NOT LISTED FOR SALE

494 Penny Ln Unit 2-B Banner Elk, NC 28604

3 Beds
3 Baths
1,975 Sq Ft
$133/mo HOA Fee

Last Sold August 27, 2021

Last sale price $540,000 $273 Per Sq Ft

1 Day on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Elevator

About This Home

As of August 2021

HAVE IT ALL !!! An immaculate luxury condominium with amazing views, huge covered deck w/built-in stainless gas grill, top floor location w/ elevator, a few minutes to town, cool temperatures without going up the mountain, natural gas, quality construction w/soundproofing and low POA fees! These condos were built for the mountain lifestyle! Life on the deck is the way we roll up here and this is the only condo complex that is designed to allow you to grill on your deck. The first floor has two bedrooms, two full bathrooms, walk-in closet in the master, laundry room with cabinets and pedestals for the washer/dryer, kitchen, dining, living room and foyer. Upstairs is a loft/bedroom with walk-in closet and full bathroom. Only a five minutes drive to Banner Elk for fine and casual dining, music, white water rafting opportunities, cultural events and more. Or, drive five more minutes for skiing, golf, tennis and too many other winter & summer activities to list. Livingroom photos with furnishings are virtually staged. This development does not allow short term rentals and there is a 30-day minimum.

Last Agent to Sell the Property

Kim Hyatt

Bear Real Estate Listed on: 07/26/2021

Last Buyer's Agent

MTN Mike Goldstein

Mountain Mike Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 2015

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Stone Veneer

Interior Spaces

  • 1,975 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • ENERGY STAR Qualified Appliances
  • Property fronts a private road

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 18591303541200010-04

Community Details

Overview

  • The Vistas Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,160

Year Built

Built in 2015

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Vistas
  • Above Grade Finished Sq Ft: 1975.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built: 2015
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer, ENERGY STAR Qualified Appliances
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Vented, Gas
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Window Treatments
  • Living Area: 1975.0
  • Stories: 2
  • Window Features: Double Pane Windows, Window Treatments

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Fiber Cement, Frame, Stone Veneer
  • Exterior Features: Elevator, Outdoor Grill, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Green Building Features: Elevator(s)
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 1600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 18591303541200010-04
  • Zoning Description: City,Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2160.0
  • Tax Book Number: 508/1329

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

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $540,000 0.0% $273 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $540,000 -- $273 / Sq Ft
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kim Hyatt

    Bear Real Estate

    (828) 260-5338

    14 in this area

    62 Total Sales

    Section Image
  • MTN Mike Goldstein

    Buyer's Agent in 2021

    MTN Mike Goldstein

    Mountain Mike Realty

    (828) 387-6687

    5 in this area

    56 Total Sales

    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 231835

High Country Association of REALTORS®

North Carolina Avery County Banner Elk 28604

494 Penny Ln Unit 2-B, Banner Elk, NC

This home is located at 494 Penny Ln Unit 2-B, Banner Elk, NC 28604 since 26 July 2021. This property was built in 2015. 494 Penny Ln Unit 2-B is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Grandfather Academy.

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.

Nearby Homes