NOT LISTED FOR SALE

325 Penny Ln Unit 1D Banner Elk, NC 28604

Estimated Value: $574,000 - $599,000

2 Beds
2 Baths
1,509 Sq Ft
$150/mo HOA Fee

Last Sold June 28, 2022

Last sale price $525,000 $348 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,514/month

69 Days on Market

Highlights

  • Mountain View
  • Mountain Architecture
  • Home Security System
  • Banner Elk Elementary School Rated A-
  • Tray Ceiling
  • Outdoor Grill

About This Home

As of June 2022

Fantastic long range, unobstructed, Grandfather view from this end unit, walk-in level condo! This immaculate, 2 bedroom/ 2 bath luxury unit is sure to impress with many upgrades! Open concept living and dining features a floor to ceiling stone fireplace with gas logs. The spacious Gourmet kitchen includes custom cabinetry, stainless appliances and granite countertops. The primary suite has a jetted soaking tub, large walk-in floor to ceiling tiled shower and custom closet. Access the large porch from both the great room and the primary bedroom to take in the view and entertain easily with a new built in gas grill. The view is free from Sugar Top and any other buildings. Easy side gate from the porch leads to the green space just beyond which makes enjoying the grounds or walking the pups a breeze. Beautiful flooring and plantation shutters throughout. Excellent High Country location near Banner Elk, Beech Mountain, Sugar Mountain, Lees McRae, hiking, skiing, dining, shopping and more! This one level living, "lock and leave" mountain dream can't be beat!

Last Agent to Sell the Property

Christy Lombardozzi

Keller Williams High Country Listed on: 04/19/2022

Keller Williams High Country

Co-Listed By

Jonathan Lehman

Keller Williams High Country

Last Buyer's Agent

Gina Ross

Keller Williams High Country

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,291

Year Built

  • Built in 2012

Lot Details

  • 18

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Concrete Siding
  • Stone Veneer

Interior Spaces

  • 1,509 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Mountain Views
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Grill

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

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

Community Details

  • The Vistas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1859-13-03-5412-00003-04

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,291

Year Built

Built in 2012

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3728
  • Co List Office Phone: 828-386-1086
  • Subdivision Name: The Vistas
  • Above Grade Finished Sq Ft: 1509.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2012
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Elevator, Window Treatments
  • Living Area: 1509.0
  • Stories: 1
  • Window Features: Window Treatments

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Concrete, Stone Veneer, Wood Frame
  • Exterior Features: Outdoor Grill
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Security: Security System
  • Cooling: Central Air, Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1859-13-03-5412-00003-04
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3291.0
  • Tax Book Number: 551/1601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 29, 2020
Sold by
Baio James R and Baio Patricia E
Bought by
Goodstein David
Seller's Agent
Morgan Beck Herdklotz
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Christy Lombardozzi
Keller Williams High Country
List Price
$434,000
Sold Price
$434,000
Current Estimated Value
$587,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,664
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Banner Elk Vista Proeprties Llc
Bought by
Baio James R and Baio Patricia E
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
Goodstein David $434,000 Accommodation
Goodstein David $868 None Listed On Document
Baio James R $274,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $525,000 0.0% $348 / Sq Ft
04/19/2022 04/19/22 For Sale $525,000 +21.0% $348 / Sq Ft
11/17/2020 11/17/20 Sold $434,000 0.0% $274 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $434,000 -- $274 / 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 $1,748 $436,900 $0 $436,900
2022 $0 $436,900 $0 $436,900
2021 $1,631 $296,500 $25,000 $271,500
2020 $3,291 $296,500 $25,000 $271,500
2019 $3,291 $296,500 $25,000 $271,500
2018 $1,631 $296,500 $25,000 $271,500
2017 $2,920 $258,400 $0 $0
2016 $1,156 $258,400 $0 $0
2015 $1,156 $258,400 $40,000 $218,400
Source: Public Records

Agents Affiliated with this Home

  • Christy Lombardozzi

    Seller's Agent in 2022

    Christy Lombardozzi

    Keller Williams High Country

    (828) 406-1344

    25 in this area

    155 Total Sales

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  • Jonathan Lehman

    Seller Co-Listing Agent in 2022

    Jonathan Lehman

    Keller Williams High Country

    (828) 964-1922

    34 in this area

    148 Total Sales

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  • G

    Buyer's Agent in 2022

    Gina Ross

    Keller Williams High Country

    (828) 387-1794

    13 in this area

    47 Total Sales

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  • Morgan Beck Herdklotz

    Seller's Agent in 2020

    Morgan Beck Herdklotz

    Premier Sotheby's International Realty- Banner Elk

    (828) 387-1897

    33 in this area

    113 Total Sales

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 236899

High Country Association of REALTORS®

APN: 1859-13-03-5412-00003-04

North Carolina Avery County Banner Elk 28604

325 Penny Ln Unit 1D, Banner Elk, NC

This home is located at 325 Penny Ln Unit 1D, Banner Elk, NC 28604 since 19 April 2022 and is currently estimated at $586,376, approximately $388 per square foot. This property was built in 2012. 325 Penny Ln Unit 1D 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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