NOT LISTED FOR SALE

1218 Spice Bottom Trail Banner Elk, NC 28604

Estimated Value: $118,000 - $582,000

13.14 Acres
$21,918 Price per Acre
572,378 Sq Ft Lot

Last Sold March 01, 2018

Last sale price $255,000

Est. 13% increase in value since last sale

Current estimated payment $2,178/month

298 Days on Market

About This Lot

As of March 2018

This large 13 acre tract lays beside Grandfather. This well laying 13 plus acre tract offers wooded privacy, large rock outcroppings and boulders, and long range views at a high elevation of over 4,000 feet. There was a previous home on the property but it has been removed to make way for your new home. The 3 bedroom septic and well are in place and ready to be used for a new house. The easy access through the gated entrance into the quiet and private neighborhood makes this a rare jewel to find. Spice Branch is a gated community between Banner Elk and Boone just off of Hwy 105 and very close to Valle Crucis. Easy to show

Last Agent to Sell the Property

Allen Yates

Allen Yates Realty License #303442 Listed on: 03/17/2017

Last Buyer's Agent

Allen Yates

Allen Yates Realty License #303442 Listed on: 03/17/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $545

Lot Details

  • 13.14 Acre Lot

HOA Fees

  • $600 Monthly HOA Fees

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Underground Utilities
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1877690741

Property Details

Property Type

Land

Est. Annual Taxes

$545

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Directions: From Boone take highway 105, through Foscoe, and turn left on Aldridge road. Follow Aldridge until it dead ends at the gat for Spice Branch (need gate code) After gate travel for 1.2 miles on Spice Branch Trail. Driveway to property is on the right just before you get to the Apple Tree section.
  • Prop. Type: Land
  • Location Tax Legal Info Parcel ID: 1877690741
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 13.14
  • General Property Description Zoning2: none
  • General Property Description Elementary School3: Valle Crucis
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Watauga High School
  • General Property Description HOA Fee: 600.0
  • Sewer Private Sewer: Yes
  • Utilities Underground Utilities: Yes
  • Water Private: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 13.14

Utilities

  • Sewer: Private Sewer
  • Utilities: Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga High School
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: none
  • Lot Dimensions: 13.14
  • Lot Size Sq Ft: 572378.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1877690741
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Feb 7, 2018
Sold by
Palmer Michael James and Palmer Elizabeth White
Bought by
Emerson Beth Hickman and Gst Trust
Seller's Agent
Allen Yates
Allen Yates Realty
Buyer's Agent
Allen Yates
Allen Yates Realty
List Price
$299,000
Sold Price
$255,000
Premium/Discount to List
-$44,000
-14.72%
Current Estimated Value
$288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,000
Avg. Annual Appreciation
1.61%

Purchase Details

Listed on
Apr 8, 2013
Closed on
Oct 16, 2014
Sold by
Marsh Douglas Ivory and Marsh Teri Thomas
Bought by
Palmer Michael James and Palmer Elizabeth White
Seller's Agent
Chad Vincent
Berkshire Hathaway HomeServices Vincent Properties
Buyer's Agent
Allen Yates
Allen Yates Realty
List Price
$212,500
Sold Price
$212,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
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
Emerson Beth Hickman $255,000 None Available
Palmer Michael James $212,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2018 03/01/18 Sold $255,000 -14.7% --
01/10/2018 01/10/18 Pending -- -- --
03/17/2017 03/17/17 For Sale $299,000 +40.7% --
11/12/2014 11/12/14 Sold $212,500 0.0% -- View Prior Sale
10/13/2014 10/13/14 Pending -- -- --
04/08/2013 04/08/13 For Sale $212,500 -- --
Source: Tennessee/Virginia Regional MLS

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 $545 $148,000 $148,000 $0
2023 $545 $148,000 $148,000 $0
2022 $545 $148,000 $148,000 $0
2021 $620 $136,900 $136,900 $0
2020 $620 $136,900 $136,900 $0
2019 $620 $136,900 $136,900 $0
2018 $552 $136,900 $136,900 $0
2017 $552 $136,900 $136,900 $0
2013 -- $324,000 $146,300 $177,700
Source: Public Records

Agents Affiliated with this Home

  • Allen Yates

    Seller's Agent in 2018

    Allen Yates

    Allen Yates Realty

    (828) 264-5960

    15 in this area

    59 Total Sales

    Allen Yates
    Section Image
  • Chad Vincent

    Seller's Agent in 2014

    Chad Vincent

    Berkshire Hathaway HomeServices Vincent Properties

    (828) 268-1986

    23 in this area

    240 Total Sales

    Chad Vincent
    Section Image
  • Jay Vincent

    Seller Co-Listing Agent in 2014

    Jay Vincent

    Berkshire Hathaway HomeServices Vincent Properties

    (828) 295-0707

    26 in this area

    256 Total Sales

    Jay Vincent
    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 389013

Tennessee/Virginia Regional MLS

APN: 1877-69-0741-000

North Carolina Watauga County Banner Elk 28604

1218 Spice Bottom Trail, Banner Elk, NC

This home is located at 1218 Spice Bottom Trail, Banner Elk, NC 28604 since 17 March 2017 and is currently estimated at $288,000. 1218 Spice Bottom Trail is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

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