NOT LISTED FOR SALE

500 Indian Paintbrush Dr Unit RM-4 Banner Elk, NC 28604

Estimated Value: $704,000 - $774,000

3 Beds
3 Baths
1,669 Sq Ft
$483/mo HOA Fee

Last Sold April 24, 2019

Last sale price $382,500 $229 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,558/month

144 Days on Market

Highlights

  • River Access
  • Fitness Center
  • Gated Community
  • Valle Crucis Elementary School Rated A-
  • Home fronts a pond
  • Mountain View

About This Home

As of April 2019

Immaculate entry-level Grand Oaks at Echota on the Ridge with spectacular long-range layered view. This 3BR/3BA condo is being offered fully furnished and has been exceptionally well-maintained. Upgrades include hardwood floors throughout the main living area, granite countertops, stacked stone gas fireplace and a built-in cabinet to the right of the fireplace. The spacious master suite has a walk-in closet, double vanity, soaking tub and walk-in shower. Both guest bedrooms have their own bathroom making it perfect for family and friends.

Last Agent to Sell the Property

Leah Grove

Foscoe Realty & Development Listed on: 11/01/2018

Last Buyer's Agent

Emily Bish

Foscoe Realty & Development

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 2007

Lot Details

  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 1,669 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access

Schools

  • Valle Crucis Elementary School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1879-90-7159-010

Community Details

Overview

  • Echota Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,520

Year Built

Built in 2007

Lot Details

0

HOA Fees

$483 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: 1669.0
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2007
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1669.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: River Access, Pond
  • 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, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Pool
  • Association Fee: 1450.0
  • Association Fee Frequency: Quarterly
  • Association: No

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1879-90-7159-010
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1519.52
  • Tax Book Number: 1656/259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Apr 18, 2019
Sold by
Burrows John F and Burrows Cheryl A
Bought by
Trexler Kenneth A and Trexler Janet
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
Emily Bish
Foscoe Realty & Development
List Price
$382,500
Sold Price
$382,500
Current Estimated Value
$747,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,182
Avg. Annual Appreciation
10.72%

Purchase Details

Listed on
Aug 8, 2012
Closed on
Sep 10, 2012
Sold by
Woltjen Barbara R and Woltjen John W
Bought by
Burrows John F and Burrows Cheryl A
List Price
$402,500
Sold Price
$402,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trexler Kenneth A $382,500 None Available
Burrows John F $402,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2019 04/24/19 Sold $382,500 0.0% $229 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $382,500 -5.0% $229 / Sq Ft
09/21/2012 09/21/12 Sold $402,500 0.0% $241 / Sq Ft View Prior Sale
08/22/2012 08/22/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $402,500 -- $241 / 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 $1,603 $504,200 $75,000 $429,200
2023 $1,935 $504,200 $75,000 $429,200
2022 $1,935 $504,200 $75,000 $429,200
2021 $0 $357,200 $75,000 $282,200
2020 $1,698 $357,200 $75,000 $282,200
2019 $1,698 $357,200 $75,000 $282,200
2018 $1,520 $357,200 $75,000 $282,200
2017 $1,520 $357,200 $75,000 $282,200
2013 -- $349,000 $75,000 $274,000
Source: Public Records

Agents Affiliated with this Home

  • Leah Grove

    Seller's Agent in 2019

    Leah Grove

    Foscoe Realty & Development

    (828) 406-3690

    72 in this area

    166 Total Sales

    Leah Grove
    Section Image
  • Emily Bish

    Buyer's Agent in 2019

    Emily Bish

    Foscoe Realty & Development

    (800) 333-7601

    17 in this area

    41 Total Sales

    Emily Bish
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 214027

High Country Association of REALTORS®

APN: 1879-90-7159-010

North Carolina Watauga County Banner Elk 28604

500 Indian Paintbrush Dr Unit RM-4, Banner Elk, NC

Not Listed for Sale

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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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