$270,000
SOLD FEB 3, 2025

460 Laurel Ridge Rd Banner Elk, NC 28604

2 Beds
2.5 Baths
850 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$318 Per Sq Ft

8% Below List Price

74 Days on Market

Highlights

  • Deck
  • Cottage
  • Baseboard Heating
  • Valle Crucis Elementary School Rated A-
  • Laundry Room
  • Wood Siding

About This Home

As of February 2025

Nestled in the picturesque Mill Ridge community, this charming 2-bedroom, 2.5-bathroom cottage offers the perfect blend of comfort and convenience. Just 10 minutes to Boone and 15 minutes to Blowing Rock and Banner Elk, this home is perfectly located for all the High Country has to offer! Thoughtfully maintained and fully furnished, this cozy home has been used as a second home getaway since 2008. The main level boasts updated flooring, adding a touch of modern elegance to the warm, inviting interior. Located just minutes from Boone, Blowing Rock, and Banner Elk, you'll enjoy easy access to the best of the High Country. The walkable community features an array of amenities, including an outdoor pool and tennis courts, with additional options for simply relaxing in a serene environment. Whether you're looking for a tranquil getaway or a charming full-time residence, this quaint Mill Ridge cottage is an exceptional opportunity.

Last Agent to Sell the Property

Lisa Holmes

Blue Ridge Realty & Investments Brokerage Email: lholmes@brri.net License #101474 Listed on: 09/19/2024

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $912

Year Built

  • Built in 1985

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Electric Cooktop
  • Finished Basement

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Valle Crucis Elementary School

Utilities

  • Baseboard Heating
  • Community Well
  • Shared Septic

Community Details

  • Mill Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1888-05-4894-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$912

Year Built

Built in 1985

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1985
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 317.65
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: lholmes@brri.net
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 408
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 172
  • Appliances: Dryer, Electric Cooktop, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 580
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 270
  • Fireplace Features: Wood Burning
  • Living Area: 850
  • Bedroom Main: 0
  • Room Count: 9
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Shared Septic
  • Laundry Features: In Bathroom
  • Cooling: Other - See Remarks, None
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2100.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Parcel Number: 1888-05-4894-000
  • Zoning: R
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Valle Crucis
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Jan 2, 2025
Sold by
Porras Jose A and Porras Milagros C
Bought by
Wathan Dustin J
Seller's Agent
Lisa Holmes
Blue Ridge Realty & Investments
Buyer's Agent
Non Member
Canopy Administration
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Views
246
Current Estimated Value
$275,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,766
Avg. Annual Appreciation
5.75%
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Warranty Deed $270,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $270,000 -8.2% $318 / Sq Ft
12/05/2024 12/05/24 Price Changed $294,000 -0.3% $346 / Sq Ft
09/19/2024 09/19/24 For Sale $295,000 -- $347 / 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
2024 $912 $220,000 $12,400 $207,600
2023 $890 $220,000 $12,400 $207,600
2022 $890 $220,000 $12,400 $207,600
2021 $0 $135,900 $12,500 $123,400
2020 $696 $135,900 $12,500 $123,400
2019 $696 $135,900 $12,500 $123,400
2018 $628 $135,900 $12,500 $123,400
2017 $628 $135,900 $12,500 $123,400
2013 -- $128,000 $10,000 $118,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4184874

Canopy MLS (Canopy Realtor® Association)

APN: 1888-05-4894-000