NOT LISTED FOR SALE

1900 Tynecastle Hwy Banner Elk, NC 28604

Estimated Value: $408,035

0.78 Acre
$523,122 Price per Acre
33,977 Sq Ft Lot

Last Sold September 30, 2019

Last sale price $2,000,000

Current estimated payment $2,229/month

202 Days on Market

Highlights

  • Wooded Lot
  • Pasture
  • Fenced
  • Banner Elk Elementary School Rated A-
  • Access to stream, creek or river
  • Paved or Partially Paved Lot

About This Lot

As of September 2019

Over 250 acres of pristine land with pastures, woods, creeks and panoramic views of Matney Valley, Grandfather Mountain, Beech Mountain and beyond. Dilapidated old cabin and buildings on site. Currently fenced for cattle. Suitable for horses, cattle, vineyard, farm, hunting, family estate or development. Ample frontage on paved state-maintained road in Watauga County close to Banner Elk. Easy driving distance to Boone, Valle Crucis, Blowing Rock and Linville.

Last Agent to Sell the Property

Judith Nye

Premier Sotheby's International Realty License #37761 Listed on: 03/12/2019

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,071

Lot Details

  • Property fronts a private road
  • Fenced
  • Paved or Partially Paved Lot
  • Steep Slope
  • Wooded Lot
  • Possible uses of the property include Cattle, Gardening, Horses, Orchard, Pasture/Grazing, Private Estate, Recreational/2nd House, Subdevelopment, Tree Farm/Timber, Vegetable/Truck Farm

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Well Required
  • Septic Needed
  • Fiber Optics Available

Additional Features

  • Access to stream, creek or river
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 1960101958000 & 1869091064000 & 1960023464000

Property Details

Property Type

Land

Est. Annual Taxes

$1,071

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 7782.10
  • Restrictions: No Representation
  • Additional Information: Tax Information
  • Road Frontage Type: County Road, Private Road
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Cattle, Gardening, Horses, Orchard, Pasture/Grazing, Private Estate, Recreational/2nd House, Subdevelopment, Tree Farm/Timber, Vegetable/Truck Farm

Exterior Features

  • Exterior Features: Fence
  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Fiber Optics, Telephone On-Site
  • Water Source: Well Needed

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Long Range View, Mountain View, Pasture, Paved, Rolling Slope, Sloped, Steep Slope, Creek/Stream, Wooded, Wooded
  • Lot Size Area: 257
  • Lot Size Units: Acres
  • Parcel Number: 1960101958000 & 1869091064000 & 1960023464000
  • Out Buildings Yn: 0
  • Zoning Description: None

Tax Info

  • RATIO List Price By Tax Amount: 1.64880

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2025
Sold by
J & K Beech To Beach Llc
Bought by
Bokhoven And Barrier Properties Llc
Current Estimated Value
$408,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$590,892
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$182,857

Purchase Details

Closed on
May 25, 2020
Sold by
Skene Properties Llc
Bought by
J & K Beech To Beech Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2011
Sold by
Bank Of Grantie
Bought by
Sken Properties Llc

Purchase Details

Closed on
Jun 14, 2011
Sold by
Schwebke Brett and Schwebke Samantha
Bought by
Bank Of Granite

Purchase Details

Closed on
Mar 2, 2007
Sold by
Thompson Fred H
Bought by
Schwebke Brett and Schwebke Samantha

Purchase Details

Closed on
May 10, 2006
Sold by
Thompson Mary O and Thompson Fred Hall
Bought by
Thompson Mary O and The Mary Of Thompson Revocable Trust
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
Bokhoven And Barrier Properties Llc $700,000 None Listed On Document
J & K Beech To Beech Llc $250,000 None Available
Sken Properties Llc $150,000 None Available
Bank Of Granite $136,000 None Available
Schwebke Brett $342,500 None Available
Thompson Mary O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bokhoven And Barrier Properties Llc $595,000
Previous Owner J & K Beech To Beech Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $2,000,000 -33.3% --
03/12/2019 03/12/19 For Sale $3,000,000 -- --
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
2024 $1,071 $267,800 $160,200 $107,600
2023 $1,071 $267,800 $160,200 $107,600
2022 $0 $267,800 $160,200 $107,600
2021 $1,301 $236,600 $128,900 $107,700
2020 $1,301 $236,600 $128,900 $107,700
2019 $1,301 $236,600 $128,900 $107,700
2018 $1,301 $236,600 $128,900 $107,700
2017 $1,277 $232,100 $0 $0
2016 $1,038 $232,100 $0 $0
2015 $1,038 $232,100 $124,400 $107,700
2012 -- $312,100 $186,600 $125,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3482799

Canopy MLS (Canopy Realtor® Association)

APN: 1858-00-53-2882-00000