Closed

$700,000

462 Penny Ln, Banner Elk, NC 28604

3beds

2,243sqft

Condominium

Built in 2013

-- sqft lot

$693,600 Zestimate^®

$312/sqft

$3,814 Estimated rent

Home value

$693,600

$652,000 - $742,000

$3,814/mo

Zestimate^® history

Owner options

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$3,814/mo

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$3,814/mo

Rent Zestimate^®

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$7,334/mo

Est. payment

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$7,334/mo

Est. payment

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What's special

Stone gas fireplaceSummer kitchenNatural lightAppliance upgradesSki resortsBalterio flooringGourmet kitchen

Like New End Unit. Upper 2 Story Condo w/Elevator Access! Excellent Views of Grandfather Mountain to the SE & surprisingly NO VIEW OF SUGARTOP. Gourmet Kitchen, Granite Countertops, Gas Range & Oven, Balterio Flooring & Travertine Tile throughout. Builder Upgrades including Additional Owner Fixture & Appliance Upgrades, Hunter Ceiling Fans, Kohler fixtures, & Additional Lighting. Unique Building Features: 4 plex (as compared to 8 plex), Natural Light, Over-size Closets, Showers & Tubs, Walk-in Laundry/Pantry Room, Stone Gas Fireplace, Outdoor Covered Deck w/ Summer Kitchen, Extra Large Front Porch, & Superior Soundproofing. Energy Efficient. Monthly Utility Bills Very Reasonable! Sunrise & Sunset Views, Views of Roan Mountain to the SW, Southern Exposure, Cross breeze from the ridge. Close proximity to Downtown Banner Elk & Beech Mtn, Ski Resorts, Restaurants, Hiking, Shopping, Parks, etc. Being sold furnished minus seller exclusions. Please note 30 day min. nightly rental.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
Main level bedrooms: 2

Living room

Features: Attic Other
Level: Main

Living room

Level: Main

Heating

Electric, Heat Pump, Natural Gas, Zoned

Cooling

Other

Appliances

Included: Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer, Other
Laundry: Main Level

Features

Has basement: No
Fireplace features: Gas Vented

Interior area

Total structure area: 2,243
Total interior livable area: 2,243 sqft
Finished area above ground: 2,243
Finished area below ground: 0

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2
Entry location: Upper
Exterior features: Elevator

Details

Parcel number: 1859130354120000903
Zoning: R
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Stone
Foundation: None

Condition

New construction: No
Year built: 2013

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Community

Subdivision: The Vistas at Banner Elk

HOA

Has HOA: Yes
HOA fee: $3,357 annually

Location

Region: Banner Elk

Financial & listing details

Price per square foot: $312/sqft
Tax assessed value: $415,400
Annual tax amount: $1,768
Date on market: 2/21/2023
Cumulative days on market: 186 days

Price history

Date	Event	Price
9/28/2023	Sold	$700,000-4.7%$312/sqft
Source: Canopy MLS as distributed by MLS GRID #4004145 Report a problem
8/26/2023	Pending sale	$734,900$328/sqft
Source: Canopy MLS as distributed by MLS GRID #4004145 Report a problem
6/8/2023	Price change	$734,900-2.6%$328/sqft
Source: Canopy MLS as distributed by MLS GRID #4004145 Report a problem
3/23/2023	Price change	$754,900-0.7%$337/sqft
Source: Canopy MLS as distributed by MLS GRID #CAR4004145 Report a problem
2/21/2023	Listed for sale	$759,900+56.7%$339/sqft
Source: Canopy MLS as distributed by MLS GRID #CAR4004145 Report a problem
7/6/2021	Sold	$485,000+33.8%$216/sqft
Source: Public Record Report a problem
1/14/2020	Sold	$362,500-2.6%$162/sqft
Source: High Country AOR #217226 Report a problem
12/14/2019	Pending sale	$372,000$166/sqft
Source: Peak Real Estate Llc #217226 Report a problem
8/20/2019	Listed for sale	$372,000$166/sqft
Source: Peak Real Estate Llc #217226 Report a problem
2/8/2019	Listing removed	$372,000$166/sqft
Source: Peak Real Estate Llc #209951 Report a problem
8/19/2018	Listed for sale	$372,000+3.9%$166/sqft
Source: Peak Real Estate Llc #209951 Report a problem
6/15/2018	Sold	$358,000+1.1%$160/sqft
Source: Public Record Report a problem
10/18/2017	Sold	$354,000-15.7%$158/sqft
Source: Public Record Report a problem
9/27/2016	Sold	$420,000$187/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,768	$442,100
2024	$1,768	$442,100
2023	$1,768 -53.5%	$442,100
2022	$3,802 +7.9%	$442,100 +39.2%
2021	$3,524	$317,500
2020	$3,524	$317,500
2019	$3,524 +0.9%	$317,500
2018	$3,493 +100%	$317,500 +20.9%
2017	$1,746 +48.7%	$262,600
2016	$1,174 +50.4%	$262,600 +50.4%
2015	$781	$174,600