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Sold for $1,110,000 on 03/20/23
  • $1,110,000

    306 Signature Ridge Road, Banner Elk, NC 28604

    4beds
    3,202sqft
    Single Family Residence
    Built in 2021
    1.44 Acres Lot
    $1,226,700 Zestimate®
    $347/sqft
    $5,040 Estimated rent

    Home value

    $1,226,700

    $1.14M - $1.31M

    $5,040/mo

    Zestimate® history
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    $5,040/mo

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    $6,510/mo

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    $6,510/mo

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    What's special

    This is a new, turn-key, income-producing property. This is offered fully furnished with a rental history thru Evolve rentals. The home was built by the local contractor in 2021, and the workmanship is totally amazing! The huge, vaulted ceiling, with old barn roof metal, is a great addition. Also included is a grill and hot tub located on the back deck. If you would like to you can take a stroll down to Laurel Creek at the edge of the backyard and toss in a line. Only 5 miles to Banner Elk, and 6 miles to Valle Crucis, this is a must-see home for the investor or the fulltime resident. Signature Ridge is nestled in the Cool Springs community with a common area that includes a Koi Pond and trout fishing in Laurel Creek. You do not want to miss this home!

    Zillow last checked: 8 hours ago

    Listing updated: March 20, 2023 at 02:16pm

    Listed by:

    Allen Yates 828-964-0089,

    Allen Yates Realty

    Bought with:

    Tammy Taylor, 294193

    EXP Realty LLC

    Source: High Country AOR,MLS#: 239828MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Electric, Forced Air, Fireplace(s), Gas, Heat Pump, Propane
    Cooling
    • Heat Pump, 1 Unit, Zoned
    Appliances
    • Included: Dryer, Dishwasher, Exhaust Fan, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Furnished, Hot Tub/Spa, Vaulted Ceiling(s)
    • Windows: Double Pane Windows
    • Basement: Full,Finished,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Two, Gas, Stone, Propane
    • Furnished: Yes
    Interior area
    • Total structure area: 3,520
    • Total interior livable area: 3,202 sqft
    • Finished area above ground: 2,081
    • Finished area below ground: 1,121

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Driveway, Garage, One Car Garage, Gravel, Private
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Multiple
    • Exterior features: Hot Tub/Spa, Gravel Driveway
    • Has spa: Yes
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Mountain(s)
    • Waterfront features: Creek, Pond, Stream
    Lot
    • Size: 1.44 Acres
    Details
    • Parcel number: 1960531665
    • Zoning description: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman,Mountain,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Basement
    • Roof: Architectural,Shingle
    Condition
    • Year built: 2021

    Utilities & green energy

    • Sewer: Septic Permit 4 Bedroom
    • Water: Private, Well
    • Utilities for property: High Speed Internet Available

    Community & neighborhood

    Community
    • Community features: Long Term Rental Allowed, Short Term Rental Allowed
    Location
    • Region: Banner Elk
    • Subdivision: Signature Ridge

    HOA & financial

    HOA
    • Has HOA: No
    • HOA fee: $250 annually

    Other

    Other facts
    • Listing terms: Cash,Conventional,New Loan,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/20/2023Sold$1,110,000-7.5%$347/sqft
    Source: High Country AOR #239828
    2/7/2023Contingent$1,199,999$375/sqft
    Source: High Country AOR #239828
    11/7/2022Price change$1,199,999-7.7%$375/sqft
    Source: High Country AOR #239828
    10/3/2022Listed for sale$1,300,000$406/sqft
    Source: High Country AOR #239828
    9/16/2022Listing removed--
    Source: High Country AOR #239828

    Public tax history

    YearProperty taxesTax assessment
    2024$2,692 $703,500
    2023$2,692 +0.9%$703,500
    2022$2,669 +1877.1%$703,500 +2260.7%

    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Valle Crucis
    • High: Watauga

    Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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