NOT LISTED FOR SALE

440 Indian Paintbrush Dr Unit R1611 Banner Elk, NC 28604

Estimated Value: $576,050 - $634,000

2 Beds
2 Baths
1,207 Sq Ft
$358/mo HOA Fee

Last Sold June 15, 2018

Last sale price $254,500 $211 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,667/month

41 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Mountain Architecture
  • Valle Crucis Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of June 2018

Gorgeous upgrades and a spectacular view in this 2BR/2BA Echota on the Ridge Wintergreen condo. The luxury kitchen features stainless Viking appliances, granite countertops and custom cabinetry to the ceilings. Hand-scraped hardwood floors are in the entry, kitchen, living and dining room along with custom lighting and upgraded fixtures. The living room has a stacked stone gas fireplace and access to the spacious covered deck to take in the views. Being offered partially furnished, this home is ready for you to enjoy! 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: 04/04/2018

Last Buyer's Agent

Jay Harrill

Foscoe Realty & Development

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 2008

Lot Details

  • Property fronts a private road

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 1,207 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School

Utilities

  • Cooling Available
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1879-90-9296-001

Community Details

Overview

  • Echota Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,096

Year Built

Built in 2008

Lot Details

0

HOA Fees

$358 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: 1207.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2008
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1207.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • 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
  • Utilities: Cable Available, High Speed Internet Available, Water Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Pool
  • Association Fee: 1075.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1879-90-9296-001
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1096.37
  • Tax Book Number: 1797/70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 8, 2018
Sold by
Newsom Randy A and Newsom Vicki L
Bought by
Wilshire Gregory B and Wilshire Melinda M
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
Jay Harrill
Foscoe Realty & Development
List Price
$254,500
Sold Price
$254,500
Current Estimated Value
$602,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,013
Avg. Annual Appreciation
12.16%
Original Mortgage
$229,050
Outstanding Balance
$197,705
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$404,808

Purchase Details

Closed on
Mar 18, 2014
Sold by
Andrews Dennis G and Andrews Janet Rhyne
Bought by
Newsom Randy A and Newsom Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2008
Sold by
Edcotr Inc
Bought by
Andews Dennis G and Andews Janet Rhyne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilshire Gregory B $255,000 None Available
Newsom Randy A $220,000 None Available
Andews Dennis G $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilshire Gregory B $229,050
Previous Owner Newsom Randy A $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $254,500 0.0% $211 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $254,500 +15.7% $211 / Sq Ft
03/27/2015 03/27/15 Sold $220,000 0.0% $183 / Sq Ft View Prior Sale
02/25/2015 02/25/15 Pending -- -- --
08/14/2014 08/14/14 For Sale $220,000 -- $183 / 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 $1,713 $440,800 $75,000 $365,800
2024 $1,713 $437,600 $75,000 $362,600
2023 $1,690 $437,600 $75,000 $362,600
2022 $1,690 $437,600 $75,000 $362,600
2021 $1,222 $252,200 $75,000 $177,200
2020 $1,222 $252,200 $75,000 $177,200
2019 $1,222 $252,200 $75,000 $177,200
2018 $1,096 $252,200 $75,000 $177,200
2017 $1,096 $252,200 $75,000 $177,200
2013 -- $247,900 $75,000 $172,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 206463

High Country Association of REALTORS®

APN: 1879-90-9296-001