NOT LISTED FOR SALE

262 Sundown Trail Unit S-14 Banner Elk, NC 28604

Estimated Value: $344,000 - $1,065,000

1.39 Acres
$506,835 Price per Acre
60,548 Sq Ft Lot

Last Sold August 11, 2020

Last sale price $185,000

Est. 281% increase in value since last sale

Current estimated payment $4,426/month

81 Days on Market

Highlights

  • Equestrian Center
  • Clubhouse
  • Recreation Facilities
  • Gated Community
  • Pond

About This Lot

As of August 2020

Beautiful wide long range views from this lot in The Lodges at Eagles Nest. The S in the lot stands for sundown views and will not disappoint! Sitting on the high side of the road at about 4700 feet elevation, this lot lays nicely and has impressive rock outcroppings. The homes nearby on the street are gorgeous and support any level of construction. Priced very well--compare and see! This property is near one of the amenity areas of Eagles Nest with an amphitheater, toy barn and playing field. The Lodges at Eagles Nest is the premier outdoor oriented community in our NC Mountains, with numerous amenities such as ATV trails, pavilions, equestrian facilities, a tepee village and winery to open soon.

Last Agent to Sell the Property

Leslie Eason

Keller Williams High Country License #255892 Listed on: 04/30/2020

Keller Williams High Country

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $367 Monthly HOA Fees

Additional Features

  • Equestrian Center
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1940-17-11-1266-00000

Community Details

Recreation

  • Recreation Facilities
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.84475
  • Ratio Close Price By Original Li: 0.84475
  • Ratio Current Price By Acre: 133093.53
  • Restrictions: Modular Not Allowed
  • Special Features: None

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Gated Community, Pond, Recreation Area, Security
  • Association Fee: 2200.00
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Long Range View, Mountain View
  • Lot Size Area: 1.390
  • Parcel Number: 1940-17-11-1266-00000
  • Zoning Specification: RES
  • Plat Reference Section Pages: 43/315

Tax Info

  • Tax Value: 250000.00
  • Tax Location: Avery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Aug 10, 2020
Sold by
Kroeger Shadrak and Kroeger Diana
Bought by
Rgm Propeties Partnership Lllp
Seller's Agent
Leslie Eason
Keller Williams High Country
Buyer's Agent
Non Member
Canopy Administration
List Price
$219,000
Sold Price
$185,000
Premium/Discount to List
-$34,000
-15.53%
Total Days on Market
81
Current Estimated Value
$704,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,500
Avg. Annual Appreciation
19.64%
Source: Public Records

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Range of Values:

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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
Rgm Propeties Partnership Lllp $185,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $185,000 -15.5% --
07/20/2020 07/20/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $219,000 -- --
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 $1,250 $312,500 $312,500 $0
2022 $1,250 $312,500 $312,500 $0
2021 $1,375 $250,000 $250,000 $0
2020 $1,375 $250,000 $250,000 $0
2019 $1,375 $250,000 $250,000 $0
2018 $1,375 $250,000 $250,000 $0
2017 $550 $100,000 $0 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3601314

Canopy MLS (Canopy Realtor® Association)

APN: 1940-17-11-1266-00000