NOT LISTED FOR SALE

584 Penny Ln Banner Elk, NC 28604

Estimated Value: $611,000 - $729,000

3 Beds
3 Baths
1,975 Sq Ft
$133/mo HOA Fee

Last Sold October 15, 2020

Last sale price $465,000 $235 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,988/month

53 Days on Market

Highlights

  • Contemporary Architecture
  • Cooling System Powered By Gas
  • Gas Fireplace
  • Banner Elk Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Top level of complex offers expansive views. Newly finished (2019) - like new condition. Outdoor living on balcony with brand new Kitchen Aid deluxe grill. Long term rental permitted (1 month minimum) Pet friendly community. Most units owner occupied. Near to town.

Last Agent to Sell the Property

Susan Ayers

Clickit Realty Listed on: 07/23/2020

Last Buyer's Agent

Aimee Greenfield

Greenfield Acres Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 2018

Lot Details

  • 18

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Stone

Interior Spaces

  • 1,975 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • The Vistas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1859-13-03-5412-00013-04

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,107

Year Built

Built in 2018

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: The Vistas
  • Above Grade Finished Sq Ft: 1975.0
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2018
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Other, Refrigerator, See Remarks
  • Has Basement: Other, See Remarks
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Vented
  • Living Area: 1975.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Other, Stone, See Remarks
  • Exterior Features: Other, See Remarks
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: On Street

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Central Air, Gas
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1859-13-03-5412-00013-04
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5107.0
  • Tax Book Number: 528/56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Sullivan Linda A and Galindo Raymond A
Bought by
Wright Benjamin L
Current Estimated Value
$674,464

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 9, 2020
Sold by
Anderson David L and Anderson Carolyn L
Bought by
Sullivan Linda A and Galindo Raymond A
Seller's Agent
Susan Ayers
Clickit Realty
Buyer's Agent
Aimee Greenfield
Greenfield Acres Realty
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2019
Sold by
Banner Elk Vista Properties Llc
Bought by
Anderson David L and Anderson Carolyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

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
Wright Benjamin L $630,000 None Listed On Document
Sullivan Linda A $465,000 None Available
Anderson David L $441,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Linda A $300,000
Previous Owner Anderson David L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $465,000 0.0% $235 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $465,000 -- $235 / 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 $1,940 $485,100 $0 $485,100
2022 $1,940 $485,100 $0 $485,100
2021 $2,531 $460,100 $60,000 $400,100
2020 $5,107 $460,100 $60,000 $400,100
2019 $5,107 $460,100 $60,000 $400,100
2018 $0 $460,100 $60,000 $400,100
Source: Public Records

Agents Affiliated with this Home

  • Susan Ayers

    Seller's Agent in 2020

    Susan Ayers

    Clickit Realty

    (678) 344-1600

    10 in this area

    4,123 Total Sales

    Section Image
  • Aimee Greenfield

    Buyer's Agent in 2020

    Aimee Greenfield

    Greenfield Acres Realty

    (336) 466-7727

    3 in this area

    64 Total Sales

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 223346

High Country Association of REALTORS®

APN: 1859130354120001304

North Carolina Avery County Banner Elk 28604

584 Penny Ln, Banner Elk, NC

This home is located at 584 Penny Ln, Banner Elk, NC 28604 since 23 July 2020 and is currently estimated at $673,048, approximately $340 per square foot. This property was built in 2018. 584 Penny Ln is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Grandfather Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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