NOT LISTED FOR SALE

529 Laurel Ridge Rd Unit F28 Banner Elk, NC 28604

Estimated Value: $337,000 - $446,328

3 Beds
2 Baths
1,458 Sq Ft
$278/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $187,000 $128 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,392/month

371 Days on Market

Highlights

  • Guest House
  • River Access
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • Chalet
  • Stream or River on Lot

About This Home

As of July 2017

Now featured is this updated mountain cottage in the heart of Foscoe, complete with a new kitchen and hardwoods, a new master suite, tons of deck space, a 1 car garage, and a separate 2 room studio that can be used as a great artist's space, kids play area, separate sleeping quarters, or workshop and storage space. The perfect place for a primary or second home buyer/investor. Great curb appeal with mature, low-maintenance landscaping and a paved drive for easy access! Sellers are putting on a new roof week of 3/20/17! All for less than 200k!

Last Agent to Sell the Property

Benjamin Ray

Client First Of The High Country Listed on: 05/31/2016

Last Buyer's Agent

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 1986

Lot Details

  • 0.4 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Subdivision

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Private Parking
  • Driveway

Home Design

  • Chalet
  • Mountain Architecture
  • Cottage
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Attic

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • River Access
  • Stream or River on Lot
  • Covered Patio or Porch
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot D24,26,F26
  • Assessor Parcel Number 1888053604

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$806

Year Built

Built in 1986

Lot Details

0

HOA Fees

$155 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 870.0
  • Architectural Style: Chalet/Alpine, Cottage, Mountain
  • Garage Yn: Yes
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 588.0
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 1458.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • Waterfront Features: River Access
  • Home Warranty: No
  • Construction Type: Stucco, Wood Siding
  • Exterior Features: Out Building(s), Paved Driveway
  • Foundation Details: Basement
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Basement, Driveway, Garage, One Car Garage, Paved, Private

Utilities

  • Heating: Baseboard, Electric, Forced Air, Fireplace(s), Heat Pump, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1888053604
  • Zoning Description: Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 806.0
  • Tax Book Number: 1723/518
  • Tax Lot: D24,26,F26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Macias Gregory
Bought by
Blakley Holdings Llc
Current Estimated Value
$405,832

Purchase Details

Closed on
Mar 1, 2019
Sold by
Macias Gregory Jason and Macias Karen Goodman
Bought by
Macias Gregory Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 31, 2016
Closed on
Jul 6, 2017
Sold by
Michael Talley
Bought by
Macias Karen and Macias Gregory
Seller's Agent
Benjamin Ray
Client First Of The High Country
Buyer's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
List Price
$187,000
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$162,000
Interest Rate
3.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Blakley Holdings Llc $350,000 None Listed On Document
Blakley Holdings Llc $350,000 None Listed On Document
Macias Gregory Jason -- None Available
Macias Karen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macias Gregory Jason $150,000
Previous Owner Macias Karen $162,000
Previous Owner Macias Karen --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2017 07/06/17 Sold $187,000 0.0% $128 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/31/2016 05/31/16 For Sale $187,000 -- $128 / 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
2025 $1,244 $310,200 $13,800 $296,400
2024 $1,244 $310,200 $13,800 $296,400
2023 $1,222 $310,200 $13,800 $296,400
2022 $1,222 $310,200 $13,800 $296,400
2021 $892 $179,300 $12,500 $166,800
2020 $892 $179,300 $12,500 $166,800
2019 $892 $179,300 $12,500 $166,800
2018 $803 $179,300 $12,500 $166,800
2017 $803 $179,300 $12,500 $166,800
2013 -- $173,500 $10,000 $163,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Benjamin Ray

    Client First Of The High Country

    (704) 287-2760

    15 in this area

    132 Total Sales

    Benjamin Ray
    Section Image
  • Linda Cramblit

    Buyer's Agent in 2017

    Linda Cramblit

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    75 in this area

    182 Total Sales

    Linda Cramblit
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 39202337

High Country Association of REALTORS®

APN: 1888-05-3604-000

North Carolina Watauga County Banner Elk 28604

529 Laurel Ridge Rd Unit F28, Banner Elk, NC

Not Listed for Sale

Detached

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