$1,050,000
SOLD JUL 25, 2017

1655 Rockrose Rd Banner Elk, NC 28604

9 Acres
$117,318 Price per Acre
389,862 Sq Ft Lot

Recently Sold

30% Below List Price

102 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Private Lot
  • Banner Elk Elementary School Rated A-
  • Hilly Lot
  • Wooded Lot

About This Lot

As of July 2017

Unparalleled opportunity to build in exclusive Diamond Creek, a gated community nestled in the Blue Ridge Mountains, known for its ideallic setting. This magnificent 8.95-acre estate property, sits high on the majestic Diamond Creek ridge with stunning long range views for miles. Level building parcel with gentle slope towards the back of the property. Property comes with approved Meyer-Greeson plans or you can build your own. Easy commute via helicopter. Absolutely breathtaking!

Last Agent to Sell the Property

Missy H Carey

Mackey Realty LLC License #184122 Listed on: 03/27/2017

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

  • Private Lot
  • Hilly Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $250 Monthly HOA Fees

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 18681832205500000
  • Tax Block 133

Community Details

Overview

  • Community Lake

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.70234
  • Ratio Close Price By Original Li: 0.70234
  • Ratio Current Price By Acre: 117318.44
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed
  • Special Features: None

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes
  • Cleared Acres: 2.00

Utilities

  • Water: Well

Condo/Co-op/Association

  • Community Features: Airfield, Gated Community, Lake
  • Association Fee: 3000.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Hilly, Long Range View, Mountain View, Private, Rolling, Trees, Views, Wooded, Year Round View
  • Lot Size Area: 8.950
  • Parcel Number: 18681832205500000
  • Zoning: Residential
  • Zoning Specification: SFR
  • Plat Book Slide: 40
  • Plat Reference Section Pages: 815
  • Wooded Acres: 7.00

Tax Info

  • Tax Value: 500000.00
  • Tax Block: 133
  • Tax Location: Banner Elk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jul 25, 2017
Sold by
Erwin Capital Inc
Bought by
Greene William B and The William B Greene Jr Trust
Seller's Agent
Missy H Carey
Mackey Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,495,000
Sold Price
$1,050,000
Premium/Discount to List
-$445,000
-29.77%
Current Estimated Value
$4,260,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,210,843
Avg. Annual Appreciation
19.22%

Purchase Details

Closed on
Mar 5, 2008
Sold by
Diamond Creek Development Llc
Bought by
Erwin Capital Inc
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 Type Sale Price Title Company
Warranty Deed $1,050,000 None Available
Warranty Deed $1,600,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2017 07/25/17 Sold $1,050,000 0.0% --
07/25/2017 07/25/17 Sold $1,050,000 -29.8% --
07/07/2017 07/07/17 Pending -- -- --
06/25/2017 06/25/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $1,495,000 +42.4% --
07/05/2016 07/05/16 For Sale $1,050,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $15,058 $3,764,600 $1,000,000 $2,764,600
2022 $0 $3,764,600 $1,000,000 $2,764,600
2021 $23,520 $4,276,400 $1,006,300 $3,270,100
2020 $23,520 $4,276,400 $1,006,300 $3,270,100
2019 $11,592 $2,107,700 $1,006,300 $1,101,400
2018 $5,535 $3,710,600 $1,006,300 $2,704,300
2017 $2,750 $500,000 $0 $0
2016 $2,236 $500,000 $0 $0
2015 $2,236 $500,000 $500,000 $0
2012 -- $700,000 $700,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3259789

Canopy MLS (Canopy Realtor® Association)

APN: 1868-18-32-2055-00000