NOT LISTED FOR SALE

56 Eagle Cottage Ln Unit 7 Banner Elk, NC 28604

Estimated Value: $693,000 - $858,000

2 Beds
2 Baths
1,348 Sq Ft
$575/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $775,000 $575 Per Sq Ft

Current estimated payment $4,895/month

66 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Home fronts a pond
  • Banner Elk Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of January 2024

A proven rental performer on the Blue Ridge Rentals program, Catch and Release is located just a few yards away from the prestigious Elk River. The upgraded custom home is the perfect mountain getaway with two bedrooms and two bathrooms. Being sold fully furnished and move in ready. Upon entering you are greeted with an open floor plan concept featuring living, dining, and kitchen area. Floor to ceiling stone fireplace, dining area for four, and hardwood floors throughout. The lower level includes a full bathroom for guests, washer and dryer, and fully equipped kitchen. Granite countertops, custom cabinetry, island that seats three, and stainless steel appliances. Upstairs you will find a spacious primary suite that features two separate twin beds in an alcove with gorgeous barn wood accents, large seating area, and king size bed. Second bedroom and full bath also located upstairs. The outdoor living area was recently upgraded to accommodate the new hot tub. The porch has both covered and uncovered areas to enjoy, outdoor dining for six, and gas grill. The river club offers a beautiful club for owners to enjoy, gaming area, and of course over 4000ft of river frontage!

Last Listed By

Allison Schoen

Eagles Nest Realty LLC Brokerage Phone: 828-771-9343 Listed on: 11/02/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 2015

Lot Details

  • 871 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Mountain Architecture
  • Cottage
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1,348 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Stream or River on Lot

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Shared Well
  • Septic Tank
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 7
  • Assessor Parcel Number 1839-00-94-0494-00000

Community Details

Overview

  • The Lodges At Eagles Nest Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Fishing
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,912

Year Built

Built in 2015

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Lodges At Eagles Nest
  • Above Grade Finished Sq Ft: 1348.0
  • Architectural Style: Cottage, Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2015
  • Property Sub Type Additional: Townhouse
  • Attribution Contact: 828-771-9343
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished, Hot Tub/Spa
  • Living Area: 1348.0
  • Stories: 2

Exterior Features

  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Hot Tub/Spa
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Fishing, Gated, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 4800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1839-00-94-0494-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 533/2109
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 5, 2024
Sold by
Gram Adrian Michael and Gram Kassia Kristine
Bought by
Big Papi Holdings Llc
Seller's Agent
Allison Schoen
Eagles Nest Realty LLC
Buyer's Agent
Hope Caroselli
Blue Ridge Realty & Inv. Boone 895
List Price
$879,900
Sold Price
$775,000
Premium/Discount to List
-$104,900
-11.92%
Total Days on Market
66
Views
26
Current Estimated Value
$774,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$426
Avg. Annual Appreciation
-0.04%

Purchase Details

Closed on
Aug 9, 2019
Sold by
Cohee John
Bought by
Gram Adrian Michael and Gram Kassia Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2017
Sold by
Adkins Mark R
Bought by
Cohee John

Purchase Details

Closed on
Nov 10, 2016
Sold by
Enbe Llc
Bought by
Adkins Mark R and Waterfront Group Plc Llc

Range of Values:

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Average Value
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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
Big Papi Holdings Llc $775,000 None Listed On Document
Gram Adrian Michael $380,000 First American Mortgage Sln
Cohee John $375,000 None Available
Adkins Mark R $140,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gram Adrian Michael $303,750
Previous Owner Gram Adrian Michael $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $775,000 -11.9% $575 / Sq Ft
11/02/2023 11/02/23 For Sale $879,900 -- $653 / 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
2023 $1,912 $451,500 $50,000 $401,500
2022 $1,912 $451,500 $50,000 $401,500
2021 $2,086 $366,300 $150,000 $216,300
2020 $2,068 $363,200 $150,000 $213,200
2019 $2,068 $363,200 $150,000 $213,200
2018 $1,998 $363,200 $150,000 $213,200
2017 $401 $213,200 $0 $0
2016 $401 $89,700 $0 $0
2015 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 246683

High Country Association of REALTORS®

APN: 1839-00-94-0494-00000