NOT LISTED FOR SALE

499 Adams Apple Dr Banner Elk, NC 28604

Estimated Value: $122,500

0.17 Acre
$720,588 Price per Acre
7,405 Sq Ft Lot

Last Sold December 07, 2021

Last sale price $22,500

Est. 444% increase in value since last sale

Current estimated payment $668/month

637 Days on Market

Highlights

  • Views of Trees
  • No HOA
  • Level Lot
  • Banner Elk Elementary School Rated A-
  • Home fronts a stream

About This Lot

As of December 2021

Multifamily lot is suitable for 4 units or may rezone to single family. Lot has access to community maintained water and sewer with hook up fee. The site has great views and borders Grandfather State Park with easy access to Tropic Trail.

Last Agent to Sell the Property

Zoe Schmidinger

The Summit Group Of The Carolinas Listed on: 02/08/2020

Last Buyer's Agent

Alaina Farthing

The Summit Group Of The Carolinas

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3

Lot Details

  • 7,405 Sq Ft Lot
  • Home fronts a stream
  • Property fronts a private road
  • Level Lot
  • Zoning described as Multi-Family,Residential,Subdivision

Property Views

  • Trees
  • Mountain

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Adams Apple Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1867-02-65-4965-00002

Property Details

Property Type

Land

Est. Annual Taxes

$3

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.17
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Adams Apple
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • View: Long Range, Mountain(s), Residential, Trees/Woods
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

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

Lot Info

  • Parcel #: 1867-02-65-4965-00002
  • Zoning Description: Multi-Family,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17.6
  • Tax Book Number: 501/186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Nov 30, 2021
Sold by
Reinvestment Partners
Bought by
500 Adams Apple Llc
Seller's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
Buyer's Agent
Alaina Farthing
The Summit Group Of The Carolinas
List Price
$22,500
Sold Price
$22,500
Current Estimated Value
$122,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,000

Purchase Details

Closed on
Aug 11, 2016
Sold by
Miller Steve
Bought by
Reinvestment Partners
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
500 Adams Apple Llc $22,500 None Available
Reinvestment Partners $2,500 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $22,500 0.0% --
11/07/2021 11/07/21 Pending -- -- --
02/08/2020 02/08/20 For Sale $22,500 -- --
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
2023 $3 $800 $800 $0
2022 $3 $800 $800 $0
2021 $4 $800 $800 $0
2020 $4 $800 $800 $0
2019 $4 $800 $800 $0
2018 $4 $800 $800 $0
2017 $12 $2,100 $0 $0
2016 $9 $2,100 $0 $0
2015 $9 $2,100 $1,400 $700
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2021

    Zoe Schmidinger

    The Summit Group Of The Carolinas

    (828) 260-8322

    17 in this area

    71 Total Sales

    Zoe Schmidinger
    Section Image

  • A

    Buyer's Agent in 2021

    Alaina Farthing

    The Summit Group Of The Carolinas

    (828) 964-6384

    18 in this area

    45 Total Sales

    Alaina Farthing
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 220226

High Country Association of REALTORS®

APN: 1867-02-65-4965-00002

North Carolina Avery County Banner Elk 28604

499 Adams Apple Dr, Banner Elk, NC

This home is located at 499 Adams Apple Dr, Banner Elk, NC 28604 since 08 February 2020 and is currently priced at $122,500. 499 Adams Apple Dr is a home located in Avery County with nearby schools including Banner Elk Elementary School and Avery Middle School.

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.

High Country Association of REALTORS® 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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