NOT LISTED FOR SALE

605 Woodlake Loop Rd Elk Park, NC 28622

Estimated Value: $441,000 - $618,000

2 Beds
2 Baths
1,399 Sq Ft
$392/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $362,500 $259 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,996/month

394 Days on Market

Highlights

  • Gated Community
  • 1.5 Acre Lot
  • Mountain View
  • Waterfall on Lot
  • Lake Privileges
  • Community Lake

About This Home

As of August 2020

This Charming One Level Living 2 Bedroom Cottage Home was built by Barnette Builders. It is an exceptional value in this high-end gated community. Nice open floorplan with high vaulted ceilings. Covered front porch and large covered outdoor deck. Lots of glass allowing natural light to shine in. Sold furnished minus a few personal items with a strong offer. Private wooded setting with you own fire pit. Trees could be topped to open up view. Headwaters at Banner Elk is a Luxury Gated Community in the beautiful Blue Ridge Mountains of Western North Carolina. This home is located not far from the entrance. Walking distance to Stoney Creek Park and Man Made Lake. Garage can be added on property. Featuring 6 Community Parks including Dog Park, Tennis Court, 2 Lakes, Hiking Trails, and a Gorgeous Mountaintop clubhouse with: a Theater Room, Gym, Game Room, Dining Area, Gourmet Kitchen, and lots of seating in the Great Room. Enjoy long range, breathtaking views from the clubhouse decks.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 06/19/2019

Last Buyer's Agent

Michele McCubbins

Allen Tate Real Estate - Blowing Rock

Allen Tate Real Estate - Blowing Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,656

Year Built

  • Built in 2009

Lot Details

  • 1.5 Acre Lot
  • Property fronts a private road
  • Southern Exposure
  • Partially Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone Veneer
  • Masonry

Interior Spaces

  • 1,399 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Lake Privileges
  • Covered patio or porch
  • Waterfall on Lot
  • Outdoor Storage

Schools

  • Avery Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 220 Volts
  • Shared Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 19300002010300000

Community Details

Overview

  • Headwaters At Banner Elk Subdivision
  • Community Lake

Recreation

  • Tennis Courts

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,656

Year Built

Built in 2009

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Headwaters At Banner Elk
  • Above Grade Finished Sq Ft: 1399.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2009
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Furnished, Pull Down Attic Stairs
  • Living Area: 1399.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Waterfall
  • View: Long Range, Seasonal View, Southern Exposure
  • Waterfront Features: Lake Privileges
  • Home Warranty: No
  • Construction Type: Masonry, Stone Veneer, Wood Siding, Wood Frame
  • Exterior Features: Storage, Paved Driveway
  • Patio And Porch Features: Covered, Multiple
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Private Sewer, Septic Permit 2 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Avery

Lot Info

  • Parcel #: 19300002010300000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1656.0
  • Tax Book Number: 442/231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 13, 2020
Sold by
Gregory William J and Gregory Marc A
Bought by
Rangel Marc A and Rangel Marilyn R
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Michele McCubbins
Allen Tate Real Estate - Blowing Rock
List Price
$362,500
Sold Price
$362,500
Current Estimated Value
$578,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,026
Avg. Annual Appreciation
9.42%
Original Mortgage
$290,000
Outstanding Balance
$260,126
Interest Rate
3%
Estimated Equity
$307,949
Source: Public Records

Range of Values:

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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
Rangel Marc A $363,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Marc A $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $362,500 0.0% $259 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
06/19/2019 06/19/19 For Sale $362,500 -- $259 / 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
2022 $1,480 $370,000 $63,000 $307,000
2021 $1,656 $301,000 $93,800 $207,200
2020 $1,656 $301,000 $93,800 $207,200
2019 $1,656 $301,000 $93,800 $207,200
2018 $1,656 $301,000 $93,800 $207,200
2017 $1,547 $281,200 $0 $0
2016 $1,258 $281,200 $0 $0
2015 $1,258 $281,200 $93,800 $187,400
2012 -- $402,000 $125,000 $277,000
Source: Public Records

Agents Affiliated with this Home

  • Linda Cramblit

    Seller's Agent in 2020

    Linda Cramblit

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    27 in this area

    194 Total Sales

    Section Image
  • Michele McCubbins

    Buyer's Agent in 2020

    Michele McCubbins

    Allen Tate Real Estate - Blowing Rock

    (828) 964-8020

    1 in this area

    63 Total Sales

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Map

Source: High Country Association of REALTORS®

MLS Number: 215188

High Country Association of REALTORS®

APN: 1930-00-02-0103-00000

North Carolina Avery County Elk Park 28622

605 Woodlake Loop Rd, Elk Park, NC

This home is located at 605 Woodlake Loop Rd, Elk Park, NC 28622 since 19 June 2019 and is currently estimated at $548,223, approximately $391 per square foot. This property was built in 2009. 605 Woodlake Loop Rd is a home located in Avery County with nearby schools including Freedom Trail Elementary School and Cranberry Middle School.

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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