NOT LISTED FOR SALE

65 Lazy Ln Banner Elk, NC 28604

Estimated Value: $77,000 - $112,159

0.72 Acre
$119,500 Price per Acre
31,363 Sq Ft Lot

Last Sold October 16, 2024

Last sale price $80,000

Est. 8% increase in value since last sale

Current estimated payment $592/month

145 Days on Market

Highlights

  • Gated Community
  • Golf Course View
  • Partially Wooded Lot
  • Banner Elk Elementary School Rated A-

About This Lot

As of October 2024

Grandfather Mountain View! This lot is ready for you to build your vacation rental or your mountain getaway home. Come down the paved driveway to an already cleared house site with water and septic ready. Just minutes from the ski slopes of Beech Mountain and Sugar Mountain. 15 minutes away from the high country's number 1 attraction Grandfather mountain state park and 5 minutes away from the fine dining of Banner Elk. With great fishing, epic hiking trails, and a number of golf course in the area you can stay as busy as you want. Or just get "Lazy" and enjoy the view from your future deck.

Last Agent to Sell the Property

Byron Proffit

Blue Ridge Realty & Inv. West Brokerage Phone: 336-489-3042 Listed on: 05/21/2024

Last Buyer's Agent

Gina Ross

Keller Williams High Country

Keller Williams High Country

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $192

Lot Details

  • 0.72 Acre Lot
  • Property fronts a private road
  • Steep Slope
  • Partially Wooded Lot

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain
  • Seasonal

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Shared Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Short Term Rentals Allowed
  • Tax Lot 11
  • Assessor Parcel Number 1859-10-26-7808-00000

Community Details

Overview

  • Fox Pointe Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$192

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.72
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Fox Pointe
  • Property Sub Type Additional: Residential
  • Attribution Contact: 336-489-3042
  • Special Features: None

Exterior Features

  • Lot Features: Steep Slope
  • Topography: Sloping
  • View: Golf Course, Long Range, Mountain(s), Seasonal View
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Short Term Rental Allowed
  • Association Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1859-10-26-7808-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 192.0
  • Tax Book Number: 598/1185
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Oct 16, 2024
Sold by
Laurito John
Bought by
Skynick Llc
Seller's Agent
Byron Proffit
Blue Ridge Realty & Inv. West
Buyer's Agent
Gina Ross
Keller Williams High Country
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Views
33
Current Estimated Value
$86,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,040
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
May 21, 2024
Closed on
Oct 9, 2024
Sold by
Rd Home Sales Inc
Bought by
Laurito John
Seller's Agent
Byron Proffit
Blue Ridge Realty & Inv. West
Buyer's Agent
Gina Ross
Keller Williams High Country
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Views
33

Purchase Details

Closed on
Apr 12, 2024
Sold by
Moseley Allen C
Bought by
Fox Pointe Property Owners Association Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
May 22, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Treat James and Treat Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2009
Sold by
Brown Johnny R and Brown Laurie
Bought by
Federal Home Loan Mortgage Corporation and Wells Fargo Bank Na

Purchase Details

Closed on
Mar 8, 2006
Sold by
Skerkowski Bernard R and Willing Alison E
Bought by
Feeney Robert E and Brown Johnny R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Skynick Llc -- None Listed On Document
Laurito John $80,000 None Listed On Document
Fox Pointe Property Owners Association Inc $30,000 None Listed On Document
Treat James -- None Available
Federal Home Loan Mortgage Corporation $440,000 None Available
Feeney Robert E $540,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Pointe Property Owners Association Inc $45,000
Previous Owner Treat James $264,000
Previous Owner Feeney Robert E $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $80,000 -7.9% --
08/08/2024 08/08/24 Price Changed $86,900 -6.1% --
06/28/2024 06/28/24 Price Changed $92,500 -7.5% --
05/23/2024 05/23/24 For Sale $100,000 -- --
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 $192 $48,000 $48,000 --
2023 $192 $48,000 $48,000 $0
2022 $192 $48,000 $48,000 $0
2021 $206 $37,500 $37,500 $0
2020 $206 $37,500 $37,500 $0
2019 $206 $37,500 $37,500 $0
2018 $1,619 $294,400 $37,500 $256,900
2017 $1,681 $305,700 $0 $0
2016 $1,367 $305,700 $0 $0
2015 $1,367 $305,700 $37,500 $268,200
2012 -- $500,700 $75,000 $425,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 249826

High Country Association of REALTORS®

APN: 1859-10-26-7808-00000