S
Seller's Agent in 2023
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
(828) 260-2929
35 in this area
84 Total Sales
500 Laurel Ridge Ln Unit B-4 Banner Elk, NC 28604
Estimated Value: $719,000 - $783,918
2
Beds
2
Baths
1,497
Sq Ft
$1,087/mo
HOA Fee
Highlights
- Golf Course Community
- Equestrian Center
- 24-Hour Security
- Banner Elk Elementary School Rated A-
- Fitness Center
- Golf Course View
About This Home
As of November 2023Discover the ultimate mountain retreat at this exceptional two-bedroom, two-bath condominium in the coveted Elk River Club. Boasting breathtaking views and unparalleled access to amenities, this property offers a lifestyle of luxury and convenience. Perched amid the serene beauty of the Blue Ridge Mountains, this condominium captures the essence of mountain living while providing modern comfort. The open concept living space is bathed in natural light, thanks to large windows that frame panoramic vistas of the surrounding landscape, while a stone fireplace adds warmth and character. The gourmet kitchen is equipped with high-end appliances, granite countertops and ample storage. The primary bedroom suite offers a private sanctuary, complete with its updated en-suite bath and stunning vistas. The second bedroom is equally comfortable and well appointed, ensuring a comfortable haven for guests. Step onto the balcony to experience a connection with nature. Savor your morning coffee as the mist rises from the valleys, or relish in the tranquility of evenings under a starlit sky. The beauty of Elk River Club's landscape is at your doorstep, inviting you to explore the lush trails, enjoy a game of golf or take a dip in the club's pool. Convenience is key, and this condominium’s location strikes the perfect balance. Proximity to the club's amenities means you're just moments from leisure and entertainment. Whether it's a round of golf, a tennis match or a social event at the clubhouse, the options are endless. In summary, this two-bedroom, two-bath condominium in Elk River Club presents a rare opportunity to own a mountain haven with remarkable views and convenient access to top-tier amenities. Immerse yourself in the tranquility of the Blue Ridge Mountains, all while indulging in the comforts of a wonderful condominium designed for relaxation and leisure. *Elk River Club amenities are offered to members at an additional cost and separate from POA fees.
Last Agent to Sell the Property
Premier Sotheby's International Realty- Banner Elk Brokerage Phone: 828-898-5022 Listed on: 08/29/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,166
Year Built
- Built in 1986
Lot Details
- 4.83
HOA Fees
- $1,087 Monthly HOA Fees
Parking
- No Garage
Property Views
- Golf Course
- Mountain
Home Design
- Mountain Architecture
- Wood Frame Construction
- Shake Roof
- Wood Roof
- Wood Siding
Interior Spaces
- 1,497 Sq Ft Home
- 1-Story Property
- Stone Fireplace
- Gas Fireplace
- Window Treatments
- Crawl Space
- Attic
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- Central Air
- Heat Pump System
- High Speed Internet
- Cable TV Available
Additional Features
- Stream or River on Lot
- Property fronts a private road
- Equestrian Center
Listing and Financial Details
- Assessor Parcel Number 1848-00-47-4318-00002-04
Community Details
Overview
- Private Membership Available
- Elk River Subdivision
Recreation
- Golf Course Community
- Tennis Courts
- Fitness Center
- Community Pool
Additional Features
- Clubhouse
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2024
Sold by
Mark A Eden Revocable Trust and Eden Mark A
Bought by
Rogers Jean and Rogers Eric
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$608,149
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$148,831
Purchase Details
Listed on
Aug 29, 2023
Closed on
Oct 30, 2023
Sold by
Laurel Hunt Revocable Trust
Bought by
Mark A Eden Revocable Trust and Eden
Seller's Agent
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Shannon Andrews
Peak Real Estate Llc
List Price
$675,000
Sold Price
$725,000
Premium/Discount to List
$50,000
7.41%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Purchase Details
Listed on
May 26, 2021
Closed on
Jul 9, 2021
Sold by
Elk River Holdings Llc
Bought by
Laurel Hunt Revocable Trust
Seller's Agent
Seth Herndon
Engel & Volkers Banner Elk
Buyer's Agent
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
List Price
$570,000
Sold Price
$570,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Purchase Details
Listed on
May 26, 2021
Closed on
Jul 8, 2021
Sold by
Brown James M and Brown Christine P
Bought by
The Laurel Hunt Revocable Trust
Seller's Agent
Seth Herndon
Engel & Volkers Banner Elk
Buyer's Agent
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
List Price
$570,000
Sold Price
$570,000
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rogers Jean | $775,000 | None Listed On Document | |
| Mark A Eden Revocable Trust | $725,000 | None Listed On Document | |
| Laurel Hunt Revocable Trust | -- | None Listed On Document | |
| The Laurel Hunt Revocable Trust | $570,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rogers Jean | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $725,000 | +7.4% | $484 / Sq Ft | |
| 09/06/2023 09/06/23 | Pending | -- | -- | -- | |
| 08/29/2023 08/29/23 | For Sale | $675,000 | +18.4% | $451 / Sq Ft | |
| 07/09/2021 07/09/21 | Sold | $570,000 | 0.0% | $381 / Sq Ft | View Prior Sale |
| 06/09/2021 06/09/21 | Pending | -- | -- | -- | |
| 05/26/2021 05/26/21 | For Sale | $570,000 | -- | $381 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $2,166 | $541,500 | -- | $541,500 |
| 2023 | $2,166 | $541,500 | $0 | $541,500 |
| 2022 | $2,166 | $541,500 | $0 | $541,500 |
| 2021 | $1,654 | $300,700 | $160,000 | $140,700 |
| 2020 | $1,654 | $300,700 | $160,000 | $140,700 |
| 2019 | $1,654 | $300,700 | $160,000 | $140,700 |
| 2018 | $1,654 | $300,700 | $160,000 | $140,700 |
| 2017 | $1,800 | $327,200 | $0 | $0 |
| 2016 | $1,463 | $327,200 | $0 | $0 |
| 2015 | $1,463 | $327,200 | $175,000 | $152,200 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Whitfield
-
Shannon Andrews
S
Buyer's Agent in 2023
Shannon Andrews
Peak Real Estate Llc
(828) 263-3936
1 in this area
13 Total Sales
-
S
Seller's Agent in 2021
Seth Herndon
Engel & Volkers Banner Elk
-
L
Seller Co-Listing Agent in 2021
Lisa Jones
Engel & Volkers Banner Elk
Map
Source: High Country Association of REALTORS®
MLS Number: 245517
APN: 1848-00-47-4318-00002-04
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.
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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