NOT LISTED FOR SALE

000 Horse Bottom Rd Banner Elk, NC 28604

Estimated Value: $346,000 - $468,000

0.65 Acre
$626,154 Price per Acre
28,314 Sq Ft Lot

Last Sold August 30, 2022

Last sale price $25,000

Est. 1,528% increase in value since last sale

Current estimated payment $2,179/month

Highlights

  • Peek-A-Boo Views
  • Wooded Lot
  • No HOA
  • Banner Elk Elementary School Rated A-

About This Lot

As of August 2022

Beautiful building lot with easy building site and great mountain view potential! Minutes from the Town of Banner Elk and all it has to offer - Ski Resorts, Restaurants, Hiking, Biking and more! Get in on the action yet feel secluded on this special lot with potential long range views! Location is a small neighborhood called Valle Vista. See the upper part of the neighborhood on Valle Vista Drive for inspiring completed homes. This lot offers privacy at the end of White Oak Rd with multiple lots around that have not been developed. Remove some trees for a year-round mountain view. Build your dream home or a rental investment. Low square footage minimum (750) and minimal restrictions.

Last Agent to Sell the Property

Sandi Dascoulias

Realty One Group Results-Banne Listed on: 03/26/2022

Realty One Group Results-Banne

Co-Listed By

Lori Bryan

Keller Williams High Country

Last Buyer's Agent

Sandi Dascoulias

Realty One Group Results-Banne Listed on: 03/26/2022

Realty One Group Results-Banne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $206

Lot Details

  • 0.65 Acre Lot
  • Property fronts a private road
  • Sloped Lot
  • Wooded Lot

Property Views

  • Peek-A-Boo
  • Mountain

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Private Water Source
  • Not Connected to Water Source
  • Septic Needed
  • Not Connected to Sewer
  • Private Sewer

Community Details

  • No Home Owners Association
  • Valle Vista Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 39
  • Assessor Parcel Number 1869-03-31-2623-00000

Property Details

Property Type

Land

Est. Annual Taxes

$206

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.65
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 442
  • Co List Office Phone: (828) 898-3111
  • Subdivision Name: Valle Vista
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • Topography: Sloping
  • View: Long Range, Mountain(s), Partial
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Not Connected, Private Sewer, Septic Needed
  • Water Source: Not Connected, Private

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1869-03-31-2623-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 206.25
  • Tax Book Number: 564/259
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2022
Closed on
Aug 17, 2022
Sold by
Victoria Nioll Revocable Trust
Bought by
Richmond John E and Richmond Ann C
Seller's Agent
Sandi Dascoulias
Realty One Group Results-Banne
Buyer's Agent
Sandi Dascoulias
Realty One Group Results-Banne
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%
Current Estimated Value
$407,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,000
Avg. Annual Appreciation
145.24%

Purchase Details

Closed on
Jul 29, 2021
Sold by
Nicoll Benjamin R and Nicoll Victoria N
Bought by
Nicoll Victoria N and Nicoll Benjamin R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richmond John E $25,000 Dustin N Stacy Pllc
Nicoll Victoria N -- None Available
Victoria N Nicoll Revocable Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $25,000 -44.4% --
07/24/2022 07/24/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $45,000 -- --
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $150 $37,500 $37,500 --
2023 $150 $37,500 $37,500 $0
2022 $0 $37,500 $37,500 $0
2021 $206 $37,500 $37,500 $0
2020 $206 $37,500 $37,500 $0
2019 $206 $37,500 $37,500 $0
2018 $206 $37,500 $37,500 $0
2017 $83 $15,000 $0 $0
2016 $67 $15,000 $0 $0
2015 $67 $15,000 $15,000 $0
2012 -- $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 236061

High Country Association of REALTORS®

APN: 1869-03-31-2623-00000