$542,500
SOLD NOV 20, 2023

552 Penny Ln Unit 1A Banner Elk, NC 28604

2 Beds
2 Baths
1,583 Sq Ft
$208/mo HOA Fee

Recently Sold

$343 Per Sq Ft

5% Below List Price

118 Days on Market

Highlights

  • Mountain View
  • Mountain Architecture
  • Secondary Bathroom Jetted Tub
  • Banner Elk Elementary School Rated A-
  • Outdoor Kitchen
  • Furnished

About This Home

As of September 2024

Beautiful Level Entry Turnkey Condo minutes to Downtown Banner Elk & Beech Mtn. w/ Views of Grandfather Mountain. Temps average 75 degrees in the Summer months. Gourmet Kitchen w/Gas Range and Walk-in Laundry/Pantry Room. Granite Countertops, Stone Travertine Shower, Jetted Whirlpool Tub, Stone Gas Fireplace, Superior Soundproofing and Energy Efficient. Covered Deck w/Outdoor Summer Kitchen. Natural Gas Community. Monthly Utility Bills Very Reasonable! Sold Furnished Minus A Few Seller Exclusions. Close proximity to area attractions of Banner Elk, Beech Mtn. and Sugar Mtn. Enjoy Cultural events at Lees McRae College, Fine Dining, Outdoor Summer Concerts, Trout Fishing, White Water Rafting, and numerous hiking trails. Centrally located near skiing, golf, tennis, and summer activities. Please note 30 day minimum nightly rental. Note photos were taken prior to owner removing exclusion & personal items. Now vacant and everything you see in the home in person is staying.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Brokerage Phone: 828-737-3100 Listed on: 07/24/2023

Last Buyer's Agent

Mary Baker

Keller Williams High Country

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 2016

Lot Details

  • Southern Exposure

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Concrete Siding
  • Shake Siding
  • Stone Veneer

Interior Spaces

  • 1,583 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Vistas Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-13-03-5412-00012-01

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,842

Year Built

Built in 2016

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: The Vistas
  • Above Grade Finished Sq Ft: 1583.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2016
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 828-737-3100
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone, Vented, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, Window Treatments, Jetted Tub
  • Living Area: 1583.0
  • Stories: 1
  • Window Features: Window Treatments

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Concrete, Shake Siding, Stone Veneer, Wood Frame
  • Exterior Features: Outdoor Grill, Outdoor Kitchen
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved, Shared Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 2497.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1859-13-03-5412-00012-01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3841.63
  • Tax Book Number: 519/250

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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

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $575,000 0.0% $363 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $575,000 +6.0% $363 / Sq Ft
11/20/2023 11/20/23 Sold $542,500 -4.7% $343 / Sq Ft
07/24/2023 07/24/23 For Sale $569,500 -- $360 / 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: 244755

High Country Association of REALTORS®