$129,900
SOLD JUN 18, 2021

7 Finally Way Banner Elk, NC 28604

2.08 Acres
$62,452 Price per Acre
90,605 Sq Ft Lot

Recently Sold

126 Days on Market

Highlights

  • Home fronts a pond
  • 2.08 Acre Lot
  • Gazebo
  • Banner Elk Elementary School Rated A-
  • Mountain View
  • High Speed Internet

About This Lot

As of June 2021

Welcome to the hidden gem of the High Country, five minutes to Banner Elk via paved roads. Whimsical views abound from this development. This premiere estate lot is in the top section of Heath Hill Estates, a low density 10 site development outside of Banner Elk. Enjoy big views of Beech Mountain from this lot. A driveway is cut in and further into the lot is a gently sloping area for a homesite. The elevated homesite has incredible view potential and enjoy cool summers at well over 4,000' elevation. Sellers have approved floorplans for a 3+ bedroom home and prior 4 bedroom septic. Heath Hill Estates features a community pond and gazebo with long range views. As you drive in, a working tree farm is in operation. Enjoy < 5-minute drive to downtown Banner Elk, <10 minutes to grocery stores, <10 minutes to Valle Crucis. Banner Elk has great restaurants, a community park, events, and close proximity to snow skiing at Sugar Mountain and Beech Mountain. Abundant seasonal activities in the area from golf/tennis clubs, hiking, fishing and more are all within reach. This location is an incredible value. Come build your dream home!

Last Agent to Sell the Property

Nate Wright

Hyatt In The High Country, Inc. Listed on: 01/12/2021

Co-Listed By

Kelsey Wright

Hyatt In The High Country, Inc.

Last Buyer's Agent

Mike Roberts

Fathom Realty NC LLC

Fathom Realty NC LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $275

Lot Details

  • 2.08 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Zoning described as Residential,Subdivision

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 18690311164400000

Community Details

Overview

  • Heath Hill Estates Subdivision

Recreation

  • Gazebo

Property Details

Property Type

Land

Est. Annual Taxes

$275

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.08
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 491
  • Co List Office Phone: (828) 268-9901
  • Subdivision Name: Heath Hill Estates
  • Property Sub Type Additional: Residential
  • Special Features: VirtualTour

Exterior Features

  • Topography: Other,Sloping
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No
  • Other Structures: Gazebo

Utilities

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

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 18690311164400000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 275.0
  • Tax Book Number: 400/3419

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Jun 17, 2021
Sold by
Norman Richard and Norman Sharon
Bought by
Lesage Keith R and Lesage Alicia M
Seller's Agent
Nate Wright
Hyatt In The High Country, Inc.
Buyer's Agent
Mike Roberts
Fathom Realty NC LLC
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.90%

Purchase Details

Closed on
Mar 28, 2006
Sold by
Heath Julian F and Heath Jane F
Bought by
Norman Richard and Norman Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,348
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 None Available
Warranty Deed $260 None Listed On Document
Interfamily Deed Transfer $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $124,348 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $184,000 -2.6% --
03/20/2025 03/20/25 For Sale $189,000 +45.5% --
06/18/2021 06/18/21 Sold $129,900 0.0% --
05/19/2021 05/19/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $129,900 -- --
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 $480 $120,000 $120,000 $0
2022 $0 $120,000 $120,000 $0
2021 $275 $50,000 $50,000 $0
2020 $275 $50,000 $50,000 $0
2019 $275 $50,000 $50,000 $0
2018 $275 $50,000 $50,000 $0
2017 $358 $65,000 $0 $0
2016 $291 $65,000 $0 $0
2015 $291 $65,000 $65,000 $0
2012 -- $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 227594

High Country Association of REALTORS®

APN: 1869-03-11-1644-00000