NOT LISTED FOR SALE

764 Laurel Ridge Rd Banner Elk, NC 28604

Estimated Value: $332,000 - $400,000

4 Beds
2 Baths
1,249 Sq Ft
$302/Sq Ft Est. Value

Last Sold April 18, 2018

Last sale price $137,000 $110 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,230/month

432 Days on Market

Highlights

  • Clubhouse
  • Seasonal View
  • Mountain Architecture
  • Valle Crucis Elementary School Rated A-
  • Stream or River on Lot
  • Community Pool

About This Home

As of April 2018

Great mountain get away or year round home! Centrally located in the High Country between Boone and Banner Elk. Lots of natural light in this 4 bedroom 2 bath home. 2 large decks to relax and take in the serene mountain atmosphere. You will enjoy all the amenities that Mill Ridge has to offer, such as a swimming pool, tennis courts, playground and a greenway with ponds and nature trails. Property is offered furnished. New metal roof has just been completed.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 01/11/2017

Last Buyer's Agent

Steve Wyatt

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $662

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Property fronts a private road
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Seasonal Views
  • Electric Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Radiant Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878-95-3709-000

Community Details

Overview

  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$662

Year Built

Built in 1973

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Above Grade Finished Sq Ft: 825.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 424.0
  • Fireplace Features: One, Free Standing, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1249.0

Exterior Features

  • Pool Features: Community
  • View: Seasonal View
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Multiple
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating: Electric, Fireplace(s), Radiant
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1878-95-3709-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 661.53
  • Tax Book Number: 1153/128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
Apr 16, 2018
Sold by
Tuffs Allan and Faber Marilyn
Bought by
Edwards Robin Arlene
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Steve Wyatt
Keller Williams High Country
List Price
$137,000
Sold Price
$137,000
Current Estimated Value
$377,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,223
Avg. Annual Appreciation
14.08%
Original Mortgage
$109,600
Outstanding Balance
$63,265
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$313,958

Purchase Details

Closed on
Jan 11, 2006
Sold by
Gearhart Freida S and Hair Richard H
Bought by
Tuffs Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Edwards Robin Arlene $137,000 None Available
Tuffs Allan $142,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Robin Arlene $109,600
Previous Owner Tuffs Allan $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2018 04/18/18 Sold $137,000 0.0% $110 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
01/11/2017 01/11/17 For Sale $137,000 -- $110 / 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
2025 $1,115 $274,900 $13,800 $261,100
2024 $1,115 $274,900 $13,800 $261,100
2023 $1,092 $274,900 $13,800 $261,100
2022 $1,092 $274,900 $13,800 $261,100
2021 $806 $160,200 $12,500 $147,700
2020 $806 $160,200 $12,500 $147,700
2019 $806 $160,200 $12,500 $147,700
2018 $726 $160,200 $12,500 $147,700
2017 $726 $160,200 $12,500 $147,700
2013 -- $150,400 $10,000 $140,400
Source: Public Records

Agents Affiliated with this Home

  • Tracy Simms

    Seller's Agent in 2018

    Tracy Simms

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 898-7229

    45 in this area

    234 Total Sales

    Tracy Simms
    Section Image

  • S

    Buyer's Agent in 2018

    Steve Wyatt

    Keller Williams High Country

    (828) 406-6158

    1 in this area

    31 Total Sales

    Steve Wyatt
    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 39206013

High Country Association of REALTORS®

APN: 1878-95-3709-000

North Carolina Watauga County Banner Elk 28604

764 Laurel Ridge Rd, Banner Elk, NC

Not Listed for Sale

Detached

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.

Nearby Homes