NOT LISTED FOR SALE

397 Indian Paintbrush Dr Unit RP-2 Banner Elk, NC 28604

Estimated Value: $712,000 - $779,922

3 Beds
3 Baths
1,669 Sq Ft
$483/mo HOA Fee

Last Sold March 22, 2019

Last sale price $343,000 $206 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,568/month

139 Days on Market

Highlights

  • Fitness Center
  • Home fronts a pond
  • Mountain View
  • Valle Crucis Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of March 2019

Gorgeous and well-maintained 3BR/3BA Grand Oaks at Echota on the Ridge with spectacular views from every angle. Being offered furnished, this modern mountain condo is ready for you to enjoy. Luxury finishes include hardwood floors in the entry, kitchen, living and dining area, stacked stone gas fireplace, custom wormy cherry cabinetry in the kitchen and all bathrooms and an oversize covered deck to take in the mountain views. The living area has lots of windows keeping it light & bright along with an open kitchen with convenient breakfast bar. The soothing master suite is spacious with access to the deck along with an adjoining master bath with double vanity, walk-in closet, oversize soaking tub and stand-up shower. Both guest bedrooms have their own bathroom, making it perfect for family and friends. All of this in the gated community of Echota – enjoy maintenance free living with 2 clubhouses, indoor & outdoor pools and hot tubs, 2 fitness facilities, riverpark, fishing ponds, bocce, croquet and a putting green.

Last Agent to Sell the Property

Leah Grove

Foscoe Realty & Development Listed on: 10/03/2018

Last Buyer's Agent

Margaret Gilleskie

Jenkins Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $872

Year Built

  • Built in 2006

Lot Details

  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,669 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot

Schools

  • Valle Crucis Elementary School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 1879-90-9058-002

Community Details

Overview

  • Echota Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$872

Year Built

Built in 2006

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Echota
  • Above Grade Finished Sq Ft: 1669.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1669.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Concrete, Wood Frame
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Pool, River
  • Association Fee: 1450.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1879-90-9058-002
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 872.31
  • Tax Book Number: 1881/773

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Mar 18, 2019
Sold by
Newman Brian and Henegar Brianna
Bought by
Henry Michael P and Henry Megan C
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
Margaret Gilleskie
Jenkins Realtors
List Price
$343,000
Sold Price
$343,000
Current Estimated Value
$752,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,231
Avg. Annual Appreciation
12.32%
Original Mortgage
$250,000
Outstanding Balance
$218,899
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$533,332

Purchase Details

Listed on
Apr 13, 2016
Closed on
Sep 23, 2016
Sold by
Tuffnell Stuart A and Tuffnell Natalie T
Bought by
Newman Brian and Henegar Brianna
Seller's Agent
Jonathan Lehman
Keller Williams High Country
Buyer's Agent
Jonathan Lehman
Keller Williams High Country
List Price
$334,900
Sold Price
$334,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%

Purchase Details

Closed on
Nov 20, 2010
Sold by
Athey Tim and Benson Marilyn
Bought by
Hardy Stephen and Hardy June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2010
Sold by
Athey Timothy M and Benson Marilyn
Bought by
Tuffnell Stuart A and Tuffnell Natalie T

Purchase Details

Closed on
Dec 14, 2006
Sold by
Edcotr Inc
Bought by
Mccormck Nancy R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Henry Michael P $343,000 None Available
Newman Brian $335,000 None Available
Hardy Stephen $360,000 --
Tuffnell Stuart A $315,000 --
Mccormck Nancy R $445,000 None Available
Athey Tim $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Michael P $250,000
Previous Owner Hardy Stephen $259,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2019 03/22/19 Sold $343,000 0.0% $206 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $343,000 +2.4% $206 / Sq Ft
09/29/2016 09/29/16 Sold $334,900 0.0% $202 / Sq Ft View Prior Sale
08/30/2016 08/30/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $334,900 -- $202 / 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
2025 $1,584 $498,000 $75,000 $423,000
2024 $1,584 $498,000 $75,000 $423,000
2023 $1,913 $498,000 $75,000 $423,000
2022 $1,913 $498,000 $75,000 $423,000
2021 $1,624 $340,900 $75,000 $265,900
2020 $1,624 $340,900 $75,000 $265,900
2019 $1,624 $340,900 $75,000 $265,900
2018 $1,454 $340,900 $75,000 $265,900
2017 $1,454 $340,900 $75,000 $265,900
2013 -- $338,700 $75,000 $263,700
Source: Public Records

Agents Affiliated with this Home

  • Leah Grove

    Seller's Agent in 2019

    Leah Grove

    Foscoe Realty & Development

    (828) 406-3690

    71 in this area

    167 Total Sales

    Leah Grove
    Section Image

  • M

    Buyer's Agent in 2019

    Margaret Gilleskie

    Jenkins Realtors

    (828) 773-0062

    2 in this area

    15 Total Sales

    Margaret Gilleskie
    Section Image
  • Jonathan Lehman

    Seller's Agent in 2016

    Jonathan Lehman

    Keller Williams High Country

    (828) 964-1922

    30 in this area

    126 Total Sales

    Jonathan Lehman
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 210809

High Country Association of REALTORS®

APN: 1879-90-9058-002

North Carolina Watauga County Banner Elk 28604

397 Indian Paintbrush Dr Unit RP-2, Banner Elk, NC

Not Listed for Sale

Condos

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