NOT LISTED FOR SALE

531 Echota Pkwy Unit 21-A Boone, NC 28607

Estimated Value: $750,000 - $855,000

3 Beds
2.5 Baths
2,090 Sq Ft
$290/mo HOA Fee

Last Sold March 03, 2016

Last sale price $380,000 $182 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,867/month

111 Days on Market

Highlights

  • Home fronts a pond
  • Gated Community
  • Stream or River on Lot
  • Valle Crucis Elementary School Rated A-
  • Clubhouse
  • Mountain Architecture

About This Home

As of March 2016

Just Reduced bank owned townhome in Echota! This fully-furnished, beautifully appointed townhome in Echota is a mountain retreat like no other with a 1-car garage, space, privacy, upgrades and easy access to the clubhouse. The large open Deer Ridge floor plan is one of our most popular. The kitchen features high-end stainless appliances, granite countertops, custom cabinetry, wine cooler, breakfast bar and lots of storage. The main living are has a floor to ceiling stacked stone fireplace, separate dining area and access to the covered deck. The master bedroom is on the main level with adjoining master bath with an oversize soaking tub. Two additional guest bedrooms are upstairs along with an open loft area for additional living space. The wood accents and tongue and groove ceilings give this townhome a mountain feel with all of the luxury upgrades.

Last Agent to Sell the Property

Leah Grove

Foscoe Realty & Development Listed on: 10/14/2015

Last Buyer's Agent

Jay Harrill

Foscoe Realty & Development

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 2007

Lot Details

  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Shared Driveway

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Concrete Siding

Interior Spaces

  • 2,090 Sq Ft Home
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows

Kitchen

  • Built-In Oven
  • Induction Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Covered patio or porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1889316288000

Community Details

Overview

  • Echota Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,082

Year Built

Built in 2007

Lot Details

0

HOA Fees

$290 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Echota
  • Above Grade Finished Sq Ft: 2090.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Year Built: 2007
  • Property Sub Type Additional: Condominium
  • Special Features: 20

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Induction Cooktop, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2090.0
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Community
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Concrete
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Pool, River, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 870.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1889316288000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1081.74
  • Tax Book Number: 1767/400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2017
Sold by
Fox Paul Allen and Fox Cheryl Beck
Bought by
Fox Paul Allen and Fox Cheryl Beck
Current Estimated Value
$789,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$147,162
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$638,096

Purchase Details

Listed on
Oct 14, 2015
Closed on
Mar 1, 2016
Sold by
Great State Bank
Bought by
Paul & Cheryl Fox Living Trust
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
Jay Harrill
Foscoe Realty & Development
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$176,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 21, 2014
Sold by
Litrenta Gino and Litrenta Dawn
Bought by
Great State Bank

Purchase Details

Closed on
May 20, 2008
Sold by
Lakes Community Development Co Inc
Bought by
Litrenta Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,500
Interest Rate
5.84%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Fox Paul Allen -- None Available
Paul & Cheryl Fox Living Trust $380,000 Attorney
Great State Bank $417,000 None Available
Litrenta Dawn $11,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Paul $175,000
Closed Paul & Cheryl Fox Living Trust $176,000
Previous Owner Litrenta Dawn $441,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2016 03/03/16 Sold $380,000 0.0% $182 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $380,000 -- $182 / 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 $2,175 $563,000 $60,000 $503,000
2023 $2,152 $563,000 $60,000 $503,000
2022 $2,152 $563,000 $60,000 $503,000
2021 $1,430 $298,000 $60,000 $238,000
2020 $1,430 $298,000 $60,000 $238,000
2019 $1,430 $298,000 $60,000 $238,000
2018 $1,281 $298,000 $60,000 $238,000
2017 $1,281 $298,000 $60,000 $238,000
2013 -- $345,300 $75,000 $270,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 194560

High Country Association of REALTORS®

APN: 1889-31-6288-000