NOT LISTED FOR SALE

40 Hemlock Hill Rd Unit C Banner Elk, NC 28604

Estimated Value: $173,000 - $185,264

-- Bed
1 Bath
357 Sq Ft
$132/mo HOA Fee

Last Sold October 04, 2023

Last sale price $185,000 $518 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,147/month

121 Days on Market

Highlights

  • A-Frame Home
  • Cooling Available
  • Wood Burning Fireplace
  • Banner Elk Elementary School Rated A-
  • Wood Siding
  • Heating Available

About This Home

As of October 2023

Stunning and cozy updated studio condo nestled in the picturesque mountains. Crafted with meticulous attention to detail, this exceptional dwelling showcases the timeless beauty of reclaimed wormy chestnut timber, exuding rustic charm and a warm, inviting ambiance. Step inside to discover a space that effortlessly combines efficiency and elegance. No detail has been spared in ensuring this property is move-in ready. This studio comes fully furnished, presenting a turn-key opportunity for buyers seeking a hassle-free purchase. From the stylish furniture to the tasteful decor, every aspect has been carefully curated to provide a harmonious and inviting atmosphere. Beyond the walls of this exquisite condo, the location offers a wealth of recreational opportunities. Situated just outside of the Sugar Mountain Ski Resort, outdoor enthusiasts will relish the proximity to thrilling slopes and breathtaking mountain views. In addition to winter sports, the area boasts year-round outdoor activities, including hiking, fishing, and mountain biking and golfing, ensuring that every season is filled with adventure.

Last Agent to Sell the Property

Tyler Coon

EXP Realty LLC Brokerage Phone: 828-254-7253 Listed on: 06/02/2023

EXP Realty LLC

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $279

Year Built

  • Built in 1983

Lot Details

  • Property fronts a private road

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • A-Frame Home
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1 Full Bathroom
  • 357 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Ski Country Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 1858209120120000703

Property Details

Home Type

Condominium

Est. Annual Taxes

$279

Year Built

Built in 1983

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Ski Country
  • Above Grade Finished Sq Ft: 357.0
  • Architectural Style: A-Frame
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1983
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 828-254-7253
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Cooktop, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: None
  • Living Area: 357.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association Fee: 132.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1858209120120000703
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 279.0
  • Tax Book Number: 501/2118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Sep 27, 2023
Sold by
Kirby John C and Kirby Dana
Bought by
Kiessling Steven and Kiessling Brittany
Seller's Agent
Tyler Coon
EXP Realty LLC
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$185,000
Sold Price
$185,000
Views
457
Current Estimated Value
$179,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,465
Avg. Annual Appreciation
0.77%
Original Mortgage
$138,750
Outstanding Balance
$136,690
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$50,927

Purchase Details

Closed on
Jul 31, 2019
Sold by
Ba And K 1 Real Estate Investment Llc
Bought by
Kirby John

Purchase Details

Closed on
Jul 28, 2016
Sold by
Sobolik Carol Jean
Bought by
B&Ki Real Estate Investment Llc

Purchase Details

Closed on
Oct 29, 2010
Sold by
Franklin C Merrill and Franklin Margaret S
Bought by
Sobolik Carol Jean
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
Kiessling Steven $185,000 None Listed On Document
Kirby John $62,500 None Available
B&Ki Real Estate Investment Llc $27,000 Attorney
Sobolik Carol Jean $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiessling Steven $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $185,000 0.0% $518 / Sq Ft
06/04/2023 06/04/23 For Sale $185,000 -- $518 / 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 $279 $65,500 $0 $65,500
2022 $279 $65,500 $0 $65,500
2021 $150 $25,800 $5,000 $20,800
2020 $150 $25,800 $5,000 $20,800
2019 $150 $25,800 $5,000 $20,800
2018 $151 $25,800 $5,000 $20,800
2017 $131 $22,500 $0 $0
2016 $113 $22,500 $0 $0
2015 $113 $22,500 $3,000 $19,500
Source: Public Records

Agents Affiliated with this Home

  • Tyler Coon

    Seller's Agent in 2023

    Tyler Coon

    EXP Realty LLC

    (828) 620-2541

    16 in this area

    308 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    NONMLS MEMBER

    NONMLS

    166 in this area

    2,467 Total Sales

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 243860

High Country Association of REALTORS®

APN: 1858-20-91-2012-00007-03

North Carolina Avery County Banner Elk 28604

40 Hemlock Hill Rd Unit C, Banner Elk, NC

This home is located at 40 Hemlock Hill Rd Unit C, Banner Elk, NC 28604 since 02 June 2023 and is currently estimated at $179,755, approximately $503 per square foot. This property was built in 1983. 40 Hemlock Hill Rd Unit C is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery 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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