NOT LISTED FOR SALE

425 Adams Apple Dr Unit 4 Banner Elk, NC 28604

Estimated Value: $226,000 - $293,000

3 Beds
2 Baths
1,025 Sq Ft
$129/mo HOA Fee

Last Sold November 15, 2018

Last sale price $111,000 $108 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,557/month

5 Days on Market

Highlights

  • River View
  • Wooded Lot
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Double Pane Windows

About This Home

As of November 2018

Exceptional townhome location overlooking a rushing mountain stream, which borders Nature Conservancy land. This townhome is located in such a wonderful setting, tucked away in the woods; However, close to everything. This location is unbelievable for the outdoor enthusiast who might also like to be close (minutes away) to hiking, skiing, mountain biking, and golf. It is also perfect for someone who enjoys the luxury of convenience (minutes from Banner Elk, and a short drive to Boone and Blowing Rock), but also privacy. This lovely 3 bedroom, 2 bath townhome features main level living with an open concept, spacious master suite on the main level, wood floors, and open and covered decking. The wood floors, updated bathrooms, fresh paint, and oversized bedrooms are not to be overlooked. The magnificent views and sounds of the rushing stream are one of a kind and can be enjoyed from inside the unit or sitting on the various decks. This home is perfect for seasonal or year-round living.

Last Agent to Sell the Property

Sarah Whitfield

Premier Sotheby's International Realty- Banner Elk Listed on: 10/10/2018

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Zoe Schmidinger

The Summit Group Of The Carolinas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $259

Year Built

  • Built in 1969

Lot Details

  • Home fronts a stream
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $129 Monthly HOA Fees

Property Views

  • River
  • Trees
  • Mountain

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,025 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Banner Elk Elementary School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Adams Apple Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1867-02-75-0902-00004

Property Details

Home Type

Condominium

Est. Annual Taxes

$259

Year Built

Built in 1969

Lot Details

0

HOA Fees

$129 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Adams Apple
  • Above Grade Finished Sq Ft: 1025.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1969
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1025.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Mountain(s), River, Trees/Woods
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Storage, Gravel Driveway, Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Paved, Private, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Propane
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 129.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1867-02-75-0902-00004
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 259.05
  • Tax Book Number: 402/1565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 13, 2018
Sold by
Ledford Tiffiny V and Ledford Kevin E
Bought by
Mauney Gary R and Williams Sandra
Seller's Agent
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
List Price
$111,000
Sold Price
$111,000
Current Estimated Value
$263,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,975
Avg. Annual Appreciation
13.13%

Purchase Details

Closed on
Apr 24, 2006
Sold by
Ledford Tiffiny D and Ledford Kevin E
Bought by
Ledford Tiffiny D and Ledford Kevin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,650
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mauney Gary R $111,000 None Available
Ledford Tiffiny D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ledford Tiffiny D $75,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $111,000 0.0% $108 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $111,000 -- $108 / 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 $446 $111,600 -- $111,600
2023 $446 $111,600 $0 $111,600
2022 $446 $111,600 $0 $111,600
2021 $317 $57,600 $2,100 $55,500
2020 $317 $57,600 $2,100 $55,500
2019 $317 $57,600 $2,100 $55,500
2018 $304 $55,300 $2,100 $53,200
2017 $259 $47,100 $0 $0
2016 $211 $47,100 $0 $0
2015 $211 $47,100 $4,000 $43,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 210798

High Country Association of REALTORS®

APN: 1867-02-75-0902-00004