NOT LISTED FOR SALE

325 Penny Ln Unit 2-D Banner Elk, NC 28604

Estimated Value: $720,000 - $790,614

3 Beds
3 Baths
2,264 Sq Ft
$151/mo HOA Fee

Last Sold February 07, 2022

Last sale price $585,000 $258 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,429/month

214 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Elevator

About This Home

As of February 2022

The BEST UNIT in The Vistas! Enjoy unobstructed views of Grandfather Mountain with NO VIEW of Sugartop or OTHER ROOF TOPS. This condo also has an elevator for easy access or luggage assistance. High quality construction with custom upgrades throughout. Luxury 3 bedroom 3 bath en suite with T&G ceiling in GR, Dramatic vaulted ceiling, Owners suite on main, Plantation shutters, travertine tile, Rinnai hot water heater, Stainless Steel appliances, Jacuzzi tub in the owners bath, over sized deck with built in natural gas grill. Enjoy the cool mountain air all summer long. Temperatures average 75 degrees. Natural Gas appliances, and fireplace. This condo exudes luxury like no other. Custom light fixtures and paint make it extra special. Home was decorated by a professional designer. Come and look! The perfect second home to lock and leave. No maintenance. Just come and enjoy your own slice of heaven.

Last Agent to Sell the Property

Laurie Bell

Keller Williams Realty South Park Listed on: 06/07/2021

Keller Williams Realty South Park

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 2012

Lot Details

  • Southern Exposure

HOA Fees

  • $151 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Stone Fireplace
  • 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
  • Washer and Dryer Hookup

Home Security

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

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
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-13-03-5412-00003-08

Community Details

Overview

  • The Vistas Subdivision

Additional Features

  • Elevator
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,550

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: 2264.0
  • Architectural Style: Mountain
  • 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: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Tankless Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Stone, Vented, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Carbon Monoxide Detector, Vaulted Ceiling(s)
  • Living Area: 2264.0
  • 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, Wood Frame
  • Exterior Features: Elevator, Outdoor Grill
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, 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: Cable Available, 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 #: 1859-13-03-5412-00003-08
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4550.0
  • Tax Book Number: 00509/0631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Bell Randall and Bell Laurie
Bought by
Bryan Callan H and Bryan Nicole V
Current Estimated Value
$745,723

Purchase Details

Closed on
Mar 7, 2013
Sold by
Banner Elk Vista Properties Llc
Bought by
Welborn Joseph M and Welborn Ellie C
Source: Public Records

Range of Values:

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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
Bryan Callan H $590,000 None Available
Bryan Callan H $590,000 None Listed On Document
Welborn Joseph M $380,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Laurie $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $585,000 0.0% $258 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
06/07/2021 06/07/21 For Sale $585,000 -- $258 / 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 $2,340 $585,100 $0 $585,100
2022 $2,340 $585,100 $0 $585,100
2021 $2,254 $409,900 $45,000 $364,900
2020 $4,550 $409,900 $45,000 $364,900
2019 $4,550 $409,900 $45,000 $364,900
2018 $2,254 $409,900 $45,000 $364,900
2017 $4,014 $355,200 $0 $0
2016 $1,588 $355,200 $0 $0
2015 $1,588 $355,200 $50,000 $305,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Laurie Bell

    Keller Williams Realty South Park

    Section Image

  • N

    Buyer's Agent in 2022

    NONMLS MEMBER

    NONMLS

    166 in this area

    2,474 Total Sales

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 230899

High Country Association of REALTORS®

APN: 1859-13-03-5412-00003-08

North Carolina Avery County Banner Elk 28604

325 Penny Ln Unit 2-D, Banner Elk, NC

This home is located at 325 Penny Ln Unit 2-D, Banner Elk, NC 28604 since 07 June 2021 and is currently estimated at $762,205, approximately $336 per square foot. This property was built in 2012. 325 Penny Ln Unit 2-D 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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