118 Paupers Ridge Ln, Banner Elk, NC, 28604

$850,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
3 Full Baths, 1 Partial
2,616 SqFt
$325/SqFt
House

Location

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118 Paupers Ridge Ln, Banner Elk$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport
Year Built2008
HeatingForced Air, Propane
CoolingNone
BasementYes
FireplaceLiving Room, Outside
ViewMountain(s)
MLS #4162509
StatusActive

About 118 Paupers Ridge Ln

Location, location, location! This home is situated in the heart of Banner Elk. At almost 4,000 ft of elevation this home offers unobstructed views of Sugar Mountain Ski Slopes off of your wrap around, front porch. Less than 1 mile from Wilderness Run Alpine Coaster, 10 miles +/- from Grandfather Mountain, and a few miles from Diamond Creek Golf Club. The short term rental potential is endless! On the interior this home features 3 bedrooms, 3.5 bathrooms and over 2,600 sqft of living space. Recent updates include LVP flooring and stainless steel appliances. The unfinished basement is complete with 1,300 sqft, 1 full bathroom and 10 foot ceilings making it the perfect space to finish at a later date or use for storage. Bonus room above carport with 400+ sqft. Outdoor fireplace is a great addition for enjoying the colder months. Schedule your private showing today - by appointment only.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 2008
  • Living Area: 2,616 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Elite

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Interior: Breakfast Bar, Kitchen Island
  • Fireplace: Living Room, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Mountain(s)

Parking Information:

  • Parking: Attached Carport

Utilities

Utilities Information:

  • Heating: Forced Air, Propane
  • Cooling: None

Other

Directions Information:

  • Directions: From 421 North, turn left onto Highway 105 Ext. Turn right onto Tynecastle Highway. Turn right onto Paupers Ridge Lane. The home will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $325/SqFt

Tax Information:

  • Annual Amount: $690
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Banner Elk, NC.

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Banner Elk, NC

City

Med. Sold Price

$315K

Med. Price/SqFt

$300

Avg. Days On Market

53

# of Sold Homes

1

118 Paupers Ridge Ln vs Banner Elk

128 DAYS ON ROCKET

+75 Days

$850,000

+$535K More

$325/SqFt

+$24 More

KEY TAKEAWAY

This property is $535K more than the Median Sold Price and $24/SqFt more than other homes in Banner Elk, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4162509

Listing Office:

  • Office Name: Keller Williams Realty Elite

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:51:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$690$251,000
2019$690$251,000
2018$1,381$251,000
2017$1,428$259,700

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1079901
9
/10

  • Banner Elk Elementary School

  • 155 Orchard Ln

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-1079902
5
/10

  • Newland Elementary School

  • 750 Linville St

  • 5.76 miles

  • Public District Grades PK-5

school-card-donut-1079903
8
/10

  • Freedom Trail Elementary School

  • 6110 N US Highway 19E

  • 6.63 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,500. Most Banner Elk, NC residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 118 Paupers Ridge Ln

What is the listing price of this property?

The listing price of 118 Paupers Ridge Ln property is $850,000.

What type of property is this?

The property 118 Paupers Ridge Ln is a house located in Banner Elk, North Carolina, 28604.

Is this property for sale now?

Active Listing: 118 Paupers Ridge Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $690 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 118 Paupers Ridge Ln has 1 bedroom and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 118 Paupers Ridge Ln is 2,616 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 118 Paupers Ridge Ln is 2008.

Rocket Homes›North Carolina›Avery County›Banner Elk›28604›118 Paupers Ridge Ln

This home is located at 118 Paupers Ridge Ln in Banner Elk, NC and zip code 28604. This 2,616 square foot home was built in 2008. Features: 1 bedroom, 4 bathrooms. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $850,000.

In October 2024, from all listings sold in Banner Elk, NC there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. In October 2024 in Banner Elk, NC there were 14% more homes for sale than in September 2024. Listings spent 53 days on the market in October 2024, and had a median list price of $315,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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