NOT LISTED FOR SALE

520 Penny Ln Unit 1A Banner Elk, NC 28604

2 Beds
2 Baths
1,572 Sq Ft
$151/mo HOA Fee

Last Sold August 13, 2021

Last sale price $461,000 $293 Per Sq Ft

Highlights

  • Mountain View
  • Mountain Architecture
  • Double Pane Windows
  • Banner Elk Elementary School Rated A-
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Expansive mountain views from this level-entry condominium only minutes to Banner Elk or Beech Mountain. Get away from the beaten path. Relax on the covered deck, complete with a built-in outdoor gas grill. Savor each of the four seasons with vibrant fall colors, glistening winter snow, spring green renewal and cool summer breezes in The Vistas of Banner Elk, a pet-friendly community. Relax by the stone, natural gas fireplace, prepare meals in a well-appointed kitchen, wake up to the stunning view. Recharge in place, rest awhile, enjoy watching deer, turkeys, hawks, groundhogs, chipmunks, hummingbirds and the drifting clouds. Go out to enjoy fine dining, music, hiking, biking, cultural events, shopping or local attractions. Twenty minutes to Avery County YMCA, Cannon Memorial Hospital and Watauga Medical Center. Please note 30-day minimum nightly rental. Low utility bills as a result of high-end building materials.

Last Agent to Sell the Property

Judy Nye

Premier Sotheby's International Realty- Banner Elk Listed on: 06/28/2021

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Amy Pepin

Premier Sotheby's International Realty- Banner Elk

Premier Sotheby's International Realty- Banner Elk

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 2016

HOA Fees

  • $151 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Schools

  • Banner Elk Elementary School
  • Cranberry Middle School
  • Avery County High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Property fronts a private road

Community Details

  • The Vistas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1859-13-03-5412-00011-01

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,664

Year Built

Built in 2016

Lot Details

0

HOA Fees

$151 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: 1572.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2016
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone, Vented, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1572.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Hardboard, Shake Siding, Stone Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1815.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Cranberry

Lot Info

  • Parcel #: 1859-13-03-5412-00011-01
  • Zoning Description: City,Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3664.0
  • Tax Book Number: 537/1499

Range of Values:

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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
08/13/2021 08/13/21 Sold $461,000 0.0% $293 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $461,000 -- $293 / Sq Ft
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 231478

High Country Association of REALTORS®