NOT LISTED FOR SALE

524 Clubhouse Dr Banner Elk, NC 28604

Estimated Value: $379,631 - $422,000

2 Beds
2 Baths
1,418 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $196,000 $138 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,442/month

53 Days on Market

Highlights

  • Home fronts a pond
  • Views of Trees
  • Stream or River on Lot
  • Valle Crucis Elementary School Rated A-
  • Clubhouse
  • Wooded Lot

About This Home

As of September 2020

Cute cottage located in Mill Ridge. Mill Ridge offers many services. Among them are... a water and sewage system, garbage disposal facility, clubhouse and roads that are maintained by the association. Recreational facilities include a swimming pool, tennis courts, playground, basketball, volleyball, green ways with ponds and nature trails. Home has two bedrooms, two bathrooms and a loft that is currently being used as extra sleeping area. Open floor plan with beautiful stone fireplace for those cool evenings and a high ceiling in great room and dining area. Exceptional long and short term rental potential.

Last Agent to Sell the Property

Leigh Sasse

Peak Real Estate Llc Listed on: 06/12/2020

Last Buyer's Agent

Billie Rogers

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $930

Year Built

  • Built in 1985

Lot Details

  • 3,485 Sq Ft Lot
  • Home fronts a pond
  • Wooded Lot

HOA Fees

  • $165 Monthly HOA Fees

Property Views

  • Trees
  • Seasonal

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Stone Fireplace
  • Partially Finished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Stream or River on Lot
  • Open Patio

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1888-06-6193-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$930

Year Built

Built in 1985

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Other, See Remarks
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 1001.0
  • Architectural Style: Cottage
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 417.0
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1418.0
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • View: Seasonal View, Trees/Woods
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, River, Tennis Court(s), Trails/Paths, 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 #: 1888-06-6193-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 930.28
  • Tax Book Number: 1389/652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 2, 2020
Sold by
Seifert Robert and Seifert Rosemarie
Bought by
Kennedy Kerry and Kennedy Susann
Seller's Agent
Leigh Sasse
Peak Real Estate Llc
Buyer's Agent
Billie Rogers
Keller Williams High Country
List Price
$196,000
Sold Price
$196,000
Current Estimated Value
$399,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,158
Avg. Annual Appreciation
15.54%
Original Mortgage
$196,000
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Jul 20, 2008
Sold by
Selfrt Robert I and Selfrt Rosemarle T
Bought by
Carroll Katheleen M and Shook Valerle R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kennedy Kerry $196,000 None Available
Carroll Katheleen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Kerry $220,000
Closed Kennedy Kerry $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $196,000 0.0% $138 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $196,000 -- $138 / 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 $1,223 $304,500 $17,200 $287,300
2023 $1,201 $304,500 $17,200 $287,300
2022 $1,201 $304,500 $17,200 $287,300
2021 $930 $187,700 $15,600 $172,100
2020 $930 $187,700 $15,600 $172,100
2019 $930 $187,700 $15,600 $172,100
2018 $836 $187,700 $15,600 $172,100
2017 $836 $187,700 $15,600 $172,100
2013 -- $181,300 $12,500 $168,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 222303

High Country Association of REALTORS®

APN: 1888-06-6193-000