NOT LISTED FOR SALE

300 Basswood Rd Banner Elk, NC 28604

Estimated Value: $142,000

1.05 Acres
$135,238 Price per Acre
45,738 Sq Ft Lot

Last Sold September 01, 2020

Last sale price $22,000

Est. 545% increase in value since last sale

Current estimated payment $833/month

Highlights

  • Home fronts a pond
  • Mountain View
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • Private Membership Available
  • Partially Wooded Lot

About This Lot

As of September 2020

Listed below tax value. Bring offers. A gem of a lot in a central Foscoe location! 4 lots combined to be over 1 acre at the top of Mill Ridge. Big views of the Foscoe Valley and view control. Side of the lot has a view of Grandfather Mountain that would be perfect for a deck/patio firepit area. Land grade suits a gentle slope at first and would work well for a walkout basement/deck with level parking area out front. No need for a septic permit or digging a well, Mill Ridge has a convenient community sewer and multiple well-system accessible with a tap-on-fee, incredible value and much less expense then digging well/septic. The building site has level access from the road and extends generously down into the woods to ensure great mountain views and privacy. Within Mill Ridge enjoy amenities such as a pool in warmer months, clubhouse, tennis, hiking trails, Watauga river access, ponds, and playground. Centrally located just minutes from unique shops, fabulous restaurants, golf, skiing, fishing, zip lines, hiking, the Blue Ridge Parkway, Grandfather Mountain, & much more. Lot has access to community water/sewer and also active club membership (no need to pay $12,500 initiation fee)

Last Agent to Sell the Property

Nate Wright

Hyatt In The High Country, Inc. Listed on: 10/14/2019

Co-Listed By

Kelsey Wright

Hyatt In The High Country, Inc.

Last Buyer's Agent

Margo Lenmark

Allen Tate Realtors Boone

Allen Tate Realtors Boone

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $228

Lot Details

  • 1.05 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $60 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1878866178000

Community Details

Overview

  • Private Membership Available
  • Mill Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$228

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.05
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 491
  • Co List Office Phone: (828) 268-9901
  • Subdivision Name: Mill Ridge
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • Topography: Sloping
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No

Utilities

  • Sewer: Not Connected, Community/Coop Sewer
  • Utilities: Electricity Available, Other, Sewer Available, See Remarks, Cable Available, High Speed Internet Available, Water Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Pool, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878866178000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 228.0
  • Tax Book Number: 1243/264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Aug 31, 2020
Sold by
Porch Clarence L and Porch Heather L
Bought by
Trammell Thomas Euel and Trammell Kristen Marie
Seller's Agent
Nate Wright
Hyatt In The High Country, Inc.
Buyer's Agent
Margo Lenmark
Allen Tate Realtors Boone
List Price
$22,000
Sold Price
$22,000
Current Estimated Value
$142,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,000
Avg. Annual Appreciation
43.11%
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
Trammell Thomas Euel $22,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $22,000 0.0% --
08/02/2020 08/02/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $22,000 -- --
Source: High Country Association of REALTORS®

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 $61 $19,100 $19,100 $0
2023 $70 $19,100 $19,100 $0
2022 $70 $19,100 $19,100 $0
2021 $0 $14,000 $14,000 $0
2020 $63 $14,000 $14,000 $0
2019 $63 $14,000 $14,000 $0
2018 $56 $14,000 $14,000 $0
2017 $56 $14,000 $14,000 $0
2013 -- $13,900 $13,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 218389

High Country Association of REALTORS®

APN: 1878-86-6178-000