NOT LISTED FOR SALE

1180 Tynecastle Highway 184 Banner Elk, NC 28604

Estimated Value: $938,966

0.51 Acre
$1,841,110 Price per Acre
22,216 Sq Ft Lot

Last Sold February 15, 2022

Last sale price $725,000 $142 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,322/month

45 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Home Security System
  • Banner Elk Elementary School Rated A-
  • Cooling Available
  • Outdoor Storage

About This Lot

As of February 2022

Rare and very well located property. 5106 total SF. Former Construction office with wood-working shop and storage/receiving area with two large roll-up doors and high ceilings. (Owner's retiring). 1130 SF finished office area with beautiful trim, doors and woodwork. Very high visibility with parking. Convenient to rapidly growing Banner Elk as well as Sugar and Beech Mountain Resort areas. On highly traveled Tynecastle Highway. Ideal for most anything imaginable - retail, sales office, specialty manufacturing, ski shop ...........possibilities are endless. One great opportunity is now available!

Last Agent to Sell the Property

David Conrad

Blue Ridge Business Brokerage Listed on: 12/01/2021

Last Buyer's Agent

David Conrad

Blue Ridge Business Brokerage Listed on: 12/01/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1975

Lot Details

  • 0.51 Acre Lot

Parking

  • Parking Available

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 5,106 Sq Ft Home
  • Wood Burning Stove
  • Home Security System

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • 220 Volts
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 18580053292600000

Community Details

Recreation

  • Outdoor Storage

Additional Features

  • No Home Owners Association
  • Private Restrooms

Property Details

Property Type

Land

Est. Annual Taxes

$1,894

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Year Built: 1975
  • Special Features: None

Exterior Features

  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Storage
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Security: Security System
  • Green Building Features: Loading Dock, Private Restrooms
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump, Propane, Wood Stove
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 18580053292600000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1894.0
  • Tax Book Number: 433/1056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2008
Sold by
Robeson Joyce V and Clark Michelle Robeson
Bought by
1880 Llc
Current Estimated Value
$938,966
Source: Public Records

Range of Values:

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Average Value
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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
1880 Llc $375,000 None Available
1880 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copper Nail Construction Llc $580,000
Closed 1880 Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $725,000 0.0% $142 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $725,000 -- $142 / Sq Ft
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
2023 $1,628 $407,000 $199,900 $207,100
2022 $0 $407,000 $199,900 $207,100
2021 $1,894 $344,400 $146,600 $197,800
2020 $1,894 $344,400 $146,600 $197,800
2019 $1,894 $344,400 $146,600 $197,800
2018 $1,894 $344,400 $146,600 $197,800
2017 $1,821 $331,100 $0 $0
2016 $1,481 $331,100 $0 $0
2015 $1,481 $331,100 $133,300 $197,800
2012 -- $434,400 $199,900 $234,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 234728

High Country Association of REALTORS®

APN: 1858-00-53-2926-00000