NOT LISTED FOR SALE

401 Ridge Haven Pkwy Unit Redwood 1 Banner Elk, NC 28604

Estimated Value: $997,000 - $1,298,745

5 Beds
4.5 Baths
3,676 Sq Ft
$327/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $715,000 $195 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,114/month

406 Days on Market

Highlights

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

About This Home

As of September 2015

Stunning and exquisite detached single family home at Echota On The Ridge. Rarely are these Redwood homes for sale and this one is a have to see. Professionally decorated by Diane Davant and being offered furnished. Soaring vaulted ceiling in living room with tongue and groove ceiling and customized touches in every corner from copper vanities to the wood banisters and the wood kitchen island. Large Master suite on first level with walk in closet and beautiful tiled bathroom featuring double sinks, walk in shower, and garden tub. Kitchen has exquisite granite countertops, stainless steel appliances and custom cabinet storage for miles. This 5 bedroom showplace is located in walking distance to the famous Echota On The Ridge outdoor pool. Ownership in Echota includes access to all amenities including two spectacular clubhouses with indoor/outdoor pools, workout facilities, hiking trails, Watauga River frontage, covered pavilion for entertaining and grilling, croquet court, bocce courts and putting green and all located close to everything the high country has to offer!

Last Agent to Sell the Property

Team Echota

Foscoe Realty & Development Listed on: 06/25/2014

Last Buyer's Agent

Jay Harrill

Foscoe Realty & Development

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 2008

Lot Details

  • Home fronts a pond
  • Property fronts a private road
  • Southern Exposure
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $447 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Concrete Siding

Interior Spaces

  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Finished Basement

Kitchen

  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1889115870000

Community Details

Overview

  • Echota Subdivision
  • Community Lake

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,555

Year Built

Built in 2008

Lot Details

0

HOA Fees

$447 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Echota
  • Above Grade Finished Sq Ft: 2306.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave Hood Fan, Microwave
  • Has Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1370.0
  • Fireplace Features: Gas, Stone, Propane
  • Fireplace: Yes
  • Living Area: 3676.0
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Community
  • View: Mountain(s), Southern Exposure
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Concrete
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, Water Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake, Pool, River, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1342.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1889115870000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2555.0
  • Tax Book Number: 1410/114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2019
Sold by
Elmore John Howard and Elmore Cindy Lou
Bought by
Eagle Property Development Llc
Current Estimated Value
$1,352,308

Purchase Details

Closed on
Jan 12, 2019
Sold by
Elmore John H and Elmore Cindy L
Bought by
Elmore John Howard and Elmore Cindy Lou

Purchase Details

Closed on
Oct 19, 2018
Sold by
Murray Charles V
Bought by
Elmore John H and Elmore Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2014
Closed on
Sep 2, 2015
Sold by
Summerford Harold and Summerford Paulette
Bought by
Murray Charles V
Seller's Agent
Team Echota
Foscoe Realty & Development
Buyer's Agent
Jay Harrill
Foscoe Realty & Development
List Price
$715,000
Sold Price
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$500,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2010
Sold by
Wiley Charles Mark and Wiley Jodi R
Bought by
Summerford Harold and Summerford Paulette

Purchase Details

Closed on
Nov 17, 2008
Sold by
Edcotr Inc
Bought by
Wiley Charles Mark and Wiley Jodi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.11%
Mortgage Type
New Conventional
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
Eagle Property Development Llc -- None Available
Elmore John Howard -- None Available
Elmore John H $788,000 None Available
Murray Charles V $715,000 Attorney
Summerford Harold $750,000 --
Wiley Charles Mark $660,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elmore John H $453,000
Previous Owner Murray Charles V $500,000
Previous Owner Wiley Charles Mark $400,000
Previous Owner Wiley Charles Mark $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $715,000 0.0% $195 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
06/25/2014 06/25/14 For Sale $715,000 -- $195 / 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 $3,156 $992,400 $75,000 $917,400
2023 $3,732 $992,400 $75,000 $917,400
2022 $3,732 $992,400 $75,000 $917,400
2021 $2,353 $501,700 $75,000 $426,700
2020 $2,353 $501,700 $75,000 $426,700
2019 $2,353 $501,700 $75,000 $426,700
2018 $2,079 $496,100 $75,000 $421,100
2017 $2,079 $496,100 $75,000 $421,100
2013 -- $679,800 $75,000 $604,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Team Echota

    Foscoe Realty & Development

  • J

    Buyer's Agent in 2015

    Jay Harrill

    Foscoe Realty & Development

    (828) 773-2177

    4 in this area

    27 Total Sales

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Map

Source: High Country Association of REALTORS®

MLS Number: 186031

High Country Association of REALTORS®

APN: 1889-11-5870-000

North Carolina Watauga County Banner Elk 28604

401 Ridge Haven Pkwy Unit Redwood 1, Banner Elk, NC

This home is located at 401 Ridge Haven Pkwy Unit Redwood 1, Banner Elk, NC 28604 since 25 June 2014 and is currently estimated at $1,202,186, approximately $327 per square foot. This property was built in 2008. 401 Ridge Haven Pkwy Unit Redwood 1 is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

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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