NOT LISTED FOR SALE

373 Laurel Ridge Ln Unit 8 Banner Elk, NC 28604

Estimated Value: $1,605,000 - $1,938,000

4 Beds
4.5 Baths
4,320 Sq Ft
$408/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $720,000 $167 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $9,650/month

Highlights

  • Golf Course Community
  • Gated Community
  • Private Membership Available
  • Banner Elk Elementary School Rated A-
  • Mountain View
  • Clubhouse

About This Home

As of September 2018

This handsome Laurel Village home offers all the advantages of a single family home, with the carefree convenience of condominium living. A spacious two-level, four bedroom, four and one-half bath floor plan showcases a great room with cathedral ceiling and massive rock fireplace. Custom details include an elevator, wine room, and screened-in deck. Among the homes’ many features are a separate family room, gourmet kitchen, home office, and open living and dining area. Guests retreat to the lower level in comfort, with three private bedroom suites surrounding a central family room. Expansive decks, both covered and open are ideal for outdoor entertaining. Attached garage parking for two cars and a golf cart. Quality and elegance in every detail complete this fully appointed mountain oasis.

Last Agent to Sell the Property

Richard Foster Ii

Elk River Realty Listed on: 09/19/2017

Last Buyer's Agent

Richard Foster Ii

Elk River Realty Listed on: 09/19/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1996

Lot Details

  • 5,227 Sq Ft Lot
  • Property fronts a private road
  • Zoning described as Deed Restrictions,Subdivision

Parking

  • 2 Car Attached Garage
  • Shared Driveway
  • Golf Cart Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 1848-01-37-9281-00000

Community Details

Overview

  • Property has a Home Owners Association
  • Private Membership Available
  • Elk River Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,126

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Elk River
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2160.0
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Living Area: 4320.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Elevator
  • Patio And Porch Features: Covered, Open, Screened
  • Roof: Shake, Wood

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Golf Cart Garage, Paved, Shared Driveway

Utilities

  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Golf, Gated, Pool, River, Tennis Court(s)
  • Association Fee: 8201.0
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1848-01-37-9281-00000
  • Zoning Description: Deed Restrictions,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 400/3402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Sep 10, 2018
Sold by
Forness Ucola L
Bought by
Willard Josiah J and Willard Kathleen R
Seller's Agent
Richard Foster Ii
Elk River Realty
Buyer's Agent
Richard Foster Ii
Elk River Realty
List Price
$720,000
Sold Price
$720,000
Current Estimated Value
$1,760,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,040,454
Avg. Annual Appreciation
13.40%

Purchase Details

Closed on
Apr 24, 2009
Sold by
Laurel Village Unit Owners Association I
Bought by
Forness Ucola L and Ucola L Forness Living Trust

Purchase Details

Closed on
Mar 2, 2006
Sold by
Lindsay Lou Ann and Lindsay Donald
Bought by
Forness Ucola L and Ucola L Forness Revocable Trust
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
Willard Josiah J $720,000 None Available
Forness Ucola L -- None Available
Forness Ucola L $1,400,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2018 09/12/18 Sold $720,000 0.0% $167 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
09/19/2017 09/19/17 For Sale $720,000 -- $167 / 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
2024 $4,126 $1,031,400 $130,000 $901,400
2023 $4,126 $1,031,400 $130,000 $901,400
2022 $0 $1,031,400 $130,000 $901,400
2021 $4,779 $868,900 $100,000 $768,900
2020 $4,779 $868,900 $100,000 $768,900
2019 $4,283 $778,800 $100,000 $678,800
2018 $4,283 $778,800 $100,000 $678,800
2017 $4,864 $884,300 $0 $0
2016 $3,955 $884,300 $0 $0
2015 $3,955 $884,300 $100,000 $784,300
2012 -- $1,182,200 $50,000 $1,132,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 203702

High Country Association of REALTORS®

APN: 1848-01-37-9281-00000