NOT LISTED FOR SALE

942 Ridge Haven Pkwy Unit R1232 Banner Elk, NC 28604

Estimated Value: $616,000 - $669,000

2 Beds
2 Baths
1,391 Sq Ft
$397/mo HOA Fee

Last Sold September 29, 2022

Last sale price $545,000 $392 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,050/month

Highlights

  • Fitness Center
  • Fishing
  • Gated Community
  • Valle Crucis Elementary School Rated A-
  • Home fronts a pond
  • Mountain View

About This Home

As of September 2022

TOP FLOOR 2BR/2BA+loft at Echota on the Ridge with end-building privacy and unsurpassed layered mountain views. One of only two Wintergreen buildings on Ridge Haven Parkway, this condo is positioned to have one of the most iconic, unobstructed, long-range views. Interior features include hardwood floors in the entry, poplar bark accent wall in the dining area, soaring vaulted ceilings and a floor-to-ceiling stacked stone gas fireplace with cedar mantle. The open kitchen has glazed cabinetry complimented with a river rock backsplash. The living and dining area open to the spacious covered deck which is also accessible from the master suite. Vaulted ceilings continue into the master which has convenient built-in cabinetry and an adjoining master bath with tile flooring, pine vanity and full-size shower. The guest bedroom has its own bathroom with separate hallway and pocket door, providing additional privacy. Upstairs is a versatile open loft, ideal for extra living or sleeping space. Owners will have access to the new amenity center at The Summit at Echota which includes a spectacular outdoor pool and deck area, state-of-the-art fitness facility and skybridge with linear fireplace.

Last Agent to Sell the Property

Leah Grove

Foscoe Realty & Development Listed on: 07/13/2022

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 2007

Lot Details

  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $397 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,391 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1879-90-9450-006

Community Details

Overview

  • Echota Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,121

Year Built

Built in 2007

Lot Details

0

HOA Fees

$397 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Echota
  • Above Grade Finished Sq Ft: 1391.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1391.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: Long Range
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Fiber Cement, Wood Frame
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Fishing, Gated, Pool, River, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1190.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1879-90-9450-006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1121.0
  • Tax Book Number: 1882/91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Oct 10, 2022
Sold by
Development Solutions Group Llc
Bought by
Jent James Olson Revocable Trust
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$569,000
Sold Price
$545,000
Premium/Discount to List
-$24,000
-4.22%
Current Estimated Value
$647,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,588
Avg. Annual Appreciation
6.02%

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 28, 2022
Sold by
Maria Ludlow
Bought by
Development Solutions Group Llc
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$569,000
Sold Price
$545,000
Premium/Discount to List
-$24,000
-4.22%

Purchase Details

Listed on
Mar 17, 2016
Closed on
Sep 29, 2016
Sold by
Fogarassy Joan
Bought by
Clayberg Gerald and Ludlow Maria
Seller's Agent
Jonathan Lehman
Keller Williams High Country
Buyer's Agent
Wendy Green
Blue Ridge Business Brokerage
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%

Purchase Details

Closed on
Jan 24, 2008
Sold by
Edcotr Inc
Bought by
Fogarassy Peter and Fogarassy Joan
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
Jent James Olson Revocable Trust -- --
Jent James Olson Revocable Trust -- None Listed On Document
Development Solutions Group Llc $545,000 --
Clayberg Gerald $300,000 Attorney
Fogarassy Peter $380,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $545,000 -4.2% $392 / Sq Ft
07/13/2022 07/13/22 For Sale $569,000 +89.7% $409 / Sq Ft
09/29/2016 09/29/16 Sold $300,000 0.0% $216 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $300,000 -- $216 / 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 $1,816 $465,500 $75,000 $390,500
2023 $1,793 $465,500 $75,000 $390,500
2022 $1,793 $465,500 $75,000 $390,500
2021 $1,362 $282,900 $75,000 $207,900
2020 $1,362 $282,900 $75,000 $207,900
2019 $1,362 $282,900 $75,000 $207,900
2018 $1,220 $282,900 $75,000 $207,900
2017 $1,220 $282,900 $75,000 $207,900
2013 -- $277,800 $75,000 $202,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 238771

High Country Association of REALTORS®

APN: 1879-90-9450-006