D
Seller's Agent in 2022
David Conrad
Blue Ridge Business Brokerage
330 Main St E Banner Elk, NC 28604
Estimated Value: $1,007,229
1.45
Acres
$694,641
Price per Acre
63,162
Sq Ft Lot
Highlights
- 1.45 Acre Lot
- No HOA
- No Heating
- Banner Elk Elementary School Rated A-
- Two Cooling Systems Mounted To A Wall/Window
- 2-minute walk to Robbins Sunset Park
About This Lot
As of December 2022THIS IS A PRIME LOCATION ON BANNER ELK'S GROWING CORRIDOR! DON'T MISS OUT!! Now Available: Stand alone building on Main Street in downtown Banner Elk. The building and land is a prime and rare opportunity in this busy resort town. It is a gorgeous facility and was designed by the regionally famous David Patrick Moses. This space would make an excellent restaurant due to the location on Main Street with a daily traffic count of 5,000 cars. Banner Elk is a dining destination for the surrounding area; imagine one of your intimate dining rooms being the old "Vault" (please see in photos). Other potential uses are a medical facility, professional offices including medical practices, retail, fuel/snack center, and many other commercial uses. The building is on a flat lot with great visibility and includes tons of parking which is usually rare and limited in these mountain towns. Banner Elk is in the midst of a boom and this a large, very well-maintained facility, on a nice lot with plenty of parking. Very adaptable for many uses and your concept. Sellers will also consider leasing the property or a build to suit. Call Today!
Last Agent to Sell the Property
David Conrad
Blue Ridge Business Brokerage Listed on: 01/08/2021
Co-Listed By
Rick LaBarre
Blue Ridge Brokerage
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,471
Year Built
- Built in 1986
Lot Details
- 1.45 Acre Lot
- Zoning described as Business/Comm
Parking
- Parking Available
Home Design
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Cedar
Interior Spaces
- 3,196 Sq Ft Home
- 1-Story Property
Schools
- Banner Elk Elementary School
- Avery County High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 18591830486100000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2018
Sold by
Bank Of America National Association
Bought by
Excalibur Investment Group Llc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Excalibur Investment Group Llc | $300,000 | First American Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2022 12/12/22 | Sold | $799,000 | 0.0% | $250 / Sq Ft |
| 07/04/2022 07/04/22 | Price Changed | $799,000 | +6.7% | $250 / Sq Ft |
| 01/08/2021 01/08/21 | For Sale | $749,000 | -- | $234 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $2,461 | $737,000 | $297,900 | $439,100 |
| 2023 | $2,461 | $615,200 | $297,900 | $317,300 |
| 2022 | $2,461 | $615,200 | $297,900 | $317,300 |
| 2021 | $3,471 | $631,100 | $297,900 | $333,200 |
| 2020 | $7,005 | $631,100 | $297,900 | $333,200 |
| 2019 | $7,005 | $631,100 | $297,900 | $333,200 |
| 2018 | $3,471 | $631,100 | $297,900 | $333,200 |
| 2017 | $7,220 | $638,900 | $0 | $0 |
| 2016 | $2,857 | $638,900 | $0 | $0 |
| 2015 | $2,857 | $638,900 | $257,900 | $371,600 |
| 2012 | -- | $813,100 | $412,600 | $400,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller Co-Listing Agent in 2022
Rick LaBarre
Blue Ridge Brokerage
-
Chad Vincent
Buyer's Agent in 2022
Chad Vincent
Berkshire Hathaway HomeServices Vincent Properties
(828) 268-1986
23 in this area
240 Total Sales
-
Jay Vincent
Buyer Co-Listing Agent in 2022
Jay Vincent
Berkshire Hathaway HomeServices Vincent Properties
(828) 295-0707
26 in this area
256 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 227735
APN: 1859-18-30-4861-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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