NOT LISTED FOR SALE

496 Laurel Ridge Rd Banner Elk, NC 28604

Estimated Value: $293,630 - $336,000

2 Beds
2 Baths
1,080 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $300,000 $278 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,860/month

47 Days on Market

Highlights

  • Chalet
  • Wood Burning Stove
  • Community Pool
  • Valle Crucis Elementary School Rated A-
  • Furnished
  • Tennis Courts

About This Home

As of September 2023

THIS MOUNTAIN CHALET CAN BE YOUR SPECIAL GETAWAY! And it comes with THREE additional lots!!! This home features 2 bedrooms and 2 baths, PLUS a bunk bed area. And there's room to expand with the three additional lots, or just keep them as a buffer! Enjoy building toasty fires in the woodstoves. Ahhh... the romantic ambiance!! Large open back deck. One low HOA fee of only $165/month includes water and sewer, what a deal!!! Mill Ridge Subdivision is located in the cool mountains of North Carolina between Boone and Banner Elk, a family friendly mountain community with an outdoor heated swimming pool and tennis courts. County taxes ONLY!!!! House needs a bit of TLC.

Last Agent to Sell the Property

Robyn Edsall

Keller Williams High Country Brokerage Phone: (828) 898-3111 Listed on: 08/04/2023

Keller Williams High Country

Co-Listed By

Jim Edsall

Keller Williams High Country Brokerage Phone: (828) 898-3111

Last Buyer's Agent

Lori Bryan

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $952

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Chalet
  • Mountain Architecture
  • Geodesic or Dome Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Burning Stove
  • Free Standing Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Space Heater
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot D-18, D-20, F-20, D-
  • Assessor Parcel Number 1888-05-2873-000

Community Details

Overview

  • Mill Ridge Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$952

Year Built

Built in 1973

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Phone: (828) 898-3111
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 673.0
  • Architectural Style: Chalet/Alpine, Dome/Geodesic, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 898-3111
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 407.0
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1080.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Space Heater, Wood Stove, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Pool, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1888-05-2873-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 952.0
  • Tax Book Number: 1025/810
  • Tax Lot: D-18, D-20, F-20, D-

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $300,000 +0.3% $278 / Sq Ft
08/04/2023 08/04/23 For Sale $299,000 -- $277 / Sq Ft
Source: High Country Association of REALTORS®

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 $833 $198,300 $12,400 $185,900
2024 $8 $198,300 $12,400 $185,900
2023 $810 $198,300 $12,400 $185,900
2022 $810 $198,300 $12,400 $185,900
2021 $608 $116,500 $12,500 $104,000
2020 $608 $116,500 $12,500 $104,000
2019 $608 $116,500 $12,500 $104,000
2018 $550 $116,500 $12,500 $104,000
2017 $550 $116,500 $12,500 $104,000
2013 -- $115,800 $10,000 $105,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 245060

High Country Association of REALTORS®

APN: 1888-05-2873-000