NOT LISTED FOR SALE

142 Main St E Banner Elk, NC 28604

Estimated Value: $491,261

1 Acre
$491,261 Price per Acre
43,560 Sq Ft Lot

Sale Details

Date Sold: July 7, 2017

Last sale price $250,000 $126 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,742 / mo

23 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Wood Siding
  • 4-minute walk to Robbins Sunset Park
  • Banner Elk Elementary School Rated A-

About This Lot

As of July 2017

OUTSTANDING RESTAURANT SPACE AVAILABLE FOR BELOW VALUE! Fully equipped restaurant and ready to go. Equipment is about three years old and looks (and acts) new! Convection ovens, hoods, stove, flat top, cooler, freezer, nice and heavy furniture, tables. Great-looking separate area bar with wine cabinet. ....just waiting on your and your Mom's recipes and you are in business! Great location near corner of Main and Shawneehaw in Banner Elk. Owner ran a profitable restaurant here. Priced below value @ $127 PSF. You could in no way buy the land and rebuild it for that .......plus, it is fully furnished! You need to see it!

Last Agent to Sell the Property

David Conrad

Blue Ridge Business Brokerage Listed on: 06/13/2017

Last Buyer's Agent

David Conrad

Blue Ridge Business Brokerage Listed on: 06/13/2017

Property Details

Property Type

  • Land

Year Built

  • Built in 1996

Parking

  • Parking Available

Home Design

  • 1,988 Sq Ft Home
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Lot Details

  • Zoning described as General Business

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 18591820544900301

Property Details

Property Type

Land

Year Built

Built in 1996

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Road Surface Type: Paved
  • Year Built: 1996
  • Special Features: None

Exterior Features

  • Construction Type: Wood Siding
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 18591820544900301
  • Zoning Description: General Business
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 412/2776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2025
Sold by
Simmons Elliott and Simmons Glenda
Bought by
Accetturo Ava
Current Estimated Value
$491,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$480,000
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 7, 2017
Sold by
Byr Development Llc
Bought by
Simmons Elliott and Simmons Glenda
Seller's Agent
David Conrad
Blue Ridge Business Brokerage
Buyer's Agent
David Conrad
Blue Ridge Business Brokerage
List Price
$250,000
Sold Price
$250,000

Purchase Details

Closed on
Feb 8, 2007
Sold by
Duda Joseph A and Ross Gina M
Bought by
Byr Development Llc
Source: Public Records
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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
Accetturo Ava $410,000 None Listed On Document
Simmons Elliott $250,000 None Available
Byr Development Llc $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Accetturo Ava $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $250,000 0.0% $126 / Sq Ft
06/13/2017 06/13/17 For Sale $250,000 -- $126 / Sq Ft
Source: High Country Association of REALTORS®

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
2025 $1,153 $288,300 $162,000 $126,300
2024 $1,153 $288,300 $162,000 $126,300
2023 $1,153 $288,300 $162,000 $126,300
2022 $0 $288,300 $162,000 $126,300
2021 $1,114 $202,600 $68,000 $134,600
2020 $2,249 $202,600 $68,000 $134,600
2019 $2,249 $202,600 $68,000 $134,600
2018 $1,114 $202,600 $68,000 $134,600
2017 $2,721 $240,800 $0 $0
2016 $1,077 $240,800 $0 $0
2015 $1,077 $240,800 $64,800 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 201666

High Country Association of REALTORS®

APN: 1859-18-20-5449-00301

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