518 Indian Paintbrush Dr Banner Elk, NC 28604
Estimated Value: $704,000 - $774,000
Highlights
- River Front
- Home fronts a pond
- Mountain View
- Valle Crucis Elementary School Rated A-
- Gated Community
- Clubhouse
About This Home
As of January 2012Exceptional views of Valle Crucis and long range views of Tennessee's vistas are found from this spacious 3BR/3BA Echota on the Ridge Condo. This Grand Oaks condo is brand new w/ upgrades including: hardwood floors, carpet, stainless appliances, granite countertops, custom light fixtures, floor to ceiling stone FP, wooden blinds & custom cabinets. This condo also features single level living, generous 19 ft. wide covered deck, covered entry, large and spacious rooms, abundance of storage, views from every room, and much more. Elevator access is found within all Grand Oaks condo. Echota/Echota on the Ridge is also centrally located with easy access to shopping, dining, and entertainment of nearby Boone, Blowing Rock, Linville, & Banner Elk. Amenities include: Gated entrance, two private clubhouses, outdoor mountaintop swimming pool, indoor swimming pool, hot tubs, 2 state-of-the art fitness centers, walking and hiking trails, stocked fishing ponds, timber-framed picnic shelters, and a 25-acre riverfront park.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,603
Year Built
- Built in 2007
Lot Details
- Home fronts a pond
- River Front
- Southern Exposure
HOA Fees
- $92 Monthly HOA Fees
Home Design
- Mountain Architecture
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,665 Sq Ft Home
- Stone Fireplace
- Gas Fireplace
- Double Pane Windows
- Mountain Views
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- No Garage
- Private Parking
- Driveway
- Paved Parking
Outdoor Features
- Stream or River on Lot
- Covered Patio or Porch
Schools
- Valle Crucis Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Uses Wood
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1879905173009
Community Details
Overview
- Echota Subdivision
Recreation
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forward Properties Llc | $365,000 | None Available | |
| Magin Ii Gerald Edward | $305,000 | None Abiavle |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Magin Ii Gerald Edward | $228,750 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2012 01/06/12 | Sold | $305,000 | 0.0% | $183 / Sq Ft |
| 12/07/2011 12/07/11 | Pending | -- | -- | -- |
| 03/14/2011 03/14/11 | For Sale | $305,000 | -- | $183 / Sq Ft |
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 | $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 |
Map
Source: High Country Association of REALTORS®
MLS Number: 164999
APN: 1879-90-5173-009
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