads! Home is not offered furnished.

Last Agent to Sell the Property

Leslie Eason

Keller Williams High Country License #255892 Listed on: 10/04/2018

Keller Williams High Country

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2012

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace

Flooring

  • Wood
  • Stone

Outdoor Features

  • Outdoor Kitchen

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • The Vistas Association

Listing and Financial Details

  • Assessor Parcel Number 1859-13-03-5412-00003-07

Property Details

Home Type

Condominium

Year Built

Built in 2012

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95890
  • Ratio Close Price By Original Li: 0.95890
  • Ratio Current Price By Sq Ft: 221.10
  • Unit Floor Level: 1
  • Year Built: 2012
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave, Refrigerator, Exhaust Hood, Electric Oven
  • Fireplace Description: Gas Vented, Living Room
  • Fireplace: Yes
  • Flooring: Stone, Wood
  • Interior Amenities: Cable Available
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1583
  • Total Sq Ft: 1583

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Outdoor Kitchen

Garage/Parking

  • Driveway: Asphalt, Shared
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Natural Gas, Radiant Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: The Vistas
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Avery County

Lot Info

  • Lot Features: Long Range View, Mountain View
  • Parcel Number: 1859-13-03-5412-00003-07
  • Zoning Specification: RES

Tax Info

  • Tax Value: 316400.00
  • Tax Location: Banner Elk

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $350,000 0.0% $221 / Sq Ft
11/16/2018 11/16/18 Sold $350,000 -4.1% $221 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/17/2018 10/17/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $365,000 +4.3% $231 / Sq Ft
07/23/2018 07/23/18 For Sale $350,000 -- $221 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,043 $510,800 $0 $510,800
2022 $2,043 $510,800 $0 $510,800
2021 $2,006 $364,800 $45,000 $319,800
2018 $2,006 $364,800 $45,000 $319,800
2017 $3,575 $316,400 $0 $0
2016 $1,415 $316,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3437408

Canopy MLS (Canopy Realtor® Association)

APN: 1859130354120000307