NOT LISTED FOR SALE

662 Laurel Ridge Rd Banner Elk, NC 28604

Estimated Value: $318,000 - $384,000

2 Beds
1 Bath
721 Sq Ft
$470/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $293,000 $406 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,024/month

Highlights

  • Fishing
  • Home fronts a pond
  • Chalet
  • Valle Crucis Elementary School Rated A-
  • Views of Trees
  • Clubhouse

About This Home

As of July 2023

All offers, highest and best 5pm 6/21/23. Adorable Mountain Chalet between Boone and Banner Elk. Make yourself at home at this quintessential Mill Ridge chalet-getaway! This property can sleep up to 8 people! With two bedrooms on main and a large loft above. Bonus space is just off the deck with a separate entrance. The lower level has laundry, extra sleeping space and a half-bathroom. Beautiful wide plank hardwoods throughout main living level. Mill Ridge has a variety of amenities to offer so this house would make for a great second home or vacation rental. Take a look this weekend, vacant and easy to show!

Last Agent to Sell the Property

Susan Stelling

EXP Realty LLC Listed on: 06/15/2023

EXP Realty LLC

Last Buyer's Agent

Lacie Holbrook

Realty One Group Results-Boone

Realty One Group Results-Boone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $543

Year Built

  • Built in 2006

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Trees
  • Seasonal

Home Design

  • Chalet
  • A-Frame Home
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 721 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Vaulted Ceiling

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Stream or River on Lot
  • Open Patio

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878-95-8820-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$543

Year Built

Built in 2006

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 721.0
  • Architectural Style: A-Frame, Chalet/Alpine, Cottage
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 386-6047
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Cooktop, Electric Water Heater, Freezer, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 721.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: Seasonal View, Trees/Woods
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Living Quarters
  • Patio And Porch Features: Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878-95-8820-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 542.94
  • Tax Book Number: 1058/147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 18, 2023
Sold by
Kramer Deborah A
Bought by
Anderson Kristine
Seller's Agent
Susan Stelling
EXP Realty LLC
Buyer's Agent
Lacie Holbrook
Realty One Group Results-Boone
List Price
$279,000
Sold Price
$293,000
Premium/Discount to List
$14,000
5.02%
Views
220
Current Estimated Value
$338,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,751
Avg. Annual Appreciation
6.72%
Original Mortgage
$219,750
Outstanding Balance
$214,430
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$124,321

Purchase Details

Closed on
Feb 24, 2005
Sold by
Devine Bennett R and Devine Katherine P
Bought by
Kramer Deborah A and Kramer Donald M
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
Anderson Kristine $293,000 None Listed On Document
Kramer Deborah A $9,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Kristine $219,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $293,000 +5.0% $406 / Sq Ft
06/15/2023 06/15/23 For Sale $279,000 -- $387 / 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 $670 $210,600 $11,000 $199,600
2023 $855 $210,600 $11,000 $199,600
2022 $855 $210,600 $11,000 $199,600
2021 $688 $134,200 $10,000 $124,200
2020 $688 $134,200 $10,000 $124,200
2019 $688 $134,200 $10,000 $124,200
2018 $621 $134,200 $10,000 $124,200
2017 $621 $134,200 $10,000 $124,200
2013 -- $125,800 $8,000 $117,800
Source: Public Records

Agents Affiliated with this Home

  • Susan Stelling

    Seller's Agent in 2023

    Susan Stelling

    EXP Realty LLC

    (828) 208-2094

    22 in this area

    96 Total Sales

    Susan Stelling
    Section Image

  • L

    Buyer's Agent in 2023

    Lacie Holbrook

    Realty One Group Results-Boone

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 243966

High Country Association of REALTORS®

APN: 1878-95-8820-000

North Carolina Watauga County Banner Elk 28604

662 Laurel Ridge Rd, Banner Elk, NC

This home is located at 662 Laurel Ridge Rd, Banner Elk, NC 28604 since 15 June 2023 and is currently estimated at $338,751, approximately $469 per square foot. This property was built in 2006. 662 Laurel Ridge Rd is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High 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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