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$339,000

Beds
3
Baths
2.0
sq ft
1,075

236 Laurel Ridge Rd, Banner Elk, NC 28604

236 Laurel Ridge Rd

Banner Elk, NC 28604

  • 133 days on market
Welcome to 236 Laurel Ridge, a quaint mountain retreat nestled in the Mill Ridge community. This 3-bedroom, 2-bathroom cottage offers the perfect blend of rustic charm and modern convenience. The spacious living room features an open floor-plan and large windows that flood the space with natural light. The adjacent dining area offers plenty of space for gathering. The main level also includes a cozy primary suite, complete with an en-suite bathroom and conveniently located stackable washer/dryer. Upstairs, you'll find two additional bedrooms and one additional bathroom. The deck is a great spot to relax and soak in the beauty of the surrounding nature. Mill Ridge has a number of amenities including hiking trails, tennis courts, river access, a community pool and pond. Located just minutes from downtown Banner Elk and Downtown Boone, this home offers easy access to the area's best restaurants, shops, and outdoor activities. Whether you're seeking a peaceful mountain retreat or a home base for your next adventure, 236 Laurel Ridge has everything you need to live your best life in the Blue Ridge Mountains.

Details

Property type

Single Family Residence

Est. home value

$340,350

Lot size

6,098 sq ft

Price per sq ft

$316

Year built

1973

Annual property taxes

$970

Monthly HOA fee

$165

Price History

05/10/2024
HighCountry

HighCountry #249531

Listed
$339,000
04/01/2024
HighCountry

HighCountry #245775

Removed
$339,000
09/15/2023
HighCountry

HighCountry #245775

Listed
$339,000
+24.18%

Schools & Community

Elementary school: 

Valle Crucis

Middle school: 

Unknown

High school: 

Watauga

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$61,247
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$250,633
Cash to seller
$61,247

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wyndham Capital Mortgage Inc

Loan start date

June 2022

Original loan amount

$259,350

Est. remaining balance

$250,633

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Sarah Dixon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 8:50 PM

Listing updated: 05/24/2024 at 10:13 PM

Listed by: Mike Quinto, Keller Williams High Country Phone #: (828) 386-1086

MLS: HighCountry #249531

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Recently listed in Banner Elk