$475,000
SOLD DEC 1, 2021

40 Ollis Ridge Ln Elk Park, NC 28622

3 Beds
3.5 Baths
2,910 Sq Ft
0.41 Acres

Recently Sold

$163 Per Sq Ft

3 Days on Market

Highlights

  • Spa
  • Private Lot
  • Fireplace
  • Open Floorplan
  • Wood Flooring
  • Attached Garage

About This Home

As of December 2021

**40 Ollis Ridge Ln**

Enjoy breath-taking mountain views of Roan-Unaka Mountains from this gorgeous home in Elk Park!

Perfect family home or vacation home! Tucked away in a rhododendron forest this spacious, open concept home includes three finished levels w/ 3 large bedrooms and 3 private bathrooms, all with large closets. Additional bonus space downstairs - rec room and additional room with a closet. Relax on the covered porches any time of year!

Attached 2-car garage. New metal roof. Covered back porch is new as is the Caldera hot tub. Beautiful waterfall, stream & pond nearby!

10 minutes to Roan Mountain State Park. 15 minutes to downtown Banner Elk. 15 min to Watauga Lake. 20 minutes to the ski slopes. And only a short distance from the Appalachian Trail.

Do not miss this one!!

**Buyer’s Agents - Please contact listing agent for additional information as well as access info.**

Last Agent to Sell the Property

Jessica Wynne Vogel

Carolinas Advantage Real Estate License #276730 Listed on: 10/06/2021

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Private Lot
  • Many Trees

Parking

  • Attached Garage
  • Gravel Driveway

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Additional Features

  • Spa
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1819-00-74-5533-00000

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1158536.59
  • Ratio Current Price By Sq Ft: 163.23
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 900
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Dishwasher, Refrigerator, Wall Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Garden Tub, Hot Tub, Kitchen Island, Open Floorplan, Vaulted Ceiling
  • Laundry Location: Upper, Utility Room
  • Room Count: 3
  • Sq Ft Additional: 794
  • Sq Ft Basement: 780
  • Main Level Sq Ft: 1230
  • Total Sq Ft: 2910
  • Sq Ft Unheated Basement: 630
  • Sq Ft Unheated Total: 630

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Hot Tub

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Basement, Garage - 2 Car

Utilities

  • Heating: Oil Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Trees, Views
  • Lot Size Area: 0.410
  • Parcel Number: 1819-00-74-5533-00000
  • Zoning Specification: RES

Tax Info

  • Tax Value: 218200.00
  • Tax Location: Elk Park

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 1, 2021
Sold by
Gates Michael Andrew and Gates Sarah Emily
Bought by
Gibbs Camille Atkinson
Seller's Agent
Jessica Wynne Vogel
Carolinas Advantage Real Estate
Buyer's Agent
Non Member
Canopy Administration
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$380,000
Outstanding Balance
$351,558
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$278,045

Purchase Details

Listed on
Apr 2, 2012
Closed on
Sep 8, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gates Michael Andrew and Gates Sarah Emily
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$164,000
Sold Price
$164,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%
Original Mortgage
$169,897
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2011
Sold by
U S Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 3, 2011
Sold by
Painter Andrew and Painter Jeannie
Bought by
U S Bank N A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $475,000 None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Quit Claim Deed -- None Available
Trustee Deed $229,281 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Previous Owner $210,050 New Conventional
Previous Owner $22,000 Unknown
Previous Owner $169,897 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $13,264 Unknown
Previous Owner $220,000 New Conventional
Previous Owner $41,459 Unknown
Previous Owner $179,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $649,900 -3.7% $187 / Sq Ft
06/09/2025 06/09/25 For Sale $675,000 +42.1% $195 / Sq Ft
12/01/2021 12/01/21 Sold $475,000 0.0% $163 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $475,000 +189.6% $163 / Sq Ft
09/27/2012 09/27/12 Sold $164,000 0.0% $56 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $164,000 -- $56 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,900 $474,900 $4,500 $470,400
2022 $0 $474,900 $4,500 $470,400
2021 $1,200 $218,200 $3,400 $214,800
2020 $1,200 $218,200 $3,400 $214,800
2019 $1,200 $218,200 $3,400 $214,800
2018 $1,200 $218,200 $3,400 $214,800
2017 $1,251 $227,400 $0 $0
2016 $1,017 $227,400 $0 $0
2015 $1,017 $227,400 $3,400 $224,000
2012 -- $316,300 $4,500 $311,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3793663

Canopy MLS (Canopy Realtor® Association)

APN: 1819-00-74-5533-00000