NOT LISTED FOR SALE

468 Elderberry Ridge Rd Unit A302 Beech Mountain, NC 28604

Estimated Value: $381,000 - $426,000

2 Beds
2 Baths
1,038 Sq Ft
$184/mo HOA Fee

Last Sold November 07, 2023

Last sale price $450,000 $434 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,460/month

40 Days on Market

Highlights

  • Ski Accessible
  • Mountain View
  • Mountain Architecture
  • Banner Elk Elementary School Rated A-
  • Vaulted Ceiling
  • Furnished

About This Home

As of November 2023

PHENOMENAL LONG RANGE VIEWS IN A GREAT LOCATION! Southern exposure at 5000 feet. Desirable Elderberry LOCATION. WALK to restaurants, Fred's General Store, dog park, sledding hill and the many town events. 7 minute drive to downtown Banner Elk. Minutes to Beech Mountain Resort. Open and bright with vaulted ceilings, spacious master, covered deck and propane fireplace.
Top floor unit with Grandfather views! Low county taxes only. Currently a successful rental property. Furnished and ready to occupy this outstanding mountain getaway.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Brokerage Phone: 828-737-3100 Listed on: 09/27/2023

Last Buyer's Agent

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Brokerage Phone: 828-737-3100 Listed on: 09/27/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 2002

Lot Details

  • 0.94

HOA Fees

  • $184 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Metal Roof
  • Modular or Manufactured Materials
  • Hardboard

Interior Spaces

  • 1,038 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway
  • Paved Parking

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Shared Well
  • Shared Septic

Additional Features

  • Covered Patio or Porch
  • Property fronts a private road

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-06-48-3318-00003-02

Community Details

Overview

  • Carolina North Subdivision

Recreation

  • Tennis Courts
  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,152

Year Built

Built in 2002

Lot Details

0

HOA Fees

$184 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Carolina North
  • Above Grade Finished Sq Ft: 1038.0
  • Architectural Style: Mountain
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2002
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 828-737-3100
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s)
  • Living Area: 1038.0
  • Stories: 1

Exterior Features

  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Modular/Prefab
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Paved, Private

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Skiing, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 552.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1859-06-48-3318-00003-02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1152.0
  • Tax Book Number: 574/2428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Richardt William F and Richardt Carol A
Bought by
Bullock Powell Alison and Bullock Eugene Powell
Current Estimated Value
$410,654

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 3, 2023
Sold by
Li Yixing and Li Eric
Bought by
Richardt William Frederick and Richardt Carol A
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.58%
Original Mortgage
$360,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2022
Sold by
Hope Abbott
Bought by
Li Yixing and Toepfer Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 10, 2021
Sold by
Messer Gary Conly and Messer Donna Shumate
Bought by
Abbott Hope
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
David London
London Realty Group LLC
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$239,200
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bullock Powell Alison $395,000 None Listed On Document
Richardt William Frederick $450,000 None Listed On Document
Li Yixing $387,000 Dustin N Stacy Pllc
Abbott Hope $299,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardt William Frederick $360,000
Previous Owner Li Yixing $342,000
Previous Owner Abbott Hope $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2023 11/07/23 Sold $450,000 -2.0% $434 / Sq Ft
09/27/2023 09/27/23 For Sale $459,000 +53.5% $442 / Sq Ft
07/19/2021 07/19/21 Sold $299,000 0.0% $287 / Sq Ft View Prior Sale
06/19/2021 06/19/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $299,000 -- $287 / 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 $1,152 $288,100 -- $288,100
2023 $1,152 $288,100 $0 $288,100
2022 $1,152 $288,100 $0 $288,100
2021 $799 $145,200 $50,000 $95,200
2020 $799 $145,200 $50,000 $95,200
2019 $799 $145,200 $50,000 $95,200
2018 $799 $145,200 $50,000 $95,200
2017 $930 $169,000 $0 $0
2016 $756 $169,000 $0 $0
2015 $756 $169,000 $70,000 $99,000
Source: Public Records

Agents Affiliated with this Home

  • Tracy Simms

    Seller's Agent in 2023

    Tracy Simms

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 898-7229

    50 in this area

    244 Total Sales

    Tracy Simms
    Section Image

  • D

    Buyer's Agent in 2021

    David London

    London Realty Group LLC

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 246028

High Country Association of REALTORS®

APN: 1859-06-48-3318-00003-02

North Carolina Avery County Beech Mountain 28604

468 Elderberry Ridge Rd Unit A302, Beech Mountain, NC

This home is located at 468 Elderberry Ridge Rd Unit A302, Beech Mountain, NC 28604 since 27 September 2023 and is currently estimated at $410,654, approximately $395 per square foot. This property was built in 2002. 468 Elderberry Ridge Rd Unit A302 is a home located in Avery County with nearby schools including Banner Elk Elementary School and Cranberry Middle 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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