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298 Lodge Ridge Trail

298 Lodge Ridge Trail, Banner Elk, NC 28604
Property in Avery
Sold Feb 25, 2021
$2,730,500
$1,960,000 by South State Bank National Asso
Mortgage Due Mar 01, 2051
Sold May 27, 2009
$2,000,000
298 Lodge Ridge Trail has been categorized by the local assessors in Banner Elk, NC as a residential type of property. The building on the property was first built in 2006 and is 18 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 298 Lodge Ridge Trail has 4,759 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 138,085 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 529 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. The building has a cathedral style roof made of metal. The exterior walls of the building are made of wood siding. While the interior walls have been made of decorative/custom materials. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 18, 2021 for $2,730,500. That's $516.36 per sqft. Prior to that sales transaction, the property was also sold in May 27, 2009 for $2,000,000. 298 Lodge Ridge Trail was last assessed in 2023. The total value of the property was assessed at $2,712,500. Specifically, the land the property is located on was valued at $510,000. While improvements on the property were assessed at a total of $2,202,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,850. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 3,297
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 138,085
  • Total Building Area: 5,288
  • Gross Building Area: 5,288
  • Building Area: 4,759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,759
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAGLES NEST LODGES
  • Land Acres: 3.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAGLES NEST LODGES LOT 29

Ownership

  • Current Owner : EDWARDS D HUNTER D
  • Current Owner 2: EDWARDS STEPHANIE R
  • Previous Owner : GROSS ALAN H
  • Previous Owner 2: GROSS BETH A
  • Owner Before Previous Owner: SOUTH BEECH SUMMIT LLC

Neighborhood

  • School District Name: Avery County Schools
  • School Tax School District: 1-BANNER ELK
  • Census Tract: 930100

Zoning

  • Zoning: NULL

Geography

  • Account Number: 75014
  • District: 2
  • Parcel: 1849-00-59-3767-00000
  • Lot: 29
  • Municipality: BANNER ELK
  • Latitude: 36.1892
  • Longitude: -81.8962

    Address

  • Full Address: 298 Lodge Ridge Trl
  • Address - House Number: 298
  • Address - Street Name: Lodge Ridge
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Banner Elk
  • Carrier Code: R007
  • 4-Digit Zip Code: 6147
  • Zip Code: 28604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,850

    Appraisal Valuation

  • Standard Deviation: 0.4707
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 5
  • Final Value: 4,114,173
  • High Value: 6,051,083
  • Low Value: 2,177,262

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,960,000
  • First Open Lien Mortgage Lender: SOUTH STATE BANK NATIONAL ASSO
  • First Open Lien Mortgage Recording Date: Feb 25, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $2,712,500
  • Market Land Value: $510,000
  • Market Improvement Value: $2,202,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,712,500
  • Assessed Land Value: $510,000
  • Assessed Improvements Value: $2,202,500

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11822838491
  • Current Sale Price: $2,730,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021001120
  • Previous Sale Recording Date: May 27, 2009
  • Previous Sale Contract Date: May 27, 2009
  • Previous Sale Amount: $2,000,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTH STATE BANK NATIONAL ASSO
  • First Mortgage Transaction Date: Feb 25, 2021
  • First Mortgage Loan Amount: $1,960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Avery



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Frequently Asked Questions

What neighborhood is 298 Lodge Ridge Trail located in?
The 298 Lodge Ridge Trail is a located in the neighborhood of Avery in Avery, Banner Elk.
What is the average sales price for listings in 298 Lodge Ridge Trail?
The average sales price for units in 298 Lodge Ridge Trail is $0 currently.

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